UNIT TEST - 41 (Rapid Practice)

Total Marks: 50 Duration: 60Mints Negative Marks: 0.25

PROFIT & LOSS, DISCOUNT 23. A ball pen factory decided to reduce its production by 10% over that
of previous month for next 3 months starting from February 1999. In
1. An apple costs Rs.1.75 and an orange costs Rs.1.50. What will be the January 1999, it produced 3000 ball pens. How many ball pens were
total cost of 3 dozens of apples and 2 dozens of oranges? produced in March1999?
A.) Rs.99 B.) Rs.63 C.) Rs.36 D.) Rs.100 A.) 2700 B.) 2430 C.) 2187 D.) 2400
2. Two motor cars were sold for Rs.9900 each gaining 10% on one and 24. A customer purchased an office bag with a price tag of Rs.600 in a
losing 10% on the other. The gain or loss percent in the whole sale where 25% discount was being offered on the tag price. The
transaction is customer was given a further discount of 10% on the amount arrived at
A.) Neither loss nor gain B.) 1% profit C.) 100/99% profit after giving usual 25% discount. What was the final amount paid by the
D.) 1% loss customer? A.) Rs.390 B.) Rs.405 C.) Rs.540 D.) Rs.565
3. By selling an article for Rs.240, a person loses 20%. To gain 20%, he 25. A fruit seller buys lemons at 2 for a rupee and sells them at 5 for
should sell it for A.) Rs.360 B.) Rs.288 C.) Rs.280 D.) Rs.300 three rupees. His gain per cent is
4. A bought 5 pencils for Rs.4 and sells 4 pencils for Rs.4. The gain per A.) 5% B.) 9% C.) 16% D.) 25%
cent in the transaction is A.) 25% B.) 20% C.) 56 ¼% D.) 50% 26. Raj got a new chair for 35% discount. Had Raj got no discount, Raj
5. If the ratio of the cost price and the selling price is 5 : 6, the gain per would have had to pay Rs. 224 more. How much did Raj pay for the
cent is A.) 20% B.) 33 1/3% C.) 25% D.) 30% chair? a. Rs. 416 b. Rs. 640 c. Rs. 208 d. Rs. 224
6. If the cost price of 12 oranges is equal to selling price of 10 oranges, 27. Gurpreet went to a shop and bought a sofa. She got a 20% discount
then the percentage of profit is A.) 16⅔ % B.) 20% C.) 18% D.) 25% on it. Had she gotten 25% discount she would have saved Rs. 1000
7. A trader’s marked price is 30% above the cost price. He allows his more. How much did she pay for the sofa?
customers 10% discount on the marked price. What profit does he a. Rs. 5000 b. Rs. 10,000 c. Rs. 20,000 d. Rs. 25000
make? A.) 17% B.) 18% C.) 16% D.) 19% 28. Which of the following will yield maximum discount on Rs. 6896?
8. If the selling price of 16 items is same as the cost price of 20 items, 1) 2 successive discounts of 5% and 5%
then there is a 2) Single discount of 10%
A.) loss of 20% B.) loss of 25% C.) gain of 20% D.) Gain of 25% 3) 2 successive discounts of 8% and 2%
9. If the cost of one watch, one plain sheet and one book together is a. 3 b. 2 c. 1 d. All will yield same discount
Rs.480 and the cost of five plain sheets and four books is Rs.550, what 29. Sonali could not decide between discount of 30% or two successive
will be the cost of three books and a pen? discounts of 25% and 5%, both given on shopping of Rs. 2000. What is
A.) Rs.480 B.) Rs.520 C.) Rs.665 D.) Data inadequate the difference between both the discounts?
10. 100 oranges are bought for Rs.350 and sold at the rate of Rs.48 per a. Rs. 15 b. Rs. 25 c. Rs. 100 d. There is no difference
dozen. The percentage of profit or loss is 30. Blackberry announced a discount of 25% on their trousers. Vivek
A.) 15% loss B.) 15% gain C.) 14 2/7% loss D.) 14 2/7% profit went to shop. He wanted to save Rs. 400 in discount. How many
11. An item costing Rs.840 was sold by a shopkeeper at a gain of 10% trousers should he buy to do so, if each trouser costs Rs. 320?
and it was again sold by the new buyer at a loss of 5%. Final selling price a. 5 b. 4 c. 10 d. 50
of the item is 31. Chandrika raised the price of their products by 40%. How much
A.) Rs.877.80 B.) Rs.798 C.) Rs.924 D.) Rs.37.80 discount should they give so as to sell the products on no profit no loss
12. A man bought a second-hand typewriter for Rs.1200 and spent basis? a. 40% b. 28.5% c. 22.5% d. 32.75%
Rs.200 on its repairs. He sold it for Rs.1680. His profit per cent is 32. There is a 10% discount on a dozen pairs of trousers marked at Rs.
A.) 20% B.) 10% C.) 8% D.) 16% 8000. How many pair of trousers can be bought with Rs. 2400?
13. An article is sold at a profit of 20%. If it had been sold at a profit of a. 7 b. 2 c. 4 d. 8
25%, it would have fetched Rs.35 more. The cost price of the article is 33. If a shopkeeper gives 20% discount and then 10% discount on a pen,
A.) Rs.650 B.) Rs.700 C.) Rs.750 D.) Rs.800 which has the marked price of Rs. 500, how much would be the selling
14. Some articles were bought at 6 for Rs.5 and sold at 5 for Rs.6. Gain price of the pen? a. Rs. 350 b. Rs. 150 c. Rs. 320 d. Rs. 360
is A.) 5% B.) 6% C.) 30% D.) 44% 34. There was 25% off on handbags. Madhu bought a handbag. She also
15. A trader marked the price of his commodity so as to include a profit got a 10% discount for paying cash. She paid Rs. 405. What as the price
of 25%. He allowed discount of 16% on the marked price. His actual tag on the handbag? a. Rs. 575 b. Rs. 625 c. Rs. 450 d. Rs. 600
profit was A.) 5% B.) 9% C.) 16% D.) 25% 35. Simran gets a discount of 25% on Rs. 3600 oven. Since she pays
16. By giving a discount of 10% on the marked price of Rs.1100 of a cash, she gets additional 2% discount too. How much does she pay?
cycle, a dealer gains 10%. The cost price of the cycle is a. Rs. 2864 b. Rs. 2468 c. Rs. 2548 d. Rs. 2646
A.) Rs.1100 B.) Rs.900 C.) Rs.1089 D.) Rs.891 36. George gets a discount of 30% and then 20% on his food bill of Rs.
17. A trader marks his goods at 20% above the cost price. If he allows a 1250. What is the total discount he got?
discount of 5% on the marked price, what profit percent does he make? a. 44% b. 55% c. 52% d. 25%
A.) 14% B.) 16% C.) 18% D.) 20% 37. When payment is made online, discount offered is 10%. Additional
18. A discount of 14% on the marked price of an article is allowed and discount of 5% is given to SBI credit card holders. Pratik buys a phone
then the article is sold for Rs.387. The marked price of the article is of Rs. 15000 by paying online and pays through his SBI credit card. How
A.) Rs.450 B.) Rs.427 C.) Rs.500 D.) Rs.440 much does he need to pay?
19. A man sells two tables at the same price. On one he makes a profit a. Rs. 15000 b. Rs. 12825 c. Rs. 13500 d. Rs. 12750
of 10% and on the other he suffers a loss of 10%. His loss percent on 38. How much does the sarees sales revenue of Uday increase, if Uday
the whole transaction is A.) 0 B.) 1 C.) 2 D.) 3 announces 25% discount on sarees and the saree sales volume increase
20. If the cost price of 50 oranges is equal to the selling price of 40 by 40%?
oranges, then the profit percent is A.) 5 B.) 10 C.) 20 D.) 25 a. 15% increase b. 5% increase c. -5% increase
21. 7000 bricks were purchased for Rs.5740. The cost of transportation d. There is no increase
of these bricks to construction sight was Rs.805. What was the overall 39. After deducting a commission of 5%, a TV set costs Rs. 9595. Its
cost per thousand bricks? marked price is
A.) Rs.935 B.) Rs.6545 C.) Rs.812.50 D.) Rs. 654.50 a. Rs. 10000 b. Rs. 10074.75 c. Rs. 10100 d. Rs. 12000
22. Chamanlal purchased 20 dozen note books @ Rs.48 per dozen. He 40. Ramesh was getting two offers on a book having marked price Rs.
sold 8 dozen at 10% profit and the remaining12 dozens with 20% profit. 800. Either two successive discounts of 20% each or two successive
What is the profit percentage in this transaction? discounts of 30% and 10%. If Ramesh chose the better scheme, how
A.) 15 B.) 7.68 C.) 16 D.) 19.2 much more he must have saved compared to other scheme?
a. Rs. 16 b. Rs. 24 c. Rs. 8 d. Rs. 4
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 UNIT TEST - 41 (Rapid Practice)
Total Marks: 50 Duration: 60Mints Negative Marks: 0.25

41. A vase has a marked price of Rs. 560. Simran pays Rs. 336 for it
because she got 2 successive discounts, one of 20% and other of _____
a. 20 b. 15% c. 25% d. 10%
42. The marked price of a watch is Rs. 800. A shopkeeper gives two
successive discounts and sells the watch at Rs. 612. If the first discount
is 10%, the second discount is
a. 12% b. 20% c. 15% d. 10%
43. Successive discounts of 20% and 15% are equivalent to a single
discount of a. 68% b. 65% c. 35% d. 32%
44. Raj decides to sell his watch at 5% discount. But his brother buys it
from him and he gives his brother 8% discount. Due to this Raj gets Rs.
45 less in the profit. What was the marked price of the watch?
a. Rs. 1500 b. Rs. 1800 c. Rs. 6000 d. Rs. 9000
45. 30% discount on Rs. 1000 and 2 successive discounts of 15% and
15% will have a difference of
a. Rs. 22.5 b. Rs. 10 c. Rs. 150 d. Rs. 0
46. 2 successive discounts with the first being 20%, were given on a
table having marked price of Rs. 6400. Finally it was sold for Rs. 4608.
How much was the 2nd discount?
a. 20% b. 10% c. 5% d. 25%
47. Marked price of a TV is 20% more than its cost price. Yet Ajay gives
a discount of 30% while selling the TV. How much per cent loss did he
incur? a. 10% b. 16% c. 5% d. 50%
48. In order that there may be a profit of 20% after allowing a discount
of 40% on the marked price, the cost price of an article has to be
increased by?
a. 66.67% b. 33.33% c. 50% d. 100%
49. If successive discounts are 10%, 20% and 30%, then what is its single
equivalent discount?
a. 60% b. 40.56% c. 49.6% d. 30%
50. If a book costs Rs. 900 and is sold with a profit of 10% and discount
of 12% then, the advertised price is?
a. Rs. 1050 b. Rs. 1125 c. Rs. 812.5 d. Rs. 1225

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