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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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 ?

  

  

  

  

  

Manoj sold and article for Rs. 15,000. Had he offered a discount of 10% on the selling price he would have earned a profit of 8%. What is the cost price?

  

  

  

  

  

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?

  

  

  

  

  

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?

  

  

  

  

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

  

  

  

  

  

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

  

  

  

  

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?

  

  

  

  

  

The C.P. of an article is 40% of the S.P. The percent that the S.P is of C.P 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 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 juice shop requires 35 kgs. of sugar for seven days. How many kgs. of sugar will it require for 50 days?

  

  

  

  

  

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?

  

  

  

  

  

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

  

  

  

  

  

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?

  

  

  

  

  

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.

  

  

  

  

  

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.

  

  

  

  

  

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

  

  

  

  

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:

  

  

  

  

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 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? 

  

  

  

  

  

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.

  

  

  

  

  

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, 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 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?  

  

  

  

  

  

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 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:

  

  

  

  

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

  

  

  

  

  

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?

  

  

  

  

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