# 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 - On offering an article for Rs. 48, one loses 20%. With a specific end goal to pick up 20%, what might be the offering cost?

### Answer : D

### Explanation

Let the C.P be Rs. x. Then, 80% of x = 48 ⇒ 80/100 *x =48 ⇒ x= (48*100/80) = 60 C.P = Rs. 60 and gain =20% ∴ S.P= Rs. (120/100*60) = Rs. 72

Q 2 - Ravi purchases some toffee at 2 for a rupee and offers them at 5 for a rupee. His misfortune percent is:

### Answer : C

### Explanation

Let the no. of toffees bought be (2*5)= 10 C.P of 10 toffees = (1/2*10) = 5 S.P of 10 toffees = (1/5 *10) = 2 Loss% = (3/5 *100) % = 60%

Q 3 - A merchant purchased toffee at 6 for a rupee. What number of for a rupee must he offer to increase 20%?

### Answer : C

### Explanation

Suppose be by 6 toffee. Then , C.P. = Re 1 and S.P = (120/100*1)= Rs.6/5 Rs. 6/5 is S.P of 6 toffees. Rs.1 S.P of (6/5*6) = 5 toffees.

Q 4 - By offering an article for rs. 144a man loses 1/7 of his cost. By offering it for rs.168, his addition or misfortune percent is:

### Answer : D

### Explanation

Let the C.P be Rs. x. Then, loss= rs. (x/7) S.P = rs. (x- x/7) =6x/7 ∴ 6x/7 = 144 ⇒ x = (144*7/6) = 168 ∴ (C.P = 168, S.P = 168) ⇒ gain or loss % = 0%

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 - If books bought at prices ranging from Rs.150 to Rs.250 are sold at prices ranging from Rs.225 to Rs.325, what is the greatest possible profit that might be made in selling 6 books?

### Answer : D

### Explanation

Let us consider all the six books are bought at least cost 150 x 6 = 900 Selling at the highest price 325 x 6 = 1950 ∴ Profit = selling price ? cost price =1950 - 900 = 1050

Q 7 - A merchant sold his goods for Rs. 56 at a profit percent equal to C.P. The C.P is

### Answer : A

### Explanation

Let C.P. = Rs. X. Then X+X% of X = 56 =>X+XxX/100=56 =>X=Rs.40

Q 8 - Three no. are in the proportion 3:4:5. The total of the biggest and the littlest measures up to the third's entirety and 52. The littlest no. is?

### Answer : C

**Explanation**

Let the numbers be 3x, 4x and 5x. (5x+3x) = 4x+52 => 4x =52 => x=13 Smallest no. = (3*13) = 39

Q 9 - A single markdown identical to progressive rebates of 30%, 20% what's more, 10% is:

### Answer : D

### Explanation

Let C.P be Rs. 100. Then , S.P =90% of 80% of 70% 0f Rs. 100 = (90/100*80/100*70/100*100)= Rs. 50.40 ∴ single discount = (100-50.40 )% =49.6%

Q 10 - A vender permits a rebate of 5% on a watch. On the off chance that he permits a markdown of 7%, he acquires Rs. 15 less in the benefit. What is the checked cost?

### Answer : C

### Explanation

Let the m.p be rs .X ,then, (95% of x)- (93% of x)= 15% ⇒ (95/100*x)-(93/100*x) =15 ⇒ (95x-93x)= 1500 ⇒2x= 1500 ⇒x= 750 ∴ M.P = Rs. 750.