Top 100+ Profit and Loss Aptitude Questions and Answers - 2
Question: 6
Sathish bought a table for Rs.1,640 and sold it with 35% profit. At what price did he sell the table?
(A) Rs. 2,214
(B) Rs. 2,132
(C) Rs. 1,968
(D) Rs. 1,066
Ans: A
S.P. = Rs. $$(1640 + {35} / {100} × 1640)$$
= Rs. (1640 + 574) = Rs. 2214.
Question: 7
A producer of tea blends two varieties of tea from two tea gardens one costing Rs. 8 per kg and another Rs.20 per kg in the ratio 5 : 3. If he sells the blended variety at Rs.21 per kg, then he gain percent is
(A) 12
(B) 14
(C) 18
(D) 19
Ans: A
Let he bought 5 kg and 3 kg of tea.
C.P. = Rs. (5 × 18 + 3 × 20) = Rs. 150
S.P. = Rs. (8 × 21) = Rs. 168
Gain % = $$({18} / {150} × 100)$$% = 12%.
Question: 8
When a commodity is sold for Rs.34.80, there is a loss of 25%. What is the cost price of the commodity?
(A) Rs. 26.10
(B) Rs. 43
(C) Rs. 43.20
(D) Rs. 46.40
Ans: D
S.P. = Rs. 34.80, Loss = 25%
C.P. = Rs. $$({100} / {75} × 34.80)$$ = Rs. 46.40.
Question: 9
Muthu bought a car and got 15% of its original price as dealer’s discount. He then sold it with 20% profit on his purchase price what percentage profit did he get on the original price of the year
(A) 1%
(B) 2%
(C) 5%
(D) 12%
Ans: B
Let the original price be Rs. 100.
Price after dealer’s discount = Rs. 85.
S.P. = $${120} / {100} × 85$$ = 102.
∴ Profit = 2% on original price.
Question: 10
A person purchases an article at 20% less of the marked price and sells at 20% more than marked price. His profit is
(A) 20%
(B) 30%
(C) 40%
(D) 50%
Ans: D
Let market price is Rs. 100.
Then C.P. = Rs. (100 – 20) = Rs. 80
S.P. = Rs. (100 + 20) = Rs. 120
Profit = Rs. (120 – 80) = Rs. 40
∴ Profit % = $$({40} / {80} × 100)$$% = 50%.
Signals and Systems MCQ Questions and Answers Pdf More
Electrical Power Sources Quiz Questions & Answers Pdf More
Electromagnetic Field Theory Question Bank 2024-2025 More
Power Semiconductor Device and Integrated Circuits Questions More
Strength of Materials Questions and Answers Pdf More
Data Structure Technical Interview Questions with Answers More
1000+ Industrial Drives MCQ Questions and Answers Pdf More
PG TRB Model Question Paper for Chemistry with Answer More
100+ Number, Ranking &Time Sequence Test Questions Answers More
100+ HCF and LCM Questions for SBI PO, SO, Clerk Pdf More