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 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?

  

  

  

  

  

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

  

  

  

  

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

  

  

  

  

  

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:

  

  

  

  

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 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?

  

  

  

  

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.

  

  

  

  

  

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 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?

  

  

  

  

  

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 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 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

  

  

  

  

  

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 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?

  

  

  

  

  

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?

  

  

  

  

  

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?

  

  

  

  

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:

  

  

  

  

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

  

  

  

  

  

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 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 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 sells a badminton racket, whose marked price is Rs. 30, at a discount of 15% and gives a shuttle cock costing Rs. 1.50 free with each racket. Even then he makes a profit of 20%. His cost price per racket is:

  

  

  

  

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:

  

  

  

  

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

  

  

  

  

  

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?

  

  

  

  

  

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?

  

  

  

  

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