# Profit and Loss Test 5

Feb 24, 2012

## Profit and Loss Test 5

1. A cloth merchant says that due to slump in the market, he sells the cloth at 10% loss but he uses a false metre scale and actually gains 15%. Find the actual length of the scale.

2. A man sold a watch for Rs.60 and lost something. Had he sold it for Rs.75 his gain would have been double the former loss. What is the C.P.?

3. If a commission of 10% is given on the written price the gain is 50%, what shall be the percentage of gain, if the commission is increased to 25%?

4. A man loses 20% by selling a watch for Rs.64. What percent shall the man gain or loss by selling it for Rs.100?

5. PetersonÂ sold two scooters for Rs.9900 each on one scooter he gained 10% and on the other he lost 10%. Find his gain or loss% in the transaction.

6. A merchant bought 200 eggs, out of which 38 were broken. He sold the remaining eggs at the rate of Rs.4.80 per dozen and thus gained 8%. Find the total investment.

7. By selling 33 metres of cloth, Pratima gained the S.P. of 11 metres. What is the gain%?

8. A shopkeeper marks his goods 20% above C.P. but allows 10% discount for cash, what percent profit does he really make?

9. A dishonest dealer professes to sell his goods at the C.P., but still gains 25% on his outlay. What weight does he substitute for a kilogram?

10. A manufacturer sells a bicycle to a wholesale dealer at a profit of 25% and the wholesale dealer sells it to a retailer at a profit of 12%. The retailer sells it to a customer at a profit of 10%. If the customer pays Rs.770 for it, find the manufacturerâ€™s cost price.