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Quantitative Aptitude

PROFIT AND LOSS MCQs

Profit & Loss

Total Questions : 2016 | Page 201 of 202 pages
Question 2001. The C.P of 15 books is equal to the S.P of 18 books. Find his gain% or loss%?
  1.    16 2/3% loss
  2.    100/3% loss
  3.    50/3% profit
  4.    100/3% loss
 Discuss Question
Answer: Option A. -> 16 2/3% loss
15 CP = 18 SP
18 — 3 CP LOSS
100 — ? => 16 2/3% LOSS
Question 2002. By selling 150 mangoes, a fruit-seller gains the selling price of 30 mangoes. Find the gain percent?
  1.    20%
  2.    25%
  3.    18%
  4.    30%
 Discuss Question
Answer: Option B. -> 25%
SP = CP + G
150 SP = 150 CP + 30 SP
120 SP = 150 CP
120 — 30 CP
100 — ? => 25%
Question 2003. The C.P of 10 pens is equal to the S.P of 12 pens. Find his gain % or loss%?
  1.    16 2/3% profit
  2.    50/6% profit
  3.    16 2/3% loss
  4.    100/3% loss
 Discuss Question
Answer: Option C. -> 16 2/3% loss
10 CP = 12 SP
12 — 2 CP LOSS
100 — ? => 16 2/3%
Question 2004. A single discount equivalent to the discount series of 20%, 10% and 5% is_______?
  1.    25%
  2.    30%
  3.    31.6%
  4.    33.5%
 Discuss Question
Answer: Option C. -> 31.6%
100*(80/100)*(90/100)*(95/100) = 68.4
100 – 68.4 = 31.6
Question 2005. If a man lost 4% by selling oranges at the rate of 12 a rupee at how many a rupee must he sell them to gain 44%?
  1.    7
  2.    8
  3.    9
  4.    10
 Discuss Question
Answer: Option B. -> 8
96% —- 12
144% —- ?
96/144 * 12 = 8
Question 2006. A man sells a horse for Rs.800 and loses something, if he had sold it for Rs.980, his gain would have been double the former loss. Find the cost price of the horse?
  1.    Rs.900
  2.    Rs.875
  3.    Rs.850
  4.    Rs.860
 Discuss Question
Answer: Option D. -> Rs.860
CP = SP + 1CP = SP – G
800 + X = 980 – 2X
3X = 180 => X = 60
CP = 800 + 60 = 860
Question 2007. By selling a house for Rs.45000, it was found that 1/8 of the outlay was gained, what ought the selling to price to have been in order to have lost 5 p.c?
  1.    Rs.38750
  2.    Rs.38000
  3.    Rs.40000
  4.    Rs.42000
 Discuss Question
Answer: Option B. -> Rs.38000
CP + CP/8 = 45000
CP = 40000
SP = 40000*(95/100) = 38000
Question 2008. What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20%?
  1.    20%
  2.    25%
  3.    13 1/30%
  4.    12%
 Discuss Question
Answer: Option A. -> 20%
SP2 = 2/3 SP1
CP = 100
SP2 = 80
2/3 SP1 = 80
SP1 = 120
100 — 20 => 20%
Question 2009. A trader bought a car at 20% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price?
  1.    10%
  2.    11%
  3.    12%
  4.    15%
 Discuss Question
Answer: Option C. -> 12%
ORIGINAL PRICE = 100
CP = 80
S = 80*(140/100) = 112
100 – 112 = 12%
Question 2010. The sale price sarees listed for Rs.400 after successive discount is 10% and 5% is________?
  1.    Rs.357
  2.    Rs.340
  3.    Rs.342
  4.    Rs.338
 Discuss Question
Answer: Option C. -> Rs.342
400*(90/100)*(95/100) = 342

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