model 3 gain/loss % with C.P/S.P Section-Wise Topic Notes With Detailed Explanation And Example Questions

Question : 1

A merchant sold an article for 75 at a profit percent equal to its cost price. The cost price of the article was :

a) 54

b) 50

c) 60

d) 45

Question : 2

On selling 17 balls at 720, there is a loss equal to the cost price of 5 balls. The cost price (in ) of a ball is

a) 55

b) 50

c) 60

d) 45

Question : 3

An article is sold at a certain price. If it is sold at half of the previous selling price, then there is a loss of 25$1/2$ % . The profit after selling the article at the previous selling price is:

a) 12$3/4$%

b) 49%

c) 24$1/2$%

d) 51%

Question : 4

Last year Mr. A bought two paintings. This year he sold them for Rs. 20,000 each. On one, he made a 25% profit and on the other he had a 25% loss. Then his net profit or loss is

a) He earned more than Rs. 2000

b) He lost less than Rs. 2000

c) He earned less than Rs. 2000

d) He lost more than Rs. 2000

Question : 5

A man sold 250 chairs and had a gain equal to selling price of 50 chairs. His profit per cent is :

a) 50%

b) 25%

c) 15%

d) 20%

Question : 6

If by selling an article for Rs. 390 a shopkeeper gains 20%, then the cost price is

a) Rs. 350

b) Rs. 325

c) Rs. 300

d) Rs. 370