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Quantitative Aptitude :: Profit and Loss Problems And Answers


Profit and Loss Formulaes

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41. Mrudul invested an amount of Rs.29500/- in order to start a business. Shalaka joined her 4 months later by investing an amount of Rs.33500/-. If the business earned a profit of Rs.120575/- at the end of two years, what was Mrudul’s share of the profit?
A. Rs.60725/-  B. Rs.61950/-  
C. Rs.59250/- D. Rs.58625/- 
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42. The cost of five chairs and three tables is Rs.3110. Cost of one chair is Rs.210 less than cost one table. What is the cost of two tables and two chairs?
A. Rs.1660/-  B. Rs.1860/-
C. Rs.2600/- D. Cannot be determined 
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43. Meena bought a watch with 25% discount on the selling price. If the watch cost her Rs.1545. What is the original selling price of the watch?
A. Rs.2050 B. Rs.2040
C. Rs.2030 D. Rs.2060
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44. Shreyas bought an article and sold it for 125% of its cost price. What was the cost price of the article, if Shreyas sold it for Rs.30750/-?
A. Rs.24600 B. b)Rs.25640
C. Rs.24250/-  D. Rs.23200
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45. If the cost of 8 erasers and 5 sharpeners is Rs.31/-, what will be the cost of 24 erasers and 10 sharpeners?
A. Rs.62/-   B. Rs.84/- 
C. Rs.78/-  D. None of these
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46. When a shop keeper sold 2/3 of an item, he got the cost price of the whole lot. What is the percentage of his profit?
A. 33 1/8% B. 66 2/3% 
C. 25% D. 50%
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47. If a quarter kilogram costs Rs.60 then how much will cost for 150 grams?
A. Rs.30 B. Rs.24
C. Rs.36 D. Rs.40
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48. Raju purchases 550 ml. of milk every day. If the cost of one litter of milk is Rs.44. How much amount will he pay in 45 days?
A. Rs.1098 B. Rs.1079
C. Rs.1089/- D. Rs.1099
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49. If the cost of 6 erasers and 4 sharpeners is Rs.21/-. What will be the cost of 24 erasers and 16 sharpeners?
A. Rs.62/- B. Rs.84/-
C. Rs.64/- D. Rs.88/-
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50. The profit earned after selling a T-shirt for Rs.575/- is the same as loss incurred after selling the same T-shirt for Rs.295/-. What is the cost price of the T-shirt?
A. Rs.425/- B. Rs.435/-
C. Rs.415/- D. Rs.245/-
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Related Topics

Percentage
Problems Based on Number
Coordinate Geometry
Time and Work
Problems on volume
Partnership



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