Arithmetic:Profit & loss TTT-1

 ARITHMETIC

⏳ TIME TRACKER TEST ⏰

Difficulty mode : Moderate

Profit & loss :

1. Rajesh sells a tape recorder to Mihir at a loss of 10% and Mihir sells it to Shiv at a loss of 20%. If Shiv pays Rs 1440 for it. at what price did Rajesh buy it?

1. Rs 1920
2. Rs 2000
3. Rs 1800
4. Rs 2332
5. None of the above

2. A man sells a scooter to his friend at 10% loss. If the friend sells it for Rs 54000 and gains 20%, find the original cost price of the scooter.
 

1. None of the above
2. Rs 50000
3. Rs 45000
4. Rs 40000
5. Rs 33500

3. A' sells a good to 'B' at a profit of 10% and B sells it to 'C' at a profit of 20%. Find out the resultant profit.

1. 35%
2. 20%
3. 32%
4. 23%
5. None of the above

4. A manufacturer sells an article to a wholesale dealer at a profit of 20%. The wholesale dealer sells it to a retail merchant at a loss of 5%. Find out the resultant profit or loss.

1. 14% loss
2. 14% gain
3. Insufficient data
4. 12% gain
5. None of the above

5. A man sold two watches for Rs 3750 each. On one he gained 5%, and on the other, he lost 5%. What was his total gain or loss percentage?

1. 0.25%

2. $\frac{1}{2}$%

3. $\frac{1}{4}\%$

4. Insufficient data

6. A man sells two houses at the rate of Rs 1,995 lakhs each. On one house he gains 20% and on the other, he loses 20%. His gain or loss percent on the whole transaction is:

1. 5% loss
2. 4% profit
3. Insufficient data
4. 4% loss
5. None of the above

7. A shopkeeper sold two bicycles for Rs 1500 each. On one, he gains 25% and on the other he loses 20%. His gain or loss percent in the whole transaction is:
 

1. 2% loss
2. $2\frac{18}{41}\%loss$
    
3. $2\frac{18}{41}\%gain$
    
4. 2% gain
    
5. None of these

8. A man sells two articles, each for Rs 640. He earns 20% profit on the first, and 40% profit on the second. Find his overall percent profit.
 

1. None of these
2. $29\%$
3. $29\frac{1}{2}\%$
    
4. $28\frac{1}{2}\%$
    
5. $29\frac{3}{13}\%$

9. A person sells two articles, each for Rs 1040. He incurs 20% loss on the first and 10% loss on the second. Find out overall percentage loss.

1. None of these
2. $12\frac{5}{17}\%$
    
3. $15\frac{5}{17}\%$
    
4. $13\frac{3}{4}\%$
    
5. $14\frac{3}{4}\%$

10. A grocer sells rice at a profit of 20% and uses a weight which is 25% less. Find out overall gain percentage.

1. 60%
    
2. 65%
    
3. 58%
    
4. 63%
5. None of these

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