Sie sind auf Seite 1von 9

# Problem 1 :

A trader cheats his customer to make a profit by stating that he sells at cost
price but gives his customers only 800 grams. for every 1000 grams. What is his
profit percentage?

Solution :

## Profit % = (Cheated value/False weight)x100%

Profit % = (200/800)x100%

Profit % = 25%

Let us look at the next problem on "Word problems on profit and loss"

Problem 2 :

A sells to B an item at 15% profit. B sells the same item to C at 20% profit. If C
pays \$ 1656 for it. What is the price at which A bought the item?

Solution :

## Hence, the price at which A bought the item is \$1200

Let us look at the next problem on "Word problems on profit and loss"

Problem 3 :

Mr. Lenin sold a chair at a loss of 15%. If he had sold at a profit of 10%, he
would have got \$100 more. What is the cost is the cost price of the chair?

Solution :

## S.P (-15%) = 85% of x

= 0.85x --------(1)

## S.P (+10%) = 110% of x

= 1.1x ---------(2)

0.25x = 100

25x = 10000
x = 400

## Hence, the cost price of the chair is \$400

Let us look at the next problem on "Word problems on profit and loss"

Problem 4 :

If good are purchased for \$ 1500 and one fifth of them sold at a loss of 15%. Then
at what profit percentage should the rest be sold to obtain a profit of 15%?

Solution :

## S.P =115% x 1500 = 1.15x1500 = 1725

When all the good sold, we must have received \$1725 for 15% profit.

When we look at the above picture, in order to reach 15% profit overall, the rest
of the goods (\$1200) has to be sold for \$1470.

That is,

## Profit percentage = 22.5 %

Hence, the rest of the goods to be sold at 22.5% profit in order to obtain 15%
profit overall.

Let us look at the next problem on "Word problems on profit and loss"

Problem 5 :

By selling 20 articles, a trader gained the selling price of 5 articles. Find the
profit percent.

Solution :

## C.P of 20 articles = S.P of 20 articles - Profit of 20 articles

C.P of 20 articles = 4X - X

C.P of 20 articles = 3X
Profit percentage = (X / 3X).100% = (1/3).100%

## Hence, the profit percentage is 33.33

Let us look at the next problem on "Word problems on profit and loss"

Problem 6 :

I purchased 120 books at the rate of \$3 each and sold 1/3 of them at the rate of \$4
each. 1/2 of them at the rate of \$ 5 each and rest at the cost price. Find my
profit percentage.

Solution :

## Hence the profit percentage is 44.44

Let us look at the next problem on "Word problems on profit and loss"

Problem 7 :

A trader marks his goods 20% above the cost price and allows a discount of 10% for
cash. Find the profit percentage

Solution :

90% of (M.P) = X

(0.9).120 = X

## Cost price = \$100, Selling Price = \$108 ---------> Profit % = 8%

Let us look at the next problem on "Word problems on profit and loss"
Problem 8 :

A person wants to get 20% profit after selling his object at 20% discount. Find the
required percentage increase in marked price.

Solution :

(0.8)X = 120

## Hence, the required percentage increase = 50%

Let us look at the next problem on "Word problems on profit and loss"

Problem 9 :

A person buys 8 articles for \$15 and sells them at 10 for \$18. Find the profit or
loss percentage.

Solution :

Cost price :

Selling price :

## From (1) and (2), we get C.P > S.P.

So there is loss.

## Loss percentage = (3/75)x100 % = 4%

Hence, the loss percentage is 4.

Let us look at the next problem on "Word problems on profit and loss"

Problem 10 :

The selling price of 10 articles is the cost price of 15 articles. Find profit or
loss percentage.

Solution :

Given :

## Hence, the profit percentage = 50%

Let us look at the next problem on "Word problems on profit and loss"

Problem 11 :

Sum of the cost price of two products is \$50. Sum of the selling price of the same
two products is \$52. If one is sold at 20% profit and other one is sold at 20%
loss, find the cost price of each product.

Solution :

## Let "x" and "y" be the cost prices of two products.

Then, x + y = 50 --------(1)

## Given : Selling price of "x" + Selling price of "y" = 52

1.2x + 0.8y = 52 -------> 12x + 8y = 520

3x + 2y = 130 --------(2)

## Solving (1) and (2), we get x = 30 and y = 20

Hence the cost prices of two products are \$30 and \$20.

Let us look at the next problem on "Word problems on profit and loss"

Problem 12 :

A computer store used a markup rate of 40%. Find the selling price of a computer
game that cost the retailer \$25.

Solution :

S.P = 140% x 25

## Hence, the selling price is \$35

Let us look at the next problem on "Word problems on profit and loss"

Problem 13 :

A golf store pays its wholesaler \$40 for a certain club, and then sells it to a
golfer for \$75. What is the markup rate?

Solution :

## Selling price (S.P) = \$ 75

Mark up value = 75 - 40 = \$ 35

## Hence, the mark up rate is 87.5 %

Let us look at the next problem on "Word problems on profit and loss"

Problem 14 :

A store uses a 40% markup on cost. Find the cost of a pair of shoes that sells for
\$63.

Solution :

## Selling price (S.P) = (100+M)% x C.P ---------(1)

Here, S.P = \$ 63, M = 40

## Hence, the cost of a pair of shoes is \$ 45

Let us look at the next problem on "Word problems on profit and loss"

Problem 15 :

A product is originally priced at \$55 is marked 25% off. What is the sale price?

Solution :

S.P = 41.25

## Hence, the selling price is \$ 41.25

Let us look at the next problem on "Word problems on profit and loss"

Problem 16 :

A product that regularly sells for \$425 is marked down to \$318.75. What is the
discount rate?

Solution :

## Hence, the marked down rate is 25 %

Let us look at the next problem on "Word problems on profit and loss"

Problem 17 :
A product is marked down 15%; the sale price is \$127.46. What was the original
price?

Solution :

## Hence, the original price is \$ 149.95

Let us look at the next problem on "Word problems on profit and loss"

Problem 18 :

On selling 20 units of an item, the profit is equal to cost price of 5 units. Find
the mark mark up rate.

Solution :

= 25%

## Hence, the mark up rate is 25%

Let us look at the next problem on "Word problems on profit and loss"

Problem 19 :

On selling an item, a trader gets a profit of \$20. If the selling price is five
times the profit, find the mark up rate.

Solution :

Profit = \$20

## Selling price = 5 x profit = 5 x 20 = \$100

Cost price = Selling price - Profit

= 25%

## Hence, the mark up rate is 25%

Let us look at the next problem on "Word problems on profit and loss"

Problem 20 :

Difference between the cost price of two products is \$10. Difference between the
selling price is \$20. If one is sold at 20% profit and other one is sold at 20%
loss, find the cost price of each product.

Solution :

## Let "x" and "y" be the cost prices of two products.

Then, x - y = 10 --------(1)

## 1.2x - 0.8y = 20 -------> 12x - 8y = 200

3x - 2y = 50 --------(2)

## Solving (1) and (2), we get x = 30 and y = 20

Hence, the cost prices of two products are \$30 and \$20.