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. 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?

2. 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.

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

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

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

6. 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?

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

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

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

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

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

12. 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?

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

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

15. 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?

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

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

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

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

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

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

22. 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?

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

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

25. 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:


 

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Mustansar KhanLast Updated: July 2, 2025

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