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Questions and Answers
Aman earned a profit of $33 \frac{1}{3}%$ by selling an article for Rs. 1414. How much should he increase the selling price to make a profit of $50%$?
Aman earned a profit of $33 \frac{1}{3}%$ by selling an article for Rs. 1414. How much should he increase the selling price to make a profit of $50%$?
If Rahul wanted to make a profit of $35%, how much should he sell the bike for?
If Rahul wanted to make a profit of $35%, how much should he sell the bike for?
If an article is sold for Rs. 425.25 at a loss of $5.5%$, what would be the profit percentage if the same article is sold for Rs. 465.75?
If an article is sold for Rs. 425.25 at a loss of $5.5%$, what would be the profit percentage if the same article is sold for Rs. 465.75?
If a watch is sold for Rs. 400 less than the actual selling price but results in a loss of $15%$, what would be the selling price to gain $10%$ profit?
If a watch is sold for Rs. 400 less than the actual selling price but results in a loss of $15%$, what would be the selling price to gain $10%$ profit?
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Shiva gains $20%$ by selling a chair for Rs. 840 and $12%$ by selling a table for Rs. 980. What is the least price she must sell the table for to avoid any loss overall?
Shiva gains $20%$ by selling a chair for Rs. 840 and $12%$ by selling a table for Rs. 980. What is the least price she must sell the table for to avoid any loss overall?
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If a man sells an article at $90%$ of its original selling price and earns a profit of $16%, what was his loss percentage when he sold it at $75%$ of its original selling price?
If a man sells an article at $90%$ of its original selling price and earns a profit of $16%, what was his loss percentage when he sold it at $75%$ of its original selling price?
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If one-third of goods are sold at a $15%$ profit, one-fourth are sold at a $20%$ profit, and the rest at a $12%$ loss, resulting in a total profit of Rs. 135, what is the value of the goods?
If one-third of goods are sold at a $15%$ profit, one-fourth are sold at a $20%$ profit, and the rest at a $12%$ loss, resulting in a total profit of Rs. 135, what is the value of the goods?
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Study Notes
Profit and Loss
- Rahul sold a bike for Rs. 16384 and made a profit of 2 14/7 %.
- To make a profit of 30%, he has to sell the bike for Rs. 20640.
Profit Calculation
- Aman earned a profit of 2 16/3 % by selling an article for Rs. 1414.
- To get a 1 33/3 % profit, he needs to increase the selling price by Rs. 202.
Selling Price and Profit
- A watch sold at a 5% gain, but if it was sold for Rs. 400 less, there would be a 15% loss.
- To gain a 10% profit, the selling price of the watch would be Rs. 2100.
Loss and Profit Percentage
- By selling an article for Rs. 425.25, there is a loss of 5.5%.
- If the same article is sold for Rs. 465.75, the profit percentage is 3.5%.
Selling Price and Profit on Two Items
- Shiva would gain 20% by selling a chair for Rs. 840 and would gain 12% by selling a table for Rs. 980.
- To avoid any loss on both, she must sell the table for at least Rs. 750.
Selling Price and Loss Percentage
- By selling an article at 7/12 of its selling price, a man loses 16%.
- If he sells it at 90% of its original selling price, the profit percentage is 26.4%.
Total Profit on Goods
- One third of goods are sold at a 15% profit, 25% of the goods are sold at a 20% profit, and the rest at a 12% loss.
- If a total profit of Rs. 135 is earned on the whole transaction, the value of the goods is Rs. 2700.
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Description
Test your knowledge on profit and loss calculations with these quizzes. Solve problems related to selling price, profit percentage, and determining the selling price for a desired profit percentage.
