Aptitude  Profit and Loss  Practice Q&A

1. Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:

30% 33$ \dfrac{1}{3} $% 35% 44%

2. A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?

Rs. 1090 Rs. 1160 Rs. 1190 Rs. 1202

3. In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

30% 70% 100% 250%

4. By selling an item for Rs.15, a trader loses one sixteenth of what it costs him. The cost price of the item is

Rs.14 Rs.15 Rs.16 Rs.17

5. A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. His total gain or loss percent is:

5$ \dfrac{15}{17} $% loss 5$ \dfrac{15}{17} $% gain 6$ \dfrac{2}{3} $% gain None of these

6. If selling price is doubled, the profit triples. Find the profit percent.

66$ \dfrac{2}{3} $ 100 105$ \dfrac{1}{3} $ 120

7. 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%

8. The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

Rs. 2000 Rs. 2200 Rs. 2400 Data inadequate

9. A fruit seller sells apples at the rate of Rs.9 per kg and thereby loses 20%. At what price per kg, he should have sold them to make a profit of 5%?

11.32 11 12 11.81

 

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