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Quantitative Reasoning Profit and Loss Test Online

Mustansar KhanLast Updated: July 2, 2025

Start your preparation for Quantitative Reasoning Profit and Loss Test Online. This online test contains important MCQs from past papers. Attempting this test will help you prepare for Annual Exams and Entry Tests. Read the questions carefully and select the correct option below to see your result.

Quantitative Reasoning Aptitude Test

Profit and Loss Test Online

Total Questions:	40
Time Allowed:	20 Minutes
Total Marks:	40
How to Attempt Test:	Please choose the right Option in MCQ-type question.
Test Helpful For:	Aptitude Test Quantitative Reasoning Decimal Fraction Test Mathematics Aptitude Questions Entrance Tests and Recruitment Test

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1. If the cost price of 15 pens is equal to the selling price of 12 pens, then the gain or loss percentage is
25% loss
20% loss
25% gain
20% gain

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2. An article is bought for Rs. 400 and sold for Rs. 500. What is the profit percentage?
30%
20%
25%
15%

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3. A man buys a chair for Rs. 500 and sells it for Rs. 650. What is his profit percentage?
25%
20%
30%
15%

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4. A man sells a pen for Rs. 90 and gains 20%. What is the cost price of the pen?
Rs. 80
Rs. 85
Rs. 75
Rs. 70

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5. A seller sells an item at Rs. 540 with a 10% discount. If he still makes a 20% profit, what is the cost price?
Rs. 450
Rs. 500
Rs. 480
Rs. 400

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6. A man bought an article for Rs. 3600 and sold it at a profit of 15%. What is the selling price?
Rs. 4140
Rs. 4200
Rs. 4050
Rs. 4400

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7. If an article is sold at Rs. 450, there is a loss of 10%. At what price should it be sold to gain 10%?
Rs. 495
Rs. 540
Rs. 550
Rs. 500

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8. If profit is 40% of the selling price, what is the profit percentage on cost price?
70%
ofit% on CP = (40 / 60) × 100 = 66.66%
50%
40%
66.66%

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9. A man makes a profit of Rs. 120 on an article he sold for Rs. 720. Find the profit percentage.
18%
15%
25%
20%

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10. A trader sells an article at a loss of 10%. If the cost price is Rs. 500, what is the selling price?
Rs. 450
Rs. 480
Rs. 400
Rs. 460

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11. If SP = Rs. 400 and CP = Rs. 500, what is the loss percentage?
20%
10%
15%
25%

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12. A shopkeeper sells an article at Rs. 144 and gains 20%. At what price should he sell it to gain 30%?
Rs. 156
Rs. 150
Rs. 162
Rs. 160

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13. An article was sold at 10% loss. If it had been sold for Rs. 40 more, there would have been a 5% gain. Find the cost price.
Rs. 266.67
Rs. 250
Rs. 280
Rs. 300

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14. If profit on selling 10 articles equals the cost of 1, what is the profit percentage?
5%
9%
11.11%
10%

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15. By selling an item for Rs. 300, a man gains 25%. What is the cost price?
Rs. 280
Rs. 220
Rs. 240
Rs. 250

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16. A man marked an article at Rs. 600 and sold it for Rs. 510. Find the discount percentage.
12%
15%
20%
10%

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17. A merchant buys 50 kg of sugar at Rs. 20/kg and mixes it with 30 kg sugar costing Rs. 30/kg. At what price per kg should he sell the mixture to gain 20%?
Rs. 28
Rs. 27
Rs. 25
tal = 80 kg → CP/kg = 1900/80 = 23.75
Rs. 26
/kg = 23.75 × 1.20 = Rs. 28.50

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18. A man earns a profit of 25% by selling an item for Rs. 100. What is the cost price?
Rs. 90
Rs. 85
Rs. 75
Rs. 80

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19. A shopkeeper marks his goods 30% above cost price and allows a 10% discount, his gain percentage is
20%
15%
17%
19%

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20. An item is marked at Rs. 1000. A shopkeeper sells it at 20% discount and gains 25%. Find the cost price.
Rs. 625
Rs. 700
Rs. 650
Rs. 600

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21. If an article is sold for Rs. 500 with a profit of 25%, what is the cost price?
Rs. 350
Rs. 400
Rs. 450
Rs. 375

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22. A dealer buys an article for Rs. 500. He wants to make 20% profit after offering a 10% discount. What should be the marked price?
Rs. 700
Rs. 660
Rs. 667
Rs. 625

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23. A man sells two items at Rs. 120 each — one at a gain of 20% and the other at a loss of 20%. What is the net gain or loss?
2% gain
No profit no loss
4% loss
4% gain

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24. An article is sold at a 10% loss. If it were sold for Rs. 40 more, there would have been a 10% profit. What is the cost price?
Rs. 200
Rs. 300
Rs. 250
Rs. 400

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25. A fruit seller buys 100 apples at Rs. 5 each. 10 apples are spoiled and thrown away. At what price should he sell each remaining apple to gain 20% overall?
Rs. 5.50
Rs. 6
Rs. 5.75
Rs. 6.25

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26. A trader buys goods worth Rs. 15,000. He sells one-third at 20% gain, one-third at 10% loss, and the rest at cost. Find his overall gain or loss.
Rs. 300 gain
Rs. 0 (no profit no loss)
Rs. 200 loss
ofit = 1000 − 500 = Rs. 500 net gain
Rs. 500 gain

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27. An article was bought for Rs. 2000. After allowing a discount of 20%, a profit of Rs. 400 was made. Find the marked price.
Rs. 3000
Rs. 2800
Rs. 3200
Rs. 2500
8x = 2400 ⇒ x = Rs. 3000

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28. A trader gains 10% after allowing a discount of 20% on the marked price. What is the ratio of cost price to marked price?
9:10
3:4
tio = CP : MP = 72.73 : 100 ≈ 8:11
t MP = 100 → SP = 80
= 80 / 1.10 = 72.73
2:3

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29. A person buys a shirt at Rs. 200 and sells it at a loss of 10%. What is the selling price?
Rs. 180
Rs. 185
Rs. 190
Rs. 170

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30. A person bought an item for Rs. 540 and sold it at a gain of 15%. What is the selling price?
Rs. 615
Rs. 600
Rs. 630
Rs. 621

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31. The radius of a circular plate increases by 10%. What is the percentage increase in its area?
15%
21%
ea ∝ r² → % increase = 2r + r²/100 = 10 + 1 = 21%
20%

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32. A man sold two watches for Rs. 990 each. On one he gained 10%, and on the other he lost 10%. What is the net result?
No gain no loss
2% gain
4% loss
1% loss

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33. A shopkeeper sells an article at a loss of 10%. If the selling price is Rs. 270, what was the cost price?
Rs. 280
Rs. 250
Rs. 300
Rs. 290

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34. If the profit on selling an item for Rs. 240 is the same as the loss on selling it for Rs. 160, then the cost price is:
Rs. 180
Rs. 210
Rs. 200
Rs. 220

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35. A man buys a bat for Rs. 450 and a ball for Rs. 150. He sells the bat at 10% loss and the ball at 20% gain. What is the overall result?
Rs. 10 loss
Rs. 5 loss
Rs. 15 loss
Rs. 0 (no profit no loss)

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36. A man bought an article for Rs. 800 and sold it for Rs. 960. Find the profit percentage.
20%
10%
12%
15%

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37. A man buys a cycle for Rs. 3200 and sells it at a profit of 12%. What is the selling price?
Rs. 3640
Rs. 3700
Rs. 3600
Rs. 3584

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38. A trader marks his goods 40% above cost price and gives a discount of 10%. Find the profit percentage.
30%
32%
28%
26%

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39. If a man sells a watch for Rs. 480 and makes a loss of 20%, what is the cost price?
Rs. 550
Rs. 500
Rs. 580
Rs. 600

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40. A man sells an item at 10% profit. Had he bought it for 10% less and sold for Rs. 5 more, his gain would be 25%. Find the cost price.
Rs. 225
Rs. 275
Rs. 200
Rs. 250

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Mustansar KhanLast Updated: July 2, 2025

Quantitative Reasoning Aptitude Test

Profit and Loss Test Online

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