Profit & Loss

1

A shopkeeper sells some articles at the profit of 25% on the original price . What is the exact amount of profit ?

To find the answer ,which of the following information given in statements  I and II is/are necessary ?

I. Sale price of the article                        II. Number of articles sold

A. Only I is necessary
B. Only II is necessary
C. Either I or II is necessary
D. Both I and II are necessary
E. None of these.

2

A shopkeeper sell some toys at Rs. 250 each . What percent profit does he make ? To find the answer , which of the

following information given in  Statements  I and II is / are necessary ?

I. Number of toys sold               II.    Cost price of each toy.

A. Only I is necessary
B. Only II is necessary
C. Both 1 and II are necessary
D. Either I or II is necessary
E. None of these

3

When a producer allows 36% commission on the retail price of his product he earns a profit of 8.8 % . What would be his profit percent if the commission is reduced by 24% ?

A. 48%
B. 48.5%
C. 49%
D. 49.6%

4

At what percentage above the C.P. must an article be marked so as  to gain 33  after allowing a customer a discount of 5%?

A. 40%
B. 42%
C. 44%
D. 45%

5

A retailer buys 40 pens at the marked price of 36 pens from a wholesaler . If he sells these pens giving a discount of

1% , what is the profit percent ?

A. 8%
B. 9%
C. 10%
D. 11%