Concept 16

1. A certain radio costs a shopkeeper Tk. 64. At what price must he sell it if he is to make a profit of 20% on the selling price? | Options: (A) Tk. 12.80 (B) Tk. 76.80 (C) Tk. 78.00 (D) Tk. 80.00 (E) Tk. 84.00

(B) Tk. 76.80

2. A trader incurs a loss of 10% on cost of an item on selling it. If he could sell it at Tk. 1,500 more, he could make a profit of 20% on cost. What was the cost of the item in thousand Taka? | Options: (A) 7.5 (B) 6 (C) 5 (D) 4.5 (E) 8

(C) 5

3. A bicycle originally cost $100 and was discounted 10%. After three months it was sold after being discounted another 15%. How much was the bicycle sold for? | Options: (A) $76.50 (B) $75.00 (C) $73.50 (D) $71.00 (E) $69.50

(A) $76.50

4. A trader incurs a loss of 10% from selling an item. If the selling price was Tk. 200 more, he would have made a profit of 15%. What was the cost of the item? | Options: (A) 800 (B) 720 (C) 1200 (D) 900 (E) None of these

(A) 800

5. A man made a loss of 20% on his cost by selling a pen at taka 200. What should be his selling price in taka if he wants to make a profit of 10% on cost? | Options: (A) 250 (B) 275 (C) 300 (D) 225 (E) None of these

(B) 275

6. Asif purchased a radio from a store and sold it to Rahman and made a profit of 20%. After few months Rahman sold the same radio to Fahad and incurred a loss of 15%. If Fahad bought the Radio for Tk. 510 what was the original price of the radio? | Options: (A) 425 (B) 450 (C) 475 (D) 500 (E) None of these

(D) 500

7. A manufacturer of TV wants to make a profit of Tk. 3,00,000 on sale of 200 TV sets. It costs Tk. 10,000 each to make the first 100 TV sets and Tk. 7,500 each to make TV sets after the first 100 sets. What should be the selling price of each TV set in taka? | Options: (A) 10,250 (B) 10,350 (C) 10,500 (D) 10,750 (E) None of these

(A) 10,250

8. If the price of a product is increased by 15% then the seller would get Tk 450 more. If instead, the price were increased by 10% then how much more would he get? | Options: (A) 150 (B) 200 (C) 300 (D) 325 (E) None of these

(C) 300

9. An article sells at Tk. 60. This price gives a retailer a profit of 20% on its cost. What will be the new retail price, in Tk., if he cuts his profit to 12% of the cost? | Options: (A) 50 (B) 45 (C) 56 (D) 50.50 (E) 55

(C) 56

10. 5% merchandise of a trader was stolen and another 5% was damaged during transportation. At what profit (in %) should he sell the rest of the goods so that he can make an overall profit of 20%? | Options: (A) 22.25% (B) 27.5% (C) 30% (D) 33.3% (E) None of these

(D) 33.3%

11. During summer, a store offers 10% discount on some items. But due to a defect, an additional 5% was discounted from the discount price for a particular item. If the list price of the item was Tk. 400, what was the discounted price? | Options: (A) 338 (B) 340 (C) 342 (D) 345.50 (E) None of these

(C) 342

12. A T-shirt marked Tk. 48 is offered at a discount of 25% during Eid sale. At this reduced price the shopkeeper makes a profit of 20% on the cost. The cost to the shopkeeper is: | Options: (A) Tk. 29 (B) Tk. 30 (C) Tk. 32 (D) Tk. 36 (E) Tk. 40

(B) Tk. 30

13. You buy equal number of two types of chocolates at the rate of Tk. 1/9 and Tk. 1/11 respectively. If you now sell them at the rate of Tk. 1/10 what will be your profit/loss? | Options: (A) 2% loss (B) 2% profit (C) 0 (D) 1% loss (E) 1% Profit

(D) 1% loss

14. X sells an item to Y at a profit of 28% on his cost and Y sells the same item to Z at a loss of 25% on his cost. If Y has thus sold the item to Z at Tk. 2 less than the cost of the item to X, what is the cost of the item to X in Taka? | Options: (A) 100 (B) 50 (C) 200 (D) 150 (E) 250

(B) 50

15. In making a Radio set, the cost of labour and materials are in the ratio of 3:2. A manufacturer sells a set for Tk. 150 to make a gain of 25% on the cost. What is the cost of the materials for the set? | Options: (A) Tk. 72 (B) Tk. 60 (C) Tk. 54 (D) Tk. 48 (E) Tk. 40

(D) Tk. 48

16. Mr. Aasim bought 20 mangoes for Tk 55. He found that 10% of the mangoes were damaged and sold the rest at the rate of Taka 54 per dozen. How much profit in Taka did he make? | Options: (A) 28 (B) 26 (C) 24 (D) 20 (E) None of these

(B) 26

17. A trader purchases some pens at the rate of Tk. 10 per dozen. If he sells all the pens at a rate of Tk. 120 per hundred pens, what will be his profit in percent? | Options: (A) 33.33 (B) 44 (C) 45 (D) 48 (E) None of these

(B) 44

18. The manager of Agora purchased some tomatoes for Tk. 45 per kg. Due to improper handling, 10% of the tomatoes, by weight, were ruined and discarded. At what price per kg should the manager sell the remaining tomatoes if he wishes to make a profit of 12 percent on the cost of the tomatoes? | Options: (A) 52 (B) 54 (C) 56 (D) 58 (E) None of these

(C) 56

19. A merchant was selling an item at a certain price, then marked it down 20% for a spring sale. During the summer, he marked the item down another 20% from its spring price. If the item is sold at the summer price, then what percent of the original price did it sell for? | Options: (A) 40% (B) 60% (C) 64% (D) 67% (E) None of these

(C) 64%

20. When the per unit production cost of an item is Tk. 80 and other costs per unit is Tk. 20, the producer makes a profit of 15% on his total cost. If the production cost decreases by 20% and the selling price remains the same, calculate the profit in Tk. | Options: (A) 31 (B) 34 (C) 35 (D) 43 (E) None of these

(A) 31

21. A shopkeeper marks an article at such a price that after allowing a discount of 30% on the tag price (including tax) he makes a profit of 40%. If the tag price of the article including tax is Tk. 460, then the cost price of that article is: | Options: (A) 232 (B) 260 (C) 230 (D) 330 (E) 322

(C) 230

22. The potato traders have increased the original price of potatoes by 20% by creating a false shortage of supply. Govt. intervened into the scene and forced the traders to reduce their price by 20% of new price and stick to that. Currently the traders are selling potatoes with a loss/gain of what percentage over the original price? | Options: (A) 4% loss (B) 4% gain (C) 5.5% gain (D) 6% loss (E) Neither gain nor loss

(A) 4% loss

23. Hasan purchased 3 products: 100 units of product A @ Tk. x per unit; 300 units of product B @ Tk. 2x per unit and 600 units of product C @ Tk. 3x per unit. If he wants to make a profit of 20%, he should sell these products at an average price of: | Options: (A) 2.4x (B) 2x (C) 3x (D) 2.2x (E) None of these

(C) 3x

24. A pen was sold at 10% loss. If the selling price was Tk. 6 more, then the seller could have made a profit of 5%. What was the purchase price of the pen? | Options: (A) 45 (B) 40 (C) 30 (D) 25 (E) None of these

(B) 40

25. A trader, while selling a pen, was asking for such a price that will enable him to offer a 10% discount and still make a profit of 20% on cost. If the cost of the pen was Tk. 30, what was his asking price? | Options: (A) 42 (B) 40 (C) 36 (D) 32 (E) None of these

(B) 40

26. An item was sold at 6% profit. If the cost was 4% less and the selling price was Tk. 4 more, then the trader would have made a profit of 12.5%. What was the cost of the item? | Options: (A) 100 (B) 120 (C) 150 (D) 200 (E) None of these

(D) 200

27. A trader buys eggs for Tk. M per dozen and sells them for Tk. M/6 per piece. What is his profit? | Options: (A) 20% (B) 50% (C) 60% (D) 100% (E) none of these

(D) 100%

28. A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Tk. 55 more, he would have made a profit of 40%. What was the cost of the article in taka? | Options: (A) 350 (B) 300 (C) 250 (D) 150 (E) None of these

(C) 250

29. A wholesaler bought 2100 MBA admission guide books for taka 20 each. The wholesaler sold 50 percent of the books for taka 35 each and the rest for taka 18 each. What was the wholesaler's average profit per book? | Options: (A) taka 6.5 (B) taka 13 (C) taka 7 (D) taka 5 (E) taka 3.33

(A) taka 6.5

30. The retail price of a pen is 40 taka. Asif got a discount of 20% over the retail price and he eventually saved taka 240 on his total purchase of the pens. How many pens did he buy? | Options: (A) 20 (B) 24 (C) 12 (D) 30 (E) None of these

(D) 30

31. A trader normally makes a profit of 40% on items he sells. If he reduces the price by 10%, his sales increase by 40%. Let x be the total profit when he does not reduce the price, and y the total profit when he reduces the price. What is the ratio of y to x? | Options: (A) 1.28 (B) 7.8 (C) 1.11 (D) .91 (E) None of these

(D) .91

32. The cost of 1 dozen apples and 1 dozen mangoes is Tk. 100 and Tk. 120 respectively. If you spend equal amounts of money to buy apples and mangoes and sell them both at Tk. 110 per dozen, what will be your approximate profit or loss? | Options: (A) 2% profit (B) 2% loss (C) 0 (D) 1% profit (E) 1% loss

(D) 1% profit

33. A shirt was sold at 6% profit. If the purchase price were 4% less and the selling price were Tk. 4 more, the profit would be 12.5%. What was the purchase price of the shirt? | Options: (A) 240 (B) 220 (C) 200 (D) 180 (E) None of these

(C) 200

34. If you buy equal amount of two types of chocolates at the rate of Tk. 1/4 and Tk. 1/6 respectively and sell all of them at the rate of Tk. 1/5, what will be your profit/loss? | Options: (A) 1% loss (B) 2% profit (C) 2% loss (D) 4% profit (E) 4% loss

(E) 4% loss

35. Two years ago, the cost of pen A was Tk. 70 more than that of pen B. But due to high demand, the cost of pen A has increased by 100% and that of pen B has increased by Tk. 20. If today you need a total of Tk. 250 to buy one pen of each type, what was the price in Taka of pen B two years ago? | Options: (A) 30 (B) 40 (C) 50 (D) 70 (E) None of these

(A) 30

36. The price for a TV is 120% of its cost. The TV was sold at a 10% discount on the price. If the profit is Tk. 2,400, what is the cost of the TV in taka? | Options: (A) 24,000 (B) 27,500 (C) 30,000 (D) 32,000 (E) None of these

(C) 30,000

37. A shop sold a pair of shoes for Tk. 1600.00 and a pair of sandals for Tk. 960.00. It made a profit of 20% on shoes and took a 10% loss on sandals. The shop made a: | Options: (A) loss of 17.8% (B) loss of 15.0% (C) gain of 17.8% (D) gain of 75.3% (E) None of these

(E) None of these

38. In the official exchange, ratio of French Francs to US Dollars is 350:1 and the free exchange ratio is 400:1. How much profit would a man make if he could convert $70 to francs at the free rate and then convert these back to dollars at the official rate? | Options: (A) $1 (B) $10 (C) $61.25 (D) $70 (E) $80

(B) $10

39. A man buys eggs at the rate of Tk 35 per 100 pieces and sells them at Tk 7.20 per dozen. If the profit is Tk 30, how many eggs did he buy? | Options: (A) 60 (B) 120 (C) 180 (D) 210 (E) none of these

(B) 120

40. A merchant buys two articles for Taka 1400. He sells one of them at a profit of 20% and the other at a loss of 8%. He makes no profit or loss in the end. What is the selling price of the article that he sold at a loss? | Options: (A) 1000 (B) 1200 (C) 800 (D) 900 (E) none of these

(E) none of these

41. A trader makes a loss of 10% by selling a chair at a discount of 28% on the listed price. What will be his profit/loss if he sells the chair at 90% of its listed price? | Options: (A) 10% (B) 12.5% (C) 13.6% (D) 15% (E) none of these

(B) 12.5%

42. For an item the profit is 40% when the discount is 30%. What is the profit when the discount is 40%? | Options: (A) 10% (B) 20% (C) 25% (D) 30% (E) none of these

(B) 20%

43. Zabir bought an ordinary mobile and a cover for Tk. 2000. Malek bought a smart phone and the same cover for Tk. 2000 more than what Zabir had paid. The price of the cover was one tenth of the combined cost of the two mobiles. What was the cost of the ordinary mobile? | Options: (A) Tk. 1000 (B) Tk. 1200 (C) Tk. 1500 (D) Tk. 1600 (E) none of these

(C) Tk. 1500

44. A customer came to a shop and asked the shop manager to give a 20% discount on listed price of a pen. Moreover, for every 10 pens purchased he wanted two pens free of cost. The manager agreed to the customer's demand because he could still make a profit of 20% on cost price. If the cost price of a pen is x, what was the list price of the pen? | Options: (A) 1.75x (B) 1.8x (C) 1.9x (D) 2x (E) none of these

(B) 1.8x

45. The total income of Mr. Teng in the years 2003, 2004, and 2005 was BDT 36,400. His income had increased by 20% each year. What was his income (BDT) in 2005? | Options: (A) 5,600 (B) 8,800 (C) 12,000 (D) 14,000 (E) none of these

(E) none of these

46. Nipu sold 100 pens, of which 50 are red and 50 are black, at Tk. 48 per pen. He made a profit of 20% on the black pens and made a loss of 20% on the red pens. What was the net gain or net loss on this sale? | Options: (A) 0 (B) Gain of Tk. 200 (C) Loss of Tk. 200 (D) Gain of Tk. 400 (E) none of these

(C) Loss of Tk. 200

47. The sale of TV increased by 30% when the price was reduced by 10%. What will be the percentage change in revenue? | Options: (A) +14% (B) +15% (C) +17% (D) +18% (E) none of these

(C) +17%

48. A TV and a computer have the same price. If the price of the TV goes up by 20% and that of the computer goes down by 10%, how much more will it cost to buy 4 TVs and 4 computers? | Options: (A) 5% (B) 1% (C) 15% (D) 20% (E) none of these

(A) 5%

49. Johny bought a book and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Tk 55 more, he would have made a profit of 40%. What was the cost of the book? | Options: A) Tk 150 B) Tk 250 C) Tk 350 D) Tk 450 E) None of these

B) Tk 250

50. One laptop seller is planning to increase the price/laptop by BDT 10,000 from the next month. Market research shows that with this increase in price he will be able to sell 6 fewer laptops in the next month but the total revenue will increase by BDT 32,000 to BDT 760,000. What is the number of laptops the seller will sell in the next month at this new price? | Options: A) 16 B) 20 C) 26 D) 32 E) 36

B) 20

51. A wholesaler ordered 120 units of a certain product from its producer. The product would be sold at a price of BDT 500 each which was marked 20% over its initial cost. However, the wholesaler could not sell 12 units of that product which were returned to the producer for a refund of 50% of the wholesaler's initial cost. What was the wholesaler's approximate profit or loss as a percentage of his initial cost for the 120 units? | Options: A) 6% Loss B) 13% Loss C) No loss or profit D) 6% Profit E) 13% Profit

E) 13% Profit

52. Ghorer Bazar buys three kinds of dry nuts at Tk. 1000, Tk. 800, and Tk. 600 per kilogram. He mixes them in the ratio 3:4:5 by weight, mixes it with home-made honey and sells at a profit of 50%. At what price per kilogram does he sell the honey nuts? | Options: A) Tk. 690 B) Tk. 1000 C) Tk. 1380 D) Tk. 1420 E) None of these

E) None of these

53. Sams bought a pen at a 30% discount on listed price. Few months later, he found that the price for the same pen has increased by 50% and the discount he got in taka remained the same. How much discount did Sams get in terms of the new listed price? | Options: (A) 10% (B) 15% (C) 20% (D) 22.5% (E) none of these

(C) 20%

54. If selling price is doubled, profit triples. Find the profit in percentage. | Options: (A) 50 (B) 100 (C) 150 (D) 200 (E) none of these

(B) 100

55. The cost prices of two articles, P and Q, are in the ratio 5:7 and their selling prices, in the ratio 2:5, respectively. If the losses made on both the products are the same, what is the ratio between the cost price and the selling price of Q? | Options: (A) 5:4 (B) 7:3 (C) 8:3 (D) 15:4 (E) none of these

(E) none of these

56. Mohtasim made a profit of 20% by selling a product. If he had purchased that product for 10% less and sold it at a profit of 40%, he would have received Tk. 24 more. What was his original selling price in taka? | Options: (A) 400 (B) 480 (C) 520 (D) 600 (E) none of these

(B) 480

57. A salesperson bought an item for Tk. X and marked it up by 50%. However, he could not sell the item during the first quarter and thus, decided to provide a discount of 20% on the marked-up price. As the item remained unsold in the second quarter as well, he started to charge 70% of the discounted value. What is the latest sales price of the item in terms of its buying price? | Options: (A) 0.60X (B) 0.84X (C) 0.96X (D) 1.05X (E) None of these

(B) 0.84X

58. Muib, Rabib, Tarique and Zafar jointly started a business and invested a total of Tk 800,000. If Muib's share increases by Tk 30,000, Rabib's share increases by one-third of his share, Tarique's share decreases by 20% and Zafar's share decreases by Tk 40,000, all of them would have equal amounts of money. What is Zafar's original share in Tk? | Options: A) 202,500 B) 235,000 C) 232,500 D) 237,500 E) 247,500

C) 232,500

59. During a sale, a store sells 20 percent of its remaining stock each day, without replenishment. After four days, what fraction of its original stock has it sold? | Options: A) 1/625 B) 256/625 C) 61/125 D) 64/125 E) 369/625

E) 369/625

60. By selling 60 oranges at 624 taka, loss is cost price of 8 oranges, the cost price of one orange is: | Options: A. 10 B. 10.5 C. 11 D. 11.5 E. none of these

E. none of these

61. A seller is giving 20% discount on the listed price and makes 20% profit. What is the % of listed price to its cost price? | Options: A. 110% B. 120% C. 140% D. 150% E. none of these

D. 150%