Quantitative Aptitude
Profit, Loss and Discount
2,604 Questions
Profit, Loss and Discount Questions
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Rs. $133$
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Rs. $143$
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Rs. $156$
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Rs. $176$
A
Correct answer
Explanation
The selling price is calculated by subtracting the discount from the marked price. Discount = 5% of 140 = 0.05 * 140 = 7. Selling price = 140 - 7 = 133.
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$Rs. 420; Rs.300$
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$Rs. 440; Rs.320$
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$Rs. 470; Rs.380$
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$Rs. 490; Rs.410$
A
Correct answer
Explanation
Let the cost prices be x and 720-x. The selling prices are 0.85x and 1.19(720-x). Setting them equal: 0.85x = 856.8 - 1.19x, so 2.04x = 856.8, giving x = 420. The other cost is 720 - 420 = 300.
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$10.4 \%$
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$12.7 \%$
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$15.36 \%$
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$19.23 \%$
A
Correct answer
Explanation
Let CP = 100, MP = 120. Sell 3/5 (60 units) at 120 = 72. Sell 2/5 (40 units) at 20% discount = 120 * 0.8 = 96. Total SP = 72 + (0.4 * 96) = 72 + 38.4 = 110.4. Profit = 10.4%.
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$\displaystyle 3\frac{1}{7}\%$
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$\displaystyle 3\frac{1}{8}\%$
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$\displaystyle 2\frac{1}{7}\%$
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none of these
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$40.625\%$
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$40.825\%$
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$40.675\%$
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$40.620\%$
A
Correct answer
Explanation
Let MP = 100. SP1 = 80. Profit = 25%, so CP = 80/1.25 = 64. If discount is 10%, SP2 = 90. Profit = (90-64)/64 = 26/64 = 0.40625, which is 40.625%.
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Profit = $\displaystyle 30\frac{2}{3}\%$
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Profit = $\displaystyle 3\frac{2}{3}\%$
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Profit = $\displaystyle 30\frac{1}{3}\%$
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Profit = $\displaystyle 20\frac{2}{3}\%$
A
Correct answer
Explanation
Total cost is 750 * 0.60 = 450. Selling 600 articles at a 40% profit on outlay means total revenue = 450 * 1.4 = 630. Selling price per article = 630 / 600 = 1.05. Selling 560 articles yields 560 * 1.05 = 588. Profit = 588 - 450 = 138. Profit percentage = (138 / 450) * 100 = 30.66%, which is 30 2/3%.
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$16.6\%$ profit
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$16.6\%$ loss
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$19.6\%$ profit
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$19.6\%$ loss
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5$\displaystyle{\frac{15}{17}}$
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8$\displaystyle{\frac{2}{3}}$
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12$\displaystyle{\frac{1}{2}}$
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11$\displaystyle{\frac{1}{9}}$
C
Correct answer
Explanation
Cost of 9 pens = 9C. Selling price of 8 pens = 9C. Selling price of 1 pen = (9/8)C. Profit = (9/8)C - C = (1/8)C. Profit percent = (1/8) * 100 = 12.5%.
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Rs 319.6
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Rs 303.6
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Rs 306.3
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Rs 313.6
D
Correct answer
Explanation
The marked price is 5600 * 1.12 = 6272. A 5% discount on 6272 is 6272 * 0.05 = 313.6.
D
Correct answer
Explanation
Let CP = 100. Desired SP = 110. Let MP be x. 0.80x = 110, so x = 110 / 0.8 = 137.5. The markup is 37.5%.
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15 % profit
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15 % loss
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12 % profit
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12 % loss
A
Correct answer
Explanation
Let total pens = 400 (for easy math). 1/4 = 100 pens sold at 0% profit (0 profit). Remaining 300 pens sold at 20% profit. Total profit = 300 * 0.20 * CP = 60 * CP. Overall profit % = (60 * CP) / (400 * CP) = 60/400 = 15%.
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Rs. $1240$
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Rs. $1400$
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Rs. $1440$
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Rs. $1600$
C
Correct answer
Explanation
Profit = 20% of CP. Profit = SP - CP = 240. 0.2 * CP = 240, so CP = 1200. SP = CP + 240 = 1440.
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Rs. $ 877.80$
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Rs. $798$
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Rs. $ 924$
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Rs. $ 37.80$
A
Correct answer
Explanation
Initial cost = 840. After 10% gain, price = 840 * 1.10 = 924. After 5% loss on 924, price = 924 * 0.95 = 877.80.
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$16 \dfrac {2}{3}$ $\%$
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$18\%$
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$20\%$
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$25\%$
C
Correct answer
Explanation
Let CP be the cost price and SP be the selling price. 12 * CP = 10 * SP, so SP/CP = 12/10 = 1.2. The profit is 0.2, which is 20%.
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neither gain nor loss
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$20 \%$ gain
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$20 \%$ loss
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$2 \%$ gain
A
Correct answer
Explanation
Loss = (1/7)CP. SP = CP - (1/7)CP = (6/7)CP = 144. So CP = 144 * 7 / 6 = 168. Selling at 168 means SP = CP, so there is neither gain nor loss.