Profit and Loss - Aptitude test questions and answers

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Profit and Loss - Aptitude test questions and answers


Q1. If the Selling Price of a Turmeric is Rs. 40 with a profit of 20%, then find the Cost price?

A)Rs. 33.33
B)Rs. 35
C)Rs.32.22
D)Rs.31

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ANSWER: A)Rs. 33.33




Q2. If the Cost price of a Table is Rs.1500 with a profit of 33%, then find the selling price?

A)2000
B)1995
C)1899
D)1870

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ANSWER: B)1995




Q3.If the Selling price of a commodity is Rs. 3490 with a loss of 16%, then find the CP?

A)4154.76
B)4100.80
C)4150.7
D)4180.00

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ANSWER: A)4154.76




Q4. If the cost price of a Gold is Rs.18820 with a loss of 10 %, then find the selling price?

A)16938
B)17126.2
C)16939.9
D)16749.8

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ANSWER: A)16938




Q5. By selling a book for Rs.400 a student got two successive profits of 12% and 40%, respectively. Then his total profit % is

A)62%
B)50%
C)55%
D)56.8%

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ANSWER: D)56.8%




Q6. When there is a profit of 10% and loss of 10%, then the resultant profit will be ?

A)profit of 1%
B)loss of 1%
C)profit of 3.2%
D)loss of 3.2%

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ANSWER: B)loss of 1%




Q7. Avinash bought two books for Rs.650. He sold one book at a profit of 20% and the other at a loss of 12%. If the S.P. of both books is same, then the cost price of each book is

A)375 and 275
B)400 and 250
C)450 and 150
D)none of these

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ANSWER: A)375 and 275




Q8. If 1/2 of a project was sold at 12% profit and the rest at a profit of 6% . If there was an overall profit of Rs. 1080, then the value of the project is

A)10000
B)12000
C)2800
D)3800

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ANSWER: B)12000




Q9. Pencils are bought at 20 for a rupee and a same number of pencils at 25 for a rupee. If these are mixed and sold at 22 for a rupee, then the loss or gain % is

A)loss of 0.99%
B)gain of 1.01%
C) gain of 1.50%
D) loss of 1.25%

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ANSWER: B)gain of 1.01%




Q10. If a shopkeeper marks his item at a% above the C.P. and allows customers a discount of b% for cash, then profit or loss is

A)(a-b-ab/100)%
B)(a+b-ab/100)
C) ( a-b- (a+b) /100)
D)none of these

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ANSWER: A)(a-b-ab/100)%




Q11. If the Selling Price of a commodity is Rs. 400 with a profit of 30%, then find the Cost price?

A)Rs. 307.69
B)Rs. 335
C)Rs.320.22
D)Rs.310

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ANSWER: A)Rs. 307.69




Q12. Ram bought a T.V. , if Cost price of a T.V. is Rs.32000 with a profit of 19%, then find the selling price?

A)39800
B)38080
C)42300
D)41800

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ANSWER: B)38080




Q13. Ramesh sold his bicycle at Rs. 2650 with a loss of 60%, then find the CP?

A)6625
B)5100
C)5250
D)5880

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ANSWER: A)6625




Q14. If the cost price is Rs.1.75 with a loss of 1.24 %, then find the selling price?

A)1.7283
B)1.7272
C)1.7325
D)1.8013

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ANSWER: A)1.7283




Q15. Arun bought the garments from the store Rs.4995.He got two successive profits of 80% and 20%, respectively. Then his total profit % is

A)92%
B)98%
C)96%
D)116%

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ANSWER: D)116%




Q16. When there is a profit of 40% and loss of 20%, then the resultant profit will be ?

A)profit of 11%
B)loss of 14%
C)profit of 12%
D)loss of 16%

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ANSWER: C)profit of 12%




Q17. If a shopkeeper marks his item at 10% above the C.P. and allows customers a discount of 2% for cash, then profit is

A)6.6%
B)8%
C)9%
D)6%

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ANSWER: A)6.6%




Q18. If the C.P. of 20 Oranges be equal to S.P. of 12 Oranges. The gain % is

A)66.66%
B)33.33%
C)60%
D)29%

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ANSWER: A)66.66%




Q19. If the marked price of a Car is Rs.200000 and a discount of 5% is given on it, What is the S.P. of the Car?

A)150000
B)190000
C)185000
D)none of these

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ANSWER: B)190000




Q20. A shopkeeper marks his goods 40% above the C.P. and allows a discount of 10% .Then his gain percent is

A)60%
B)40%
C)14%
D)None of these

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ANSWER: C)14%




Q21. If the Selling Price of a Car is Rs. 4,00,000 with a profit of 38%, then find the Cost price?

A)Rs. 338983.1
B)Rs. 345634.05
C)Rs.234232.22
D)Rs.354364.80

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ANSWER: A)Rs. 338983.1




Q22. Alok bought a Camera , if Cost price of a Camera was Rs.49900 with a profit of 7.25%, then find the selling price?

A)52800.00
B)53517.5
C)53519.00
D)55899.00

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ANSWER: B)53517.5




Q23. Mr.Mehta sold his flat at Rs. 145650 with a loss of 12.22%, then find the CP?

A)136625
B)165511
C)125250
D)165926

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ANSWER: D)165926




Q24. Apples are bought at 15 for a rupee and a same number of apples at 18 for a rupee. If these are mixed and sold at 17 for a rupee, then the loss or gain % is

A)loss of 0.99%
B)loss of 3.74%
C) gain of 1.50%
D) loss of 1.25%

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ANSWER: B)loss of 3.74%




Q25. A single discount which is equal to two successive discounts of 15% and 10% is

A)23.5%
B)22%
C)25%
D)12.25%

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ANSWER: A)23.5%




Q26. Himanshu bought a number of Pen at 3 for a rupee and an equal number at 2 for a rupee. At what price per dozen should he sell them to make a profit of 20%.

A)Rs.10
B)Rs.8
C)Rs.4
D)Rs.6

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ANSWER: D)Rs.6




Q27. Alok sells two watches at Rs.1188 each and gains 10% on the first and loses 10% on the second. What is the loss or gain percent?

A)-1%
B)+1%
C)-2%
D)+3%

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ANSWER: A)-1%




Q28. By selling 8 dozen pen, a shopkeeper gains the S.P. of 1 Dozen pen. What is his gain?

A)10%
B)12%
C)14.28%
D)16%

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ANSWER: C)14.28%




Q29. By giving 25% discount a broker gets 25% profit. If he sells the item at 10% discount, what is his profit?

A)40%
B)50%
C)60%
D)None of these

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ANSWER: B)50%




Q30. If C.P. of 18 oranges be equal to S.P. of 16 oranges, find the gain percent ?

A)11%
B)12.5%
C)13%
D)25%

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ANSWER: B)12.5%




Q31. If the Selling Price of a Home is Rs. 12,00,000 with a profit of 4.5%, then find the Cost price?

A)Rs. 1148325
B)Rs. 109999
C)Rs.110879
D)Rs.109988

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ANSWER: A)Rs. 1148325




Q32. Abhay bought a Computer , if Cost price of a Computer was Rs.29900 with a profit of 3.25%, then find the selling price?

A)30797.00
B)30871.75
C)30946.50
D)31096.00

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ANSWER: B)30871.75




Q33.If the S.P. of a commodity is 0.75 with a loss of 60%, then find the CP?

A)1.87
B)0.90
C)0.98
D)1.40

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ANSWER: A)1.87




Q34. If the cost price of a Diamond is Rs.999999 with a loss of 2.25 %, then find the selling price?

A)977499
B)979999
C)979232
D)979100

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ANSWER: A)977499




Q35. By selling a car for Rs.40000 a dealer got two successive profits of 5% and 2%, respectively. Then his total profit % is

A)7%
B)9%
C)8%
D)7.1%


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ANSWER: D)7.1%




Q36. When there is a profit of 11% and loss of 11%, then the resultant profit will be ?

A)profit of 1%
B)loss of 1%
C)profit of 1.21%
D)loss of 1.21%

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ANSWER: D)loss of 1.21%




Q37.When CP= Rs. 200 and there is a loss of 8%. Then S.P. is

A)184
B)212
C)250
D)none of these

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ANSWER: A)184




Q38. If the marked price of a Shirt is Rs.2000 and a discount of 15% is given on it, What is the S.P. of the Fan?

A)1500
B)1700
C)1850
D)none of these

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ANSWER: B)1700





Q39.If the S.P. of a cycle is Rs.500 with a loss of 80%, then its C.P. is

A)1500
B)2000
C)2500
D)none of these

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ANSWER: C)2500




Q40. If there is a profit of R%, then C.P. is equal to

A) 100x S.P./ (100-R)
B)R+S.P./100
C)RxS.P./100
D)100xS.P./(100+R)

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ANSWER: D)100xS.P./(100+R)




Q41. If the Selling Price of a fan is Rs. 4000 with a profit of 1.33%, then find the Cost price?

A)Rs. 3947.49
B)Rs. 3598.45
C)Rs.3243.22
D)Rs.3178.00

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ANSWER: A)Rs. 3947.49




Q42. If Cost price of a Commodity is Rs. 459870 with a profit of 16.25%, then find the selling price?

A) 554398.9
B) 534598.9
C) 532598.9
D) 534580.9

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ANSWER: B) 534598.9




Q43. If the S.P. of a Reliance Share is 1575 with a loss of 1.5%, then find the CP?

A)1598.98
B)1600
C)1602
D)1596

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ANSWER: A)1598.98




Q44. If the cost price of a Car is Rs.184820 with a loss of 46 %, then find the selling price?

A)99802.8
B)342259
C)92410.0
D)16749.8

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ANSWER: A)99802.8




Q45. If 1/3 of a project was sold at 12% profit, 5/9 at 18% profit and the rest at a profit of 27% . If there was an overall profit of Rs. 2000, then the value of the project is

A)9000.80
B)11764.71
C)12000
D)12489.76

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ANSWER: B)11764.71




Q46. If the C.P. of 200 Bottles be equal to S.P. of 100 Oranges. The gain % is

A)100%
B)50%
C)75%
D)150%

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ANSWER: A)100%




Q47. If a shopkeeper marks his item at 16% above the C.P. and allows customers a discount of 4% for cash, then approx.profit is

A)9%
B)13%
C)10%
D)11.30%

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ANSWER: D)11.30%




Q48. By selling a flat for Rs.4,00,000 a broker got two successive profits of 25% and 10%, respectively. Then his total profit % is

A)35%
B)39%
C)38%
D)37.5%

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ANSWER: D)37.5%




Q49. When there is a profit of 21% and loss of 20%, then the resultant profit will be ?

A)profit of 1%
B)loss of 1%
C)profit of 3.2%
D)loss of 3.2%

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ANSWER: D)loss of 3.2%




Q50. A businessman bought two cars for Rs.800000. He sold one car at a profit of 30% and the other at a loss of 10%. If the S.P. of cars is same, then the cost price of each car is

A)650000 and 250000
B)400000 and 400000
C)472727.3 and 327272.7
D)none of these

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ANSWER: C) 472727.3 and 327272.7



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