1 If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425, what is the greatest possible profit that might be made in selling eight books ? A) Rs. 400 B) Rs. 600 C) Rs.800 D) 1800 E) None of these
2 Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit ? A) 3.5 B) 4.5 C) 5.6 D) 6.5 E) None of these
3 The ratio between the sale price and the cost price of an article is 7 : 5. What is the ratio between the profit and the cost price of that article ? A) 2:5 B) 5:2 C) 7:2 D) Data inadequate E) None of these
4 At what profit percent must an article be sold so that by selling at half that price, there may be a loss of 30% ? A) 25% B) 36% C) 40% D) 42% E) 52%
5 By selling an article, Michael earned a profit equal to one-fourth of the price he bought it. If he sold it for Rs. 375, what was the cost price ? A) Rs. 281.75 B) Rs. 300 C) Rs. 312.50 D) Rs. 350 E) Rs. 375
6 In a certain store, the profit is 320% of the cost. If the cost increases by 25% but, the selling price remains constant, approximately what percentage of the selling price is the profit ? A) 30% B) 70% C) 100% D) 25% E) 75%
7 If the selling price of 50 articles is equal to the cost price of 40 articles, then the loss or gain percent is : A) 20% loss B) 20% gain C) 25% loss D) 25% gain E) 30% gain
8 A man sold 18 cots for Rs. 16,800, gaining thereby the cost price of 3 cots. The Cost price of a cot is : A) Rs. 650 B) Rs. 700 C) Rs. 750 D) Rs. 800 E) Rs. 850
9 On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is : A) Rs. 45 B) Rs. 50 C) Rs. 55 D) Rs. 60 E) Rs. 70
10 A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is : A) no profit, no loss B) 20% profit C) less than 20% profit D) more than 20% profit E) more than 20% profit
11 If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is : A) Rs. 50 B) Rs. 160 C) Rs. 200 D) Rs. 225 E) Rs. 250
12 A man sells two flats at the rate of Rs. 1.995 lakhs each. On one he gains 5% and on the other, he loses 5%. His gain or loss percent in the whole transaction is : A) 0.25% loss B) 0.25% gain C) 2.5% loss D) 25% loss E) 5% loss
13 A man bought goods worth Rs. 6000 and sold half of them at a gain of 10%. At what gain percent must he sell the remainder so as to get a gain of 25% on the whole ? A) 25% B) 30% C) 35% D) 40% E) 50%
14 The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%. A) 37.5% B) 48% C) 50.5% D) 52% E) 60%
15 At what percent above the cost price must a shopkeeper mark his goods so that he gains 20% even after giving a discount of 10% on the marked price ? A) 25% B) 30% C) $33\frac{1}{3}$% D) $37\frac{1}{2}$% E) 40%
