Profit, Loss and

Discount
(Set – 7)
 Profit, Loss and Discount
(Set – 7)
1) Ashutosh calculates his profit percentage on the selling price whereas Hitesh calculates his
profit on the cost price. They find that the difference of their profit is Rs. 135. If the selling price
of both of them are the same, and Ashutosh gets 30% profit and Hitesh gets 25% profit, then find
their selling price.
(1) 3000 (2) 1350 (3) 2550 (4) 2100
2) One trader calculates the percentage of profit on the buying price and an-other calculates on
the selling price. When their selling prices are the same, then the difference of their actual profits
is Rs. 85 and both claim to have made 20% profit. What is the selling price of each?
(1) 2500 (2) 4800 (3) 2550 (4) 2100
3) A trader marks up cost of the given item by 20% . However he has a faulty machine which
shows 900g for l000g kept on it. What is the profit/loss % that the trader will make ¡n above
transaction ?
a) 10 % b) 5% c) 8% d) 12% e) None
4) A trader mixes 20% impurity to the pure stuff he is selling and his weighing scale is faulty and
shows 1000g for 800g kept. What is the profit% the trader makes in selling the stuff when he sells
the stuff at 10 % discount?
a) 30% b) 35% c) 40% d) 20% e) None
5) A dishonest dealer marks up the price of his goods by 20% and gives a discount of 10% to the
customer besides; he also cheats both his supplier and his buyer by 100 grams while buying or
selling 1kg. Find the % profit earned by the shopkeeper.
a) 30% b) 32% c) 25% d) 20% e) None
6) Mega, wheat vendor, uses a weight of 1200 grams instead of 1 kg while buying wheat, and us-
es a weight of 900 grams instead of 1 kg while selling it. He also adds 5 kg of brown stones per
100 kg of wheat to get more money. If he gives a discount of 10% to his customers on cost price
then how much profit or loss does he make?
a) 26% b) 20% c) 32% d) 30% e) None of these
 Profit, Loss and Discount
(Set – 7)
7) A dishonest trader marks up his goods by 80% and gives discount of 25%. Besides he gets 20%
more amount per kg from wholesaler and sells 10% less per kg to customer. What is the overall
profit percentage?
a) 50% b) 40% c) 25% d) 20% e) None
8) Ramu a retailer cheats both while buying and selling goods. While buying goods from the
shopkeeper he uses weighing machine that shows 1000 g when the actual quantity is 1100 g.
While selling, he uses a machine that shows 1100 g when the actual quantity is 1000 g. If he sells
goods at CP only, determine the profit percentage in the whole transaction.
a) 20% b) 25% c) 32% d) 21% e) None of these
 Profit, Loss and Discount
(Set – 5)
7) The initial selling price of a watch is 60% more than its cost price. The selling price decreases
by 10% if the watch is sold more than a month after it was purchased by the dealer. A dealer
buys 45 watches on 1st January and 36 watches on 1st February while he sells 30 watches in Jan-
uary and 51 watches in February. What is his overall profit obtained by the dealer by selling the
watches?
(a) 24% (b) 63% (c) 57% (d) 64% (e) None of these