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Home ‣ Aptitude ‣ Profit and Loss Comments
- Question
- A discount series of 10%, 20% and 40% is equal to single discount of?
Options- A. 50%
- B. 56.80%
- C. 70%
- D. 70.28%
- Correct Answer
- 56.80%
ExplanationLet original price = Rs. 100
Price after 1 st discount = Rs. 90
Price after 2 nd discount = Rs. (80/100) x 90 = Rs. 72
Price after 3 rd discount = Rs. (60/100) x 72 = Rs. 43.20
? Single equivalent discount = (100 - 43.20) = 56.8% - 1. The loss incurred on selling an article for Rs. 270 is as much as the profit made after selling it at 10% profit. The C.P. of the article is?
Options- A. Rs. 90
- B. Rs. 110
- C. Rs. 363
- D. Rs. 300 Discuss
- 2. The cost of 2 T.V. sets and a radio is Rs. 7000, while 2 radios and one T.V. set together cost Rs. 4250. The cost of a T.V. set is?
Options- A. Rs. 3000
- B. Rs. 3160
- C. Rs. 3240
- D. None of these Discuss
- 3. A buys oranges at Rs. 2 for 3 oranges and sells them at a rupee each. To make a profit of Rs. 10, he must sell?
Options- A. 10 oranges
- B. 20 oranges
- C. 30 oranges
- D. 40 oranges Discuss
- 4. Alok bought 25 kg of rice at the rate of Rs. 6.00 per kg and 35 kg of rice at the rate of Rs. 7.00 per kg. He mixed the two and sold the mixture at the rate of Rs. 6.75 per kg . What was his gain or loss in this transaction?
Options- A. Rs. 16.00 gain
- B. Rs. 16.00 loss
- C. Rs. 20.00 gain
- D. None of these Discuss
- 5. What per cent of selling price would be 34% of cost price if gross profit is 26% of the selling price?
Options- A. 17.16
- B. 74.00
- C. 25.16
- D. 88.40 Discuss
- 6. The C.P. of an article is 40% of the S.P. The per cent that the S.P. is of C.P. is?
Options- A. 40
- B. 60
- C. 240
- D. 250 Discuss
- 7. Toffees are bought at the rate of 8 for a rupee. To gain 60% they must be sold at?
Options- A. 6 for a rupee
- B. 5 for a rupee
- C. 9 for Rs. 2
- D. 24 for Rs. 5 Discuss
- 8. Jimmy bought paper sheets for Rs. 7200 and spent Rs. 200 on transport paying Rs. 600 he had 330 boxes made, which he sold at Rs. 28 each. What is his profit percentage?
Options- A. 15.5
- B. 40
- C. 60
- D. None of these Discuss
- 9. When the price of a toy was increased by 20%, the number of toys sold was decreased by 15%. What was the effect on the sales of the shop?
Options- A. 4% increased
- B. 4% increased
- C. 2% increased
- D. 2% decreased Discuss
- 10. A dealer professing to sell at cost price uses a 900 gms weight for a kilogram. His gain percent is?
Options- A. 9
- B. 10
- C. 11
- D. 111/9 Discuss
Profit and Loss problems
Search Results
Correct Answer: Rs. 300
Explanation:
Let C.P.be Rs. x then, x - 270 = 10% of x = x / 10
? x = 300
Correct Answer: None of these
Explanation:
2 x + y = 7000 ....(i)
x + 2y = 4250 .....(ii)
Solving (i) and (ii) we get,
x = 3250
? Cost of T.V. set is Rs. 3250.
Correct Answer: 30 oranges
Explanation:
Suppose he sells x oranges
Then, C.P.of x oranges = Rs. 2x/3
S.P. of x oranges = Rs. x
Profit on x oranges = Rs. (x - 2x/3) = Rs. x/3
? x/3 = 10 ? x = 30
Correct Answer: None of these
Explanation:
C.P. of 60 kg mix = Rs. (25 x 6 + 35 x 7) = Rs. 395
S.P. of 60 kg mix = Rs. (60 x 6.75) = Rs. 405
Gain = Rs. (405 - 395) = Rs. 10
Correct Answer: 25.16
Explanation:
Let the selling price of the article = Rs. 100
? Profit = Rs. 26
? Cost price of the article = 100 - 26 = Rs. 74
? Required % = (34 x 74)/100 = 25.16%
Correct Answer: 250
Explanation:
Let S.P. = Rs. 100
Then C.P. = Rs. 40
? Required percent = (100/40) x 100% = 250%
Correct Answer: 5 for a rupee
Explanation:
Suppose he buys 8 toffees
Then, C.P. = Re. 1
Gain = 60%
? S.P. = Rs. (160 / 100 x 1) = Rs. 8 / 5
For Rs. 8 / 5, toffees sold = 8
For Re. 1 toffees sold = (8 x 5) / 8 = 5
So, he must sell them at 5 for a rupee
Correct Answer: 15.5
Explanation:
C.P. of 330 boxes = Rs. (7200 + 200 + 600) = Rs.8000
S.P. of 330 boxes = Rs. (330 x 28) = Rs. 9240
? Gain % = (1240 / 8000) x 100 % = 15.5%
Correct Answer: 2% increased
Explanation:
Let original of each toy be Rs. 100 and number originally sold be 100.
? originaly sale proceeds = Rs. (100 x 100) = Rs. 10000
New sale proceeds = Rs. (120 x 85) = Rs. 10200
? Increase% = (200 x 100 / 10000)% = 2%
Correct Answer: 111/9
Explanation:
Gain% = {Error / (True value - Error)} x 100 %
= (100/900) x 100) %
= 111/9%
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