CAT Profit and Loss

Reading Test 1

Question No : 1

Q.1 By selling a watch for Rs 560, a shopkeeper incurs a loss of 20%. Find the cost price of the watch for the shopkeeper.

Question No : 2

Q.2 By selling a cap for Rs 29.75, a man gains 6.25%. What will be the CP of the cap?

Question No : 3

Q.3 A cellular phone when sold for Rs 3808 fetches a profit of 12%. Find the cost price of the cellular phone.

Question No : 4

Q.4 A machine costs Rs 1025. If it is sold at a loss of 25%, what will be its cost price as a percentage of its selling price?

Question No : 5

Q.5 A shopkeeper sold goods for Rs 1800 and made a profit of 20% in the process. Find his profit per cent if he had sold his goods for Rs 1687.5.

Question No : 6

Q.6 A tablet sold for Rs 6612.5 at a profit of 15%. What would have been the actual profit or loss on it, if it had been sold for Rs 5380?

Question No : 7

Q.7 A marble table when sold for Rs 6400 gives a loss of 11.11% to the merchant who sells it. Calculate his Loss or gain per cent, if he sells it for Rs 7812.

Question No : 8

Q.8 By selling bouquets for Rs 69, a florist gains 15%. At what price should he sell the bouquets to gain 20% on the cost price?

Question No : 9

Q.9 A shopkeeper bought 480 chocolates at Rs 6 per dozen. If he sold all of them at Rs 0.75 each, what was his profit per cent?

Question No : 10

Q.10 A feeding bottle is sold for Rs 150. Sales tax accounts for one-fifth of this and profit one-third of the remainder. Find the cost price of the feeding bottle.

Question No : 11

Q.11 An iron merchant makes a profit of 30% by selling iron at Rs 26 per quintal. If he sells the iron at Rs 22.50 per quintal, what is his profit per cent on the whole investment?

Question No : 12

Q.12 The cost price of a shirt and a pair of trousers is Rs 473. If the shirt costs 15% more than the trousers, find the cost price of the trouser.

Question No : 13

Q.13 A pet shop owner sells two puppies at the same price. On one, he makes a profit of 25%, and on the other he suffers a loss of 25%. Find his loss or gain per cent on the whole transaction.

Question No : 14

Q.14 The marked price of a table is Rs 1200, which is 20% above the cost price. It is sold at a discount of 10% on the marked price. Find the profit per cent

Question No : 15

Q.15 125 toffees cost Rs 75. Find the cost of one million toffees if there is a discount of 40% on the selling price for this quantity.

Question No : 16

Q.16 A shopkeeper marks the price of an article at Rs 250. Find the cost price if after allowing a discount of 20%, he still gains 25% on the cost price.