Quantitative Aptitude
PROFIT AND LOSS MCQs
Profit & Loss
Cost Price (C.P.) = Rs. (4700 + 800) = Rs. 5500.
Selling Price (S.P.) = Rs. 5800.
Gain = (S.P.) - (C.P.) = Rs.(5800 - 5500) = Rs. 300.
Gain % = \(\left(\frac{300}{5500}\times100\right)\) % = \( 5\frac{5}{11}\) %
Let C.P. of each article be Re. 1 C.P. of x articles = Rs. x.
S.P. of x articles = Rs. 20.
Profit = Rs. (20 - x).
So, \(\left(\frac{20-x}{x}\times100=25\right)\)
2000 - 100x = 25x
125x = 2000
x = 16.
Let C.P. be Rs. x and S.P. be Rs. y.
Then, 3(y - x) = (2y - x) y = 2x.
Profit = Rs. (y - x) = Rs. (2x - x) = Rs. x.
So, Profit % = \(\left(\frac{x}{x}\times100\right)\) % = 100%
Let C.P.= Rs. 100. Then, Profit = Rs. 320, S.P. = Rs. 420.
New C.P. = 125% of Rs. 100 = Rs. 125
New S.P. = Rs. 420.
Profit = Rs. (420 - 125) = Rs. 295.
So, Required percentage = \(\left(\frac{295}{420}\times100\right)\) % = \(\frac{1475}{21}\) % = 70% (approximately).
C.P. of 6 toffees = Re. 1
S.P. of 6 toffees = 120% of Re. 1 = Rs.\(\frac{6}{5}\)
For Rs.\(\frac{6}{5}\) , toffees sold = 6
For Re. 1, toffees sold = \(\left(6\times\frac{6}{5}\right)=5.\)
Let C.P. be Rs. x.
Then, \(\frac{1920-x}{x}\times100 =\frac{x-1280}{x}\times100\)
1920 - x = x - 1280
2x = 3200
x = 1600
So, Required S.P. = 125% of Rs. 1600 = Rs. \(\left(\frac{125}{100}\times1600\right)\) = Rs.2000
C.P. = Rs. \(\left(\frac{100}{122.5}\times392\right)= Rs. \left(\frac{1000}{1225}\times392\right) = Rs.320.\)
So, Profit = Rs. (392 - 320) = Rs. 72.
S.P. = 85% of Rs. 1400 = Rs \(\left(\frac{85}{100}\times1400\right)\) = Rs. 1190