Quantitative Aptitude :: Profit and Loss Problems And Answers

Profit and Loss Formulaes

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31. The profit earned after selling an article for Rs.675 is twice the loss incurred after selling the article for Rs.435. What is the cost price of the article?

A. Rs.450 B. Rs.595
C. Rs.400 D. None of these
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32. Mohan purchased 15 kgs of rice at the rate of Rs.26 per kg and 8 kgs of pulses at the rate of Rs.26 per kg. Whaat is the total amount that he paid to the shopkeeper?

A. Rs.598 B. Rs.594
C. Rs.596 D. Rs. 595
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33. Suhas sold an item for Rs.7500 and incurred a loss of 25%. At what price, should he have sold the item to have gained a profit of 25%?

A. Rs.13800 B. Rs.12500 
C. Rs.11200 D. Cannot be determined
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34. Maria earned a profit of 30% on selling an article for Rs.6110. What was the cost price of the article?

A. Rs.5725 B. Rs.4080
C. Rs.5250 D. Rs.4700
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35. If the cost of 15 kgs of rice is Rs.780/-, what is the cost of 112 kgs of rice?

A. Rs.5824/- B. Rs.5720/-
C. Rs.5616/- D. Rs.5512/-
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36. Nilesh sold an item for Rs.6400/- and incurred a loss of 20%. At what price should he have sold the item to have gained a profit of 20%?

A. Rs.7800 B. Rs.9600
C. Rs.8750 D. None of these
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37. The owner of an electronic store charges his customer 14% more than the cost price. If a customer paid Rs.1,65300 for an LED TV, then what was the original price of the TV?

A. Rs.140400  B. Rs.150500
C. Rs.145000 D. Rs.135200
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38. The cost of 8 sharpeners and 12 pens is Rs.76/-. What is the cost of 20 sharpeners and 30 pens?

A. Rs.172 B. Rs.186
C. Rs.190 D. Rs.195 
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39. Sujit incurred a loss of 45% on selling an article for Rs.3740/-. What was the cost price of the article?

A. Rs.5725/- B. Rs.5080/-
C. Rs.6250/- D. None of these
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40. The cost of 3 pens and 5 pencils is Rs.100. Also the cost of one pen and one pencil is in the ratio of 5:1 respectively. What is the cost of one dozen pens?

A. Rs.200 B. Rs.250
C. Rs.300 D. Rs.150
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