Quantitative Aptitude : Profit & Loss

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Profit & Loss

1. A person buy an object from Delhi for Rs 10,000. He spends Rs 2000 for transportation to patna now he sells it for Rs 15,000 in Patna. Find his profit or loss percentage.

(1) 25% Profit (2) 25% Loss (3) 20% Profit (4) 20 % Loss

(5) None of these

2. A table was sold for Rs 1800 at 10% loss. At what price it shall be sold to earn a profit of 15%.
(1) 2070 Rs (2) 1890 Rs (3) 2300 Rs (4) 2250 Rs

(5) None of these

3. A shopkeeper buys a radio for Rs 1200. Now he wishes to earns a profit of 25% even after giving a discount of 20% on the marked price. Find by what percent he should raise the cost price to put a tag on it.
(1) 1675 Rs (2) 1875 Rs (3) 2025 Rs (4) 1900 Rs

(5) None of these

4. one has a loss of 25%, when calculated on selling price basis. What will be the loss percent on the basis of cost price.
(1) 18 (2) 20 (3) 22 (4) 25

(5) None of these

5. A person sells a certain object at 5% loss. If he sells it for Rs 450 more, he will get a profit of 10%. Find the cost price.
(1) 3000 (2) 3500 (3) 2800 (4) 3200

(5) None of these



6. A person buys two objects for 8000. He gets 20% profit on the first and incurrs 20% loss on the another. Find the cost prices of both the objects, if there selling prices are equal.
(1) 4800, 3200 (2) 4000, 4000 (3) 4600, 3400 (4) 4200, 4600

(5) None of these

7. A shopkeeper cheats 20% while buying and 20% while selling. Find the total profit percent.
(1) 40% (2) 44% 3) 42% (4) 38%

(5) None of these

8. Profit earned by selling an object for Rs 2000 is equal to the loss by selling it for Rs 1800. Find the cost price.
(1) 1000 (2) 1900 (3) 1500 (4) 1400

(5) None of these

9. One incurrs a loss of 20%, when he sells 45 objects for Rs 40. Find how many objects shall he sell to earn a profit of 20% by selling them for Rs 24.
(1) 12 objects (2) 18 objects (3) 15 objects (4)16 objects

(5) None of these

10. A person buys 12 oranges for Rs 10 and sells them at 10 for Rs 12. Find the profit or loss percentage.
(1) 30% profit (2) 40% loss (3) 44% profit (4)54%loss

(5) None of these

Answers
1. (1)

2. (3)

3. (2)

4. (2)

5. (1)

6. (1)

7. (2)

8. (2)

9. (2)

10. (3)
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