Aptitude - Profit And Loss Test

Test Instructions :

1. The Test is 1hr duration.
2. The Test Paper consists of 30 questions. The maximum marks are 30.
3. All the questions are multiple choice question type with three options for each question.
4. Out of the three options given for each question, only one option is the correct answer.
5. Each question is allotted 1 mark for each correct response.
6. 0.25 will be deducted for incorrect response of each question.
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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 man invests Rs. 4400 in stock at 110 and sells when the stock rises to 119. What is profit?

  

  

  

  

Deepa bought a calculator at 30% discount on the listed price. Had she not got the discount, she would have paid  82.50 extra. At what price did she buy the calculator ?

  

  

  

  

  

A shopkeeper purchased 150 identical pieces of calculators at the rate of Rs. 250 each. He spent an amount of Rs .2500 on transport and packing. He fixed the labeled price of each calculator at Rs. 320. However, he decided to give a discount of 5% on the labeled price. What is the percentage profit earned by him?

  

  

  

  

  

A juice shop requires 35 kgs. of sugar for seven days. How many kgs. of sugar will it require for 50 days?

  

  

  

  

  

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

  

  

  

  

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?

  

  

  

  

  

what is the percent profit earned by selling the product? I. The profit earned was Rs. 50. II. Had it been sold for Rs. 310, the profit would have been Rs. 70.

  

  

  

  

  

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?

  

  

  

  

If the numerator of a fraction is increased by 10% and the denominator is increased by 20% the resultant fraction is 11/15. What was the original fraction?

  

  

  

  

  

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?

  

  

  

  

  

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 shopkeeper sold a TV set for17940, at a discount of 8% and gained 19.6%. If no discount is allowed,, what will be his gain per cent?  

  

  

  

  

  

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 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?

  

  

  

  

Find C.P when S.P =Rs 40.60, gain =16%

  

  

  

  

The profit earned after selling a T-shin for Rs. 575/- is the same as loss incurred after selling the same T-shirt for Rs. 295/-. What is the cost price of the T-shirt? 

  

  

  

  

  

By selling a pen for Rs. 15, a man loses one-sixteenth of what it costs him. The cost price of the pen is:

  

  

  

  

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?

  

  

  

  

  

Kamal started a business investing Rs.900.After 5 months,Sameer joined with a capital of  Rs.8000.If at the end of the year,they earn a profit of  Rs.6970,then what will be the share of Sameer in profit?

  

  

  

  

The C.P. of an article is 40% of the S.P. The percent that the S.P is of C.P is:

  

  

  

  

An article when sold for 200 fetches 25 per cent profit. What would be the percentage profit/loss if 6 such articles are sold for 1,056?

  

  

  

  

  

A shopkeeper sells some toys at Rs. 250 each. What percent profit does he make? To find the answer, which of the following information given in Statements I and II is/are necessary? I. Number of toys sold. II. Cost price of each toy.

  

  

  

  

  

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?

  

  

  

  

Alcohol cost 3.50 per litre and kerosene oil cost 2.50 per litre. In what proportion these should be mixed so that the resulting mixture may be 2.75 per litre?

  

  

  

  

  

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

  

  

  

  

A man bought a horse and a carriage for 3000. He sold the horse at a gain of 20% and the carriage at a loss 10%, thereby gaining 2% on the whole. Find the cost of the horse.

  

  

  

  

  

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?

  

  

  

  

  

What is the percent profit earned by the shopkeeper on selling the articles in his soap? I. Labelled price of the article sold was 130% of the cost price. II. Cost price of each article was Rs. 550. III. A discount of 10% on labeled price was offered.

  

  

  

  

  

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