Problems on Profit Loss

Q51. A shopkeeper sold a TV set for Rs. 17940 with a discount of 8% and earned a profit of 19.6%. Wht would have been the percentage of profit earned if no discount was offered.
(a) 23.07%
(b) 23.89%
(c) 24.56%
(d) 24.98%

Q52. The marked price of a shirt and trousers are in the ratio 1:2. The shopkeeper gives 40% discount on the shirt. If the total discount on both is 30%, the discount offered on the trouser is
(a) 21%
(b) 23%
(c) 25%
(d) 29%

Q53. A wholeseller sells 20 pens at the marked price of 16 pens to a retailer. The retailer in turn sells them at the marked price. The gain percent to the retailer is
(a) 18%
(b) 22%
(c) 24%
(d) 25%

Q54. A shopkeeper claims to sell his articles at a discount of 10%, but marks his articles by increasing the cost of each by 20%. His gain percent is
(a) 8%
(b) 12%
(c) 14%
(d) 17%

Q55. If the manufacturer gains 10%, the wholesale dealer 15% and the retailer 25%, then the cost of production of an article whose retail price is Rs. 1265 is
(a) Rs. 800
(b) Rs. 850
(c) Rs. 925
(d) Rs. 975

Q56. A fruit seller buys lemons at 2 for a rupee and sells them at 5 for 3 rupees. His gain percent is
(a) 17%
(b) 20%
(c) 22%
(d) 26%

Q57. A shopkeeper sells a badminton racket whose marked price is Rs. 30 at a discount of 25% and gives a shuttlecock costing Rs. 1.50 free with each racket. Even then he makes a profit of 20%. His cost price per racket is
(a) Rs. 17
(b) Rs. 20
(c) Rs. 22
(d) Rs. 24

Q58. An article passing through two hands, is sold at a profit of 38% at the original cost price. If the first dealer makes a profit of 20%, then the profit percent made by the second is
(a) 8%
(b) 12%
(c) 15%
(d) 18%

Q59. A merchant purchases a wrist watch for Rs. 450 and fixed the list price in such a way that after allowing a discount of 10% he earns a profit of 20%. The list price of the watch is
(a) Rs. 475
(b) Rs. 490
(c) Rs. 550
(d) Rs. 600

Q60. Two thirds of a consignment was sold at a profit of 6% and the rest at a loss of 3%. If there was an overall profit of Rs. 540, the value of consignment was
(a) Rs. 14750
(b) Rs. 15000
(c) Rs. 16500
(d) Rs. 18000

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