PERCENTAGES, PROFIT & LOSS

1. Which of the following fractions is nearest to 83.33%

a) 8/9 b) 4/9 c) 5/7 d) 5/6 e) 6/7
2. What percentage of five is four?
a) 40% b) 60% c) 20% d) 9% e) 80%
3. If 12% of x = 6% of y, then 20% of x is equal to
a) 72% of y b) 16% of y c) 12% of y d) 10% of y e)
22% y
4. If 60% of x is 48 more than 48% of x, then find the value of x.
a) 100 b) 80 c) 400 d) 200 e) 120
5. If Ajay has scored 30% more than Robin, find the ratio of the scores of
Robin and Ajay.
a) 5:7 b) 10:13 c) 13:10 d) 7:5 e) 3:2
6. Student A scored 50% more than C and B scored 100% more than C. How
much percentage has C got less than A?
a) 33.33% b) 25% c) 20% d) 16 & 2/3%
e) 28¾%
7. Inflation has increased from 3.5% to 4.9%. Find the percentage increase
in inflation rate.
a) 20% b) 14% c) 30% d) 25% e) 40%
8. The length of a rectangle is decreased by 15% whereas the breadth is
increased by 15%. Find the percentage change in the area of the
rectangle.
a) 2.25% decrease b) 2.025% increase c) 2.25%
increase
d) 15% increase e) 3.75% increase
9. The price of an ice-cream decreases by 20%. By what percentage should
the consumption be increased such that the total expenditure on the ice-
cream remains the same?
a) 16 & 2/3% b) 11% c) 20% d) 33 & 1/3% e) 25%
10. The present population of a town is 4,32,000. If the rate of increase of the
population per annum for the last two years was 20%, then find the
increase in the population in the last two years.
a) 3,00,000 b) 1,23,000 c) 1,25,000 d) 1,32,000 e)
1,50,000
11. The radius of a sphere increases by 30%. Find the increase in its surface
area.
a) 60% b) 30% c) 15% d) 69% e) 40%
12. The value of a machine depreciates at 20% per annum. If its present value
is Rs.1,50,000, at what price should it be sold after two years such that a
profit of Rs.24,000 is made?
a) Rs.1,10,000 b) Rs.1,20,000 c) Rs.1,24,000
d) Rs.1,22,000 e) Rs.1,30,000
13. An increase of 20% in the price of an article decreases the volume of sale
by 15%. What is the effect on the revenue of the article?
a) 2% increase b) 7% decrease c) No change
d) 5% decrease e) 5% increase
14. In a class, 70% of the students are boys. If 40% of boys and 60% of girls
pass an examination and the number of boys failed is 84, find the number
of girls who failed in examination.
a) 12 b) 24 c) 36 d) 48 e) 60
15. Ramu spends 60% of his income. If his savings increases by 30% and
expenditure increases by 30%, find the increase in his income.
a) 40% b) 30% c) 38% d) 18% e) 32%
16. A radio is purchased for Rs.55,000 and is sold for Rs.44,000. Find the loss
percentage.
a) 15% b) 25% c) 30% d) 33% e) 20%
17. A loss of 12% is incurred by selling an article for Rs.132. Find the cost
price of the article.
a) Rs.116 b) Rs.120 c) Rs.88 d) Rs.176 e) Rs.150
18. A trader sells two articles at the same price, one at a profit of 20% and the
other at a loss of 20%. Find his profit or loss percentage on the whole
transaction.
a) 20% profit b) 40% profit c) 4% profit d) 4% loss
e) No loss or gain
18. Arun loses 15% if he sells his vehicle for Rs.34,000. At what price should
he sell his vehicle to earn 10% profit?
a) Rs.40,000 b) Rs.44,000 c) Rs.38,000 d) Rs.46,000
e) Rs.42,000
20. A sells an article to B at a profit of 20% and B sells it to C at a profit of
15%. If C paid Rs.2,760, for how much did B purchase the article?
a) Rs.2,000 b) Rs.2,400 c) Rs.2,200 d) Rs.2,500 e)
2,300
21. By selling 45 meters of cloth, a trader gains selling price of 15 meters of
cloth. Find the gain %.
a) 25% b) 20% c) 33.33% d) 50% e) 40%
22. A trader professes to sell his goods at cost price and still earns a profit of
25%. What weight has he used for 1 Kg?
a) 1250 gm b) 750 gm c) 800 gm d) 600 gm e) 900 gm
23. A man purchases 12 articles for Rs.5 and sells 9 articles for Rs.5. Find his
profit percent.
a) 25% b) 20% c) 10% d) 15% e) 33 & 1/3 %
24. Find the single discount equivalent to successive discounts of 15% and
10%.
a) 24.5% b) 22.5% c) 23.5% d) 25% e) 27.5%
25. By selling an article at one-third of its selling price a trader incurs 60% loss.
Find the profit percent, if the trader sells the article at its actual selling
price.
a) 30% b) 60% c) 25% d) 20% e) 35%
26. A trader presently earns 15% profit by selling his product. If he increases
the price of the product by Rs.24 his gain percent increases to 27%. Find
the cost price of the product.
a) Rs.20 b) Rs.200 c) Rs.150 d) Rs.160 e) Rs.180
27. A trader marks his product 60% above the cost price and then gives a
discount of 30%. Find his profit percent.
a) 30% b) 24% c) 48% d) 12% e) 40%
28. Ravi marks his product 40% above the cost price and then gives a discount
of 20%. If the profit made is Rs.24, find the cost price.
a) Rs.20 b) Rs.240 c) Rs.180 d) Rs.250 e) Rs.200
29. Trader A gives a single discount of 30% on an article and trader B gives
two discounts of 25% and 5% on such similar article. Which is better
discount offered to the customers?
a) Discount offered by trader A b) Discount offered by trader B
c) Both are same d) Cannot be determined e) None of
these
30. Amar gets 20% marks in an examination and fails by 20 marks. Ajay gets
40% of marks and gets 10 marks more than the pass mark. Find the total
marks.
a) 120 b) 300 c) 200 d) 125 e) 150