Profit and Loss Exercise 1

By selling an article for ₹96, double profit is obtained than the profit that would have been obtained by selling it for ₹84. What is the cost price of the article?

The owner of an electronics shop charges his customer 22% more than the cost price. If a customer paid ₹10,980 for a DVD player, then what was the cost price of the DVD player?

The owner of a stationery shop charges his customers 28% more than the cost price. If a customer paid ₹4544 for school books, then what was the cost price of the school books?

A shopkeeper purchases 10 kg of rice at ₹600 and sells at a loss as much the selling price of 2 kg of rice. Find the sale rate of rice/ kg.

The owner of a toy shop charges his customers 33% more than the cost price. If the customer paid ₹4,921 for a toy, then what was the cost price of the toy?

Mohan purchased an article and sold it for ₹2817.50 and earned 15 percent profit on the cost price. What was the cost price of the article?

The profit earned after selling an article for ₹1,754 is the same as loss incurred after selling the article for ₹1,492. What is the cost price of the article?

Prathik sold a music system to Karthik at 20% gain and Karthik sold it to Swasthik at 40% gain. If Swasthik paid ₹10,500 for the music system, what amount did Prathik pay for the same?

If the manufacturer gains 10%, the wholesale dealer 15% and the retailer 25%, then find the cost of production of a table, the retail price of which is ₹1265?

A sells a tube to B at a profit of 20% and B sells it to C at profit of 25 %. If C pays ₹225 for it, what did A pay for it?

A sells an article which costs him ₹400 to B at a profit of 20%. B then sells it to C, making a profit of 10% on the price he paid to A. How much does C pay to B?

The difference between the selling price of a clock at a profit of 8% and 10% is ₹6. Find the cost price of the clock.

The price of 2 sarees and 4 shirts is ₹16000. With the same money one can buy 1 saree and 6 shirts. If one wants to buy 12 shirts, how much shall one have to pay?

A milk man makes a profit of 20% on the sale of milk. If he were to add 10% water to the milk, by what %would his profit increase?

A man sold two steel chairs for ₹500 each. On one he gains 20% and on other, he loses 12%. How much does he gain or lose in the whole transaction?

A firm of ready-made garments makes both men’s and women’s shirts. Its average profit is 6% of the sales. Its profit in men’s shirts average 8% of the sales and women’s shirts comprise 60% of the output. The average profit per sale rupee in women shirts is

A dealer sold a mixer for ₹420 at a loss of 12.5%. At what price should he have sold it to gain 12.5%.

A cycle agent buys 30 bicycles, of which 8 are first grade and the rest are second grade for ₹3150. Find at what price he must sell the first grade bicycles so that if he sells the second grade bicycles at third quarter of the price, he may make a profit of 40% on both the type of transactions?

John sold a fan at a loss of 7%. If he had sold it for ₹48 more, he would have gained 5%. Find the cost price of the fan.

A man bought a horse and a carriage for ₹3000. He sold the horse at a gain of 20% and the carriage at a loss 10%, thereby gaining 2% on the whole. Find the cost of the horse.

Two electronic musical instruments were purchased for ₹8000. The first was sold at a profit of 40% and the second at loss of 40%. If the sale price was the same in both the cases, what was the cost price of two electronic musical instruments?