831 + Mcqs in Profit and Loss in Aptitude Page 1 McqOptions

1.	The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?
A.	Rs. 2000
B.	Rs. 2200
C.	Rs. 2400
D.	Data inadequate
Answer» B. Rs. 2200

Discussion

2.	A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?
A.	Rs. 18.20
B.	Rs. 70
C.	Rs. 72
D.	Rs. 88.25
Answer» D. Rs. 88.25

Discussion

3.	The cost price of 20 articles is the same as the selling price of articles. If the profit is 25%, then the value of is:
A.	15
B.	16
C.	18
D.	25
Answer» C. 18

Discussion

4.	A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:
A.	No profit, no loss
B.	5%
C.	8%
D.	10%
E.	None of these
Answer» C. 8%

Discussion

5.	The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?
A.	Rs. 2000
B.	Rs. 2200
C.	Rs. 2400
D.	Data inadequate
Answer» B. Rs. 2200

Discussion

6.	A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?
A.	Rs. 18.20
B.	Rs. 70
C.	Rs. 72
D.	Rs. 88.25
Answer» D. Rs. 88.25

Discussion

7.	The cost price of 20 articles is the same as the selling price of articles. If the profit is 25%, then the value of is:
A.	15
B.	16
C.	18
D.	25
Answer» C. 18

Discussion

8.	A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:
A.	No profit, no loss
B.	5%
C.	8%
D.	10%
E.	None of these
Answer» C. 8%

Discussion

9.	Teenagers shoe company sells the shoes whose prices i.e.,cost price and selling price are the multiples of either 13,14,15,16,17,18 or 19, starting from Rs. 399 to Rs.699 (i.e, 399 <_ cp what can be the maximum profit of company> Rs. 292 Rs. 398 Rs. 298 Rs. 300
A.	Rs. 292
B.	Rs. 398
C.	Rs. 298
D.	Rs. 300
Answer» D. Rs. 300

Discussion

10.	Radhey Lal markup the prices of sweets by 40% and he sold only 40% of those at this price. He sells half of the rest at 14²/₄% discount and rest at 25% discount. What is the net profit of Radhey Lal?
A.	26.5%
B.	23.5%
C.	30%
D.	28.6%
Answer» C. 30%

Discussion

11.	A bookseller sells a book at a gain of 10%. if he had bought it at 4% less and sold it for 6 more, he would have gained 118³/₄%. The CP of the book is ?
A.	130
B.	140
C.	150
D.	160
Answer» D. 160

Discussion

12.	Anupam sells a painting to Bhargava at 4/5^th the rate of profit at which Bhargava sells it to Chaudhary. Further Chaudhary sells it to Dara Singh at half the rate of profit at which Anupam sold it to Bhargava. If Chaudhary earns a profit of 10% by selling it to Dara Singh for Rs. 2805. What is the cost price of painting from Bhargava?
A.	1896
B.	2040
C.	1680
D.	2000
Answer» C. 1680

Discussion

13.	A dishonest dealer professes to sell his goods at cost price. But he uses a false weight and thus gains 6¹⁸/₄₇ % . For a kg, he uses a weight of ?
A.	953 gms
B.	940 gms
C.	960 gms
D.	947 gms
Answer» C. 960 gms

Discussion

14.	An article is sold at a certain prices. By selling it at 2/3 of that price one loses 10%. The gain percent at original price is ?
A.	20%
B.	33
C.	/
D.	35%
E.	40%
Answer» D. 35%

Discussion

15.	By selling 8 dozen of pencils, a shopkeeper gains the selling price of a 1 dozen pencils. His gain percent is ?
A.	12.5%
B.	87.5%
C.	14
D.	/
E.	None of these
Answer» D. /

Discussion

16.	A person wants to reduce the trade tax so he calculates his profit on the sale price instead of on the cost price.In this way by selling a article for Rs. 280 he calculates his profit as 14²/₇%. What is his actual profit percentage ?
A.	20 %
B.	16.66 %
C.	25 %
D.	data insufficient
Answer» C. 25 %

Discussion

17.	The selling price of 12 articles is equal to the cost price of 15 articles. The gain per cent is ?
A.	6
B.	/
C.	20%
D.	25%
E.	80%
Answer» D. 25%

Discussion

18.	A shopkeeper sells (3/4)^th of its articles at a gain of 20% and the remaining at C.P. His real gain in the transaction is ?
A.	10%
B.	15%
C.	20%
D.	25%
Answer» C. 20%

Discussion

19.	By selling a cellphone for 2400, a shopkeeper make a profit of 25%. Then, his profit percentage, if he had sold it for 2040, is
A.	10%
B.	6.25 %
C.	6.5%
D.	15%
Answer» C. 6.5%

Discussion

20.	A radio dealer sold radio at a loss of 2.5%. Had he sold it for Rs. 100 more, he would have gained 7¹/₂ %. In order to gain 12¹/₂ % he should sell it for ?
A.	Rs. 850
B.	Rs. 925
C.	Rs. 1080
D.	Rs. 1125
Answer» E.

Discussion

21.	A gold bracelet is sold for 14500 at a loss of 20%. What is the cost price of the gold bracelet?
A.	18125
B.	17400
C.	15225
D.	16800
E.	None of the above
Answer» B. 17400

Discussion

22.	A dealer professing to sell at cost price uses a 900 gms weight for a kilogram. His gain percent is ?
A.	9
B.	10
C.	11
D.	11
E.	/
Answer» E. /

Discussion

23.	By selling an article for Rs. 100, one gains Rs. 10. Then the gain percent is ?
A.	9%
B.	10%
C.	11
D.	/
E.	None of these
Answer» D. /

Discussion

24.	By selling an article for Rs. 247.50 we get a profit of 12¹/₂ %. The cost of the article is ?
A.	Rs. 210
B.	Rs. 220
C.	Rs. 224
D.	Rs. 225
Answer» C. Rs. 224

Discussion

25.	An umbrella marked at Rs. 80 is sold for Rs. 68. The rate of discount of ?
A.	15%
B.	12%
C.	17
D.	/
E.	20%
Answer» B. 12%

Discussion

26.	If the cost price of 23 toys is equal to selling price of 20 toys. Then the gain or loss percentage is ?
A.	12
B.	14
C.	15
D.	12
E.	/
Answer» B. 14

Discussion

27.	The reduction of $ 12 in the selling price of an article will change 5% gain into (2 ¹ / ₂ )% loss. The cost price of the article is
A.	$ 140
B.	$ 160
C.	$ 80
D.	$ 100
Answer» C. $ 80

Discussion

28.	If a commission at the rate of 10% is given to a bookseller on the marked price of a book by the publisher, the publisher gains 20%. If the commission is increased to 15%, then the gain percent would be:
A.
B.
C.
Answer» C.

Discussion

29.	A sold a tape-recorder to B for $ 4,860 at a loss of 19%. Again B sold it to C at a price that would give A a profit of 17%. The gain% of B is
A.
B.
Answer» D.

Discussion

30.	A sells an article to B at a gain of 10%. B sells it to C at a gain of 7 ¹ / ₂ % . C disposes of it at a loss of 25%. If the prime cost to the manufacturer A was $ 3200 then the price obtained by C is
A.	$ 2800
B.	$ 2580
C.	$ 2670
D.	$ 2838
Answer» E.

Discussion

31.

In a business partnership among A, B, C and D, the profit is shared as follows:
A s share = B s share = C s share = 1
B s share C s share D s share 3

If the total profit is $ 4,00,000, then, the share of C is

A.

$ 1,12,500

B.

$ 1,37,500

C.

$ 90,000

D.

$ 2,70,000

Answer» D. $ 2,70,000

Discussion

32.	On selling an almirah for $ 2576, a person got a profit of 12%. Had it been bought for $ 100 less, the profit percent would have been
A.
B.
C.
Answer» D.

Discussion

33.	A dishonest shopkeeper professes to sell goods at his cost price but uses a false weight of 950 gms, for each kilogram. His gain percent is :
A.
B.
Answer» C.

Discussion

34.	There is a profit of 20% on the cost price of an article. The % of profit, when calculated on selling price is
A.
B.	20%
C.
D.	None of these
Answer» B. 20%

Discussion

35.

In terms of percentage profit, which is the best transaction?
C.P. (in $) Profit (in $)
A. 36 17
B. 50 24
C. 40 19
D. 60 29

A.

A

B.

B

C.

C

D.

D

Answer» E.

Discussion

36.	The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
A.	15
B.	16
C.	18
D.	25
Answer» C. 18

Discussion

37.	Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:
A.	<table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">4</td> <td class="ga-td-divident">4</td> <td class="ga-td-line" rowspan="2">%</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">7</td> </tr> </tbody></table>
B.	<table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">5</td> <td class="ga-td-divident">5</td> <td class="ga-td-line" rowspan="2">%</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">11</td> </tr> </tbody></table>
C.	10%
D.	12%
Answer» C. 10%

Discussion

38.	The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?
A.	Rs. 2000
B.	Rs. 2200
C.	Rs. 2400
D.	Data inadequate
Answer» B. Rs. 2200

Discussion

39.	On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:
A.	Rs. 45
B.	Rs. 50
C.	Rs. 55
D.	Rs. 60
Answer» E.

Discussion

40.	A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?
A.	Rs. 18.20
B.	Rs. 70
C.	Rs. 72
D.	Rs. 88.25
Answer» D. Rs. 88.25

Discussion

41.	A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?
A.	Rs. 1090
B.	Rs. 1160
C.	Rs. 1190
D.	Rs. 1202
Answer» D. Rs. 1202

Discussion

42.	Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?
A.	3.5
B.	4.5
C.	5.6
D.	6.5
Answer» D. 6.5

Discussion

43.	When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?
A.	Rs. 21,000
B.	Rs. 22,500
C.	Rs. 25,300
D.	Rs. 25,800
Answer» D. Rs. 25,800

Discussion

44.	If selling price is doubled, the profit triples. Find the profit percent.
A.	<table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">66</td> <td class="ga-td-divident">2</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">3</td> </tr> </tbody></table>
B.	100
C.	<table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">105</td> <td class="ga-td-divident">1</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">3</td> </tr> </tbody></table>
D.	120
Answer» C. <table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">105</td> <td class="ga-td-divident">1</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">3</td> </tr> </tbody></table>

Discussion

45.	A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?
A.	3
B.	4
C.	5
D.	6
Answer» D. 6

Discussion

46.	100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is:
A.	<table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">14</td> <td class="ga-td-divident">2</td> <td class="ga-td-line" rowspan="2">% gain</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">7</td> </tr> </tbody></table>
B.	15% gain
C.	<table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">14</td> <td class="ga-td-divident">2</td> <td class="ga-td-line" rowspan="2">% loss</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">7</td> </tr> </tbody></table>
D.	15 % loss
Answer» B. 15% gain

Discussion

47.	Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:
A.	30%
B.	<table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">33</td> <td class="ga-td-divident">1</td> <td class="ga-td-line" rowspan="2">%</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">3</td> </tr> </tbody></table>
C.	35%
D.	44%
Answer» E.

Discussion

48.	A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:
A.	No profit, no loss
B.	5%
C.	8%
D.	10%
E.	None of these
Answer» C. 8%

Discussion

49.

What is the percent profit earned by the shopkeeper on selling the articles in his shop?
I.
Labeled price of the articles sold was 130% of the cost price.
II.
Cost price of each article was Rs. 550.
III.
A discount of 10% on labeled price was offered.

A.

Only I

B.

Only II

C.

I and III

D.

All the three are required

E.

Question cannot be answer even with information in all the three statements.

Answer» D. All the three are required

Discussion

50.

By selling an article what is the profit percent gained?
I.
5% discount is given on list price.
II.
If discount is not given, 20% profit is gained.
III.
The cost price of the articles is Rs. 5000.

A.

Only I and II

B.

Only II and III

C.

Only I and III

D.

All I, II and III

E.

None of these

Answer» B. Only II and III

Discussion

Explore topic-wise MCQs in Aptitude.

The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?

The cost price of 20 articles is the same as the selling price of articles. If the profit is 25%, then the value of is:

A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:

The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?

The cost price of 20 articles is the same as the selling price of articles. If the profit is 25%, then the value of is:

A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:

Teenagers shoe company sells the shoes whose prices i.e.,cost price and selling price are the multiples of either 13,14,15,16,17,18 or 19, starting from Rs. 399 to Rs.699 (i.e, 399 <_ cp what can be the maximum profit of company> Rs. 292 Rs. 398 Rs. 298 Rs. 300

Radhey Lal markup the prices of sweets by 40% and he sold only 40% of those at this price. He sells half of the rest at 142/4% discount and rest at 25% discount. What is the net profit of Radhey Lal?

A bookseller sells a book at a gain of 10%. if he had bought it at 4% less and sold it for 6 more, he would have gained 1183/4%. The CP of the book is ?

A dishonest dealer professes to sell his goods at cost price. But he uses a false weight and thus gains 618/47 % . For a kg, he uses a weight of ?

An article is sold at a certain prices. By selling it at 2/3 of that price one loses 10%. The gain percent at original price is ?

By selling 8 dozen of pencils, a shopkeeper gains the selling price of a 1 dozen pencils. His gain percent is ?

A person wants to reduce the trade tax so he calculates his profit on the sale price instead of on the cost price.In this way by selling a article for Rs. 280 he calculates his profit as 142/7%. What is his actual profit percentage ?

The selling price of 12 articles is equal to the cost price of 15 articles. The gain per cent is ?

A shopkeeper sells (3/4)th of its articles at a gain of 20% and the remaining at C.P. His real gain in the transaction is ?

By selling a cellphone for 2400, a shopkeeper make a profit of 25%. Then, his profit percentage, if he had sold it for 2040, is

A radio dealer sold radio at a loss of 2.5%. Had he sold it for Rs. 100 more, he would have gained 71/2 %. In order to gain 121/2 % he should sell it for ?

A gold bracelet is sold for 14500 at a loss of 20%. What is the cost price of the gold bracelet?

A dealer professing to sell at cost price uses a 900 gms weight for a kilogram. His gain percent is ?

By selling an article for Rs. 100, one gains Rs. 10. Then the gain percent is ?

By selling an article for Rs. 247.50 we get a profit of 121/2 %. The cost of the article is ?

An umbrella marked at Rs. 80 is sold for Rs. 68. The rate of discount of ?

If the cost price of 23 toys is equal to selling price of 20 toys. Then the gain or loss percentage is ?

The reduction of $ 12 in the selling price of an article will change 5% gain into (2 1 / 2 )% loss. The cost price of the article is

If a commission at the rate of 10% is given to a bookseller on the marked price of a book by the publisher, the publisher gains 20%. If the commission is increased to 15%, then the gain percent would be:

A sold a tape-recorder to B for $ 4,860 at a loss of 19%. Again B sold it to C at a price that would give A a profit of 17%. The gain% of B is

A sells an article to B at a gain of 10%. B sells it to C at a gain of 7 1 / 2 % . C disposes of it at a loss of 25%. If the prime cost to the manufacturer A was $ 3200 then the price obtained by C is

In a business partnership among A, B, C and D, the profit is shared as follows: A s share = B s share = C s share = 1B s shareC s shareD s share3If the total profit is $ 4,00,000, then, the share of C is

On selling an almirah for $ 2576, a person got a profit of 12%. Had it been bought for $ 100 less, the profit percent would have been

A dishonest shopkeeper professes to sell goods at his cost price but uses a false weight of 950 gms, for each kilogram. His gain percent is :

There is a profit of 20% on the cost price of an article. The % of profit, when calculated on selling price is

In terms of percentage profit, which is the best transaction?C.P. (in $) Profit (in $) A. 36 17 B. 5024C. 40 19D. 60 29

The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:

Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:

The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:

A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?

A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?

Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?

When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?

If selling price is doubled, the profit triples. Find the profit percent.

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is:

Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:

A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:

What is the percent profit earned by the shopkeeper on selling the articles in his shop? I. Labeled price of the articles sold was 130% of the cost price. II. Cost price of each article was Rs. 550. III. A discount of 10% on labeled price was offered.

By selling an article what is the profit percent gained? I. 5% discount is given on list price. II. If discount is not given, 20% profit is gained. III. The cost price of the articles is Rs. 5000.

Teenagers shoe company sells the shoes whose prices i.e.,cost price and selling price are the multiples of either 13,14,15,16,17,18 or 19, starting from Rs. 399 to Rs.699 (i.e, 399 <_ cp what can be the maximum profit of company>

Rs. 292

Rs. 398

Rs. 298

Rs. 300

Radhey Lal markup the prices of sweets by 40% and he sold only 40% of those at this price. He sells half of the rest at 14²/₄% discount and rest at 25% discount. What is the net profit of Radhey Lal?

A bookseller sells a book at a gain of 10%. if he had bought it at 4% less and sold it for 6 more, he would have gained 118³/₄%. The CP of the book is ?

A dishonest dealer professes to sell his goods at cost price. But he uses a false weight and thus gains 6¹⁸/₄₇ % . For a kg, he uses a weight of ?

A person wants to reduce the trade tax so he calculates his profit on the sale price instead of on the cost price.In this way by selling a article for Rs. 280 he calculates his profit as 14²/₇%. What is his actual profit percentage ?

A shopkeeper sells (3/4)^th of its articles at a gain of 20% and the remaining at C.P. His real gain in the transaction is ?

A radio dealer sold radio at a loss of 2.5%. Had he sold it for Rs. 100 more, he would have gained 7¹/₂ %. In order to gain 12¹/₂ % he should sell it for ?

By selling an article for Rs. 247.50 we get a profit of 12¹/₂ %. The cost of the article is ?

The reduction of $ 12 in the selling price of an article will change 5% gain into (2 ¹ / ₂ )% loss. The cost price of the article is

A sells an article to B at a gain of 10%. B sells it to C at a gain of 7 ¹ / ₂ % . C disposes of it at a loss of 25%. If the prime cost to the manufacturer A was $ 3200 then the price obtained by C is

In a business partnership among A, B, C and D, the profit is shared as follows:
A s share = B s share = C s share = 1
B s share C s share D s share 3

If the total profit is $ 4,00,000, then, the share of C is

In terms of percentage profit, which is the best transaction?
C.P. (in $) Profit (in $)
A. 36 17
B. 50 24
C. 40 19
D. 60 29

What is the percent profit earned by the shopkeeper on selling the articles in his shop?
I.
Labeled price of the articles sold was 130% of the cost price.
II.
Cost price of each article was Rs. 550.
III.
A discount of 10% on labeled price was offered.

By selling an article what is the profit percent gained?
I.
5% discount is given on list price.
II.
If discount is not given, 20% profit is gained.
III.
The cost price of the articles is Rs. 5000.