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Learn Arithmetic Aptitude Profit and Loss , Quantitative Aptitude Practice Arithmetic Aptitude Profit and Loss Exercise, Free Online Profit and Loss Lessons Untitled Document
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Profit and Loss
The retail price of an article including the sale tax is Rs 2100.the rate of sale tax is 5%.if the shopkeeper has given10 % of the retail price as commission and gained a profit of Rs 300, then what is the cost price of the article?

a) Rs 2138
b) Rs 1500
c) Rs 1800
d) Rs 1200



Answer
Correct Answer Is : Rs 1500
Solution Is :
Ram bought an article for Rs 39 and sold it for a profit of 66 x 2/3 %.What is the selling price of the article?

a) Rs 89
b) Rs 65
c) Rs 106
d) Rs 56



Answer
Correct Answer Is : Rs 65
Solution Is :
A shopkeeper cheats to the extent of 10 % while buying and 15% while selling by using false weight. His total gain is:

a) 28%
b) 30%
c) 32%
d) 26.50%



Answer
Correct Answer Is : 26.50%
Solution Is :
A dishonest dealer proposes to sell at cost price but use a 880 gram weight instead of a 1 kilogram weight. Find the percent profit to the dealer.

a) 13 x 7/11 %
b) 15 x 9/11%
c) 23 x 3/11%
d) 54 x 1/11%



Answer
Correct Answer Is : 13 x 7/11 %
Solution Is :
A dishonest dealer proposes to sell goods at cost price but use a false weight and gains 7 x 22/9%.For 1 Kg he uses a weight of:

a) 958 gms
b) 942 gms
c) 928 gms
d) 932 gms



Answer
Correct Answer Is : 928 gms
Solution Is :
A shopkeeper kept the marked price of an article 10% above the cost price to gain more profit. He also uses a false weight and earns a profit of 15 x 15/19%.False weight used was what percent less then the original weight ?

a) 5%
b) 8%
c) 10%
d) 11%



Answer
Correct Answer Is : 5%
Solution Is :
A milk vendor sells milk at 15% more than the cost price and also add 2 litres of water to every day 6 litres of milk. Find the net gain.

a) 50%
b) 53 x 1/3%
c) 59 x 1/5%
d) 80 x 1/2%



Answer
Correct Answer Is : 53 x 1/3%
Solution Is :
A TV is sold at 20% profit. It is purchased at 20% less price and sold for Rs 40 less. There will be gain of 40%.The cost price of TV was:-

a) Rs 652
b) Rs 500
c) Rs 981
d) Rs345



Answer
Correct Answer Is : Rs 500
Solution Is :
A man earns a profit of 20%.If he sells an article for Rs 960.If his loss is 15%,the selling price of the article

a) Rs 850
b) Rs 740
c) Rs 679
d) Rs 680



Answer
Correct Answer Is : Rs 680
Solution Is :
Successive discounts of 40%,25% and 10% amount to a single discount of

a) 51%
b) 59.50%
c) 26%
d) 43.50%



Answer
Correct Answer Is : 59.50%
Solution Is :

Preparation for Exams

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