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 A shopkeeper sold an article for Rs. 2090.42. Approximately, what will be the percentage profit if he sold that article for Rs. 2602.58 ? A) 15% B) 20% C) 25% D) 30% E) 40%
3 A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle ? A) Rs. 1090 B) Rs. 1160 C) Rs. 1190 D) Rs. 1202 E) Rs. 1221
4 The ratio of the cost price and the selling price is 4 : 5. The profit percent is : A) 10% B) 20% C) 25% D) 30% E) 40%
5 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
6 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%
7 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
8 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%
9 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
10 A man bought some fruits at the rate of 16 for Rs. 24 and sold them at the rate of 8 for Rs. 18. What is the profit percent ? A) 25% B) 40% C) 50% D) 60% E) 70%
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 The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs. 3. The ratio of the two selling prices is : A) 51 : 52 B) 52 : 53 C) 51 : 53 D) 52 : 55 E) 53 : 56
13 A house and a shop were sold for Rs. 1 lakh each. In this transaction, the house sale-resulted into 20% loss whereas the shop sale resulted into 20% profit. The entire transaction resulted in : A) no loss, no gain B) loss of Rs. $\frac{1}{12}$ lakh C) loss of Rs. $\frac{1}{18}$ lakh D) gain of Rs. $\frac{1}{24}$ lakh E) None of these
14 Sanket purchased 20 dozen notebooks at-Rs. 48 per dozen, if he sold 8 dozen at profit 10% and the remaining 12 dozen with 20% profit. What is his profit percentage in the transaction ? A) 7.68 B) 15 C) 16 D) 19.2 E) 19
15 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%
