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 ?

  

  

  

  

  

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 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?

  

  

  

  

  

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?

  

  

  

  

  

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?

  

  

  

  

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?

  

  

  

  

  

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?

  

  

  

  

  

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?

  

  

  

  

  

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

  

  

  

  

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:

  

  

  

  

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.

  

  

  

  

  

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? 

  

  

  

  

  

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?

  

  

  

  

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

  

  

  

  

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

  

  

  

  

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 ?

  

  

  

  

  

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 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?

  

  

  

  

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.

  

  

  

  

  

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

  

  

  

  

  

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

  

  

  

  

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

  

  

  

  

  

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

  

  

  

  

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

  

  

  

  

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:

  

  

  

  

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