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
31). A man sold two horses for Rs.3000 each gaining 25% on the one and losing 25% on the other. His loss percent is
A). \( \Large 7\frac{1}{3}\% \)
B). \( \Large 6\frac{1}{4}\% \)
C). \( \Large 8\frac{1}{3}\% \)
D). \( \Large 5\frac{5}{9}\% \)
32). Rajan buys lemons at the rate of 9 for 80p and sells them at 11 for 120p. His gain per lemon is
A). \( \Large \frac{250}{11} \)
B). \( \Large \frac{11}{99} \)
C). \( \Large \frac{120}{99} \)
D). \( \Large \frac{11}{6} \)
33). Rajan sold his watch for Rs.75 and got a percentage of profit equal to the cost price. The cost price of the watch is
A). Rs.40
B). Rs.60
C). Rs.50
D). Rs.52.50
34). By selling 15 mangoes, a fruit seller gains the selling price of 3 mangoes. His gain is
A). 25%
B). 16%
C). 24%
D). 27%
35). By selling a towel for Rs.126.90, a draper loses 6%. For how much should he sell the towel to gain 4%?
A). Rs.130
B). Rs.140.40
C). Rs.145.05
D). Rs.160


36). By selling an article for Rs.3640, a man loses 9%. His gain or lose percent if he sells it for Rs.4200 is
A). no loss no gain
B). loss 5%
C). gain 5%
D). gain 7.5%
37). Rajan buys mangoes at the rate of 3 kg for Rs.21 and sells them at 5 kg. for Rs.50. To earn Rs.102 as profit, he must sell
A). 34 kg
B). 52 kg
C). 26 kg
D). 32 kg
38). Rajan purchased a refrigerator with a marked price of Rs.6000 in a sale where 25% discount was being offered on the marked price. He was given a further discount of 10% on the amount arrived at after giving 25% discount. What was the final amount paid by Rajan?
A). Rs.3900
B). Rs.4050
C). Rs.5400
D). Rs.5650
39). Profit earned by selling on article for Rs.1,060 is 20% more than the loss incurred by selling the article for Rs.950. At what price should the article he sold to earn 20% profit?
A). Rs.1,800
B). Rs.1,080
C). Rs.1,000
D). Rs.1,200
40). A merchant blends two varieties of tea from two different tea gardens, one costing Rs.45 per kg and other Rs.60 per kg in the ratio of 7 : 3 respectively. He sells the blended variety at Rs.54.45 per kg. His profit percent is
A). 5%
B). 10%
C). \( \Large 9\frac{1}{11}\% \)
D). \( \Large 11\frac{1}{6}\% \)
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