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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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?

  

  

  

  

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?

  

  

  

  

  

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?

  

  

  

  

  

On selling an item for 96 Rs a man gains 20%. In order to gain 35%. What will be the increase in the selling price?

  

  

  

  

  

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 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.

  

  

  

  

  

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 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?

  

  

  

  

  

Kamya purchased an item of Rs. 46,000 and sold it at loss of 12 per cent. With that amount she purchased another item and sold it at a gain of 12 per cent. What was her overall gain/loss?

  

  

  

  

  

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

  

  

  

  

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

  

  

  

  

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

  

  

  

  

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

  

  

  

  

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 ?

  

  

  

  

  

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 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 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

  

  

  

  

  

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%?

  

  

  

  

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:

  

  

  

  

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 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?

  

  

  

  

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

  

  

  

  

  

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 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 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?

  

  

  

  

  

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?

  

  

  

  

  

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