# 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 - By offering a seat for Rs. 572, a man increases 30%. The expense cost of the Chair is:

### Answer : C

### Explanation

Let the C.P. be Rs x.Then, S.P. =130% of Rs x. ∴ 130/100*x=572 ⇒x= (572*10/13) =440. ∴ C.P. =Rs 440.

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 - In the event that offering cost is multiplied, the benefit triples. The benefit percent is:

### Answer : B

### Explanation

Let C.P is Rs. x and S.P be Rs. y. Then, profit = Rs. (y-x) Again, S.P = Rs. 2y and profit = Rs. (y-x) C.P = (S.P) ? (profit) = rs. 3(y-x) C.P = (S.P) - (profit) = 2y-3(y-x) = 3x-y ∴ 3x-y= x ⇒ y= 2x ⇒ Profit%= (x/x*100) % = 100%

Q 4 - A broker purchases a few merchandise for Rs. 150. In the event that the overhead costs be 12% of expense value, then at what value should it is sold to acquire 10%?

### Answer : A

### Explanation

Total C.P = Rs. (150+ 12% of 150) = rs .(150+ 12/100*150)=168 Gain = 10% ⇒ S.P = rs.(110/100*168) = Rs. 184.80

Q 5 - Ruhina bought 20 apples for Rs.150 and sold them at the rate of 15 apples for Rs.150. What is the percentage of profit made by her?

### Answer : C

### Explanation

Her profit % =(S.P-C.P)/(C.P) x100=(200-150)/150 x100=33.33%

Q 6 - If the cost price is 80% of the selling price, then what is the profit percent?

### Answer : A

### Explanation

Let the SP be 100 => CP=80 Profit % =(100-80)/80 x100=25%

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 - 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 businessperson denotes his merchandise to gain35%. In any case, he permits 10% markdown for money installment. His benefit percent is:

### Answer : B

### Explanation

Let the C.P be Rs.100. Then, M.p= rs. 135 S.P = 90% of rs. 135= Rs. (90/100*135)= rs. 121.50 Profit% = (121.50-100)% =21.50% =43/2%

Q 10 - A businessperson sold an aeration and cooling system for Rs. 25935 with a markdown of 9% and earned a benefit of 3.74%. What might have been the rate of benefit earned if no markdown were advertised?

### Answer : D

### Explanation

Let M.P be Rs. x . then 91/100*x= 25935 ⇒ x= (25935*100/91)= 28500⇒ M.P.=Rs 28500. S.P.=Rs 25935,Gain=3.7%. ∴ C.P.=Rs (100/103.74*25935)=Rs 25000. New S.P.=Rs 28500, C.P.=Rs 25000. ∴ New Gain%=(3500/25000*100)%=14.