Profit & Loss

Are you preparing for campus placements,Banking,SSC, IAS, Insurance,Defence and other competitive exams? Then, make sure to take some time in practicing the Profit and Loss questions and answer in Quantitative Aptitude. Moreover, only those questions are included that are relevant and likely to be asked in any competitive exam. So, take these questions and answer, brush up your skills and practice to stay fully prepared for any your exam.

  • Q1.A trader bought chocolates at three for a hundred rupees. How many chocolates should he sell for a hundred to gain 50%: (L2)

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  • Q2.A shopkeeper bought pens at 24 for Rs. 40 and sold them at 16 for Rs. 24. Find his gain or loss: (L2)

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  • Q3.A shop keeper bought a washing machine at 20% discount and sold at 15% profit for Rs.4416. What is the original price he bought the TV? (L2)

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  • Q4.The numerator and denominator of a fraction is increased and decreased by 15% and 20% respectively and the fraction becomes 230/240. What is the original fraction?

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  • Q5.The profit earned when a calculator is sold for 1600 is 20 times the loss incurred when it is sold for Rs. 550. At what price should the calculator be sold if it is desired to make a profit of 25%?

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  • Q6.A manufacturer makes 2500 articles for 2, 50,000 every week. In a particular week, he distributed 250 articles as free samples to attract the new customer base. Besides, he was able to sell 2/3 of the remaining stock at a discount of 20%. And the remaining stock was sold at the marked price (which was 200 per article). Find the percentage of profit for the week (assume a uniform 20% of the sale price as the vendor’s discount and also assume he means no income for distributing free samples)

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  • Q7.A person purchases 100 pens at a discount of 10%. The net amount of money spent by the person to purchase the pens is Rs 600. The selling expenses incurred by the person are 15% on the net cost price. What should be the selling price for 100 pens in order to earn a profit of 25%?

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