Aptitude  Profit and Loss  Practice Q&A

1. 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:

Rs. 45 Rs. 50 Rs. 55 Rs. 60

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

3 4 5 6

3. 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%?

Rs. 21,000 Rs. 22,500 Rs. 25,300 Rs. 25,800

4. If a material is sold for Rs.34.80, there is a loss of 25%. Find out the cost price of the material?

Rs.46.40 Rs.44 Rs.42 Rs.47.20

5. 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?

Rs. 18.20 Rs. 70 Rs. 72 Rs. 88.25

6. 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:

4$ \dfrac{4}{7} $% 5$ \dfrac{5}{11} $% 10% 12%

7. A shopkeeper sells his goods at cost price but uses a weight of 800 gm instead of kilogram weight. What is his profit percentage?

18% 40% 25% 20%

8. A trader gives 12% additional discount on the discounted price, after giving an initial discount of 20% on the labeled price of an item. The final sale price of the item is Rs.704. Find out the labeled price?

1000 2000 1200 920

9. If a seller reduces the selling price of an item from Rs.400 to Rs.380, his loss increases by 2%. What is the cost price of the item?

1000 800 1200 1100

10. Prasanth bought a car and paid 10 % less than the original price. He sold it with 30% profit on the price he had paid. What percentage of profit did he earn on the original price?

17% 16% 18% 14%

 

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