Quantitative Reasoning Profit and Loss Test Online

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
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Mathematics Aptitude Questions
Entrance Tests and Recruitment Test

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1. 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.

2. A man earns a profit of 25% by selling an item for Rs. 100. What is the cost price?

3. A man sells a pen for Rs. 90 and gains 20%. What is the cost price of the pen?

4. 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?

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

6. If an article is sold for Rs. 500 with a profit of 25%, what is the cost price?

7. 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?

8. If SP = Rs. 400 and CP = Rs. 500, what is the loss percentage?

9. 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%?

10. A man buys a cycle for Rs. 3200 and sells it at a profit of 12%. What is the selling price?

11. A trader marks his goods 40% above cost price and gives a discount of 10%. Find the profit percentage.

12. If profit is 40% of the selling price, what is the profit percentage on cost price?

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

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

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

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

17. An article is bought for Rs. 400 and sold for Rs. 500. What is the profit percentage?

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

19. 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.

20. 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:

21. 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?

22. 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.

23. 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?

24. By selling an item for Rs. 300, a man gains 25%. What is the cost price?

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


 

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