Unit: 2
Profit and Loss
1. Milan bought 20 kg of rice at Rs. 105 per kg. If he sold the rice at Rs. 112 per kg,
what will be the gain?
Rs. 140
2. Kishore bought a basket containing 30 oranges for Rs. 310. If he sold the oranges at
Rs. 12 each, what would be its profit or loss?
profit – Rs. 50
3. Santosh bought 10 dozens of copies for Rs. 6000. He sold the copies at the rate of 5 copies for Rs. 270. What is Santosh's loss or gain on the sale of 1 dozen copies?
profit - Rs. 48
4. Chandrika purchased 60 meters of clothes at Rs. 80 per meter. She spent Rs. 300 as the transportation charge. But on selling the clothes, she lost Rs. 480. Find the rate at which the cloth was sold?
Rs. 77
5. Kiran bought two bicycle for Rs. 2025 each. He spent Rs. 350 on repairing them. If he
sold each bicycle at Rs. 2275, how much gain or loss would he make?
profit- Rs. 150
6. Suman bought a dozen ball pens for Rs. 360. He sold them at Rs. 36 per pen. Find
his percentage profit.
20%
7. Lumana purchased 8 kg of oranges at Rs. 120 per kg. She sold them for Rs. 1080.
Find the percentage loss or gain.
12.5%
8. Manju bought 2 dozen bottles of apple juice at Rs. 160 per bottle. She spent Rs. 160
for the transportation charge. If she sold the whole juice at Rs. 164 per bottle, what
percent of loss or gain would she have?
loss - 1.6%
9. A man mixes 20 kg of one kind of tea bought at Rs. 350 per kg with 30 kg of the second
kind of tea bought at Rs. 400 per kg and the mixed tea is sold at Rs. 399 per kg. Find
the percentage loss or gain.
profit - 5%
10. Arun bought a fan for Rs. 2460. He sold it at a profit of 15%. Find the selling price of
the fan.
Rs 2829
11. Bimala bought a sweater for Rs. 1520. She sold it at a loss of 10%. Find the selling
price of the sweater.
Rs. 1368
12. A shopkeeper bought 125 packets of biscuits for Rs. 1625 and paid Rs. 175 as the
transportation charge. At what price per packet should he sell them to make 25%
profit on the whole outlay?
Rs. 76
13. When a chair is sold for Rs. 2310, a carpenter has a profit of 10%, what is the cost
price of the chair?
Rs. 2100
14. A merchant bought 640 blankets. He donated 140 blankets to the earthquake victims.
The rest of the blankets are sold at Rs. 1152 per blanket so as to gain on the
outlay. Find the cost price of a blanket.
Rs. 750
15. 50 litres of petrol are bought at Rs. 100 per litre. 4 litres of petrol are lost by leakage.
If the remaining quantity of petrol is sold at Rs. 105 per litre, what will be the
percentage loss or gain on the whole outlay?
loss- 3.4%
16. By selling a chair for Rs. 2208, a carpenter suffers a loss of 8%. Find the cost price of
the chair. What will be the percentage loss or gain if the same chair is sold for
Rs. 2616?
Rs. 2400, profit- 9%
17. A man sold an article at a profit of Rs. 120. If he has decreased the sale price by 10%,
his loss will be Rs. 30. Find the cost price of the article and the sale price in the two
cases.
Rs 1380, Rs 1500, Rs 1350
18. A wholesaler purchased an electric fan for Rs. 5000 and sold it to retailer at a profit
of 120/0. The retailer further sold the fan at profit to a customer. How much did
the customer pay for the fan?
Rs. 6608
19. Siddhartha bought two televisions, one at Rs. 13000 and other at Rs. 12000.
If on selling them, he made a profit of 20% on the first and 8% profit on the whole, what
was the gain or loss percent on the second TV?
loss- 5%
20. A dealer sold a calculator to Sundar at a profit of 10%. Sundar sold it to Amar at a
loss of 8%. If Amar paid Rs. 2530 for the calculator, how much did the dealer pay for it?
Rs. 2500
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