Quantitative Aptitude: Profit and Loss Set 26

1. A scooter and a bike were sold for rs. 9100 each. The scooter was sold at a loss of 30% and the bike at a gain of 30%. The entire transactions has resulted in how much amount loss?
   1800
   1400
   1100
   1600
   1700
   Option A
   Total SP on scooter and bike =9100+9100
   According to question,
   Total SP on both =9100/70*100+
   9100/130*100 =13000+7000=20,000
   The result in whole transaction is = 20,000-18,200=1800 loss.
   
    



2. The selling price of a book decreased by〖33〗_3^1 but the revenue generated by the sale of DVDs remained same. What is the percentage increase in the number of DVDs sold ?
   40%
   50%
   30%
   20%
   10%
   Option B
   Let the old SP and revised SP =3x and 2x
   Price * no. items =Revenue
   ATQ, revenue in both case is equal
   Then , Ratio of no. of times = 2.3
   revenue = 3x*2 =2x*3
   increased in no. of times =1/2*100 =50%
   
    



3. The cost price 20 articles is the same as the selling price of x articles . If the profit is 25%, then the value of x is,
   14 articles
   16 articles
   17 articles
   18 articles
   19 articles
   Option B
   CP of 20 articles = SP of x articles
   CP/SP= x/20
   profit= 20-x
   profit%= 20x-x/x*100
   25=20-x/x*100
   x=16 articles
   
    



4. A loss of 19% is converted to profit of 17%, when the selling price of articles is increased by rs. 360. Find the cost price of article.
   2000
   1000
   3000
   4000
   5000
   Option B
   Let CP of articel = 100
   Difference in % increased in profit and loss =+17-(-19) = 17+19 =36%
   36%=360
   CP=360/36*100= 1000
   
    



5. A person earns a profit of 20% by selling the pen after allowing a discount of 15% . If marked price of the pen is 600. Then find the cost price of the pen.
   324
   425
   556
   226
   110
   Option B
   CP= 600*85/100*100/120=rs 425
   
    



6. A man buys a rice packet for rs.3600. He sells 1/3rd at a loss of 20% and 2/5th at a loss of 25%. At what price must he sell the remaining rice so as make an overall profit of 10%?
   1400
   1200
   1800
   2000
   none of these
   Option B
   Total CP= rs.3600
   overall profit=10%
   total SP=3600*110/100=3960
   ATQ, in 1st case CP=1/3rd of 3600=1200
   loss=20%
   SP=960
   in 2nd case CP=2/5th 3600=1440
   profit=25%
   SP=1440*125/100=1800
   total SP in both cases=1800+960=2760
   remaining SP=3960-2760=1200
   
    



7. A shopkeeper marked MRP of a product after giving 10% discount, he earns 20% profit. What will be his profit or loss percent if he allows a discount of 15%?
   40/3
   25/3
   20/3
   10/3
   none of these
   Option A
   Let MP be rs.100x
   SP=rs.90x
   CP=90x*100/120=75x
   new SP=100-15=85x
   profit%=10/75*100=40/3%
   
    



8. Sriman sold a table for rs.950. If he had sold it for rs.50 more, the selling price would be 25% more than cost price, what is the profit percent when article is sold for rs.200 more than original selling price?
   40
   38
   42.75
   43.75
   50
   Option D
   
   
    



9. A book vendor sold a book at a loss of 10%. Had he sold it for rs.108 more, he would have earned a profit of 10%. Find the CP of book.
   540
   630
   600
   580
   none of these
   Option A
   Let CP of book=100x
   loss=10%
   SP=90x
   when,profit 10%, SP=110x
   difference in SP=110x-90x=20x
   CP=108/20x*100x=rs.540
   
   
    



10. One trader calculates the percentage of profit of a ticket on the buying price and another calculates on the selling price. When their selling price are the same, then difference of their actual profit is rs.80 and both claim to have made 20%profit. What is the selling price of each.
    2000
    3200
    3400
    2800
    2400
    Option E
    Let CP of ticket in both cases=100x
    profit=20%
    in 1st case CP=100x
    when profit 20% on CP, profit=20x
    SP=120x
    in 2nd case, CP=100x
    SP=120x
    when profit 20% on SP, profit=24x
    difference of profit in both cases,4x=80
    SP of ticket=80/4x*120x=2400
    
    
     

 

Click here for topic wise Quantitative Aptitude Questions