# Quiz

#### TopicsQuantitative AptitudeProfit and Loss

Question:

A property dealer sells a house for Rs.6,30,000 and in the bargain makes a profit of 5% .Had he sold it for Rs.5,00,000 then what percentage of loss or gain he would have made?

Options:
 A. 2 1/4% gain B. 10% loss C. 12 1/2% loss D. 16 2/3% loss E. None of these
-    C.P. = Rs(100/105 x 630000) = Rs. 6,00,000

Required loss% = (100000/600000 x 100)%  = 16 (2/3)%

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### More Questions on This Topic :

Question 1.

A man purchased sugar worth Rs. 400. He sold 3/4 at a loss of 10% and the reminder at a gain of 10%. On the whole he gets:

Options:
1.    loss of 5%
2.    a gain of 5.5%
3.    a loss of 5 1/19%
4.    a loss of 5 5/19%
5.    None of these
-    C.P of 3/4th = Rs. (3/4 x 400) = Rs. 300,

C.P of 1/4th = Rs. 100

∴ Total S.P = (90% of Rs. 300 + 110% of Rs. 100) = Rs. 380

Loss = (20/400 x 100)% = 5%
Question 2.

Sanket purchased 20 dozen notebook at Rs. 48 per dozen. He sold 8 dozen at 10% profit and remaining 12 dozen with 20% profit. What is his profit percentage in the transaction?

Options:
1.    7.68
2.    15
3.    16
4.    19.2
5.    None of these
-    C.P of 20 dozen = Rs.(48 x 20) = Rs.960

C.P of 8 dozen = Rs. (48 x8) = Rs. 384.

C.P of 12 dozen =Rs. (960 – 384) = Rs. 576

Total S.P = Rs. (110/100 x 384 +120/100 x 576) = Rs.1113.60

∴ Profit % = (153.60/960 x 100)% =16%
Question 3.

Hemant sold 10 sarees for a total profit of Rs. 460 and 12 sarees for a total profit of Rs. 144. At what profit per saree should he sell the remaining 20 sarees so that he gets an average profit of Rs. 18 per sarees?

Options:
1.    Rs 7.40
2.    Rs 7.60
3.    Rs 7.80
4.    Rs 8.00
5.    None of these
-    Total profit required = Rs.(42 x 18) = Rs.756

Profit on 22 sarees = Rs. (460 + 144) = Rs. 604

Profit on 20 sarees = Rs. (756 – 604) = Rs. 152

Average profit on these sarees = Rs.(152/20) = Rs. 7.60
Question 4.

The ratio of the cost price and the selling price is 4:5. The profit percent is:

Options:
1.    10%
2.    20%
3.    25%
4.    30%
5.    None of these
-    Let C.P. = Rs. 4x Then, S.P. = Rs. 5x

Gain = Rs. (5x - 4x) = Rs.x

Gain% = (x/4x) 100% =25%
Question 5.

A trade mixes 26 kg of rice at Rs.20 per kg with 30 kg of  other of variety at Rs. 36 per kg and sell the mixture at Rs.30 per kg. His profit percent is:

Options:
1.    No profit, no loss
2.    5%
3.    8%
4.    10%
5.    None of these
-    C.P. of 56 kg rice = Rs(26 x 20 + 30 x 36) = Rs.(520+1080) = Rs. 1600

S.P. of 56 kg. rice = Rs (56 x 30) = Rs.  (56 x 30)  = Rs.1680

Gain= (80/1600 x 100)% =5%
Question 6.

The ratio between the sale price and the cost price of an article is 7:5. What is the ratio between the profit and the cost price of the article?

Options:
1.    2 : 7
2.    5 : 2
3.    7 : 2