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Home Aptitude Profit and Loss Comments

  • Question
  • Deepak found that he had made a loss of 10% while selling his smartphone. He also found that had he sold it for ` 50more, he would have made a profit of 5%. The initial loss was what percentage of the profit earned, had he sold the smartphone for a 5% profit ?


  • Options
  • A. 100%
  • B. 200%
  • C. 75%
  • D. 85%

  • Correct Answer
  • 200% 


  • Profit and Loss problems


    Search Results


    • 1. Profit of Rs 104000 has to be divided among three partners Ashok, Bimla and Chirag in the ratio 6:4:3. How much does Chirag get?

    • Options
    • A. 24000
    • B. 32000
    • C. 48000
    • D. 12000
    • Discuss
    • 2. When a discount of 20% is given on a lunch buffet, the profit is 42%. If the discount is 15%, then the profit is

    • Options
    • A. 57 percent
    • B. 50.875 percent
    • C. 63.125 percent
    • D. 44.75 percent
    • Discuss
    • 3. A trader had 12 quintals of wheat. He sold a part of it at 13% profit and the rest at 23% profit, so that he made a total profit of 17 %. How much wheat did he sell at 23% profit?

    • Options
    • A. 720 kg
    • B. 240 kg
    • C. 480 kg
    • D. 960 kg
    • Discuss
    • 4. A used car dealer sells a car for Rs 7.6 lakhs and makes some loss. If he had sold it for Rs 9.2 lakhs his profit would have been thrice his loss. What was the cost price of the car (in Rs lakhs)?

    • Options
    • A. 8.5
    • B. 8.75
    • C. 8.25
    • D. 8
    • Discuss
    • 5. A dishonest milkman buys milk at Rs 24 per litre and adds 1/3 of water to it and sells the mixture at Rs 32 per litre. What is his gain?

    • Options
    • A. 33.33 percent
    • B. 50 Percent
    • C. 77.78 percent
    • D. 66.67 percent
    • Discuss
    • 6. Raghu bought an article for Rs. 14,360 and spent Rs. 240 on its transportation. At what amount he has to sell it to get a profit of 15%? (in Rs.)

    • Options
    • A. ? 16,000
    • B. ? 16,790
    • C. ? 16,150
    • D. ? 16.500
    • Discuss
    • 7. Marked price of an article is 1600 Rs. more than the cost price. When the same article is sold at a discount of Rs. 500 then the percent profit earned is 25%. For earning a profit of 30%, the article should be sold at what price?

    • Options
    • A. 5740
    • B. 5720
    • C. 5620
    • D. 5730
    • Discuss
    • 8. A dishonest shopkeeper professes to sell his groceries at his cost price but uses a false weight of 900 grams for each kilogram. Find his gain percentage.

    • Options
    • A. 91/9 %
    • B. 100/9%
    • C. 100/11 %
    • D. 95/9%
    • Discuss
    • 9. A trader sold an article at profit of 20%. Had he bought that article at 60% less price and sold it at Rs 90 less, then he would have gained 50%. What is the value (in Rs) of cost price?

    • Options
    • A. 150
    • B. 200
    • C. 250
    • D. 300
    • Discuss
    • 10. Amit donated 20% of his income to a school and deposited 20% of the remainder in his bank. If he is having Rs 12800 now, then what is the income (in Rs) of Amit?

    • Options
    • A. 18000
    • B. 20000
    • C. 24000
    • D. 32000
    • Discuss


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