# Aptitude - Profit & Loss Online Quiz

Following quiz provides Multiple Choice Questions (MCQs) related to **Profit & Loss**. You will have to read all the given answers and click over the correct answer. If you are not sure about the answer then you can check the answer using **Show Answer** button. You can use **Next Quiz** button to check new set of questions in the quiz.

Q 1 - If a man were to offer his seat for Rs. 720, he would misfortune 25 %. To increase 25% he ought to offer it for:

### Answer : A

### Explanation

Let the C.P. be Rs x. Then, 75% of x=720. ∴ 75/100 * x = 720 ⇒ x = (720*4/3) =960. Now, C.P. =Rs 960 and gain =25%. ∴ S.P. =Rs (125/100*960) =Rs 1200.

Q 2 - By offering 33m of fabric Rajesh picked up the expense cost of 11m. The increase percent is.

### Answer : A

### Explanation

Let the C.P be Rupee 1 per m. (S.P of 33m) - (C.P of 33m) = gain =C.P of 11 m C.P of 33 m = Rs. 33, S.P of 33m =C.P of 44m =Rs.44 Gain = Rs. (44-33) = Rs 11 ∴ Gain % = (11/33*100) %= 100/3%

Q 3 - The expense cost of two dozen bananas is Rs. 32. In the wake of offering 18 Bananas at Rs. 12 for every dozen, the businessperson lessened the rate as Rs. 4 for every dozen. The misfortune percent is:

### Answer : D

### Explanation

C.P = Rs. 22 S.P = (3/2*12) + (6/12*4)= (18+2) =20 Loss% = (12/32*100) % = 75/2%= 37.5

Q 4 - If the maker additions 10%, the wholesale merchant 15% and the retailer 25%, then the expense of the generation of an article whose retail cost is rs. 1265, is:

### Answer : B

### Explanation

Let the cost of production be rs. x. Then, X* 110/100 *115/100 *125/100 =1265 ⇒ X*11/10* 23/20*5/4= 1265 ⇒ 11*23*5*x = 1265*800 ⇒ x =1265*800/11*23*5 = 800 ∴ cost of the production = Rs. 800

Q 5 - What is the selling price of a toy? If the cost of the toy is Rs. 90 and a profit of 15% over selling price is earned?

### Answer : A

### Explanation

Cost price + profit = Selling Price Cost price is Rs. 90 Profit is 15% of Cost Price=13.5 Selling Price = CP + Profit =90+13.5 = 103.5 SP is Rs. 103.5

Q 6 - A vendor bought toffees at 8 for one rupee. How many for a rupee must he sell to gain 25%?

### Answer : D

### Explanation

C.P. of 8 toffees = Re. 1 S.P. of 8 toffees = 125% of Re. 1 = Rs 1.25=5/4 For Rs5/4 toffees sold = 8. For Re. 1, toffees sold =8x( 5)/( 4)=10.

Q 7 - Nita mixes two assortments of tea-one costing Rs. 180 for each Kg and Another costing Rs. 200 for every Kg. in the proportion 5:3. On the off chance that she offers the mixed assortment at Rs. 210 for every kg, then her increase is:

### Answer : C

### Explanation

Let 5 kg of the cheaper be mixed with 3 kg of dealer. Then, C.P = Rs. (180*5 + 200*3) = 1500 Total S.P = rs. (210*8) = 1680 Rs. Gain% = (180/1500*100) % = 12%

Q 8 - Which of the accompanying is the most reduced proportion?

### Answer : C

**Explanation**

7/13 =0.538, 17/25 =0.68, 7/15= 0.466, 15/23 =0.652 Clearly, 7/15 is the smallest.

Q 9 - A couch set conveying a deal value ticket of rs. 5000 is sold at a rebate of 4%, accordingly increasing 20% .the merchants expense cost of the couch set is:

### Answer : C

### Explanation

M.P = Rs. 5000 and discount =4% ∴ S.P = 96% of Rs. 5000 = (96/100*5000) = Rs. 4800, gain=20% ∴ C.P = Rs. (100/120*4800) = Rs. 4000.

Q 10 - A organization offers three sorts of progressive rebates. First: 25%, Furthermore, 15%, second: 30% and 10%, third: 35% and 5%. Which offer is better for a client?

### Answer : C

### Explanation

Let the M.P be Rs. 100. 1st payment = 75% of 85% of rs. 100 = rs. (75/100*85/100*100)= 255/4 =rs. 63.75 2nd payment = 70% of 90% of Rs. 100 = Rs. (70/100*90/100*100)= 63 3rd payment = 65% of 95% of Rs. 100 = (65/100 *95/100*100) =61.75 Clearly , 3rd payment is better