Profit Loss

V40. In the official exchange, ratio of French Francs to US Dollars is 350:1 and the free exchange ratio is 400:1 how much profit would a man make if he could convert $ 70 to francs at the free rate and then convert these back to dollars at the official rate?

(A) $ 1 (B) $ 10 (C) $ 61.25 (D) $ 70 (E) $ 80

3. A bicycle originally cost $ 100 and was discounted 10%. After three months it was sold after being discounted another 15%. How much was the bicycle sold for?

(A) $76.50 (B) $75.00 (C) $73.50 (D) $71.00 (E) $69.50

V36. If you buy equal amount of two types of chocolates at the rate of tk. 1/4 and tk. 1/6 respectively and sell all of them at the rate of tk. 1/5, what will be your profit/loss?

(A) 1% loss (B) 2% profit (C) 2% loss (D) 4% profit (E) 4% loss

V33. A trader normally makes a profit of 40% on items he sells. If he reduces the price by 10%, his sales increase by 40%. Let x be the total profit when he does not reduce the price, and y the total profit when he reduces the price. What is the ratio of y to x?

(A) 1.28 (B) 7.8 (C) 1.11 (D). 91 (E) None of these

V43. A trader makes a loss of 10% by selling a chair at a discount of 28% on the listed price. What will be his profit/loss if he sells the chair at 90% of its listed price?

(A) 10% (B) 12.5% (C)13.6% (D) 15% (E) none of these

□44. For an item the profit is 40% when the discount is 30%.What is the profit when the discount is 40%?

(A) 10% (B) 20% (C)25% (D) 30% (E) none of these

7. A manufacturer of TV wants to make a profit of Tk. 3,00,000 on sale of 200 TV sets. It costs Tk. 10,000 each to make the first 100 TV sets and Tk. 7,500 each to make TV sets after the first 100 sets. What should be the selling price of each TV sets in taka?

(A) 10,250 (B) 10,350 (C) 10,500 (D) 10,750 (E) None of these

@27. An item was sold at 6% profit. If the cost was 4% less and the selling price was Tk. 4 more, then the trader would have made a profit of 12.5%. What was the cost of the item?

(A) 100 (B) 120 (C) 150 (D) 200 (E) None of these

©14. X sells an item to Y at a profit of 28% on his cost and Y sells the same item to Z at a loss of 25% on his cost. If Y has thus sold the item to Z at Tk. 2 less than the cost of the item to X, what is the cost of the item to X in Taka?

(A) 100 (B) 50 (C) 200 (D) 150 (E) 250

V42. A merchant buys two articles for Taka 1400 'He sells one of them at a profit of 20% and the other at a loss of 8%. He makes no profit or loss in the end. What is the selling price of the article that he sold at a loss?

(A) 1000 (B) 1200 (C)800 (D)900 (E) none of these

8. If the price of a product is increased by 15% then the seller would get Tk 450 more. If instead, the price were increased by 10% then how much more would he get?

(A) 150 (B) 200 (C) 300 (D) 325 (E) None of these

©13. You buy equal number of two types of chocolates at the rate of Tk. 1/9 and Tk 1/11 respectively. If you now sell them at the rate of Tk. V10 what will be your profit/loss?

(A) 2% loss (B) 2% profit (C) 0 (D)l%loss (E) 1% Profit

V34. The cost of 1 dozen apples and 1 dozen mangoes is Tk. 100 and Tk. 120 respectively. If you spend equal amounts of money to buy apples and mangoes and sell them both at Tk. 110 per dozen, what will be your approximate profit or loss?

(A) 2% profit (B) 2% loss (C) 0 . (D) 1% profit (E)l%loss

©24. Hasan purchased 3 products: 100 units of product A @ Tk. x per unit; 300 units of product B @ Tk. 2x per unit and 600 units of product C @ Tk. 3x per unit. If he wants to make a profit of 20%, he should sell these products at an average price of

(A) 2.4x (B)2x (C)3x (D) 2.2x (E) None of these

V31. The retail price of a pen is 40 taka. Asif got a discount of 20% over the retail price and he eventually saved taka 240 on his total purchase of the pens. How many pens did he buy?

(A) 20 (B) 24 (C) 12 (D) 30 (E) None of these

©28. A trader buys eggs for Tk. M per dozen and sells them for Tk. M/6 per piece. What is his profit?

(A) 20% (B) 50% (C)60% (D)100% (E) None of these

©17. During transportation, 5% merchandise was stolen and another 5% was damaged. A t what profit (in percentage) should the goods be sold so as to make an overall profit of 20%?

(A) 22.25 (B) 27.5 (C) 30 (D) 33.3 (E) None of these

10. 5% merchandise of a trader was stolen and another 5% was damaged during transportation. At what profit (in %) should he sell the rest of the goods so that he can make an overall profit of 20%?

(A) 22.25% (B) 27.5% (C) 30% (D) 33.3% (E) None of these

©22. A shopkeeper marks an article at such a price that after allowing a discount of 30% on the tag price (including tax) he makes a profit of 40%, If the tag price of the article including tax is Tk. 460, then the cost price of that article is -

(A) 232 (B) 260 (C) 230 (D) 330 (E) 322

V38. The price for a TV is 120% of its cost. The TV was sold at a 10% discount on the price. If the profit is Tk. 2,400, what is the cost of the TV in taka?

(A) 24,000 (B) 27,500 (C) 30,000 (D) 32,000 (E) None of these

V35. A shirt was sold at 6% profit. If the purchase price were 4% less and the selling price were tk.4 more, the profit would be 12.5%. What was the purchase price of the shirt?

(A) 240 (B) 220 (C) 200 (D) 180 (E) None of these

5. A man made a loss of 20% on his cost by selling a pen at taka 200. What should be his selling price in taka if he wants to make a profit of 10% on cost?

(A) 250 (B) 275 (C) 300 (D) 225 (E) None of these

©16. Mr. Karim bought 20 mangoes for Tk 55. He found that 10% of the mangoes were damaged and sold the rest at the rate of Taka 54 per dozen. How much profit in Taka did he make?

(A) 28 (B) 26 (C) 24 (D) 20 (E) None of these

V37. Two years ago, the cost of pen A was Tk. 70 more than that of pen B. But due to high demand, the cost of pen A has increased by 100% and that of pen B has increased by Tk. 20. If today you need a total of Tk. 250 to buy one pen of each type, what was the price in Taka of pen B two years ago?

(A) 30 (B) 40 (C) 50 (D) 70 (E) None of these

©21. When the per unit production cost of an item is Tk. 80 and other costs per unit is Tk. 20, the producer makes a profit of 15% on his total cost. If the production cost decreases by 20% and the selling price remains the same, calculate the profit in Tk.

(A) 31 (B) 34 (C) 35 (D)43 (E) None of these

©18. A trader purchases some pen at the rate of Tk. 10 per dozen. If he sells all the pen at a rate of Tk. 120 per hundred pen. What will be his profit in percent?

(A) 33.33 (B) 44 (C)45 (D) 48 (E) None of these

□11. During summer, a store offers 10% discount on some items. But due to a defect, an additional 5% was discounted from the discount price for a particular item. If the list price of the item was Tk. 400, what was the discounted price?

(A) 338 (B) 340 (C) 342 (D) 345.50 (E) None of these

©29. A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Tk. 55 more, he would have made a profit of 40%. What was the cost of the article taka?

(A) 350 (B) 300 (C) 250 (D) 150 (E) None of these

©23. The potato traders have increased the original price of potatoes by 20% by creating a false shortage of supply. Govt, intervened into the scene and forced the traders to reduce their price by 20% of new price and stick to that. Currently the traders are selling potatoes with a loss/gain of what percentage over the original price?

(A) 4% loss (B) 4% gain (C) 5.5% gain (D) 6% loss (E) Neither gain nor loss

©20. A merchant was selling an item at a certain price, then marked it down 20% for a spring sale. During the summer, he marked the item down another 20% from its spring price. If the item is sold at the summer price, then what percent of the original price did it sell for?

(A) 40% (B) 60% (C)64% (D) 67% (E) None of these

©26. A trader, while selling a pen, was asking for such a price that will enable him to offer a 10% discount and still make a profit of 20% on cost. If the cost of the pen was Tk. 30, what was his asking price?

(A) 42 (B) 40 (C) 36 (D) 32 (E) None of these

6. Asif purchased a radio from a store and sold it to Rahman and made a profit of 20%. After few months Rahman sold the same radio to Fahad and incurred a loss of 15%. If Fahad bought the Radio for Tk. 510 what was the original price of the radio?

(A) 425 (B) 450 (C)475 (D) 500 (E) None of these

©25. A pen was sold at 10% loss. If the selling price was Tk. 6 more, then the seller could have made a profit of 5%. What was the purchase price of the pen?

(A) 45 (B) 40 (C) 30 (D) 25 (E) None of these

9. An article sells at Tk. 60. This price gives a retailer a profit of 20% on its cost. What will be the new retail price, in tk., if he cuts his profit to 12% of the cost?

(A) 50 (B) 45 (C) 56 (D) 50.50 (E) 55

©19. The manager of Agora purchased some tomatoes for Tk. 45 per kg. Due to improper handling, 10% of the tomatoes, by weight, were ruined and discarded. At what price per kg should the manager sell the remaining tomatoes if he wishes to make a profit of 12 percent on the cost of the tomatoes?

(A) 52 (B) 54 (C) 56 (D) 58 (E) None of these

V41. A man buys eggs at the rate of Tk 35 per 100 pieces and sells them at Tk 7.20 per dozen. If the profit is Tk 30, how many eggs did he buy?

(A) 60 (B) 120 (C) 180 (D) 210 (E) none of these

2. A trader incurs a loss of 10% on cost ofl an item on selling it. If he could sell it at Tk. 1,500 more, he could make a profit of 20% on cost. What was the cost of the item in thousand Taka?

(A) 7.5 (B) 6 (C) 5 (D) 4.5 (E) 8

4. A trader incurs a loss of 10% from selling an item. If the selling price was Tk. 200 more, he would have made a profit of 15%. What was the cost of the item?

(A) 800 (B) 720 (C) 1200 (D) 900 (E) None of these

1. A certain radio costs a shopkeeper Tk. 64, At what price must he sell it if he is to make a profit of 20% on the selling price?

(A) Tk. 12.80 (B) Tk. 76.80 (C) Tk. 78,00 (D) Tk. 80.00 (E) Tk. 84.00

□ 12. A T-shirt marked Tk. 48 is offered at a discount of 25% during Eid sale. At this reduced price the shopkeeper makes a profit of 20% on the cost. The cost to the shopkeeper is

(A) Tk. 29 (B)Tk. 30 (C) Tk. 32 (D) Tk. 36 (E)Tk.40

©15. In making a Radio set, the cost of labour and materials are in the ratio of 3:2. A manufacturer sells a set for Tk. 150 to make a gain of 25% on the cost. What is the cost of the materials for the set?

(A) Tk. 72 (B) Tk. 60 (C) Tk. 54 (D)Tk.48 (E)Tk.40

V39. A shop sold a pair of shoes for Tk. 1600.00 and a pair of sandals for Tk. 960.00. It made a profit of 20% on shoes and took a 10% loss on sandals. The shop made a

(A) loss of 17.8% (B) loss of 15.0% (C) gain of 17.8% (D) gain of 75.3% (E) None of these

©30. A wholesaler bought 2100 MBA admission guide books for taka 20 each. The wholesaler sold 50 percent of the books for taka 35 each and the rest for taka 18 each. What was the wholesaler's average profit per book?

(A) taka 6.5 (B)takal3 (C) taka 7 (D) taka 5 (E) taka 3.33

V46. A customer came to a shop and asked the shop manager to give a 20% discount on listed price of a pen. Moreover, for every 10 pens purchased he wanted two pens free of cost. The manager agreed to the customer's demand because he could still make a profit of 20% on cost price. If the cost price of a pen is x, what was the list price of the pen?

(A)1.75x (B)1.8x (C)1.9x (D) 2x (E) none of these

045. Bashir bought an ordinary mobile and a cover for Tk, 2000. Malek bought a smart phone and the same cover for Tk. 2000 more than what Bashir had paid. The price of the cover was one tenth of the combined cost of the two mobiles. What was the cost of the ordinary mobile?

(A)Tk. 1000 (B) Tk. 1200 (C) Tk. 1500 (D) Tk. 1600 (E) none of these

V32. A seller of pen was asking for such price that would enable him to offer 10% discount and still make a profit of 20% on cost. If the cost of a pen was Tk. 30, what was his asking price?

(A)Tk. 32 (B)Tk. 36 (C)Tk.40 (D)Tk. 42 (E) None of these