# 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 - 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 man offers an article for rs. 75 and picks up as much percent as the expense cost of the articles in rupees. The expense cost of the article is:

### Answer : C

### Explanation

Let the C.P be RS. X. Then gain =X% ∴S.P = (100+x)/100 *x ⇒ (100+x) x/100 = 75 ⇒ X^{2}+100x-7500 =0 ⇒ X^{2}+150x-50 x-7500 =0 ⇒ (x+150) (x-50) =0 ⇒ x=50 ∴ C.P = Rs. 50

Q 4 - Raman purchased a fountain at 9/10 of its stamped value and sold it at 8% more than its stamped cost. His increase percent is:

### Answer : D

### Explanation

Let the marked price of the geyser be Rs. x. C.P = Rs. 9x/10 and S.P = 108% of Rs. x = Rs. (108/100*x) = 27X/25 Gain = (27x/25-9x/10) = (108x-90x /100) = Rs. 9x/50 ∴ Gain % = (9x/50 * 10/9x*100) % =20%

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 - One-fourth of a consignment was sold at a profit of 6% and the remainder at a loss of 1%. If the total profit was Rs.600, the value of the consignment (in rupees) was:

### Answer : D

### Explanation

Let the value of the consignment is Rs. X 1/( 4)x X x6% - ( 3)/( 4) x X x1% = 600 X/( 4)x6/( 100) - 3X/( 4) x 1/( 100)=600 6X-3X=600x4x100= X=80000

Q 7 - A deceptive businessperson professes to offer his merchandise at expense cost be that as it may, utilizes false weights and increases 100/9%. For a weight of 1kg he Employments.

### Answer : B

### Explanation

Short Cut Method: Let the error be x gms. Then, X/ (1000-x)*100= 100/9⇒x/1000-x=1/9 ⇒ 9x=1000-x ⇒ 10x=1000 ⇒ x=100. Weight used = (1000- 100) = 900 gm

Q 8 - The whole of three square of three no. which are in the proportion 2:3:4 is 725. What are three numbers?

### Answer : A

**Explanation**

Let the numbers be 2x, 3x and 4x. Then, 4x^{2}+9x^{2}+16x^{2}= 725 => 29x^{2}=725 x^{2}= 25 => x =5 ∴ The numbers are 10, 15, 20 .

Q 9 - A merchant offers a markdown of 10% on the stamped cost of an article. What's more, still makes a benefit of 20% . In the event that its checked cost is Rs. 800, At that point the expense cost is:

### Answer : A

### Explanation

M.P = rs. 800 and discount = 10% ∴ S.P = Rs. (90/100*800)= 720, profit =20% ∴ C.P = Rs. (100/120*720) = 600

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.