Profit and Loss, General Mathematics

Question: Cost of 3 cricket balls = cost of 2 pairs of leg pads. Cost of 3 pairs of leg pads = cost of 2 pairs of gloves. Cost of 3 pairs of gloves = cost of 2 cricket bats. If a cricket bat costs Tk 54, what is the cost of a cricket ball?
A
Tk 12

B
Tk 14

C
Tk 16

D
Tk 18

Note: 3G = 54 x 2 = 108 =>G = 36 3P = 36 x 2 = 72 => P = 24 3C = 24 x 2 = 48 => C= 16 `:.` Cost of a cricket ball = Tk 16
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Question: A shopkeeper sold an article for Tk 2564.36. Approximately what was his profit percent of the cost price of the article was Tk 2400?
A
7

B
8

C
12

D
60

Note: Gain % = `(164.36/2400 xx 100)%` =6.84 % =7 % approx.
1. Report
Question: When a commodity is sold for Tk 34.80, there is a loss of 35 percent(%). What is the cost price of the commodity?
A
Tk 46.40

B
Tk 26.10

C
Tk 43

D
Tk 43.20

Note: S.P. = Tk. 34.80, Loss = 25% C.P. = Tk. `(100/75 xx 34.80)` = Tk 46.40
1. Report
Question: If the selling price of an article is 4/3 times its cost price, the profit percent is
A
`33 1/3`

B
`25 1/4`

C
`20 1/2`

D
`20 1/3`

Note: Let C.P.= x, Then, S.P. = `(4x)/3` Gain=`((4x)/3 - x)` =`x/3` `:.` Gain % = `(x/3 xx 1/x xx 100)% = 33 1/3 %`
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Question: A retailer buys a radio for Tk 225. His overhead expenses are Tk 15. He sells the radio for Tk 300. The profit percent of the retailer is
A
10

B
25

C
50

D
52

Note: C.P = Tk. (225 + 15) = Tk. 240 S.P. = Tk 300 `:.` Gain % = `(60/240 xx 100)%` = 25%
1. Report
Question: A man buys oranges at tk 5 a dozen and equal number at tk 4 a dozen. He sells them at tk 5.50 a dozen and make a profit of rs 50. How many oranges does he buy?
A
30 Dozen

B
40 Dozen

C
50 Dozen

D
60 Dozen

Note: C.P of 2 dozen oranges = Tk (5 + 4) = 9 Tk S.P of 2 dozen oranges = Tk 11 If profit is Tk 2, oranges bought = 2 dozen If profit is Tk 50, oranges bought = `(2/2 xx 50)` dozen = 50 dozen
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Question: If, by selling an article for tk.100, a man gains tk. 15, then his gain percent is?
A
15%

B
`12 2/3`%

C
`17 11/17`%

D
`17 1/4`%

Note: Here S.P = tk 100, Loss=Tk 15, So C.P=tk(100-15) =Tk 85, therefore Gain % = `((15)/85xx100)`%=`17(11)/17` %
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Question: what is the loss percent if a man is loses tk 10 on selling an article for tk 100?
A
`9 1/11`%

B
10 %

C
`11 1/9` %

D
None

Note: Here S.P = Tk 100, Loss=Tk 10, So C.P= `(100)/90 xx 100` =Tk `(1000)/9` therefore Loss % =`(10xx9/1000 xx100)`% = 9 %
1. Report
Question: A shopkeeper brought an article for tk 319.60. Approximately, at what price should be sell the article to make 25% profit?
A
Tk400

B
Tk450

C
Tk500

D
Tk600

Note: S.P= tk 125% of Tk 319.60 =tk`((125)/100xx319.60)` =tk399.50 =tk 400(approx)
1. Report
Question: There would be 10% loss if a toy is sold at tk 10.80 per price. At what price should it be sold to earn a profit of 20%?
A
Tk 12

B
Tk 12.96

C
Tk 14.40

D
None

Note: Here, `90:10.80` = `120 : x` or, `(90)/10.80` = `120/x` 0r, x =`(120xx10.80)/90` =14.40 Hence,S.P= Tk 14.40
1. Report

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Question: Cost of 3 cricket balls = cost of 2 pairs of leg pads. Cost of 3 pairs of leg pads = cost of 2 pairs of gloves. Cost of 3 pairs of gloves = cost of 2 cricket bats. If a cricket bat costs Tk 54, what is the cost of a cricket ball?

Question: A shopkeeper sold an article for Tk 2564.36. Approximately what was his profit percent of the cost price of the article was Tk 2400?

Question: When a commodity is sold for Tk 34.80, there is a loss of 35 percent(%). What is the cost price of the commodity?

Question: If the selling price of an article is 4/3 times its cost price, the profit percent is

Question: A retailer buys a radio for Tk 225. His overhead expenses are Tk 15. He sells the radio for Tk 300. The profit percent of the retailer is

Question: A man buys oranges at tk 5 a dozen and equal number at tk 4 a dozen. He sells them at tk 5.50 a dozen and make a profit of rs 50. How many oranges does he buy?

Question: If, by selling an article for tk.100, a man gains tk. 15, then his gain percent is?

Question: what is the loss percent if a man is loses tk 10 on selling an article for tk 100?

Question: A shopkeeper brought an article for tk 319.60. Approximately, at what price should be sell the article to make 25% profit?

Question: There would be 10% loss if a toy is sold at tk 10.80 per price. At what price should it be sold to earn a profit of 20%?