Profit and Loss Questions and answers

Topics

  1. Aptitude
    1. Compound interest
    2. Boat and Stream
    3. Trains
    4. Percentage
    5. Discount
    6. Mixture and Allegation
    7. Unitary Method
    8. Work and Wages
    9. Pipes and Cisterns
    10. Linear Equations
    11. Approximation
    12. Word problems
    13. Number System
    14. Time and Distance
    15. Average
    16. Ratio and Proportions
    17. Profit and Loss
    18. Partnership
    19. Permutation and combination
    20. Probability
    21. Problem on ages
    22. Time and work
    23. Simple and compound interest
    24. Mensuration
    25. Number series
11). A trader sells an article at Rs. 130 which he had bought for Rs. 90. The gain is
A). \( \large 34 \frac{4}{9} %\)
B). \( \large 42 \frac{4}{9} %\)
C). \( \large 44 \frac{4}{9} %\)
D). \( \large 44 %\)
12). By selling 150 mangoes, a fruit seller gains the selling price for 30 mangoes. His gain is
A). 25%
B). 16%
C). 24%
D). 17%
13). By selling 25 pens, a man loses the cost price of 5 pens. His losses is
A). 25%
B). 20%
C). 16%
D). 24%
14). By selling an article for Rs. 364, a man loses 9%. His gian or loss percent if he sells it for Rs. 420 is
A). No loss no gain
B). Loss 5%
C). Gain 5%
D). None of these
15). Rahim buys mangoes at the rate of 3 kg for Rs.21 and sells them at 5kg for Rs. 50. To earn Rs. 102 as profit, he must sell
A). 34 kg
B). 52 kg
C). 26 kg
D). 32 kg


16). By selling 8 dozen pencils, a shopkeeper gains the selling price of 1 dozen pencils. What is the gain?
A). \( \large12 \frac{1}{2}% \)
B). \( \large13 \frac{1}{7}% \)
C). \( \large14 \frac{2}{7}% \)
D). \( \large87 \frac{1}{2}% \)
17). A refrigerator and a camera were sold for Rs. 12000 each. The refrigerator was sold at a loss of 20% of the cost and camera at a gain of 20% of the cost. The entire transaction results in which one of the following?
A). No loss or gain
B). Loss of Rs. 1000
C). Gain of Rs. 1000
D). Loss of Rs. 2000
18). A person bought a certain number of books for Rs. 80. If he had bought 4 more books for the same sum, each book would have cost Rs. 1 less. What is the price of each book?
A). Rs. 10
B). Rs. 8
C). Rs. 5
D). Rs. 4
19). The marked price of a machine is Rs.18000. By selling it at a discount of 20%, the loss is 4%. What is the cost price of the machine?
A). Rs. 10000
B). Rs.12000
C). Rs.14000
D). Rs.15000
20). A man buys 4 tables and 5 chairs for Rs. 1000. If he sells the tables at 10 % profit and chairs at 20% profit, he earns a profit of Rs.120. What is the cost of one table?
A). Rs. 200
B). Rs. 220
C). Rs. 240
D). Rs. 260
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