profit-and-loss aptitude question and answers -Page 49

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Profit and Loss problems

1. A vendor buys oranges at the rate of 5 for Rs 6 and sells at the rate of 2 for Rs 3. What will be the result?
Options
A. 25 percent loss
B. 25 percent gain
C. 20 percent gain
D. 20 percent loss

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3. A shopkeeper by selling 9 Rolex watches, earns a profit equal to the selling price of 4 Rolex watches. His profit percentage is
Options
A. 44.4 percent
B. 88.8 percent
C. 80 percent
D. 8.8 percent

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4. A wholesaler sells a watch to a retailer at a gain of 37% and the retailer sells it to a customer at a loss of 25%. If the customer pays Rs 2,620.125, what had it cost the wholesaler?
Options
A. Rs 2550
B. Rs 2692
C. Rs 3327
D. Rs 2408

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5. When a discount of 20% is given on a jacket, the profit is 28%. If the discount is 13%, then the profit is
Options
A. 39.2 percent
B. 41 percent
C. 42.8 percent
D. 37.4 percent

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6. The marked price of a helmet is 30% more than its cost price. If the helmet is sold for Rs 744 after a discount of Rs 36, then what will be the profit percentage?
Options
A. 24
B. 18
C. 21
D. 27

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7. A dealer sold an article at 6% loss. Had he sold it for Rs. 64 more, he would have made a profit of 10%. Then the cost of the article is
Options
A. Rs.400
B. Rs.200
C. Rs.164
D. Rs.464

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9. A trader buys 500 kgs of cotton for Rs 9,000. 10% of this cotton is spoiled due to rain. At what rate (Rs/Kg) should he sell the rest to earn 10% profit?
Options
A. 25
B. 30
C. 22
D. 20

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10. A vendor buys bananas at 9 for Rs 8 and sells at 8 for Rs 9. What will be the profit or loss (in %)?
Options
A. 13.28% profit
B. 26.56% loss
C. 26.56% profit
D. 13.28% loss

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