Profit and Loss Questions & Answers

Q11 A dishonest milkman sells milk at cost price but he mixes water and earns 14(2/7)%. Find the ratio of mixture and milk in the mixture?

Q12 Chamanlal purchased 20 dozen note books @ Rs.48 per dozen. He sold 8 dozen at 10% profit and the remaining12 dozens with 20% profit. What is the profit percentage in this transaction?

Q13 A cow and a horse are bought for Rs 200000. The cow is sold at a profit of 20% and the horse at a loss of 10%. The overall gain​ is Rs 4000. The cost price of cow is

Q14 A trader has 600kgs of rice , a part of which he sells at 15% profit and the remaining quantity at 20% loss. On the whole , he incurs an overall loss of 6% .What is the quantity of rice he sold at 20% loss?

Q15 A watch dealer incurs an expense of Rs. 150 for producing every watch. He also incurs an additional expenditure of Rs. 30,000, which is independent of the number of watches produced. If he is able to sell a watch during the season, he sells it for Rs. 250. If he fails to do so, he has to sell each watch for Rs. 100.If he produces 1500 watches, what is the number of watches that he must sell during the season in order to breakeven, given that he is able to sell all the watches produced?

Q16 By selling 12 oranges for Rs 60 a man losses 25%. The number of oranges he has to sell for Rs 100 so as to gain 25% is?

Q17 A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

Q18 Shopkeeper sells two items at the same price. If he sells one of them at a profit of 10% and the other at a loss of 10%, find the percentage profit/loss.Same SP different profit loss %

Q19 A trader bought two horses for Rs 39,000. He sold one at a loss of 20% and another at a profit of 15%. If the selling price of each horse is same, then what are their cost price respectively?

Q20 A Shopkeeper buys two bicycles for Rs. 750. He sells first bicycle at a profit of 22% And the second bicycle at a loss of 8%. What is the SP of first bicycle if in the Whole transaction there is no profit no loss?