Quantitative Aptitude: Profit and Loss Set 6

Profit and Loss Questions NICL AO, IBPS PO/Clerk, OBC SO, Dena Bank PO, SBI PO, BOI and other competitive exams.

  1. If a person reduce his selling price of an article by rs40 then the suggested profit of 33(1/3)% convert into loss of 20%. Find the cost price?
    A) Rs60
    B) Rs75
    C) Rs100
    D) Rs150
    View Answer
    Option B
    Solution:

    .                                        C.P………………S.P
    33(1/3)% gain=1/3            3………………….4
    20%LOSS= 1/5                 5………………….4
    Make C.P same & we will get
    15………..20
    15…………12
    20-12 =8
    8 =40
    1 =5
    15 =75
  2. The price of an article increase by 20% and a man now get 10kg less, if he also reduce his consumption by 20%, then find how much kg of article he used to purchase in normal price?
    A) 15kg
    B) 20kg
    C) 30kg
    D) 40kg
    View Answer
    Option C
    Solution:

    .       100
    80             120
    120 -80 =40
    40/120 * T =10
    T = 30kg
  3. A shopkeeper sell his goods at 25% loss but he uses false weight of 30%. Find the loss or profit of shopkeeper in this whole process?
    A) 50/7% profit
    B) 50/3% profit
    C) 50/7% loss
    D) 50/3% loss
    View Answer
    Option A
    Solution:

    .          1000
    700                 750
    750 – 700 = 50
    50/700 *100 = 50/7% profit
  4. A shopkeeper sells an article at 25% profit. Had he bought it for 10% loss and sold it for rs16 less, he would have earned 30% profit. What is the actual cost price?
    A) 100
    B) 150
    C) 175
    D) 200
    View Answer
    Option D
    Solution:

    let C.P = 100
    CP………………….SP
    100……………….125
    At 10% loss
    90………………….117…..125- 117= 8
    .         +30% profit
    8 =16
    1 =2
    100 =200
  5. A dishonest milkman sells milk at cost price but he mixes water and earns 14(2/7)%. Find the ratio of mixture and milk in the mixture?
    A) 7 : 1
    B) 7 : 8
    C) 1 : 7
    D) 8 : 7
    View Answer
    Option D
    Solution:

    milk : water
    100 14(2/7)
    7 : 1
    Milk =7
    Mixture = 7+1 =8
    Mixture : milk
    8 : 7
  6. A man sells his two articles at Rs1200. At one he gains 25% and at another he gains 16(2/3)%. Overall he gains 20%. Find the cost price of first article?
    A) 500
    B) 400
    C) 600
    D) 700
    View Answer
    Option B
    Solution:

    first we find C.P of both
    20% gain = 1/5
    SP is 1200, so 1+5 = 6 = 1200. SO 5 = 1000
    25……………………………….50/3
    …..                 20
    10/3…………………………..5
    2 : 3
    2/5*1000 = 400
  7. A sold an article to B at the profit of 25%, B sold it to C at loss of 10% and C sold it to D at the profit of 20%. If D paid rs27, then how much A paid to buy this article?
    A) Rs20
    B) Rs15
    C) Rs12
    D) Rs9
    View Answer
    Option A
    Solution:

    125/100 * 90/100 * 120/100 * X = 27
    X = rs20
  8. A man buys some toffees at 5 toffee in 3rupee and same number of toffee at 5 toffee in rs4. He sold all of them at 5 toffee in 4 rupee. Find his overall gain or loss percent?
    A) 16(2/3)%
    B) 10%
    C) 20%
    D) 14(2/7)%
    View Answer
    Option D
    Solution:

    .           Rs………..Qty
    .             3………….5
    .             4………….5
    C.P       Rs7      10toffees
    He sold at 5toffees in Rs4 so for 10toffees he gets Rs8
    C.P =Rs27………. S.P = Rs28
    Profit % = 1/7 *100 = 14(2/7) %
  9. By selling 144 hens Mahesh suffer a loss equal to the selling price of 6 hens. Find his loss percent?
    A) 4%
    B) 3%
    C) 9%
    D) 4(1/2)%
    View Answer
    Option A
    Solution:

    loss = C.P – S.P
    S.P of 6 hen = C.P of 144 hens – S.P of 144 hens
    S.P of 150 hens = C.P of 144 hens
    6/150 *100 = 4% loss
  10. If a man wants to gain 33(1/3)% after allowing a discount of 16(2/3)%. Then find how much percent he has to increase his C.P to make M.P ?
    A) 33(1/3)%
    B) 50%
    C) 60%
    D) 66(2/3)%
    View Answer
    Option C
    Solution:

    gain 33(1/3)% =1/3
    C.P …………………..S.P
    3…………………………4
    Discount 16(2/3)% =1/6
    M.P…………………….S.P
    6………………………….5
    Now make S.P same and we will get..
    C.P………….S.P……………M.P
    15……………20……………..24
    24-15 = 9
    9/15 * 100 = 60%

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22 Thoughts to “Quantitative Aptitude: Profit and Loss Set 6”

  1. Jellyfish

    Thx AZ team nice quiz

  2. MAYANK BHARADWAJ100%

    PLEASE SIR/MADAM PROVIDE ONE RC DAILY,
    THREE QUESTIONS BASED ON PUZZLE-ORDER BASE, FLOOR BASE AND SEATING WITH BLOOD RELATION DAILY AND THREE QUESTIONS DI- CASELET, THREE PIE CHAR BASED AND ONE PROFIT AND LOSS BASED DI
    PLEASE TAKE MY QUERY AS SOON AS POSSIBLE
    thks AZ TEAM

    1. Ambika

      ok we ll try 🙂

      1. ↩⬆↪EKLAVYA ↩⬆↪

        RC LIKE SBI PATTERN
        Pllllllzzzzzzzzzzx

        1. Ambika

          yes sure 🙂

          1. Ambika

            we ll try 🙂

      2. jitendra srivastav

        mam explain solution 2

      3. Richard Parker

        Mam please explain sol. Of q2

    2. Marry..

      i m agree wid u

  3. _/_

    A sold an article to B at the profit of 25%, B sold it to C at loss of 10% and C sold it to D at the profit of 20%. If D paid rs27, then how much A paid to buy this article?
    A) Rs20
    B) Rs15
    C) Rs12
    D) Rs9

    1. AVI™ (Sinchen loveR)

      100*125/100*90/100*120/100=135
      27/135*100=20 ANS

    2. _/_

      koi acche se smjha do i forget logic
      shortcut vala

  4. AVI™ (Sinchen loveR)

    All Done
    >>>TY,,,TY<<<

    1. Pooja?P.O. ??2017????

      8th me cp 27 kse hua

      1. AVI™ (Sinchen loveR)

        bhai ye method to muje bi smj nhi aaya mne apna method use kiya
        5 = 3rs
        5 = 4rs
        total = 10 = 7rs purchase kr rha h
        4rs m 5 sell kr rha h an equal kr do dono ko
        (4) 10 = 7 (4) = 40 = 28
        (7) 05= 4 (7) = 35 = 24
        40/35*100 = 14 (2/7)%

        1. Pooja?P.O. ??2017????

          Ok got it..thnks nd am girl…?

          1. AVI™ (Sinchen loveR)

            upps srry kuz mention nhi aapke name k aage so 😛
            btw ur always wlc :))))

      2. $~$PrAdeEP$K$~$~$

        see here an alternate method iif u didnt got the concept…:)
        since toffees are in numbers of 5 so take any no.which is is a multiple of 5
        let it be 10 ie 10 toffees each
        now 5 toffees for 3
        => 10 toffes for 6
        similarly
        5 toffees for 4
        =>10 toffees for 8
        => total cp =14
        now
        5 toffees for 4
        => 20 toffees for 16 => sp =16,cp =14
        => profit =2 & p% =2/14*100 =14(2/7)%

  5. EKTA

    mam question no 2 is nt cleared to me ,

  6. PHENOMENAL

    @Shubhra_AspirantsZone:disqus thanx maam, plzz provide set on percentage topic(high level miscllenious questions)

  7. Silent Reader

    explain Q 2 & 3 in detail.

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