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Profit and Loss - 1 (Level : Moderate)

There are 15 questions on Quantitative Aptitude on the topic Profit and Loss for bank po/clerk, ssc, class IX etc.

15 Questions Published
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Questions

Question 1 Multiple Choice (Single Answer)

A woman buys an old washing machine for Rs. 16500 and spends Rs. 1200 on its repairing. She also spends Rs. 300 on transport fare. If she sells the washing machine for Rs. 24000, then find her gain percentage.

  1. 33.33%
  2. 30.33%
  3. 30%
  4. 20%
  5. None of these
Question 2 Multiple Choice (Single Answer)

A vendor bought 12 toffees for Rs. 10. Find the total selling price at the profit of 10.5%.

  1. Rs. 11.50
  2. Rs. 11.00
  3. Rs. 11.05
  4. Rs. 12.00
  5. None of these
Question 3 Multiple Choice (Single Answer)

18 articles were bought for Rs. 12 and 15 articles were sold for Rs. 16. Find the gain percentage.

  1. 30%
  2. 60%
  3. 40%
  4. 50%
  5. None of these
Question 4 Multiple Choice (Single Answer)

In a certain medicine store, the profit is 120% of the cost price of the medicine. If the cost price of the medicine is increased by 5%, but the selling price remains same, then find the new profit percent?

  1. 120%
  2. 109.52%
  3. 100%
  4. 150%
  5. None of these
Question 5 Multiple Choice (Single Answer)

On selling 13 toys for Rs. 1560, there is a loss equal to the cost price of 3 toys. The cost price of a toy is

  1. Rs. 154
  2. Rs. 134
  3. Rs. 156
  4. Rs. 120
  5. None of these
Question 6 Multiple Choice (Single Answer)

A man buys a cycle for Rs. 3350 and sells it at a profit of 15.5%. What is the selling price of the cycle?

  1. Rs. 3860.25
  2. Rs. 3860.50
  3. Rs. 3869.50
  4. Rs. 3869.25
  5. None of these
Question 7 Multiple Choice (Single Answer)

Suresh purchased 30 dozens of bananas at the rate of Rs. 60 per dozen. He sold each one of them at the rate of Rs. 6. What was his percentage profit?

  1. 30%
  2. 25%
  3. 20%
  4. 35%
  5. None of these
Question 8 Multiple Choice (Single Answer)

The cost price of 12 articles is the same as the selling price of “n” articles. If the profit is 20%, then the value of “n” is

  1. 15
  2. 10
  3. 9
  4. 20
  5. None of these
Question 9 Multiple Choice (Single Answer)

A trader mixes 11 kg of pulses at Rs. 31 per kg with 14 kg of pulses of other variety at Rs. 41 per kg and sells the mixture at a profit of 12%. Find the selling price of pulses per kg.

  1. Rs. 41
  2. Rs. 43
  3. Rs. 45
  4. Rs. 44
  5. None of these
Question 10 Multiple Choice (Single Answer)

A shopkeeper gets a gain of 21.5% on his cost price. If his total sale was Rs. 4225, then what was his profit?

  1. Rs. 747.50
  2. Rs. 747.00
  3. Rs. 747.63
  4. Rs. 747.60
  5. None of these
Question 11 Multiple Choice (Single Answer)

The percentage profit earned by selling an article for Rs. 1470 is equal to the percentage loss incurred by selling the same article for Rs. 980. At what price should the article be sold to make 10% profit?

  1. Rs. 1347.50
  2. Rs. 1350.50
  3. Rs. 1300.50
  4. Rs. 1340.50
  5. None of these
Question 12 Multiple Choice (Single Answer)

A man got a discount of 40% on the marked price of an article and sold it for Rs. 7020 with 30% profit on the price he bought. What was the marked price?

  1. Rs. 9000
  2. Rs. 10000
  3. Rs. 12000
  4. Rs. 8000
  5. None of these
Question 13 Multiple Choice (Single Answer)

By selling 50 articles for Rs. 35, a man loses 30%. How many should he sell for Rs. 25 to gain 25% in the transaction?

  1. 16
  2. 18
  3. 20
  4. 22
  5. None of these
Question 14 Multiple Choice (Single Answer)

Cost price of an article is Rs. 565 when a man sells it at a profit of 35%. Find the selling price of the article.

  1. Rs. 762.75
  2. Rs. 762.50
  3. Rs. 700
  4. Rs. 800
  5. None of these
Question 15 Multiple Choice (Single Answer)

Due to reduction of 10% in the price of an article, a customer can purchase 10 articles more for Rs. 360. What is original price of an article?

  1. Rs. 3
  2. Rs. 4
  3. Rs. 5
  4. Rs. 6
  5. None of these
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