Profit and Loss Problems

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1. Cost of 3 cricket balls = cost of 2 pairs of leg pads
cost of 3 pairs of leg pads = cost of 2 pars of glovers
cost of 3 pairs of glovers=cost of 2 cricket bat
if a cricket bat costs Rs.54, what is the cost of a cricket ball?

Ans : Rs.16
2. If by selling an article for RS.100, a man gains Rs.15 then his gain percent is-----
Ans 17 (11/17)%

3. What is the loss percent if a man loses Rs.10 on selling and article for Rs.100?

4. A shopkeeper sold an article for Rs.2564.36. Approximately what was his profit percent if the cost price of the article was Rs.2400?

5. When a commodity is sold for Rs.34.80 there is a loss of 25% what is the cost price of the cost price of the commodity?
Ans 7

6. A man sold an article for Rs.247.50, thereby gaining 12 ½% . The cost of the article was. Rs.220

7. A retailer buys a radio for Rs.225. His overhead expenses are Rs.15 he sells the radio for Rs.300. The profit percent of the retailer is ……….
Ans25

8. A shopkeeper bought an article for Rs.319.60. Approximately at what price should he sell the article to make 25% profit
ans Rs.400

9. If the selling price of an article is 4/3 times its cost price, the profit percent is ____-
ans…. 33 1/3

10. There would be 10% loss if a to is sold at RS.10.80 per piece. At what price should it be sold to earn a profit of 20%
ans…Rs.14.40

11. By selling an article for Rs.19.50 a dealer makes a profit of 30% by how much should he increase his selling price so as to make a profit of 40%
ans….Rs.1.50

12. Rahim buys mangoes at the rate of 3kg for Rs.21 and sells them at 5kg for Rs.50. To earn Rs.102 as profit, he must sell.

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