Profit and Loss Questions and answers

  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
21). A person buys a book for Rs.200 and sells it for Rs.225. What will be his gain percent?
A). 13%
B). 14%
C). 18.4%
D). 12.5%
22). A salesman expects a gain of 13% on his cost price. If in a month, his sale was Rs.791000, what was his profit?
A). Rs.91000
B). Rs.97786
C). Rs.85659
D). Rs.88300
23). A gold bracelet is sold for Rs. 14500 at a loss of 20%. What is the cost price of the gold bracelet?
A). Rs. 18125
B). Rs.17400
C). Rs.15225
D). Rs.16800
24). Anita purchased a bicycle at a cost of Rs. 3200. She sold it at a loss of Rs.240. At what price did she sell the bicycle?
A). Rs.2960
B). Rs.2690
C). Rs.3440
D). Rs.3360
25). By selling a cycle for Rs. 2345,a student loses 19%. His cost price is nearly


A). Rs. 4000
B). Rs.5000
C). Rs.3000
D). Rs.3500


26). Assuming that profit of shopkeeper in a particular commodity is a liner expression of transportation charge(t) and the quantity of commodity(q). He earns a profit of Rs.10000 by selling 20 units of transport charge of Rs.400. He also earns a profit of Rs.12000 by selling 25 units at the transport charge of Rs. 600. What is the linear expression in t and q?
A). 600q - 5t
B). 500q - 4t
C). 600q - 4t
D). 500q - 5t
27). A person bought 8 quintal of rice for certain rupees. After a week, he sold 3 quintal of rice at 10% profit, 3 quintal of rice with neither profit nor loss and 2 quintal at 5% loss. In this transaction what is the profit?
A). 10%
B). 20%
C). 2.5%
D). None of these
28). A book seller sells a book at a gain of 10%. If he had bought it at 4% less and sold it for Rs.6 more, he would have gained \( \large118\frac{3}{4}%\). The CP of the book is
A). Rs.130
B). Rs.140
C). Rs.150
D). Rs.160
29). A dealer bought 80 cricket bats for Rs. 50 each. He sells 20 of them at a gain of 5%. What must be the gain percentage of the remaining bats, so as to get 10% gain on the whole?
A). \( \large3\frac{2}{11}% \)
B). \( \large12\frac{1}{2} \)
C). \( \large11\frac{2}{3} \)
D). Rs. 3350
30). A merchant earns a profit of 20% by selling a basket containing 80 apples whose cost is Rs.240 but he gives one fourth of it to his friend at cost price and sells the remaining apples. In order to earn the same profit, at what price must he sell each apple?
A). Rs. 3.00
B). Rs. 3.60
C). Rs. 3.80
D). Rs. 4.80
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