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Profit & Loss aptitude questions and solutions
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Profit & Loss aptitude questions and solutions
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Exercise:. The profit obtained by selling an article for Rs.56
is the same as the loss obtained a
by selling it for Res.42.
What is the cost price ofthe article?
Rs.40 2) Rs.50
1)
Rs.49 4) None of these
3)
A dealer professes to sell his goods at cost price and uses an 880gm weight instead ofa kg. What is hic
2
percentage of gain?
1) 13.13% 2) 13.33%
3) 13.36% 4) 13.63%
Psold an article for Rs.1,080 thereby losing 10% Q sold another article for Rs.1,800 at a loss of 10%. Who
incurred a greater loss?
1) P 2) Q
3) Cannot say 4) Both have equal
4. Swapna bought 15 apples for Rs.10 and sold them at the rate of 12 apples for Rs.12. What is the percentage
of profit made by her?
1) 100% 2) 150%
3) 125% 4) None of these
By selling some cloth at the cost price a merchant still gained 19/,,%. How much less cloth does he measur
for a meter?
1) 1Scm 2) 16cm
3) 20cm 4) None of these
6 30% loss on cost price in what percent loss on selling price?
1) 30% 2) 20%
3) 15% 4) None of these
1. Arun purchased house for Rs.75,000 and a site for
a
Rs.15,000 respectively, if he sold the house
Rs.83,000 and the site for Rs.10,000, then find the resultant
percentage of gain'?
1) 3%
2) 3%
3) 30% 4) 337
8. The manufacturing cost of'a watch is Rs.180 and the transportation lost is Rs.500 for .W
100 watehes.
will be theselling price if it is sold at 20% gains
, 1) Rs.222 Rs.216
2)
3) Rs.221 4) Rs.220
9. A person, byselling an article at three-fourths ofthe list price incurs a lossof20%. Find the profit percentage
ifhe sells at the list price?
1) 25% 2) 6.66%
3) 11,% 4) None ofthese
10. A sellsanarticle to B at a gain of 20%. B sells is to C at a gain of25% and C in turn sells is toD at a loss of
33,%.IfD paid Rs. 1,000 for it, then what is the cost price ofA.
1) Rs.1,000 2) Rs.2,000
3) Rs.3,000 4) Rs.4,000
11. Ajay had purchased a second hand scooter for 18,000 and spent Rs.1,800 for repairs. After one year he
wanted to sell the scooter. At what price should he sell it to gain
end ofevery year on account
11,%,if9/,% is to be deducted at the
ofdeprecation?
1) Rs.18,000 2) Rs.19,800
3)
3) Rs.20,000
4) Rs.22,500
12. After getting three equal successive discount percentages over a marked price of Rs.1,000 a customer has
to pay 729 for an article. What is the rate ofeach of the successive discounts?
1) 10% 2) 20%
3) 30% 4) 40%
13 One-fifth ofthe cost price, one-seventh of the marked price and one-sixth ofthe selling price are all equal.
What is the gain or loss to the trader?
1) 20% gain 2) 16/% loss
3) 141,% gain 4) 10% loss
14. Due to a slump in the market, A, while selling 12 apples to B, allows him to count them as 9. But due to an
overnight demand A is forced to buy them back at the same rate as he sold and allows Bto count 9 apples
as 12. What is overall
gain percentage of B
1) 771,% 2) 75%
3) 50% 4) 66/,%
15. A trader offers to give two articles free for every 10 articles l purchase. l get a total of 10 articles free for my
purchase and I sell them all at a rate such that I get back my investment from the sae ofjust 10 ofthe articles.
What is my overall percentage of prolit
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