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Profit Loss
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A trader buys goods at a 19% Amount on the labelprice.
If he wants to make a profit of 20% after allowing a Amount of 10%, by what % should his marked price be greater than the original label price
NONE OF THESE
-3.8%
+33.33%
+8%
By selling a calculator for $ 418, a shopkeeper gains 10%. The cost price of the calculator is ……………
$ 376.20
$ 372.80
$ 360.000
$ 380.00
A tradesman sold an article at a loss of 20%. Had he sold it for $ 100 more, he should have gained 5%. The cost price of the article was ………
$ 450
$ 400
$ 425
$ 360
By selling a chair for $ 504, a shopkeeper gains 12%. For how much should he sell it to gain 18%
$ 522.10
$ 526.00
$ 534.20
$ 531.00
The net profit of a firm was shown as 2000 and it was later discovered that Discount received were under cast by 200 and purchases were understated by $150.
The corrected net profit was
$1 850
$1 800
$2 050
At the start of the financial Annie has creditors of 5600.
He paid by cheque 20 000 to them during theyear.
Annie’s total credit purchases for the year was $40000.
What was her balance at the end of the year
$25 600
$20 000
$40 000
$45 600
At the start of the financial year, Lassan’s Variety Store has debtors of 10000.
He received cash of 30 500 from his customers during theyear.
At the end of the year the amount still owing to him was $7000.
What were Lassan’s Variety Store total credit sales
$30 500
$7 000
$27 500
$37 500
A company is allowed by law to sell 200000 shares at $2.00each.
Three-quarters
(3/4) of these shares were bought by thepublic.
What is the issued share capital
$500 000
$100 000
$300 000
$400 000
The amount of the accumulated fund was
$82 000
$19 000
$67 000
$63 000
Kristen does not keep proper accountingrecords.
She began business with 100 000 in the business bankaccount.
She uses her BMW vehicle and building worth 300 000 and 500 000 respectively as part of herbusiness.
Customers owe her 8000.
She withdrew 40 000 for personal use and owed creditors 17000.
What is the closing capital of the business
$831 000
$791 000
$808 000
$731 000
A man sells two flats at the rate of Rs. 1.995 lakhseach.
On one he gains 5% and on the other, he loses 5%. His gain or loss % in the whole transaction is
25% loss
0.25% loss
0.25% gain
2.5% loss
A man sells two houses at the rate of Rs. 1,995 lakheach.
On one he gains 5% and on the other, he loses 5%. His gain or loss percent in the whole transaction is
0.25% gain
0.25% loss
2.5% loss
2.5% gain
A person earns 15% on investment but loses 10% on anotherinvestment.
If the ratio of the two investments be 3:5, what is the gain or loss on the two investments taken together
0.65 %
0.63 %
0.64 %
0.66 %
A dairyman pays Rs. 6.40 per litre ofmilk.
He adds water and sells the mixture at Rs. 8 per litre, thereby making 37.5%profit.
The proportion of water to milk received by the customers is
2 : 7
1 : 12
1 : 10
3 : 20
I gain 70 paise on Rs.70. My gain percent is
10%
7%
1%
0.1%
A shopkeeper sold two watches for $ 1485each.
On one he gains 10% and on the other he loses 10%. Find his gain or loss per cent in the whole transaction
1% loss
5% gain
1% gain
neither gain nor loss
A trader mixes three varieties of groundnuts costing Rs. 50, Rs. 20 and Rs. 30 per kg in the ratio 2 : 4 : 3 in terms of weight, and sells the mixture at Rs. 33 per kg. What percentage of profit does he make
10
8
9
11
A retailer buys 40 pens at the marked price of 35 pens from awholesaler.
If he sells these pens giving a discount of 1%, what is the profit percent
16
12
15
10
A vendor loses the selling price of 4 oranges on selling 36 oranges, His loss percent is
9
10
11
12
A retailer buys 40 pens at the marked price of 36 pens from awholesaler.
If he sells these pens giving a discount of 1%, what is the profit percentage
8
12
15
10
1
2
6
11
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