HirePro Profit and Loss Quiz-1

Jim Gaffigan buys two bicycles for Rs. 750. He sells first bicycle at a profit of 22% and the second bicycle at a loss of 8%. What is the SP of first bicycle if in the whole transaction there is no profit no loss?

Rahul dravid brought two cost items A and B.The cost price of item B is Rs. 200/- more than the cost price of item A. Item A was sold at a profit of 20% and item B was sold at a loss of 30%. If the respective ratio of selling prices of items A and B is 6 : 7, what is the cost price of item B?

Two Mangoes, three grapes and four apples cost Rs. 15. Three Mangoes, two grapes and one apple cost Rs. 10. Himesh reshamia bought 3 Mangoes, 3 grapes and 3 apples. How much did Himesh pay?

Kevin Hart is a watch dealer who incurs an expense of Rs. 150 for producing every watch. He also incurs an additional expenditure of Rs. 30,000, which is independent of the number of watches produced. If he is able to sell a watch during the season, he sells it for Rs. 250. If he fails to do so, he has to sell each watch for Rs. 100.If he produces 1500 watches, what is the number of watches that he must sell during the season in order to breakeven, given that he is able to sell all the watches produced?

Arundhati roy is a dealer who offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16 articles to a dozen to a particularly sticky bargainer. How much per cent above the cost price were his wares listed ?

Mike Birbiglia started a new organization. The profit earned by an organisation is distributed among officers and clerks in the ratio of 5 : 3. If the number of officers is 55 and the number of clerks is 70 and the amount received by each officer is Rs12,000, what was the total amount of profit earned?

Rakesh ahuja brought an article.The percentage profit earned by selling an article for Rs. 2120 is equal to the percentage loss incurred by selling the same article for Rs. 1520. At what price should the article be sold to make 25% profit?

A purchased a machine at Rs 13,000 , then got it repaired at Rs 3500, they gave its transportation charges Rs500. Then he sold it at 50% profit. At what price he actually sold it?

In a medical store owned by Shoaib Akhtar, the profit is 270% of the cost. If the cost increases by 30% but the selling price remains constant, approximately what percentage of the selling price is the profit.

Abhinav bindra sold an Item to Bill cosby at 40% loss, then Bill cosby sold it to third person Kanav at 40% profit and finally Kanav sold it back to Abhinav bindra at 40% profit. In this whole process what is the percentage loss or profit of Abhinav bindra?