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

Question : 1

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 : 2

A clock was sold for 144. If the percentage of profit was numerically equal to the cost price, the cost of the clock was

a) 90

b) 80

c) 100

d) 72

Question : 3

By selling 1 dozen ball pens, a shopkeeper earned the profit equal to the selling price of 4 ball pens. His profit per cent is

a) 33$1/3$%

b) 40%

c) 31$1/4$%

d) 50%

Question : 4

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 : 5

Profit after selling a commodity for 524 is the same as loss after selling it for 452. The cost price of the commodity is

a) 488

b) 500

c) 485

d) 480

Question : 6

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