Profit and Loss
Practice Questions
Two friends A and B started a business by investing ₹1,50,000 and ₹2,50,000, respectively. They agreed to distribute the...
#2A merchant fixes the sale price of his goods at 42\% above the cost price. He sells his goods at a 15\% discount on the ...
#3A man sells a mobile phone for ₹680 and incurs a loss. If he had sold it for ₹1070, his gain would have been double the ...
#4A man sells a mobile phone for ₹680 and incurs a loss. If he had sold it for ₹1070, his profit would have been twice the...
#5A man purchases 10 identical articles for a total cost of ₹15. If he sells each article at ₹1.7, what is his profit perc...
#6A man buys a machine for Rs. 5,000. After one year, he sells it for Rs. 6,000. After two years, he again buys the same m...
#7Products pass successively through the hands of three traders and each of them sells his goods at a profit of 30\% of hi...
#8Suresh, Dinesh, and Ramesh became partners in a business by investing money in the ratio of $3 : 6 : 8$. If their invest...
#9A dishonest dealer marks up his goods by 50\% and then gives a discount of 20\% on the marked price. Apart from this, he...
#10A, B and C invested capital in the ratio of $3 : 4 : 8$. At the end of the business term, they received the profit in th...
#11A starts a business with ₹75,000 and B joins the business 5 months later with an investment of ₹80,000. After 1 year, th...
#12B purchased 15 kg apples at the rate of ₹180 per kg from a wholesaler who uses a weight of 950 grams for the kg weight. ...
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