Aptitude - Profit And Loss

A man bought some shares at a price of 16 shares for Rs. 100 and sold them at a price of Rs. 10 each. Find his profit or loss percentage?

A.  50%

B.  60%

C.  70%

D.  80%

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When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?

A.  Rs. 18,300

B.  Rs. 21,300

C.  Rs. 25,300

D.  Rs. 27,300

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On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:

A.  Rs. 45

B.  Rs. 50

C.  Rs. 55

D.  Rs. 60

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Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?

A.  3.6

B.  4.6

C.  5.6

D.  6.5

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A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?

A.  Rs. 1090

B.  Rs. 1019

C.  Rs. 1190

D.  Rs. 1290

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A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?

A.  Rs. 68

B.  Rs. 70

C.  Rs. 72

D.  Rs. 74

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The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

A.  Rs. 2000

B.  Rs. 2200

C.  Rs. 2400

D.  Rs. 2600

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In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

A.  20%

B.  30%

C.  50%

D.  70%

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The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:

A.  15

B.  16

C.  17

D.  18

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Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:

A.  32/7%

B.  60/11%

C.  10/7%

D.  12/11%

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Mr. Bagdi purchased an Air Conditioner for Rs. 12,000/- and sold it for Rs. 15,000/-. What was the profit percentage?

A.  25

B.  35

C.  20

D.  15

E.  None of these

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A shopkeeper purchased 25 items at 36 Rs per item. He spent 100 Rs on transportation of these items. What should be the selling price of each item if he wants to make 22.5% as profit?

A.  49 Rs

B.  45 Rs

C.  47 Rs

D.  51 Rs

E.  None of these

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The price of 2 sarees and 4 shirts is Rs. 1600. With the same money one can buy 1 saree and 6 shirts. If one wants to buy 12 shirts, how much shall he have to pay?

A.  Rs. 1200

B.  Rs. 2400

C.  Rs. 4800

D.   Cannot be determined

E.   None of these

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Pure milk cost  3.60 per litre. A milkman adds water to 25 litres of pure milk and sells the mixture at  per litre. How many litres of water does he add?

A.  2 litres

B.  5 litres

C.  7 litres

D.  11 litres

E.  None of these

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Vivek purchased 120 tables at a price of Rs 110 per table. He sold 30 tables at a profit of Rs 12 per table and 75 tables at a profit of Rs 14 per table. The remaining tables were sold at a loss of Rs 7 per table. What is the average profit per table?

A.  Rs 12.875

B.  Rs 10.04

C.  10.875

D.  Rs 12.80

E.  Rs 13.80

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Arun borrowed a sum of money from  Jayant at the rate of 8% per annum simple interest for the first four years; 10% per annum for the next six years and 12% per annum for the period beyond ten years. If he pays a total of ?12,160 as interest only at the end of 15 years, how much money did he borrow?

A.  ?8000

B.  ?10000

C.  ?12000

D.  ?9000

E.  None of these

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The cost of 9 kgs. of sugar is Rs. 279. What is the cost of 153 kgs. of sugar?

A.  Rs. 3.377

B.  Rs. 4.473

C.  Rs. 4.377

D.  Rs. 4.743

E.  Rs. 4.347

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A shopkeeper buys 144 eggs at 90 paise each. In the way 20 eggs were broken. He sold the remaining eggs at Rs. 1.20 each. The percentage gain or loss is

A.  14.8% gain

B.  12.9% gain

C.  8.5% gain

D.  4.8% gain

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A, B, C enters into a partnership investing Rs 35000 Rs 45000 and Rs 55000 respectively. The respective shares of A, B and C in annual profit of Rs 40,500 are

A.  Rs.10, 500 Rs.13, 500 Rs.16, 500

B.  Rs.11, 500 Rs.13, 000Rs.16, 000

C.  Rs.11, 000 Rs.14, 000 Rs.15, 500

D.  Rs.11, 500 Rs.12, 500 Rs16,500

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A house and a shop were sold for Rs. 1 lakh each. In this transaction, the house sale resulted into 20% loss whereas the shop sale resulted into 20% profit. The entire transaction resulted in:

A.  No loss, no gain

B.  Loss of Rs. 1/12 lakh

C.  Loss of Rs. 1/18 lakh

D.  Gain of Rs. 1/24 lakh

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The percentage profit earned by selling an articles for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

A.  Rs .2000

B.  Rs. 2200

C.  Rs. 2400

D.  Data inadequate

E.  None of these

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Ranjan purchased 120 tables at a price of Rs. 110 per table. He sold 30 tables at a profit of Rs. 12 per table and 75 tables at a profit of Rs. 14 per table. The remaining tables were sold at a loss of Rs. 7 per table. What is the average profit per table?

A.  Rs. 10.04

B.  Rs. 10.875

C.  Rs. 12.80

D.  Rs. 12.875

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A discount of 15% on one article is the sum as a discount of 20% on another article. The costs of the two articles can be:

A.  Rs. 40, Rs. 20

B.  Rs. 60, Rs. 40

C.  Rs. 80, Rs. 60

D.  Rs. 40, Rs. 60

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After successive discounts of 12% and 5% an article was sold for Rs. 209. What was the original price of the article?

A.  Rs. 226

B.  Rs. 250

C.  Rs. 252

D.  Rs. 269

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A shopkeeper marks up his goods to gain 35%. But he allows 10% discount for cash payment. His profit on the cash transaction therefore, in percentage, is

A.  13 ½

B.  25

C.  21 ½

D.  31 ½

E.  None of these

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By selling 66 metres of cloth a person gains the cost p of 22 metres. Find the gain per cent.  

A.  22%

B.  22 ½%

C.  33%

D.  33 1/3%

E.  None of these

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A man sold 18 cots for Rs. 16,800, gaining thereby the cost price of 3 cots. The cost price of cot is:

A.  Rs. 650

B.  Rs. 700

C.  Rs. 750

D.  Rs. 800

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A man invests Rs. 4400 in stock at 110 and sells when the stock rises to 119. What is profit?

A.  396

B.  380

C.  360

D.  340

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A book dealer allows 16 per cent discount to a retailer and the retailer allows 10 per cent discount to a customer. These both discounts are given on the printed price of the book. If the customer pays Rs 270 for a book and the dealer makes a profit of 5 per cent what is the cost price of the book for the dealer?

A.  Rs 252

B.  Rs 243

C.  Rs 240

D.  Rs 250

E.  Rs 350

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In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit

A.  30%

B.  70%

C.  100%

D.  250%

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