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Profit and Loss Aptitude Questions for Competitive Exams

4 years ago 10.3K Views
Q :  

An article is sold at a profit of 25 %. If the selling price is doubled, the profit % will be: 

(A) 100%

(B) 50%

(C) 200%

(D) 150%

Correct Answer : D

Q :  

Two - third of a consignment was sold at a profit of 5% and the remaining at a loss of 2 %. If the total profit was Rs. 400. then the value of the consignment was

(A) Rs . 16,000

(B) Rs . 16,500

(C) Rs . 15,000

(D) Rs . 15,500

Correct Answer : C

Q :  

A man sells an article at 5 % above its cost price. If he had bought it at 5 % less than what he had paid for it and sold it at Rs. 2 less, he would have gained 10 %. The cost price of the article is 

(A) Rs. 400

(B) Rs. 100

(C) Rs. 200

(D) Rs. 300

Correct Answer : A

Q :  

If the cost of pins reduces by Rs . 4 per dozen, 12 more pins can be purchased for Rs. 48. The cost of pins per dozen after reduction is: 

(A) Rs. 16

(B) Rs. 20

(C) Rs. 8

(D) Rs . 12

Correct Answer : D

Q :  

There would be a 10 % loss. if rice is sold at ₹ 54 per kg. To earn a profit of 20 %, the price of rice per kg will be 

(A) ₹ 63

(B) ₹ 65

(C) ₹ 72

(D) ₹ 70

Correct Answer : C

Q :  

A businessman sells a commodity at 10 % profit. If he had bought it at 10 % less and sold it for Rs. 2 less, then he would have gained . The cost price of the commodity is 

(A) Rs . 32

(B) Rs . 48

(C) Rs . 36

(D) Rs . 40

Correct Answer : D

Q :  

On selling 17 balls at Rs. 720 there is a loss equal to the cost price of 5 balls. The cost price of a ball is: 

(A) Rs. 60

(B) Rs. 55

(C) Rs. 45

(D) Rs. 50

Correct Answer : A

Q :  

By selling a bicycle for Rs. 2,850 a shopkeeper gain 14%. If the profit is reduced to 8 %, then the selling price will be 

(A) Rs. 2,800

(B) Rs. 3,000

(C) Rs. 2,600

(D) Rs. 2,700

Correct Answer : D

Q :  

A shopkeeper sold sarees at Rs. 266 each after giving 5 % discount on labelled price. Had he not given the discount, he would have earned a profit of 12 % on the cost price. What was the cost price of each saree? 

(A) Rs. 240

(B) Rs. 250

(C) Rs. 280

(D) Rs. 260

Correct Answer : B

Q :  

A man bought 20 dozen eggs for Rs. 720. What should be the selling price of each egg if he wants to make a profit of 20 %? 

(A) Rs. 3.50

(B) Rs. 3.60

(C) Rs. 3.25

(D) Rs. 3.30

Correct Answer : B

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