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**Q1. If the cost price of 50 oranges is equal to the selling price of 40 oranges, then the profit percent is?**

(a) 5

(b) 10

(c) 20

(d) 25

**Q2. Bhuvnesh sells two tape recorders at the same price. On one, he gains 10% and on the other he loses 10%. The total gain or loss in the transaction is?**

(a) 1% gain

(b) 1% loss

(c) No loss or gain

(d) 2% loss

**Q3. By selling a basket for Rs. 19.50, a shopkeeper gains 30%. For how much should he sell it to gain 40%?**

(a) Rs. 21

(b) Rs. 21.50

(c) Rs. 24

(d) Rs. 23

**Q4. On selling an article for Rs. 170, a shopkeeper losses 15%, In order to gain 20%. he must sell that article at rupees?**

(a) 215.50

(b) 212.50

(c) 240

(d) 210

**Q5. By selling a table for Rs. 1140, a man loses 5%. In order to gain 5%, the table must be sold for?**

(a) Rs. 1260

(b) Rs. 1320

(c) Rs. 1180

(d) Rs. 1250

**Q6. A dishonest dealer professes to sell his goods at the cost price but uses a false weight of 850 g instead of 1 kg. his gain percent is?**

(a) 17(12/17)%

(b) 17(11/17)%

(c) 71(11/17)%

(d) 11(11/17)%

**Q7. A shopkeeper bought 15kg of rice at the rate of Rs. 29 per kg and 25 kg of rice at the rate of Rs. 20 per kg. He sold the mixture of both types of rice at the rate of Rs. 27 per kg. His profit in this transaction is?**

(a) Rs. 125

(b) Rs. 150

(c) Rs. 140

(d) Rs. 145

**Q8. A sells an article to B making a profit of 1/5 of his outlay. B sells it to C, gaining 20%. If C sells it for Rs. 600 and incurs a loss of 1/6 of his outlay, the cost price of A is?**

(a) Rs. 600

(b) Rs. 500

(c) Rs. 720

(d) Rs. 800

**Q9. Ramesh bought 10 cycles for Rs. 500 each. He sold five of them for Rs. 750 each and the remaining for Rs. 550 each. Then the total gain or loss percentage is?**

(a) Gain of 8(1/3)%

(b) Loss of 30%

(c) Gain of 30%

(d) Loss of 7(1/7)%

**Q10. A retailer buys a radio for Rs. 225. His overhead expenses are Rs. 15. He sells the radio for Rs. 300. The profit percent of the retailer is?**

(a) 25

(b) 26(2/3)

(c) 20

(d) 33(1/3)

**Answers**

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