Aptitude  Profit and Loss  Practice Q&A - Easy

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11. 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:

No profit, no loss 5% 8% 10%
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12. An article is purchased for Rs. 450 and sold for Rs. 500. Find the gain percent.

100/9 % 100% 100/5% 10 %
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13. A man sold a fan for Rs. 465. Find the cost price if he incurred a loss of 7%.

Rs. 550 Rs. 600 Rs. 50 Rs. 500
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14. In a transaction, the profit percentage is 80% of the cost. If the cost further increases by 20% but the selling price remains the same, how much is the decrease in profit percentage?

20% 30% 40% 50%
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15. A man bought some toys at the rate of 10 for Rs. 40 and sold them at 8 for Rs. 35. Find his gain or loss percent.

9.400% 9% 9.375% 10%
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16. The cost price of 10 pens is the same as the selling price of n pens. If there is a loss of 40%, approximately what is the value of n?

17 (approx) 16 (approx) 15 (approx) 14 (approx)
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17. A dishonest merchant sells his grocery using weights 15% less than the true weights and makes a profit of 20%. Find his total gain percentage.

40% 40.17% 41.17% 41%
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18. A TV is purchased for Rs.3000 and sold for Rs.2500. Find the profit or loss percentage.

Profit 15.25% Loss 16.67% Loss 15.25% Profit 16.67%
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19. Anu bought oranges at the rate of 10 for Rs.40 and sold them at the rate of 15 for Rs.75. How many oranges should be sold to make a net profit of Rs.50?

45 48 50 53
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20. A shopkeeper sold two dolls at Rs.500 each. He sold one at 20% of loss and other at 20% profit. Find his profit or loss percentage.

Profit 5% Profit 4% Loss 5% Loss 4%
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