laboursonline – MCQs, Mock Tests | Aptitude Aptitude Profit and Loss Set 1

A cycle is bought for Rs.900 and sold for Rs.1080, find the gain percent?

1. 16 2/3%
2. 20%
3. 18%
4. 25%

✅ Correct Answer: 2

An article is bought for Rs.675 and sold for Rs.900, find the gain percent?

1. 16 2/3%
2. 30%
3. 33 1/3%
4. 33 1/6%

✅ Correct Answer: 4

An article is bought for Rs.600 and sold for Rs.500, find the loss percent?

1. 16 4/3%
2. 100/3%
3. 16%
4. 2/3%

✅ Correct Answer: 4

The cost price of a radio is Rs.1500 and it was sold for Rs.1230, find the loss %?

1. 18%
2. 9%
3. 15%
4. 6%

✅ Correct Answer: 1

A watch was sold at a loss of 10%. If it was sold for Rs.140 more, there would have been a gain of 4%. What is the cost price?

1. Rs.1000
2. Rs.1140
3. Rs.860
4. Rs.760

✅ Correct Answer: 1

The sale price sarees listed for Rs.400 after successive discount is 10% and 5% is?

1. Rs.357
2. Rs.340
3. Rs.342
4. Rs.338

✅ Correct Answer: 3

The list price of an article is Rs.65. A customer pays Rs.56.16 for it. He was given two successive discounts, one of them being 10%. The other discount is?

1. 3%
2. 4%
3. 5%
4. 6%

✅ Correct Answer: 2

A single discount equivalent to the discount series of 20%, 10% and 5% is?

1. 25%
2. 30%
3. 31.6%
4. 33.5%

✅ Correct Answer: 3

What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20%?

1. 20%
2. 25%
3. 13 1/30%
4. 12%

✅ Correct Answer: 1

A trader bought a car at 20% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price?

1. 10%
2. 11%
3. 12%
4. 15%

✅ Correct Answer: 3

A man sells a horse for Rs.800 and loses something, if he had sold it for Rs.980, his gain would have been double the former loss. Find the cost price of the horse?

1. Rs.900
2. Rs.875
3. Rs.850
4. Rs.860

✅ Correct Answer: 4

By selling a house for Rs.45000, it was found that 1/8 of the outlay was gained, what ought the selling to price to have been in order to have lost 5 p.c?

1. Rs.38750
2. Rs.38000
3. Rs.40000
4. Rs.42000

✅ Correct Answer: 2

If a man lost 4% by selling oranges at the rate of 12 a rupee at how many a rupee must he sell them to gain 44%?

1. 7
2. 8
3. 9
4. 10

✅ Correct Answer: 2

By selling 150 mangoes, a fruit-seller gains the selling price of 30 mangoes. Find the gain percent?

1. 20%
2. 25%
3. 18%
4. 30%

✅ Correct Answer: 2

The C.P of 10 pens is equal to the S.P of 12 pens. Find his gain % or loss%?

1. 16 2/3% profit
2. 50/6% profit
3. 16 2/3% loss
4. 100/3% loss

✅ Correct Answer: 3

The C.P of 15 books is equal to the S.P of 18 books. Find his gain% or loss%?

1. 16 2/3% loss
2. 100/3% loss
3. 50/3% profit
4. 100/3% loss

✅ Correct Answer: 1

By selling 12 pencils for a rupee a man loses 20%. How many for a rupee should he sell in order to gain 20%?

1. 8
2. 9
3. 12
4. 16

✅ Correct Answer: 1

The cost price of 13 articles is equal to the selling price of 11 articles. Find the profit percent?

1. 15 5/15%
2. 18 2/11%
3. 16 2/3%
4. 30%

✅ Correct Answer: 2

By selling 50 meters of cloth. I gain the selling price of 15 meters. Find the gain percent?

1. 35%
2. 30%
3. 40%
4. 42 6/7%

✅ Correct Answer: 4

Ram sold two bicycles, each for Rs.990. If he made 10% profit on the first and 10% loss on the second, what is the total cost of both bicycles?

1. Rs.2000
2. Rs.1980
3. Rs.1891
4. Rs.1750

✅ Correct Answer: 1

A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?

1. 20%
2. 45%
3. 44%
4. 48%

✅ Correct Answer: 3

A dishonest dealer professes to sell goods at the cost price but uses a weight of 800 grams per kg, what is his percent?

1. 20%
2. 25%
3. 30%
4. 15%

✅ Correct Answer: 2

Ram professes to sell his goods at the cost price but he made use of 900 grms instead of a kg, what is the gain percent?

1. 11%
2. 11 2/9%
3. 1/9%
4. 10%

✅ Correct Answer: 3

A dishonest dealer professes to sell goods at the cost price but uses a false weight and gains 25%. Find his false weight age?

1. 700 gms
2. 750 gms
3. 800 gms
4. 850 gms

✅ Correct Answer: 3

A man purchases 8 pens for Rs.9 and sells 9 pens for Rs.8, how much profit or loss does he make?

1. 20.98% profit
2. 20.98% loss
3. 20.89% profit
4. 20.89% loss

✅ Correct Answer: 2

A reduction of 25% in the price of oil enables a house wife to obtain 5kgs more for Rs.800, what is the reduced price for kg?

1. Rs.20
2. Rs.30
3. Rs.40
4. Rs.25

✅ Correct Answer: 3

A reduction of 20% in the price of salt enables a lady to obtain 10kgs more for Rs.100, find the original price per kg?

1. 2 3/2
2. 2/3
3. 2.5
4. 3

✅ Correct Answer: 3

A man buys two articles for Rs.1980 each and he gains 10% on the first and loses 10% on the next. Find his total gain or loss percent?

1. 1% gain
2. 1% loss
3. 10% loss
4. no gain or no loss

✅ Correct Answer: 1

A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on the next. Find his total gain or loss?

1. 9% loss
2. 400
3. 4000
4. 324

✅ Correct Answer: 1

I bought two books; for Rs.480. I sold one at a loss of 15% and other at a gain of 19% and then I found each book was sold at the same price. Find the cost of the book sold at a loss?

1. Rs.28
2. Rs.280
3. Rs.140
4. Rs.70

✅ Correct Answer: 2

A man buys an article and sells it at a profit of 20%. If he had bought it at 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?

1. Rs.370
2. Rs.375
3. Rs.350
4. Rs.300

✅ Correct Answer: 2

A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?

1. Rs.250
2. Rs.225
3. Rs.275
4. Rs.200

✅ Correct Answer: 1

If goods be purchased for Rs.840 and one-fourth be sold at a loss of 20% at what gain percent should the remainder be sold so as to gain 20% on the whole transaction?

1. 30%
2. 33%
3. 33 1/3%
4. 35%

✅ Correct Answer: 3

A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent?

1. 75%
2. 50%
3. 100%
4. 80%

✅ Correct Answer: 3

At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price?

1. Rs.62.50
2. Rs.72.50
3. Rs.75.00
4. Rs.80.00

✅ Correct Answer: 1

At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price?

1. Rs.62.50
2. Rs.72.50
3. Rs.75.00
4. Rs.80.00

✅ Correct Answer: 1

A trader marked the price of a car 20% above the cost price and allowed the purchaser 5% discount on the marked price there by gained Rs.8400. Find the cost price of the car?

1. Rs.60000
2. Rs.75000
3. Rs.68400
4. Rs.78400

✅ Correct Answer: 1

A trader marked the price of the T.V. 30% above the cost price of the T.V. and gave the purchaser 10% discount on the marked price, thereby gaining Rs.340. Find the cost price of the T.V?

1. Rs.2250
2. Rs.2000
3. Rs.2150
4. Rs.2200

✅ Correct Answer: 2

A person buys an article at Rs.500. At what price should he sell the article so as to make a profit of 20%?

1. Rs.600
2. Rs.500
3. Rs.250
4. Rs.700

✅ Correct Answer: 1

By selling an article at Rs.600, a profit of 25% is made. Find its cost price?

1. Rs.350
2. Rs.400
3. Rs.573
4. Rs.480

✅ Correct Answer: 4

By selling an article at Rs.800, a shopkeeper makes a profit of 25%. At what price should he sell the article so as to make a loss of 25%?

1. Rs.600
2. Rs.480
3. Rs.500
4. Rs.450

✅ Correct Answer: 2

A shopkeeper sells two articles at Rs.1000 each, making a profit of 20% on the first article and a loss of 20% on the second article. Find the net profit or loss that he makes?

1. neither profit nor loss
2. 3%
3. 5%
4. 4%

✅ Correct Answer: 4

A shopkeeper buys mangoes at the rate of 4 a rupee and sells them at 3 a rupee. Find his net profit or loss percent?

1. 20%
2. 28%
3. 33 1/3 %
4. 35 2/7 %

✅ Correct Answer: 3

A dishonest dealer professes to sell his goods at Cost Price but still gets 20% profit by using a false weight. What weight does he substitute for a kilogram?

1. 855 1/2 grams
2. 833 1/3 grams
3. 833 1/2 grams
4. 875 2/7 grams

✅ Correct Answer: 2

The owner of a furniture shop charges his customer 24% more than the cost price. If a customer paid Rs. 8339 for a computer table, then what was the cost price of the computer table?

1. Rs. 5725
2. Rs. 5275
3. Rs. 6275
4. Rs. 6725

✅ Correct Answer: 4

A person purchased a TV set for Rs. 16000 and a DVD player for Rs. 6250. He sold both the items together for Rs. 31150. What percentage of profit did he make?

1. 30%
2. 35%
3. 40%
4. 45%

✅ Correct Answer: 3

Ramu bought an old car for Rs. 42000. He spent Rs. 13000 on repairs and sold it for Rs. 64900. What is his profit percent?

1. 14%
2. 16%
3. 18%
4. 22%

✅ Correct Answer: 3

A trader sells 85 meters of cloth for Rs. 8925 at the profit of Rs. 15 per metre of cloth. What is the cost price of one metre of cloth?

1. Rs. 80
2. Rs. 85
3. Rs. 90
4. Rs. 95

✅ Correct Answer: 3

A shopkeeper loses 15%,if an article is sold for Rs. 102. What should be the selling price of the article to gain 20%?

1. Rs. 150
2. Rs. 144
3. Rs. 138
4. Rs. 132

✅ Correct Answer: 2

A shopkeeper loses 15%,if an article is sold for Rs. 102. What should be the selling price of the article to gain 20%?

1. Rs. 150
2. Rs. 144
3. Rs. 138
4. None of these

✅ Correct Answer: 2

If an article is sold at 19% profit instead of 12% profit, then the profit would be Rs. 105 more. What is the cost price?

1. Rs. 1505
2. Rs. 1510
3. Rs. 1500
4. Rs. 1490

✅ Correct Answer: 3

Raman mixed 24 kg of butter at Rs. 150 per kg with 36 kg butter at the rate of Rs. 125 per kg. At what price per kg should he sell the mixture to make a profit of 40% in the transaction?

1. Rs. 135
2. Rs. 162
3. Rs. 189
4. Rs. 198

✅ Correct Answer: 3

Vijay bought 160 shirts at the rate of Rs. 225 per shirt. The transport expenditure was Rs. 1400. He paid an octroi at the rate of Rs. 1.75 per shirt and labour charges were Rs. 320. What should be the selling price of one shirt, if he wants a profit of 20%?

1. Rs. 258
2. Rs. 270
3. Rs. 277.5
4. Rs. 285

✅ Correct Answer: 4