Hiremee Profit and Loss Questions with Answers

Cost Price (C.P.) = Rs. (4700 + 800) = Rs. 5500.

Selling Price (S.P.) = Rs. 5800.

Gain = (S.P.) - (C.P.) = Rs.(5800 - 5500) = Rs. 300.

Gain % = (300/5500)x 100% = 5  ⁵⁄₁₁ %

Video solution:

Let C.P. of each article be Re. 1 C.P. of x articles = Rs. x.

S.P. of x articles = Rs. 20.

Profit = Rs. (20 - x).
So {(20 - x) / x} x 100 = 25
x = 16.

Video solution:

Let C.P.= Rs. 100. Then, Profit = Rs. 320, S.P. = Rs. 420.

New C.P. = 125% of Rs. 100 = Rs. 125

New S.P. = Rs. 420.

Profit = Rs. (420 - 125) = Rs. 295.

Required percentage = (295/450)x 100% =70% (approximately).

Video solution:

S.P. = 85% of Rs. 1400
= Rs. (85/100) * 1400
= Rs. 1190

Video solution:

Suppose, number of articles bought = L.C.M. of 6 and 5 = 30.

C.P. of 30 articles = Rs. (5/6)x 30= Rs. 25.

S.P. of 30 articles = Rs. (6/5)x 30= Rs. 36.

Gain % =(11/25)x 100% = 44%.

Video solution:

85 : 18700 = 115 : x
x = \frac{18700*115}{85}= 25300.
Hence, S.P. = Rs. 25,300.

Video solution:

C.P. of 56 kg rice = Rs. (26 x 20 + 30 x 36) = Rs. (520 + 1080) = Rs. 1600.

S.P. of 56 kg rice = Rs. (56 x 30) = Rs. 1680.
Gain = (80/1600 )x 100 % = 5%.

Video solution:

Least Cost Price = Rs. (200 * 8) = Rs. 1600.
Greatest Selling Price = Rs. (425 * 8) = Rs. 3400.
Required profit = Rs. (3400 - 1600) = Rs. 1800.

Video solution:

here Gain%=20
now formula is gain%=(gain*100)/cp
i.e 20=(gain*100)/1
i.e 20/100=gain
gain=0.2
so 6 tofees will be sold at 1.2 rs to gain 20%
0.20 for each toffee
i.e 5 toffess will be sold at 1 rs

Video solution:

C.P. of 1 orange = Rs. 350/100 = Rs. 3.50
S.P. of 1 orange = Rs. 48/12 = Rs. 4
Gain% = (0.50/3.50)x 100% = 100/7%
= 14 2/7 %

Video solution: