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.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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  • Q2.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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  • Q3.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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  • Q4.If Sohan, while selling two goats at the same price, makes a profit of 10% on one goat and suffers a loss of 10% on the other

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  • Q5.Seema bought 20 pens, 8 packets of wax colours, 6 calculators and 7 pencil boxes. The price of one pen is Rs. 7, one packet of wax colour is for Rs. 22, one calculator is for Rs. 175 and one pencil box costs Rs. 14 more than the combined price of one pen and one packet of wax colours. How much amount did Seema pay to the shopkeeper?

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  • Q6.How many kgs of special basmati rice costing Rs. 84 kg should a shopkeeper mix with 25 kgs of ordinary rice costing Rs. 48 per kg so that he makes a profit of 25% on selling the mixture at Rs. 80 kg. ?

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  • Q7.In a bag, there are three types of coins – 1 rupee, 50 paise and 25 paise in the ratio 3 : 8 : 20. Their total value is Rs. 372. Find the total number of 50 paise coins?

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  • Q8.Shyam mixed two quality of rice 30 kg. each and sold it at rate of 20.60 per kg. He purchased 30 kg at rate 19.50 per kg then find out the price per kg. of another 30 kg rice?

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  • Q9.Find the gain percent if a dishonest shopkeeper sells the good at cost price but reduces the weight to 940 gm for the 1 kg.?

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  • Q10.An article was purchased for Rs. 78,350/-. Its price was marked up by 30%. It was sold at a discount of 20% on the marked up price. What was the profit percent on the cost price?

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