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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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?

  

  

  

  

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.

  

  

  

  

  

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?

  

  

  

  

The compound interest on any sum at the rate of 5% lb two years is ?512.50. Find the sum.

  

  

  

  

  

A firm of readymade garment? makes both men's and women's shirts. Its average profit is 6% of the sales. Its profit in men's shirts average 8% of the sales  and women's shirts comprise 60% of the output. The average profit per sale rupee in women shirts is

  

  

  

  

  

I bought a watch for Rs. 60. What will it fetch if I sell at a gain of 25%??

  

  

  

  

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:

  

  

  

  

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? 

  

  

  

  

  

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

  

  

  

  

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

  

  

  

  

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

  

  

  

  

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

  

  

  

  

  

Girish started a business investing Rs. 45,000. After 3 months, Vijay with Rs. 60,000 and After another 6 months, Ankush with Rs. 90,000 joined him. At the end of the year, they made a profit of Rs. 16,500. What is Girish’s share of profit ?

  

  

  

  

  

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:

  

  

  

  

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 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?

  

  

  

  

  

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

  

  

  

  

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?

  

  

  

  

  

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 man sold two steel chairs for X 500 each. On one he gains 20% and on other, he loses 12%. How much does he gain or lose in the whole transaction?

  

  

  

  

  

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

  

  

  

  

A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount had been offered?

  

  

  

  

  

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 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

  

  

  

  

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?

  

  

  

  

  

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 pineapple costs Rs. 7 each. A watermelon costs Rs. 5 each. X spends Rs. 38 on these fruits. The number of pineapples purchased is:

  

  

  

  

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 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.

  

  

  

  

  

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:

  

  

  

  

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