Sunday 28 August 2016

Maths Profit and loss Assignment

ASSIGNMENT
Q1. On what price is discount calculated?
Q2. Joy bought pens at $ 120 a dozen. He sold it for $ 15 each. What is
 his profit percent?
Q3. Simi bought a study table for $ 9000. She sold it at a profit of 20%.
 How much profit did she make? What is the selling price?
Q4. Marshall bought 20 refills and sold them at $ 4 each. If it had cost
$50 for the refills, what was his profit or loss percent?
Q5. Find the M.P. if the S.P. is Rs. 1800 after allowing a discount of
20%.
Q6. The price of an air conditioner was reduced from Rs. 2700 to
Rs.2400.Find the rate of discount.
Q7. The price of a toaster is Rs. 2240including VATat 12%.Find the
original price of the toaster.
Q8. For how much should a shopkeeper sell a book to gain 30% ,if he
 gains 20% by selling it for Rs. 258.
Q9. At a sale , all goods are at 4.5% discount. If Reena buys a shirt
marked Rs. 600, how much she has to pay.
Q10. Veena sold two of her scooters for Rs. 2000 each. On one she
 made a gain of 5% and on the other a loss of 10%. Find the overall
gain or loss percent.
Q11. A fruit seller makes a profit of 25% by selling apples at the rate of 5
        for Rs. 125 . What profit or loss percent will he make if he sold the
         apples at 6 fruits for Rs.132.
Q12. A man sold an article at 10% profit. Had it been sold for Rs. 50
         more, he would gained 15 %. Find the cost price of the article.

 PRACTISE EXERCISE
Q1. If the cost price of 10 pens is equal to the selling price of 8 pens ,
 find the gain or loss percent.
Q2. If a bike dealer sells a bike for Rs. 67680, he will lose 6%. For what
amount should he sell it so as to gain 6%.
Q3. A vendor bought oranges at 20 for Rs. 56 and sold them at Rs. 35
per dozen . Find his gain or loss percent.
Q4. The price of a car is Rs. 3,64,000 in Delhi and Rs. 3,77,000 in
Chennai. If the price of car without VAT tax is Rs.3,25,000.Calculate
the rate of VAT in the two cities.
Q5. A dealer bought an almirah for Rs. 200. After allowing a discount of
 20% on the M.P. he earns a profit of 25% . Find the marked price of
the almirah.
Q6. A furniture dealer marks his furniture 40% above the cost price , and
offers a festival discount of 15%. Find his gain percent.
Q7. Ravi visits a Departmental store and purchases the following items :
(i)           2 watches for Rs.350 each, VAT @ 12%
(ii)          2 shirts for Rs. 275 each, VAT @ 10%
(iii)        2pairs of jeans for Rs. 450 each, VAT @ 8%.
Calculate the total amount of bill.
Q8. A shopkeepermarks his goods at such a price that after allowing a
 discount of 16%, he makes a profit of 20%. What is the marked price
      of a shirt whose cost price is Rs. 210.
Q9. Sameer sold a bicycle at a profit of 10%. Had he sold it for Rs. 150
 more the profit would have been 15% Find the C.P. of the bicycle.
Q10. Diya bought two chocolates for Rs. 40. By selling them, she earns
aprofit of 15% on one and loses 10% on the othe . If the difference

between their S.P. is Rs. 9.10. Find the C.P. of each of the two.

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