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 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:

2. 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?

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

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

5. 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?

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

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

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

9. A trader gains 10% after allowing a discount of 20% on the marked price. What is the ratio of cost price to marked price?

10. A man buys a chair for Rs. 500 and sells it for Rs. 650. What is his profit percentage?

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

12. A person buys a shirt at Rs. 200 and sells it at a loss of 10%. What is the selling price?

13. 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?

14. A man bought an article for Rs. 800 and sold it for Rs. 960. Find the profit percentage.

15. If profit on selling 10 articles equals the cost of 1, what is the profit percentage?

16. 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%?

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

18. 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?

19. 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?

20. The radius of a circular plate increases by 10%. What is the percentage increase in its area?

21. 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?

22. 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.

23. A man makes a profit of Rs. 120 on an article he sold for Rs. 720. Find the profit percentage.

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

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


 

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Mustansar KhanLast Updated: July 2, 2025

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