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

2. 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.

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

4. 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.

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

6. A man marked an article at Rs. 600 and sold it for Rs. 510. Find the discount percentage.

7. 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?

8. If the cost price of 15 pens is equal to the selling price of 12 pens, then the gain or loss percentage is

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

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

11. 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?

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

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

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

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

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

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

18. 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?

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

20. An article was bought for Rs. 2000. After allowing a discount of 20%, a profit of Rs. 400 was made. Find the marked price.

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

22. 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?

23. 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%?

24. 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:

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


 

Study Plan for Quantitative Reasoning Profit and Loss Test Online

This test is crucial for your selection. It allows you to practice key questions from past papers.

How to Use GoTest for Preparation:

  • Focus on Keywords: Examiners often twist the question. Read the statement twice.
  • Instant Feedback: Use the “View Answers” feature after the test.
  • Consistency: Attempting 50 MCQs daily significantly improves retention.

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Mustansar KhanLast Updated: July 2, 2025

Mustansar Khan

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