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

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

3. 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.

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

5. 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?

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

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

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

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

10. 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?

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

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

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

14. 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:

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

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

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

18. 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.

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

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

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

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

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

25. 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?


 

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Mustansar KhanLast Updated: July 2, 2025

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