CLAT - Mathematical Ability - Profit, Loss and Discount

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Question - 1

The difference between the selling price of a clock at a profit of 8% and 10% is Rs.6. Find the cost price of the clock.

  • A 1200
  • B 600
  • C 400
  • D 300

Question - 2

A trader bought 10 kg of oranges for Rs.405 of which 1 kg were found to be rotten. If he wishes to make a profit of 10% at what rate per kg should he sell the remaining oranges?

  • A 44.53
  • B 48.66
  • C 51.25
  • D none of these

Question - 3

One salesman calculates % profit on the CP and another on SP. The difference between their actual profits is Rs.100. Both claim to make a profit of 25%. Find the SP of goods if it is same for both.

  • A Rs.2500
  • B Rs.1600
  • C Rs.2000
  • D Rs.1500

Question - 4

A fruit seller results 24 kg apples. He sells a part of them at 20% gain and the balance at a loss 5%. If on the whole, he earns a profit of 10%, the amount of applies sold at a loss is

  • A 6 kg
  • B 4.6 kg
  • C 9.6 kg
  • D 11.4 kg

Question - 5

A manufacturer estimates that on inspection 10% of the articles he produces will not pass the quantity check. He has to supply 22500 articles at Rs.7.50 each. If he expects to make an overall profit of 20% what is the cost of producing an article?

  • A Rs.5.625
  • B Rs.6
  • C Rs.5.40
  • D Rs.6.67

Question - 6

If a selling price of n4 results in a 20% discount off the list price, the selling price that would result in a 30% discount off the list price (in Rs.) is

  • A 9
  • B 27
  • C 14
  • D 21

Question - 7

Suresh sold a shirt for Rs.500 making a profit of 25%. What was his profit as a % of sales price?

  • A 25%
  • B 20%
  • C 30%
  • D none of these

Question - 8

A shopkeeper buys 150 articles on which he has to pay Rs.50 on carriage. The articles were marked for sale at Rs.2.50 each. The shopkeeper sells 90 of them at this price and the remaining after allowing a discount of 20% on the marked price. Altogether he finds that he makes a profit of 38% on his outlay. Calculate the amount he pays for each article.

  • A Rs.10
  • B Rs.9
  • C Rs.8
  • D Rs.7

Question - 9

A manufacturer adds 10% to cost while selling to a retailer who adds 15% to his cost while selling to a customer. If the customer pays Rs.5060 for the product, what is the manufacturing cost?

  • A 4000
  • B 5000
  • C 4500
  • D 5200

Question - 10

A bicycle is sold at 20% profit. If the SP had had been Rs.100 less, then it would have been sold at a loss of 20%. What is its CP?

  • A 250
  • B 500
  • C 400
  • D 325