Profit and Loss Test 2

1. A merchant professed to sell 20 articles at a loss which is equals to the cost price of 2 articles but sold 18 articles at the cost price of 20 articles. What is the gain percent?





2. The marked price of an article is Rs.300. If the selling price is 50% more than the amount of discount allowed, find the selling price





3. A trader marks up the price of the product by 40%. If the discount is increased from 15% to 25%, his profit comes down by Rs.42. What is the cost price?





4. An article was sold at a profit of 20%. If both cost price and selling price are Rs.100 less each, then magnitude of the percentage of profit would have been 4 percentage points more than that in the first case. Then the cost price is





5. A trader professes to sell all articles at a loss of 25%, but sells three-fifth of them at again of 25% and the remaining at a loss of 25%. What is his overall percentage of gain or loss





6. The cost of an apple is 331/3% less than the cost of 1 mango. If a man sells four apples at the cost price of 5 mangoes, what is his percentage of profit?





7. The catalogue price of an article is Rs.15000. If the discount is increased from 15% to 20%, then profit falls from 27.5% to 20%. Find the cost price of the article?





8. A man bought 2 articles at the same price and sells them together at 30% gain. Had he bought the first article at 20% less and the second article at 10% more and then sold them together for Rs.48 less, he would have gained 20% on the whole. What is the total cost of 2 articles





9. A man sells an article at a profit of 20%. If he had bought it at 10% less and sold it for Rs.18 more, he would have gained 40%. Find the cost price of the article.





10. A person loses 10% on one investment but gains 20% on another. If the ratio of the investments is 3:4, what is the percentage of gain or loss on the two investments taken together?