QUANTITATIVE APTITUDE - PROFIT & LOSS

PROFIT AND LOSS

1.    A manufacture undertakes to supply 2000 pieces of a particular component at Rs.25 per piece. According to his estimates, even if 5% fail to pass the quality tests, then he will make a profit of 25%. However as it turned out, 50% of the components were rejected. What is the loss to the manufacture? [TCS recruitment exam question]
A. Rs 12,000        B. Rs 13,000        C. Rs 14,000        D. Rs 15,000   
E. None f these

2.    Shan bought 30 liters of milk at the rate of Rs.8 per liter. He got it churned after spending Rs.10 and 5kg of cream and 30 liter of toned milk were obtained. If he sold the cream at Rs.30 per kg and toned milk at Rs.4 per liter, his profit in the transaction is:
A. 20%        B. 8%        C. 30%        D. 40%          E. None f these

3.    The sale price of an article including the sale tax is Rs. 616. The rate of sale tax is 10% . If the shopkeeper has made a profit of 12%, the cost price of the article is [The Pearson Guide book]
A. Rs 500    B. Rs 515    C. Rs 550        D. Rs 600

4.    When a article is sold for Rs.3400, there is a loss of 2%. What is the cost price of the commodity?
A. Rs 3500.50        B. Rs 3200        C. Rs 3400.56        D. Rs 3469.34

5.    The marked price of a watch was Rs. 720.A man brought the same for Rs.550.80 after getting two successive discounts the first being 10% .What was the second discount rate?
A. 12%        B. 14%        C. 15%        D. 18%

6.    Jagdeep bought a refrigerator with 20% discount on the labeled price. Had he bought at it with 30% discount, he would have saved Rs. 500 more. At what price did he buy the refrigerator?
A. Rs 5000        B. Rs 10,000        C. Rs 12,500        D. Rs 15,000

7.    If the S.P of Rs.40 results in a 20% discount on list price. What S.P would result in a 30% discount on list price?
A. Rs 18        B. Rs 20        C. Rs 35        D. Rs 27

8.    A discount of 25% on one article is same as a discount of 50% on another article .The costs of two article can be:
A. Rs 30, Rs 20        B. Rs 90, Rs 40        C. Rs 80, Rs 40        D. Rs 50, Rs 40

9.    A article is listed at Rs. 2000 and a discount of 20% is offered on the list price .What additional discount must be offered to the customer bring the net price to Rs. 1400?
A. 12.5%        B. 10%        C. 12%        D. 15%

10.    A shopkeeper gives 12% additional discount on the discounted price, after giving an initial discount of 20% on the labeled price of a mobile. If the final sale price of the mobile is 704. then what is its labelled price?
A. Rs 844        B. Rs 920        C. Rs 1000        D. Rs 1100