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 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? 

  

  

  

  

  

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 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.

  

  

  

  

  

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

  

  

  

  

  

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 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 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?

  

  

  

  

If the S.P of Rs. 24 results in a 20% discount on list price. What S.P. would result in a 30% discount on list price?

  

  

  

  

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

  

  

  

  

  

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

  

  

  

  

  

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

  

  

  

  

  

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

  

  

  

  

  

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 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.

  

  

  

  

  

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 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?

  

  

  

  

  

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?

  

  

  

  

  

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

  

  

  

  

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

  

  

  

  

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

  

  

  

  

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%?

  

  

  

  

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:

  

  

  

  

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

  

  

  

  

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 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:

  

  

  

  

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?

  

  

  

  

  

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

  

  

  

  

  

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