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Quantitative Aptitude :: Profit and Loss Problems And Answers


Profit and Loss Formulaes

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21. A trader lists his articles at 30% above cost price and allows a discount of 10% on cash payment. Find his gain percentage
 
A. 117% Gain B. 100% Gain
C. 17% Profit D. 17% Loss
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22. The actual price of an article was Rs. 6000/- the successive discount on 10% and 20% then Finds the selling price
A. Rs.3240/- B. Rs. 4320/-
C. Rs.4230/- D. Rs.4200/-
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23.  What profit/loss percent did Ravi earn if he purchased an item of Rs.5,600 and sold it at three-fourth of its cost price?
A. Loss of 20 percent
 B. Gain of 25 percent
C. Neither gain or loss
 D. Loss of 15 percent
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24. The owner of a cell phone shop charges his customer 23% more than the cost price. If a customer paid Rs.7,011 for a cell phone, then what was the cost price of the cell phone?
A. Rs.5,845
 B. Rs.6,750
C. Rs.5,700
 D. Rs.6,925
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25. The cost price of 16 articles is the same as the selling price of 12 articles. Find the loss/profit percentages.
A. 30% B. 32.50%
C. 33 1/3% D. 40%
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26. Raju purchased an item for Rs.4,500 and sold it at the gain of 15%. From that amount he purchased another item and sold it  at the loss of 10%. What is his overall gain/loss?
A. Gain of Rs.151.50 B. Gain of Rs.157.50
C. Loss of Rs.165 D. neither gain nor loss
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27.  A shopkeeper labeled the price of his articles so as to earn a profit of 30% on the cost price. He then sold the articles by offering a discount of 10% on the labeled price. What is the actual percent profit earned in the deal?
A. 18% B. 20%
C. 17% D. None of these
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28. Profit earned by an organization is distributed among officers and clerks in the ratio of 5:3 respectively. If the number of officers is 45 and the number of clerks is 80 and the amount received by each officer is Rs.25,000/-, what was the total amount of profit earned?
A. Rs.22 lakhs B. Rs.18.25 lakhs
C. Rs.18 lakhs D. Rs.23.25 lakhs
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29. The cost of 8 gel pens and 12 ball pens is Rs.82. What would be the cost of 36 gel pens and 54 ball pens?
A. Rs.366 B. Rs.365
C. Rs.369 D. Rs.364
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30. A merchant sells his two cars – one at 15% loss and another at 12% profit. If the cost prices of the two cars are in the ratio of 1:2, what is his percent profit or loss?
A. 3% profit B. 2% loss
C. 2% profit  D. 3% loss
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