1. A person incurs 5% loss by selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit?

[a] 250% of 900 - 740

[b] 250% of 250 - 940

[c] 250% of 800 - 740

[d] 250% of 600 - 940

[e] None of these

[a] 250% of 900 - 740

[b] 250% of 250 - 940

[c] 250% of 800 - 740

[d] 250% of 600 - 940

[e] None of these

2. Amit buys 5 watches for rs. 9450 and later sells them for Rs. 9700. How much profit does Amit make per watch?

[a] 16(2/3)% of 600 - 20% of 250

[b] 16(2/3)% of 600 + 20% of 250

[c] 16(2/3)% of 120 - 8% of 250

[d] 16(2/3)% of 800 - 30% of 250

[e] None of these

3. A sells his house worth Rs. 10 lakh to B at a loss of 10%. Later B sells it back to A at 10% profit. The result of the two transaction is:

[a] A neither loses nor gains

[b] A loses Rs. 90000

[c] A loses Rs. 200000

[d] B gains Rs. 1,10,000

[e] None of these

4. A cost of an article including the sales tax is Rs. 616. The rate of sales tax is 10%, If the shopkeeper has made a profit of 12%, then the cost price of the article for shopkeeper is?

[a] Rs. 350

[b] Rs. 500

[c] Rs. 650

[d] Rs. 800

[e] None of these

5. Two third of consignment was sold at a profit of 5% and the reminder at a loss of 2%. If the total profit was Rs. 400, the value of the consignment was?

[a] Rs. 12000

[b] Rs. 14000

[c] Rs. 15000

[d] Rs. 16000

[e] None of these

6. A person earns 15% on investment but loses 10% on another investment. If the ratio of the two investments be 3:5, what is the gain or loss on the tow investments taken together?

[a] 0.625%

[b] 0.8%

[c] 0.9%

[d] 1.2%

[e] 1.45%

7. The profit earned by selling an article for Rs. 900 is double the loss incurred when same article is sold for Rs. 450. At what price should the article be sold to make 25% profit?

[a] Rs. 400

[b] Rs. 500

[c] Rs. 700

[d] Rs. 750

[e] Rs. 900

8. Nutan bought 30 dozens of oranges for her juice stall in the school fair. She paid Rs. 8 per dozen of oranges. She also had to pay Rs. 500 as the stall fee to the school authorities. She calculated that each glass of juice would need 3 oranges. How much should she charge per glass of juice so as to ake 20% profit?

[a] Rs. 7.20

[b] Rs. 7.40

[c] Rs. 7.60

[d] Rs. 7.80

[e] None of these

9. Sarita sells a phone at a profit of 20%. If she had bought it at 20% less and sold it for Rs. 180 less, she would have gained 25%. Find the cost pirce of the Phone.

[a] Rs. 800

[b] Rs. 850

[c] Rs. 900

[d] Rs. 1000

[e] None of these

10. Abhishek makes a profit of Rs. 110, if he sells a certain number of pens he has at the price of Rs. 2.5 per pen and incurs a loss of Rs. 55, if he sells the same number of pens for Rs. 1.75 per pen. How many pens does Abhishek have?

[a] 220

[b] 240

[c] 20

[d] Cannot be Determined

[e] None of these

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