Profit and Loss - Intermediate Level: tricky scenarios handling Profit and Loss INTERMEDIATE

This expert challenge 📈 worksheet focuses on Profit and Loss - a key topic in Data Sufficiency. You'll solve 20 intermediate-level problems (Worksheet 5 of 10). The primary focus is on tricky scenarios handling. Master how to solve profit and loss, profit and loss tricks, and profit and loss shortcut methods through systematic practice.

📝 Worksheet 5 of 10 • 20 questions • ⏱️ Estimated time: 20 minutes • 🎯 Intermediate level

What you'll learn in this worksheet:

Master how to solve profit and loss through focused practice
Understand the logic behind profit and loss tricks
Learn step-by-step approaches to tricky scenarios handling
Improve your solving speed while maintaining accuracy
Learn to eliminate wrong options efficiently

Your progress through Profit and Loss

Worksheet 5 of 10 (44% complete)

Question 1

Question: What is the marked price of the article? Statement (1): After a 10% discount, selling price is Rs. 900. Statement (2): Profit earned is 20% on cost price of Rs. 750.

Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.

Question 2

Question: What is the marked price of the article? Statement (1): After a 10% discount, selling price is Rs. 900. Statement (2): Profit earned is 20% on cost price of Rs. 750.

Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.

Question 3

Question: What is the marked price of the article? Statement (1): After a 10% discount, selling price is Rs. 900. Statement (2): Profit earned is 20% on cost price of Rs. 750.

Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.

Question 4

Question: What is the marked price of the article? Statement (1): After a 10% discount, selling price is Rs. 900. Statement (2): Profit earned is 20% on cost price of Rs. 750.

Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.

Question 5

Question: What is the cost price of the article? Statement (1): Selling price is Rs. 1200 with a profit of 20%. Statement (2): If sold at Rs. 900, the loss would be 10%.

Statement (1): CP = 1200/1.2 = Rs. 1000. Statement (2): CP = 900/0.9 = Rs. 1000.

Question 6

Question: What is the cost price of the article? Statement (1): Selling price is Rs. 1200 with a profit of 20%. Statement (2): If sold at Rs. 900, the loss would be 10%.

Statement (1): CP = 1200/1.2 = Rs. 1000. Statement (2): CP = 900/0.9 = Rs. 1000.

Question 7

Question: What is the marked price of the article? Statement (1): After a 10% discount, selling price is Rs. 900. Statement (2): Profit earned is 20% on cost price of Rs. 750.

Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.

Question 8

Question: What is the marked price of the article? Statement (1): After a 10% discount, selling price is Rs. 900. Statement (2): Profit earned is 20% on cost price of Rs. 750.

Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.

Question 9

Question: What is the cost price of the article? Statement (1): Selling price is Rs. 1200 with a profit of 20%. Statement (2): If sold at Rs. 900, the loss would be 10%.

Statement (1): CP = 1200/1.2 = Rs. 1000. Statement (2): CP = 900/0.9 = Rs. 1000.

Question 10

Question: What is the marked price of the article? Statement (1): After a 10% discount, selling price is Rs. 900. Statement (2): Profit earned is 20% on cost price of Rs. 750.

Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.

Question 11

Question: What is the marked price of the article? Statement (1): After a 10% discount, selling price is Rs. 900. Statement (2): Profit earned is 20% on cost price of Rs. 750.

Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.

Question 12

Question: What is the marked price of the article? Statement (1): After a 10% discount, selling price is Rs. 900. Statement (2): Profit earned is 20% on cost price of Rs. 750.

Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.

Question 13

Question: What is the marked price of the article? Statement (1): After a 10% discount, selling price is Rs. 900. Statement (2): Profit earned is 20% on cost price of Rs. 750.

Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.

Question 14

Question: What is the marked price of the article? Statement (1): After a 10% discount, selling price is Rs. 900. Statement (2): Profit earned is 20% on cost price of Rs. 750.

Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.

Question 15

Question: What is the marked price of the article? Statement (1): After a 10% discount, selling price is Rs. 900. Statement (2): Profit earned is 20% on cost price of Rs. 750.

Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.

Question 16

Question: What is the marked price of the article? Statement (1): After a 10% discount, selling price is Rs. 900. Statement (2): Profit earned is 20% on cost price of Rs. 750.

Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.

Question 17

Question: What is the cost price of the article? Statement (1): Selling price is Rs. 1200 with a profit of 20%. Statement (2): If sold at Rs. 900, the loss would be 10%.

Statement (1): CP = 1200/1.2 = Rs. 1000. Statement (2): CP = 900/0.9 = Rs. 1000.

Question 18

Question: What is the cost price of the article? Statement (1): Selling price is Rs. 1200 with a profit of 20%. Statement (2): If sold at Rs. 900, the loss would be 10%.

Statement (1): CP = 1200/1.2 = Rs. 1000. Statement (2): CP = 900/0.9 = Rs. 1000.

Question 19

Question: What is the marked price of the article? Statement (1): After a 10% discount, selling price is Rs. 900. Statement (2): Profit earned is 20% on cost price of Rs. 750.

Statement (1): MP = 900/0.9 = Rs. 1000. Statement (2): SP = 750 × 1.2 = Rs. 900, but discount not given, so MP cannot be determined.

Question 20

Question: What is the cost price of the article? Statement (1): Selling price is Rs. 1200 with a profit of 20%. Statement (2): If sold at Rs. 900, the loss would be 10%.

Statement (1): CP = 1200/1.2 = Rs. 1000. Statement (2): CP = 900/0.9 = Rs. 1000.

📝 Continue your Profit and Loss practice. Worksheet 5 focuses on tricky scenarios handling.

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