Take FREE!! Online Mettl Mock Test to Crack TechM and Other Companies Written Exams.
Get Off-Campus Placement Jobs Info !!!
Practice Tech Mahindra Essay Topics

Profit and Loss Questions

Home > Quantitative Aptitude > Profit and Loss > General Questions
NA
SHSTTON
28
Solv. Corr.
14
Solv. In. Corr.
42
Attempted
0 M:0 S
Avg. Time

51 / 121

Choose the correct option.

I bought a book for Rs 60 , I sold off to a friend for Rs 70 but after a while i felt sorry , that i sold it and bought it back for Rs 80, how much loss did I incur?


ANo loss, no gain

BRs. 10

CRs. 15

DNone of these

Answer: Option B

Explanation:

Given, CP of the book = Rs. 60
And, SP of the book = Rs. 70
So, Profit = Rs. 10
Again, 2nd CP = Rs. 80
Hence, the total loss = (80 -70) = 10.

Workspace

NA
SHSTTON
20
Solv. Corr.
24
Solv. In. Corr.
44
Attempted
0 M:0 S
Avg. Time

52 / 121

Choose the correct option.

How many kgs of wheat costing Rs.24 per kg must be mixed with 30 kgs of wheat costing Rs.18.40 per kg so that 15% profit can be obtained by selling the mixture at Rs.23 per kg?


A10

B12

C15

D20

Answer: Option B

Explanation:

S.P. of 1 kg mixture = Rs.23. Gain = 15%.
CP of 1 kg mixture = Rs.[(100/115) * 23] = Rs.20
Lets assume the quantity of wheat costing Rs.24 = x kgs.
Using weighted average rule = (x*24+30*18.4)/ (x+30)=20
=> x = 12.

Workspace

NA
SHSTTON
16
Solv. Corr.
17
Solv. In. Corr.
33
Attempted
0 M:0 S
Avg. Time

53 / 121

Choose the correct option.

A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225 for it, the cost price of the bicycle for A is:


ARs. 110

BRs. 120

CRs. 125

DRs. 150

Answer: Option D

Explanation:

125% of 120% of A = 225.
=> 125/100 * 120/100 * A = 225
=> A = 225 * 2/3 = 150.

Workspace

NA
SHSTTON
13
Solv. Corr.
16
Solv. In. Corr.
29
Attempted
0 M:0 S
Avg. Time

54 / 121

Choose the correct option.

A man sold two cows for Rs. 210 at a total profit of 5 %. He sold one cow at a loss of 10% and another at a profit of 10%. What is the price of each cow?


ARs. 100 & Rs. 50

BRs. 150 & Rs. 50

CRs. 150 & Rs. 75

DNone of these

Answer: Option B

Explanation:

Total 5% profit on Rs.210 i.e. Original Price= Rs. 200

Lets assume one cow price = Rs. x
so another cow price = Rs. (200-x)
Now loss of 10% on X = 10x/100
& profit of 10% on (200-x) =(200-x)10/100

=> x-[10 x /100] + [200 - x]+[(200 - x)10/100]=210

By Solving this x = 50

so one cow is of x = Rs. 50
and Other is of 200-x = (200-50) = Rs. 150

Workspace

NA
SHSTTON
10
Solv. Corr.
22
Solv. In. Corr.
32
Attempted
0 M:0 S
Avg. Time

55 / 121

Choose the correct option.

John buys a cycle for 31 dollars and given a cheque of amount 35 dollars. Shop Keeper exchanged the cheque with his neighbor and gave change to John. After 2 days, it is known that cheque is bounced. Shop keeper paid the amount to his neighbor. The cost price of cycle is 19 dollars. What is the profit/loss for shop keeper?


Aloss 23

Bgain 23

Cgain 54

DLoss 54

Answer: Option A

Explanation:

Loss= Change of money given to john(4$)+actual cycle cost 19$=23$ loss

Workspace

NA
SHSTTON
6
Solv. Corr.
8
Solv. In. Corr.
14
Attempted
0 M:0 S
Avg. Time

56 / 121

Choose the correct option.

A Samsung duo and a Galaxy are bought for Rs.40000. The Duo is sold at a profit of 33.33% and the Galaxy is sold at a loss of 20%. There was no loss or gain. Find the cost price of the Samsung duo ?


ARs.15,000

BRs.25,000

CRs.20,000

DRs.18,000

Answer: Option A

Explanation:

Solution: Let the price of duo be x then price of galaxy will be 40000-x.



Acc. to the question S.P=C.P



So , 133.33x/100 80(40000-x)/100= 40000



Solving we get x=15000 Rs.

Workspace

NA
SHSTTON
5
Solv. Corr.
12
Solv. In. Corr.
17
Attempted
0 M:0 S
Avg. Time

57 / 121

Choose the correct option.

The price of a book in four different shops and the successive discounts offered for the books is given below. Select the option in which the price of the book is the least.


A10%, 5%, and 5% discount on Rs.195

B12.5% and 12.5% discounts on Rs.205

C25%, discount on Rs.200

D10%, and 15% discounts on a marked price of Rs.190

Answer: Option D

Explanation:

P1=P[1-(d1/100)][1-(d2/100)][1-(d3/100)]...........[1-(dn/100)]
where d1,d2,d3...dn are discount rates
option D satisfy.

Workspace

NA
SHSTTON
9
Solv. Corr.
4
Solv. In. Corr.
13
Attempted
0 M:0 S
Avg. Time

58 / 121

Choose the correct option.

On a given day, a bank had 16000 cheques returned by customers. Inspection of the first 800 cheques indicated that 100 of those 800 had errors and were therefore the available immediately for data processing. On this basis, hwo many cheques would be available immediately for data processing on that day?


A14000

B13520

C14500

DNone

Answer: Option A

Explanation:

It is given for every 800 cheques 100 are error
So (800-100)=700 error free
total 16000 cheques
so dividing them into 800 in each we get (16000/800)=20
so 20 sets of cheques (each 800) where each set has 700 error free
so 20*700=14000

Workspace

NA
SHSTTON
9
Solv. Corr.
8
Solv. In. Corr.
17
Attempted
0 M:0 S
Avg. Time

59 / 121

Choose the correct option.

A man sold a book at loss of 10%.Had he sold it for 104rs more, he would have earned a profit of 10% .find the cost price of the book


ARs. 400

BRs. 520

CRs. 640

DRs. 840

Answer: Option B

Explanation:

Given loss=10% profit=10%
Difference of overall profit and loss=10-(-10)=20%
20% of cp =sp
20/100*cp=104
20*cp=104*100
cp=10400/20
=> cp=520

Workspace

NA
SHSTTON
6
Solv. Corr.
7
Solv. In. Corr.
13
Attempted
0 M:0 S
Avg. Time

60 / 121

Choose the correct option.

A trader allows a discount of 5 percent to his customers. What price should he mark on a article the cost price of which is Rs. 800 so as to make clear profit of 25 percent on his outlay?


ARs.1000

BRs.1053

CRs.1200

DRs.11233

Answer: Option B

Explanation:

cp=800 , profit=25%
sp=800 * 125/100=1000
and
sp=marked price * (100-5)/100
1000=marked price * 95/100
marked price = 1052.6 = Rs.1053

Workspace

Quantitative Aptitude Profit and Loss Questions and Answers pdf

At Quantitative Aptitude topic Profit and Loss page No: 6 you will find list of 10 practice questions, tips/trick and shortcut to solve questions, solved questions, quiz, and download option to download the whole question along with solution as pdf format for offline practice. You can practice all the listed Quantitative Aptitude Profit and Loss topic questions offline too, by downloading the MCQs practice question of Profit and Loss with detail solution, with formula/Tips & Tricks, with Solved examples and with top-rated users answers, which will give you best answer ascross webs. It is one of the perfect Profit and Loss e-book pdf covering all types of questions in detail. These Quantitative Aptitude test with answers pdf cover all types of question asked in IIFT, XAT, SNAP, GRE, GMAT, NMAT, CMAT, MAT or for IT companies written exam like Wipro, HCL, Infosys, Accenture, Government exams, IBPS Exams etc. There are multiple formats to download your online free Quantitative Aptitude Profit and Loss e-book, like fully solved, unsolved questions with Answers sheet. Even you can customize your ebook format by adjusting the given options in the download section to make it your one of the best Quantitative Aptitude topic-based ebook. It is recommended to bookmark this page Quantitative Aptitude Profit and Loss for your preparation. Most of the students and fresher candidates finding it hard to clear the Quantitative Aptitude section in exams. Here Given Profit and Loss practice questions, quiz, fully solved questions, tips & trick and Mock tests, which include question from each topic will help you to excel in Profit and Loss. Each test has all the basics questions to advanced questions with answer and explanation for your clear understanding, you can download the test result as pdf for further reference.

At Quantitative Aptitude topic Profit and Loss, you will get multiple online quiz difficulty wise, which will have a total of 6 quizzes, categorized as easy, medium, and moderate level. While preparing for any Profit and Loss, take all the list quiz and check your preparation level for that topic. Each quiz have 10 different question, which needs to be answered in 20 min., all the listed quiz here is free, however, you will get only one chance for each quiz to attempt(Take Quiz seriously), so it is always recommended to take one quiz in each section before you start solving Profit and Loss MCQs practice question, and one after solving all the question of the respective level, you can refer back your Profit and Loss quiz result any time or you can download it as pdf for reference.

Quantitative Aptitude Profit and Loss Customize Online Mock Test

This is own type of mock test, where At this Quantitative Aptitude Profit and Loss MCQs mock test section, you will able to attempt only the questions related to Profit and Loss, in that question will be a different level, important, and all the questions will be part of some of the mock tests across Q4interview FREE Mock test. You need to choose the topic as Profit and Loss, and click on Double click to generate your customize mock test. While attempting the mock test you need to choose any of the one options out of given option. It is recommended to go through the direction given along with each question, as these questions will be randomly and so that same direction will not be applicable across the entire test. Once you submit your mock test, the result will be generated for Profit and Loss Customize mock test, where your performance point points will be highlighted. Q4interview analysis every single point which helps you to improve your topic understanding and help you to know your type of mistakes and way to improve Profit and Loss questions, by providing the same type of practice questions from practice exercise. The best part of this Profit and Loss, all these mock tests listed here are free and you can take as Many time, as many you want. When you continue to give Profit and Loss Customize Online Mock Test here regularly, then you will understand how much you have developed your accuracy on a topic, after that you will be able to decide how much attention you need to focus on. Your continued practice will increase your confidence, speed and thinking ability intensely, the Profit and Loss Customize topic on which you will practice more will beneficial for you in future during campus placement.Profit and Loss Mock Tests

Quantitative Aptitude Profit and Loss Quiz Online Test

The details of the Quantitative Aptitude Profit and Loss quiz are as follows. There are 10 questions for you. You have to answer them in 20 minutes. Within 20 minutes you have to see the errors in the sentences given as a question. Four options are also given to you, and you have to choose your opinion. You must be confident in your answer that the choices are difficult. Therefore, below we provide you with some information about Quantitative Aptitude Profit and Loss that you see and keep them in mind while answering questions.

Quantitative Aptitude Profit and Loss MCQs Practice Questions with Answer

On this Profit and Loss section of page you will find the easiest quickest ways to solve a question, formulas, shortcuts and tips and tricks to solve various easiest methods to solve Profit and Loss Question Quickly. It contains all the Quantitative Aptitude topic Profit and Loss questions which are common in any of the preliminary exams of any company. The solution is provided along with the questions. The practice of these questions is a must as they are easy as well as scoring and asked in all the exams They will confirm the selection if all the questions attempted wisely with little practice. It is recommanded to Take Mock test based on Quantitative Aptitude topic and Profit and Loss topic based quiz.

Quantitative Aptitude Profit and Loss solved examples question

Clarity of concepts is a must if you want to master the skill of solving Quantitative Aptitude problems. This page contains sample Quantitative Aptitude Profit and Loss questions and answers for freshers and competitive exams. Profit and Loss Questions with the detailed description, the explanation will help you to master the topic. Here solved examples with detailed answer description, explanations are given and it would be easy to understand. How to solve qProfit and LossQuantitative Aptitude? Here are some examples solved with the Common Rules/tricks/tips of Quantitative Aptitude. Enhance your chance to score maximum marks in Quantitative Aptitude sections through. Error Spotting Grammar Questions Online Test for Free. Fully solved Sentence Formation MCQs questions with detailed answer description. Quantitative Aptitude is an important topic for any exams but most aspirants find it difficult. You need to learn various tricks tips, rules, etc to solve quickly. At this page, you will find frequently asked Profit and Loss questions or problems with solutions, shortcuts, formulas for all-important competitive exams like IT companies exams, interviews. It is always a best practice to go through the example and understand the types of question and way to solve it, so let's do some examples to calculate efficiency, read through all the given here solved examples. You can post your solution, tips, trick and shortcut if you have any in respect to questions.

You can get here fully solved Profit and Loss examples with a detailed answer and description. You can solve Profit and Loss problems with solutions, the questions by companies wise by filtering the questions, additionally, you can check what type of questions are being asked in IT companies Written Round from Profit and Loss. Profit and Loss became one of the most important sections in the entire competitive exams, Companies Campus, and entrance online test. Go through Profit and Loss Examples, Profit and Loss sample questions. You can Evaluate your level of preparation in Profit and Loss by Taking the Q4Interivew Profit and Loss Online Mock Test based on most important questions. All the Profit and Loss practice questions given here along with answers and explanations are absolutely free, you can take any number of time any mock Test.

Why Quantitative Aptitude Profit and Loss?

In this practice section, you can practice Quantitative Aptitude Questions based on "Profit and Loss" and improve your skills in order to face the interview, competitive examination, IT companies Written exam, and various other entrance tests (CAT, GATE, GRE, MAT, Bank Exam, Railway Exam etc.) with full confidence.

Where can I get Quantitative Aptitude Profit and Loss questions and answers with explanation?

Q4Interview provides you lots of fully solved Quantitative Aptitude (Profit and Loss) questions and answers with Explanation. Solved examples with detailed answer description, explanation are given and it would be easy to understand. You can download Quantitative Aptitude Profit and Loss quiz questions with answers as PDF files and eBooks.

Where can I get Quantitative Aptitude Profit and Loss Interview Questions and Answers (objective type, multiple-choice, quiz, solved examples)?

Here you can find objective type Quantitative Aptitude Profit and Loss questions and answers for interview and entrance examination. Multiple choice and true or false type questions are also provided.