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.

  • Q43.Ram bought a combined total of 50 laptops and calculators. He marked up the laptops by 20% on CP while each calculator was marked up by Rs. 2000. He was able to sell 75% of the monitors and 4 calculators and make a profit of Rs. 97,000. The remaining laptops and 6 calculators could not be sold by him. Find his overall profit or loss if he gets no return on unsold items and it is known that a calculators costs 50% of a laptops.

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  • Q44.A cycle dealer buys 60 rickshaws for Rs.9450. Of these, 16 are rangers and rest are non rangers. At what price must he sell the rangers so that if he sells the non rangers at 3/4th of this price, he makes a profit of 40% on his outlay?

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  • Q45.A shopkeeper bought 30kg of wheat at the rate of Rs45 per kg. He sold 40% of the total quantity at the rate of Rs50 per kg. Approximately, at what price per kg should he sell the remaining quantity to make a profit of 25% overall?

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  • Q46.A shopkeeper labelled the price of his articles so as to earn a profit of 40% on the cost price. He then sold the articles by offering a discount of 15% on the labelled price. What is the actual percent profit earned in the deal?

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  • Q47.A man purchases 10 horses at Rs. 4000 each. 1 horse died. He sold 2 horses at 5% loss; at what rate he should sale the remaining horses, so as to gain a Profit of 10 % on the total Cost?

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  • Q48.The profit earned after selling an article for Rs. 1992 is the same as loss incurred after selling the article for Rs. 1788. What is the cost price of the article?

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  • Q49.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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