Quantitative Aptitude - Profit and Loss
Exam Duration: 60 Mins Total Questions : 30
I gain 70 paise on Rs. 70. My gain percent is :
- (a)
0.1%
- (b)
1 %
- (c)
7 %
- (d)
10 %
A shopkeeper sells some articles at the profit of 25% on the original price.What is the exact amout of profit?
To find the answer,which of the following information given in Statements I and II is/are necessary?
I.Sale price of the article.
II.Number of articles sold.
- (a)
Only I is necessary.
- (b)
Only II is necessary.
- (c)
Either I and II are necessary.
- (d)
Both I and II are necessary.
- (e)
None of these.
What would have been the selling price per kg of rice?
I. 50 kg of rice was purchased for Rs.3350 and Rs.150 were spent on transport.
II. Profit earned was 5%.
- (a)
If the data in statement I alone are sufficient to answer the question,while the data in statement II alone are not sufficient to answer the question.
- (b)
If the data in statement II alone are sufficient to answer the question,while the data in statement I alone are not sufficient to answer the question.
- (c)
If the data either in statement I or in the statement II are alone are sufficient to answer the question.
- (d)
If the data even in both statements I and II together are not sufficient to answer the question.
- (e)
If the data in both statements I and II together are necessary to answer the question.
If books bought at prices ranging from Rs.200 to Rs.350 are sold at prices ranging from Rs.300 to Rs.425, what is the greatest possible profit that might bc made in selling eight books?
- (a)
Rs.400
- (b)
Rs.600
- (c)
Cannot be determined
- (d)
None of these
How many articles were sold?
I.Total profit earned was Rs.1596.
II.Cost price per articles was Rs.632.
III.selling price per article was Rs.765.
- (a)
Any two of the three
- (b)
I and II only
- (c)
II and III only
- (d)
All I,II and III
- (e)
Question cannot be answered even with the information in all the three statement.
By selling an article for Rs.100,a man gains Rs.15.Then,his gain % is:
- (a)
15%
- (b)
\(12\frac{2}{3}\%\)
- (c)
\(17\frac{11}{17}\%\)
- (d)
\(17\frac{1}{4}\%\)
When a commodity is sold for Rs.34.80, there is a loss of 2%.What is the cost price of the commodity?
- (a)
Rs.26.10
- (b)
Rs.43
- (c)
Rs.43.20
- (d)
Rs.46.40
A shopkeeper excepts a gain of\(22\frac{1}{2}\%\) 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
A manufacturer undertakes to supply 2000 pieces of a particular component at Rs.25 per piece.According to his estimates, even if 5% fail to pass the quality tests, then he will make a profit of 25%.However, as it turned out, 50% of the components were rejected.What is the loss to the manufacturer?
- (a)
Rs.12,000
- (b)
Rs.13,000
- (c)
Rs.14,000
- (d)
Rs.15,000
When a plot is sld for Rs.18,700 the owner loses 15%, At what price must the plot be sold in order to gain 15%?
- (a)
Rs.21,000
- (b)
Rs.22,500
- (c)
Rs.25,300
- (d)
Rs.25,800
If selling price of an article is \(\frac {4}{3}\)of its cost price, the profit in the transaction is:
- (a)
\(16\frac{2}{3}\%\)
- (b)
\(20\frac{1}{2}\%\)
- (c)
\(25\frac{1}{2}\%\)
- (d)
\(33\frac{1}{3}\%\)
If selling price is doubled, the profit triples.Find the profit percent:
- (a)
\(66\frac{2}{3}\)
- (b)
100
- (c)
\(105\frac{1}{3}\)
- (d)
120
At what profit percent must an article be sold so that by selling at half that price, there may be a loss of 30%?
- (a)
25%
- (b)
36%
- (c)
40%
- (d)
42%
If by selling 110 mangoes, the C.P. of 120 mangoes is realised.the gain percent is:
- (a)
\(9\frac{1}{11}\%\)
- (b)
\(9\frac{1}{9}\%\)
- (c)
\(10\frac{10}{11}\%\)
- (d)
\(11\frac{1}{9}\%\)
A man sold 18 cots for Rs.16,800, gaining thereby the cost price of 3 cots.The cost price of a cot is:
- (a)
Rs.650
- (b)
Rs.700
- (c)
Rs.750
- (d)
Rs.800
Oranges are bought at the rate of 10 for Rs.25 and sold at the rate of 9 for Rs.25.The profit is:
- (a)
\(9\frac{1}{11}\%\)
- (b)
10%
- (c)
\(11\frac{1}{9}\%\)
- (d)
\(12\frac{1}{2}\%\)
Some articles were bought at 6 for Rs.5 and sold at 5 for Rs.6.Gain percent is:
- (a)
30%
- (b)
\(33\frac{1}{3}\%\)
- (c)
35%
- (d)
44%
A man bought a number of clips at 3 for a rupee and an equal number at 2 for a rupee.At what price per dozen should he sell them to make a profit of 20%?
- (a)
Rs.4
- (b)
Rs.5
- (c)
Rs.6
- (d)
Rs.7
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
A shopkeeper professes to sell his goods at cost price but uses a weight of 800 gm instead of kilogram weight.Thus,he makes a profit of :
- (a)
20%
- (b)
\(16\frac{2}{3}\%\)
- (c)
25%
- (d)
None of these
A shopkeeper cheats to the extent of 10% while buying as well as selling,by using false weights .His total gain is :
- (a)
10%
- (b)
11%
- (c)
20%
- (d)
21%
- (e)
\(22\frac{2}{9}\%\)
A man sells two flats at the rate of Rs.1.995 lakhs each.On one he gains 5% and on the other,he loses 5%:His gain or loss percent in the whole transaction is :
- (a)
0.25% loss
- (b)
0.25% gain
- (c)
2.5% loss
- (d)
25% loss
A man sells two commodities for Rs.400 each,neither losing nor gaining in the deal.If he sold one commodity at a gain of 25%,the other commodity is sold at a loss of :
- (a)
\(16\frac{2}{3}\%\)
- (b)
\(18\frac{2}{9}\%\)
- (c)
25%
- (d)
None of these
A man purchases two clocks A and B at a total cost of Rs.650.He sells A with 20% profit and B at a loss of 25% and gets the same selling price for both the clocks.What are the purchasing prices of A and B respectively ?
- (a)
Rs.225,Rs.425
- (b)
Rs.250,Rs.400
- (c)
Rs.275,Rs.375
- (d)
Rs.300,Rs.350
At what percent above the cost price must a shopkeeper mark his goods so that he gains 20% even after giving a discount of 10% on the marked price ?
- (a)
25%
- (b)
30%
- (c)
\(33\frac{1}{3}\%\)
- (d)
\(37\frac{1}{2}\%\)
A tradesman gives a 4% discount on the marked price and gives 1 article free for buying every 15 articles and thus gains 35%.The marked price is above the cost price by :
- (a)
20%
- (b)
39%
- (c)
40%
- (d)
50%
A shopkeeper fixes the marked price of an item 35% above its cost price.The percentage of discount allowed to gain 8% is :
- (a)
20%
- (b)
27%
- (c)
31%
- (d)
43%
A product when sold with 10% rebate on the listed price gave a profit of Rs.70.What was its cost price ?
- (a)
Rs.200
- (b)
Rs.350
- (c)
Rs.700
- (d)
Cannot be determined
- (e)
None of these
Kunal bought a suitcase with 15% discount on the labelled price.He sold the suitcase for Rs.2880 with 20% profit on the labelled price.At what price did he buy the suitcase?
- (a)
Rs.2040
- (b)
Rs.2400
- (c)
Rs.2604
- (d)
Rs.2640
- (e)
None of these
Komal buys an article at a discount of 25%.At what percentage above the cost price should he sell it to make a profit of 25% over the original list price ?
- (a)
25
- (b)
30
- (c)
40
- (d)
66.67