Profit and Loss Exercise 2

Five kg of butter was bought by a shopkeeper for ₹300. One kg becomes unsalable. He sells the remaining in such a way that on the whole he incurs a loss of 10%. At what price per kg was the butter sold?

A trader wants 10% profit on the selling price of a product whereas his expenses amount to 15% on sales. What should be his rate of mark up on an article costing ₹9?

If a merchant estimates his profit as 20% of the selling price, what is his real profit per cent?

A man sells his car for ₹5000 and loses something. Had he sold it for ₹5600, his gain would have been double the former loss. Find the cost price.

A manufacturer of a certain item can sell all he can produce at the selling price of ₹60 each. It costs him ₹40 in materials and labour to produce each item and he has overhead expenses of ₹3,000 per week in order to operate that plant. The number of units he should produce and sell in order to make a profit of at least ₹1,000 per week is

A milkman buys milk contained in 10 vessels of equal size. If he sells his milk at ₹5 a litre, he loses ₹200; if he sells it at ₹6 a litre, he would gain ₹150 on the whole. Find the number of litres contained in each vessel.

A firm of readymade garments makes both men’s and women’s shirts. Its profit average is 6% of sales. Its profits in men’s shirts average 8% of sales and women’s shirts comprise 60% of output. The average profit per sales rupee in women’s shirts is :

The price of a jewel, passing through three hands, rises on the whole by 65%. If the first and the second sellers earned 20% and 25% profit respectively, find the percentage profit earned by the third seller.

A man sold his book for ₹891, thereby gaining ¹⁄₁₀ of its cost price. Find his cost price.

A man sells an article at 5% profit. If he had bought it at 5% less and sold it for Re 1 less, he would have gained 10%. The cost price of the article is :

A manufacturer sells goods to an agent at a profit of 20%. The agent’s wholesale price to a shopkeeper is at a profit of 10% and the shopkeeper retails his goods at a profit of 12%. Find the retailer’s price of an article which had cost the manufacturer ₹25.

A business man sells lot of shirts at a profit of 12½% and invests the proceeds to buy lot of pants, which he sells at a profit of 20%. If he makes a net profit of ₹2700, the cost of the shirts was

A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to a retailer at a profit of 20%. The retailer in turn sells them to a customer for ₹30.09, thereby earning a profit of 25%. The cost price of the manufacturer is

A shopkeeper sells a pair of sunglasses at a profit of 25%. If he has bought it at 25% less and sold it for ₹10 less, then he would have gained 40%. Determine the cost price of the pair of sunglasses.

If by selling twelve note-books, the seller earns profit equal to the selling price of two note-books, what is his percentage profit?

A man sold 10 eggs for 5 rupees and gained 20%.How many eggs did he buy for 5 rupees?

A person sells 36 oranges per rupee and suffers a loss of 4%. Find how many oranges per rupee to be sold to have a gain of 8%?

Coconuts were purchased at ₹150 per hundred and sold at ₹2 per coconut. If 2000 coconuts were sold, what was the total profit made?

If 15 oranges are bought for a rupee, how many must be sold for a rupee to gain 25%?

The cost price of 20 articles is equal to the selling price of 25 articles. The loss percent in the transaction is

By selling 66 metres of cloth a person gains the cost price of 22 metres. Find the gain per cent.