Quantitative Aptitude :: Profit and Loss Problems And Answers


Profit and Loss Formulaes

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101. A fruit seller buys lemons at 2 for a rupee and sells them at  5 for three rupees. His gain percent is

A. 10% B. 15%
C. 20% D. 25%
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102. After deducting a commission of 5%, a TV set costs Rs.9595. Its marked price is 

A. Rs.10000 B. Rs.10074.25 
C. Rs.10100 D. Rs.12000
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103. If a person sells a ‘sari’ for Rs.5200, making a profit of 30%, then the cost price of the sari is

A. Rs.4420 B. Rs.4000 
C. Rs.3900 D. Rs.3800 
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104. If the selling price of 40 articles is equals to the cost price of 50 articles, then the loss or gain per cent is

A. 25% loss B. 20%loss
C. 25% gain D. 20% gain
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105. Oranges are bought at the rate of 10 for Rs.25 and sold at the rate of 9 for Rs.25. The profit is

A. 9 1/11% B. 10%
C. 11 1/9%  D. 12 ½%
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106. Nikhil bought a painting at a certain price and sold it at Rs.462000 which was 10% more than the original price. What was the price at which Nikhil bought the painting?

A. Rs.420000 B. Rs.440000 
C. Rs.402000  D. Cannot be determined
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107. The labeled price of a product is Rs.620. If it is sold at 15% discount and the dealers earn a 20% profit, what is the cost price?

A. Rs.439.16 B. Rs.423.16
C. Rs.412.16 D. Rs.436.11
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108.  If  the cost of 12 pencils is equal to selling price of 10 pencils, the profit per cent in  the transaction is

A. 16 2/3%   B. 18%
C. 20% D. 25%
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109. When a discount of 12% on the marked price of an article is allowed, the article is sold for Rs.264. The marked price of the article is

A. Rs.300 B. Rs.276
C. Rs.312  D. Rs.325
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110. Successive discounts of 20% and 15% are equivalent to a single discount of

A. 35% B. 32%
C. 17.5% D. 17%  
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Related Topics

Problems on volume
Ration and Proportion
Coordinate Geometry
Simple Interest
Percentage
Permutations




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