Profit and Loss

Profit and Loss

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Aptitude miscellaneous
  1. By selling an article for Rs. 100 one loses Rs. 10. Then the loss percent is ?








  1. View Hint View Answer Discuss in Forum

    S.P. = Rs. 100, Loss = Rs. 10
    ∴ C.P. = S.P. + Loss = Rs. 110
    ∴ Loss% = (10/110) x 100% = 91/11%

    Correct Option: B

    S.P. = Rs. 100, Loss = Rs. 10
    ∴ C.P. = S.P. + Loss = Rs. 110
    ∴ Loss% = (10/110) x 100% = 91/11%

  1. A man buys 10 articles for Rs. 8 and sells them at the rate of Rs. 1.25 per article. His gain is ?








  1. View Hint View Answer Discuss in Forum

    C. P. of 10 articles = Rs. 8
    S.P. of 10 articles = Rs. (1.25 x 10) = Rs. 12.50

    Correct Option: D

    C. P. of 10 articles = Rs. 8
    S.P. of 10 articles = Rs. (1.25 x 10) = Rs. 12.50
    ∴ Gain = (4.5/8) x 100 % = 561/4%

  1. A man sold a radio for Rs. 1980 and gained 10%. The radio was bought for ?








  1. View Hint View Answer Discuss in Forum

    S.P. = Rs. 1980 , Gain = 10%
    ∴ C.P. = Rs. (100 / 110) x 1980 = Rs. 1800

    Correct Option: B

    S.P. = Rs. 1980, Gain = 10%
    ∴ C.P. = Rs. (100 / 110) x 1980 = Rs. 1800

  1. What per cent of selling price would be 34% of cost price if gross profit is 26% of the selling price ?








  1. View Hint View Answer Discuss in Forum

    Let the selling price of the article = Rs. 100
    ∴ Profit = Rs. 26
    ∴ Cost price of the article = 100 - 26 = Rs. 74

    Correct Option: C

    Let the selling price of the article = Rs. 100
    ∴ Profit = Rs. 26
    ∴ Cost price of the article = 100 - 26 = Rs. 74
    ∴ Required % = (34 x 74)/100 = 25.16%

  1. Alok bought 25 kg of rice at the rate of Rs. 6.00 per kg and 35 kg of rice at the rate of Rs. 7.00 per kg. He mixed the two and sold the mixture at the rate of Rs. 6.75 per kg . What was his gain or loss in this transaction ?








  1. View Hint View Answer Discuss in Forum

    C.P. of 60 kg mix = Rs. (25 x 6 + 35 x 7) = Rs. 395
    S.P. of 60 kg mix = Rs. (60 x 6.75) = Rs. 405

    Correct Option: D

    C.P. of 60 kg mix = Rs. (25 x 6 + 35 x 7) = Rs. 395
    S.P. of 60 kg mix = Rs. (60 x 6.75) = Rs. 405
    Gain = Rs. (405 - 395) = Rs. 10