Profit and Loss

Profit and Loss

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Aptitude miscellaneous
  1. The C.P of 10 articles is equal to the S.P. of 15 articles. What is the profit or loss percentage?








  1. View Hint View Answer Discuss in Forum

    Let C.P. of each article be Re. 1.
    C.P. of 15 articles = Rs. 15
    Their S.P. = Rs. 10
    Loss = C.P. - S.P. = 5 - 10 = 5

    ∴ Loss percent =
    Loss
    		 × 100
    C.P. of 15 articles

    Correct Option: D

    Let C.P. of each article be Re. 1.
    C.P. of 15 articles = Rs. 15
    Their S.P. = Rs. 10
    Loss = C.P. - S.P. = 5 - 10 = 5

    ∴ Loss percent =
    Loss
    		 × 100
    C.P. of 15 articles

    Loss percent =
    5
    		 × 100
    15

    Loss percent =
    100
    		= 33.3%
    3

  1. If the profit on selling an article for Rs. 425 is the same as the loss on selling it for Rs. 355, then the cost price of the article is








  1. View Hint View Answer Discuss in Forum

    Let the C.P. of article be Rs. y.
    Selling Price of article ( SP1> ) = Rs. 425 and SP2> = Rs. 355
    According to the question,
    425 – y = y – 355
    ⇒ 2y = 425 + 355 = 780

    Correct Option: D

    Let the C.P. of article be Rs. y.
    Selling Price of article ( SP1> ) = Rs. 425 and SP2> = Rs. 355
    According to the question,
    425 – y = y – 355
    ⇒ 2y = 425 + 355 = 780

    ⇒ y =
    780
    		 = Rs. 390
    2

  1. By selling an article for Rs. 450, I lose 20%. For what price should I sell it to gain 20 %?








  1. View Hint View Answer Discuss in Forum

    Given , Selling Price of article = Rs. 450 and Loss% = 20%

    ∴ C.P of article =
    100
    		 × Selling Price of article
    ( 100 - Loss% )

    C.P of article =
    100
    		 × 450
    100 - 20

    C.P of article =
    100 × 450
    		= Rs. 562.5
    80

    Correct Option: B

    Given , Selling Price of article = Rs. 450 and Loss% = 20%

    ∴ C.P of article =
    100
    		 × Selling Price of article
    ( 100 - Loss% )

    C.P of article =
    100
    		 × 450
    100 - 20

    C.P of article =
    100 × 450
    		= Rs. 562.5
    80

    ∴ To gain 20%
    S.P. =
    562.5 × 450
    		= Rs. 675
    100

  1. If bananas are bought at the rate of 4 for a rupee, how many must be sold for a rupee so as to gain 33 (1 / 3) %?








  1. View Hint View Answer Discuss in Forum

    As per the given in question ,
    Cost Price of 4 bananas = Re. 1

    S.P. of 4 bananas = 100 +
    100
    		% of Re. 1
    3

    S.P. of 4 bananas = Rs.
    400
    		 = Rs.
    4

    3003

    Correct Option: C

    As per the given in question ,
    Cost Price of 4 bananas = Re. 1

    S.P. of 4 bananas = 100 +
    100
    		% of Re. 1
    3

    S.P. of 4 bananas = Rs.
    400
    		 = Rs.
    4

    3003

    ∵ Number of bananas sold for Rs.
    4
    		 = 4
    3

    ∵ Number of bananas sold for Re. 1 =
    4
    		× 3 = 3
    4

  1. There is 10% loss if an article is sold at Rs. 270. Then the cost price of the article is








  1. View Hint View Answer Discuss in Forum

    Let C.P. of article = Rs. y
    According to the question.

    y × 90
    		= 270
    100

    Correct Option: A

    Let C.P. of article = Rs. y
    According to the question.

    y × 90
    		= 270
    100

    ⇒ y =
    270 × 100
    		= Rs. 300
    90