QUANTITATIVE APTITUDE - PROFIT AND LOSS SET 04

PROFIT AND LOSS

1. A Grinder is listed at Rs.1200 and a discount of 25%is offered  on the list price. What additional discount must be offered to the customer to bring the net price to Rs. 990.
A)10%        B)12%        C)15%        D)20%

2. A sales man sells 2 watches for Rs.460 each. On one he gets 15% profit and on the other 15% loss. His profit or loss in the entire transaction was
A)2(4/6)%        B)2(1/4)%        C)2(3/4)%        D)2(7/4)%

3. A shopkeeper takes 12% profit on his goods. He lost 22% goods during theft. His loss percentage is
A)12.56        B)12.55        C)12.64        D)12.60

4. The difference the cost price and selling price of the book is Rs.260 .If the profit is  25%, then the selling price is
A)    1100        B)1200        C)1250        D)1300

5. The  CP of 18 articles is equal to SP 15 articles .Find the gain or loss
A)15%        B)18%        C)20%        D)22%

6. A vendor loses the selling price of 4 apples on selling 36 apples. His loss percent is
A)12(1/2)%    B)11(1/2)%        C)10%        D)9%

7. By selling 15 oranges, a fruit seller gains the selling price of 1 orange. Calculate his gain percentage
A)7.14%        B)6.14%        C)8%        D)8.41%

8. A person sold a Tube light at Rs.85.25 in such a way that his percentage profit is the same as the cost price of the Tube light. If he sells it at twice the percentage profit of his previous percentage of the profit then the new selling price will be
A)Rs. 110.5        B)Rs.115.05        C)Rs.115.5        D)Rs.110.05

9. A dealer sold 575 cement packages at a profit of 9%. If one cement package cost Rs.2400, Find his total profit?
A)124100        B)124200        C)124000        D)123200

10. What profit or loss percentage did Harini earn if she purchased an item Rs.5000 and sold it three – fourth of its cost price?
A)21%        B)22%        C)25%        D)20%

Answer Keys:
1. A
2. B
3. C
4. D
5. C
6. C
7. A
8. C
9. B
10. C