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Home Aptitude Profit and Loss Comments

  • Question
  • Anita purchased a bicycle at cost of ? 3200. She sold it at a loss of ? 240. At what price did she sell the bicycle?


  • Options
  • A. ? 2960
  • B. ? 2690
  • C. ? 3440
  • D. ? 3360

  • Correct Answer
  • ? 2960 

    Explanation

    We know that
    Loss = CP - SP
    240 = 3200 - SP
    ? SP = 3200 - 240 = ? 2960


  • Profit and Loss problems


    Search Results


    • 1. 
      Find the SP when CP is ? 40 and gain is 25%.

    • Options
    • A. ? 50
    • B. ? 45
    • C. ? 60
    • D. ? 49
    • Discuss
    • 2. 
      A gold bracelet is sold for ? 14500 at a loss of 20%. What is the cost price of the gold bracelet?


    • Options
    • A. ? 18125
    • B. ? 17400
    • C. ? 15225
    • D. ? 16800
    • Discuss
    • 3. 
      A salesman expects a gain of 13% on his cost price. If in a month, his sale was ? 791000, what was his profit?

    • Options
    • A. ? 91000
    • B. ? 97786
    • C. ? 85659
    • D. ? 88300
    • Discuss
    • 4. 
      A person buys a watch for ? 500 and sells it for ? 300. Find his loss per cent.

    • Options
    • A. 30%
    • B. 40%
    • C. 35%
    • D. 45%
    • Discuss
    • 5. 
      A person buys a book for ? 200 and sells it for ? 225. What will be his gain percent?

    • Options
    • A. 13%
    • B. 14%
    • C. 18.4%
    • D. 12.5%
    • Discuss
    • 6. 
      Find the CP when SP is ? 400 and loss is 70 %?

    • Options
    • A. ? 4000/3
    • B. ? 5000/3
    • C. ? 2000/3
    • D. ? 7000/3
    • Discuss
    • 7. 
      By selling a cycle for ? 2345, a student loses 19%. His cost price is nearly?

    • Options
    • A. ? 4000
    • B. ? 5000
    • C. ? 3000
    • D. ? 3500
    • Discuss
    • 8. 
      A man loses 10% by selling an article for ? 180. At what price should he sell it to gain 10%?

    • Options
    • A. ? 220
    • B. ? 217.80
    • C. ? 200
    • D. ? 216
    • Discuss
    • 9. 
      A calculator is bought for ? 350 and sold at a gain of 15%. What will be the selling price of calculator (in ?)?

    • Options
    • A. 358
    • B. 375
    • C. 472
    • D. 402.50
    • Discuss
    • 10. 
      If the cost price is 95% of the selling price, what is the profit per cent?

    • Options
    • A. 4
    • B. 4.75
    • C. 5
    • D. 5.26
    • Discuss


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