CMAT Profit and Loss Questions

Match List I with List II :

Choose the correct answer from the options given below :

Given below are two statements:
Statement I : The difference between the cost price and sale price of an article is ₹ 240. If the profit is 20%, then the selling price is ₹ 1440.
Statement II: If the cost price of 10 DVDs is equal to the selling price of 7 DVDs, then the gain percent is $$42\frac{6}{7}%$$
In the light of the above statements, choose the most appropriate answer from the options given below:

If the selling price of 320 Web Cameras is equal to the cost price of 400 Web Cameras, then the percentage profit is :

Four sheep farmers rented a pasture, Anil grazed his 24 sheep for 3 months, Bimal 10 sheep for 5 months, Champak 35 sheep for 4 months and Damodar 21 sheep for 3 months,. If Anil’s share of rent is Rs. 720, find the total rent of the pasture :

If the cost price is 80% of the selling price, then what is the profit in percentage?

A started a business with Rs. 50000. After three months, B joins with an investment of Rs. 60000 and A withdraws Rs. 10000 out of his capital. Three months later, B brought in Rs. 20000 more. At the end of the year, what should be the ratio in which they A and B share the profits?

Mohan bought a trouser at 10% discount and sold it to Sohan at a loss of 10%. If Sohan paid Rs. 729 for the trouser to Mohan, then what was the undiscounted price of the trouser?

A shopkeeper claims to sell rice at cost price. He uses a false weight with the intention of selling rice at 25% profit. After selling Rice to a customer, he realizes that the customer has paid 10% less than what he should have paid. What is the actual profit percentage made by the shopkeeper?

In the year 2020, Production of Sugar (in Million Tonnes) by six major production units A-F of India are shown in the table given below:

What was approximate percentage decrease in sugar production of unit B in June as compared to April?

Two successive discounts of 8% and 12% are equal to a single discount of:

A shopkeeper marks his books at 25% above the cost price. Due to slump in the market, his cost reduces by 5%. And then,to boost his sale, he offered a discount of 8% due to which sales goes up by 25%. Compute the change in the shopkeepers profit.

By selling mangoes at the rate of 64 for Rs. 2,000, the vendor loses 40%. How many should he sell for Rs.1000 so as to gain 20%?

Two balls were bought for Rs. 37.40 at a discount of 15%. What must be the marked price of each of the ball?

A shopkeeper sells rice at the cost price, but uses false weight. He gains 20% in this process. What weight does he uses for one kilogram?

An electric appliance is priced at Rs. 600 initially. Because of market recession, price was successively reduced three times, each time by 10% of the price after the earlier reduction. What is the current price?