# 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 - Amit sold an umbrella for Rs. 680, losing 15%. The expense cost of the umbrella is:

### Answer : B

### Explanation

Let the C.P. be Rs x =Then, S.P. = 85% of Rs x. ∴ 85/100 * x =680 ⇒ x = (680*20/17) =800. ∴ C.P. =Rs 800.

Q 2 - Oranges are purchased at 5 for rs. 10 and sold at 6 for rs. 15. His increase percent is:

### Answer : D

### Explanation

let the no. of oranges bought be (5*6)=30 C.P = (10/5*30) =60 rs S.P= (15/6*30) =75 Rs. Gain % = (15/60*100) = 25%

Q 3 - By offering 36 oranges, a merchant loses the offering cost of 4 oranges. His misfortune percent is:

### Answer : C

### Explanation

(C.P. of 36 oranges)-(s.p of 36 oranges)= loss=S.P of 4 oranges ⇒C.P of 36 oranges = S.P of 40 oranges. Let the C.P of each be Re 1. C.P of 40 oranges = Rs. 40, S.P of 40 oranges =36 Loss % = (4/40*100) % =10%

Q 4 - A machine was sold at an addition of 10%. Had it been sold at Rs. 80 less, the merchant would have lost 10%. What is the expense cost of the machine?

### Answer : B

### Explanation

Let the C.P be Rs. x. Then , S.P = (110/100*x) =11x/10 New S.P = (90/100*x) = Rs. 9x/10 11x/10 -9x/10 =80 ⇒ (11x-9x) =800 2x= 800 ⇒ x=400 ∴ C. P= 400

Q 5 - A person incurs 10% loss by selling a refrigerator for Rs 5400. At what price should the refrigerator be sold to earn 10% profit?

### Answer : D

### Explanation

SP=5400 X (110)/90=6600.

Q 6 - When a plot is sold for Rs. 33,300, the owner loses 10%. At what price must that plot be sold in order to gain 10%?

### Answer : B

### Explanation

Let X be the selling price 90: 33300 = 110: X =>X=33300x110/( 90)=40700

Q 7 - Siddiq buys an old scooter for Rs. 5200 and spends Rs. 1200 on its repairs. If he sells the scooter for Rs. 6000, his gain/loss percent is

### Answer : B

### Explanation

Cost Price (C.P.) = Rs. (5200 + 1200) = Rs. 6400. Selling Price (S.P.) = Rs. 6000. Loss = (C.P.) - (S.P.) = Rs. (6400 - 6000) = Rs. 400. Loss =(C.P-S.P)/(C.P) x100=400/6400x100=6.25%

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 broker denotes his merchandise at such a cost, to the point that he can deduct 15% for money but makes 20% benefit. The stamped cost of a thing which cost him Rs 90 is:

### Answer : C

### Explanation

C.P = RS. 90, Gain =20% ∴ S.P = (120/100*90) = Rs.108 Let the M.P be Rs. x then, 85% of x = 108. ∴ 85/100*x =108 ⇒x=(108*100/85) = 2160/17.∴ M.P = 2160/17

Q 10 - The stamped cost of an electric iron is Rs. 690. The businessperson permits a markdown of 10% and additions 8%. In the event that no rebate is permitted, his addition percent would be:

### Answer : A

### Explanation

M.P = Rs. 690 and discount= 10% ∴ S.P = 90% of 690 = Rs. (90/100*690)= 621 Rs. Now, S.P = Rs. 621 and gain% = 8% ∴ C.P = (100/108*621) = 575 rs. Now , C.P = Rs. 575 , S.P = 690 ∴ Gain%= (115/575*100) % = 20%