[Elementary Practice] Quant - Profit , Loss & Discount

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Q1. Profit after selling article for ₹ 700 is 717717% more than the loss incurred when it is sold for ₹ 410. What will be the selling price of that article, if a profit of 10% is desired?
Ans - 605

Q2. Ayush sold his bicycle at 20% loss. If he purchased it for 10% less and sold it for ₹ 60 more, he would have faced loss of 559559% only. Find the initial C.P.
Ans -1200

Q3. A man sells his goods at 10% profit. If he purchased it for ₹ 500 Loss and sold it for ₹ 500 Loss, he would have gained 10% more profit. Find the initial cost price.
Ans - 1000

Q4. Andrew bought two books for ₹ 1830. By selling one book at a profit of 7% and the other at a loss of 8% he neither gains nor looses in the whole transaction. Find the cost price of each book.
Ans - ₹ 854, ₹ 976

Q5. Amit and Bhuvan made a total profit of ₹ 8250. They decided to share it such that 15 15 of Amit’s profit is equal to 310310 of Bhuvan’s profit. Find the profit of Bhuvan.
Ans - 3300

Q6. A shopkeeper bought two mobile phones in ₹ 8000. If he sells 1st phone at 20% profit and 2nd phone at 15% profit he earns certain profit. But if he sells 1st phone at 15% profit and 2nd phone at 20% profit he gets ₹ 100 more. Find the price of both the phones.
Ans -  3000, ₹ 5000

Q7. Marked price of a watch is ₹ 2200. John bought it for ₹ 1881 after getting two successive discounts. If the first discount was 10%, what was the second discount?
Ans - 5%

Q8. On selling an article at 3434 of the marked priced, a merchant suffers loss of 10%. Find his profit percent when article is sold at marked price.
Ans - 20

Q9. A shopkeeper purchases some number of articles at ₹ 15000 and he sells 3535 of them at 20%. Profit. At what loss % did he sell the remaining articles to gain 5% overall?
Ans - 17 1/2%

Q10. By what fraction the selling price must be multiplied to get the cost price, if gain is 25%?
Ans - 4/5

Q11. An increase of 10% in the price of banana enables Piyush to purchase 5 bananas less for ₹ 50. Find the price of 11 bananas before price increase.
Ans - 10

Q12. A shopkeeper promises to sell his goods at 30% loss but he uses 10% less weight. Find his actual loss%
Ans - 22 2/9 %

Q13. A shopkeeper marks his goods 30% above the C.P and gives a discount of 10% to the customer. At the time of selling the goods he uses 700 gm weight instead of 1 kg. Find his profit percentage.
Ans - 67 1/7 %

Q14. A fruit seller purchased 20 dozen bananas for ₹ 400, out of these, 4 bananas were rotten, and could not be sold. At what rate per dozen should he sell the remaining bananas in order to get profit of 18%.
Ans - 24

Q15. While selling a bat, shopkeeper gives a discount of 15%. If he gives a discount of 20%, he earns ₹ 25 less as profit. What is the marked price of the bat?
Ans - 500
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