[Updated] Goldman Sachs Aptitude Test Questions and Answers
Practice List of TCS Digital Coding Questions !!!
Take 50+ FREE!! Online Data Interpretation Mock test to crack any Exams.

Profit and Loss Questions

Home > Quantitative Aptitude > Profit and Loss > General Questions
NA
SHSTTON
9
Solv. Corr.
17
Solv. In. Corr.
26
Attempted
0 M:0 S
Avg. Time

61 / 121

Choose the correct option.

A man bought some mangoes at Rs. 12 per dozen and bought the same number of at Rs 10 per kg. He sold these mangoes at Rs 13 per dozen and gained Rs 160.The total number of mangos bought by him:


A60 dozens

B70 dozens

C80 dozens

D90 dozens

Answer: Option C

Explanation:

Lets assume total no of mangoes = 2x..
Then we profit=sp-cp
160=13*2x-(12x+10x)
160=4x
x=40
hence 2x=80 dozens

Workspace

NA
SHSTTON
4
Solv. Corr.
16
Solv. In. Corr.
20
Attempted
0 M:0 S
Avg. Time

62 / 121

Choose the correct option.

Two merchants sell, each an article for Rs.1000. If Merchant A computes his profit on cost price, while Merchant B computes his profit on selling price, they end up making profits of 25% respectively. By how much is the profit made by Merchant B greater than that of Merchant A?


ARs.66.67

BRs. 50

CRs.125

DRs.200

Answer: Option B

Explanation:

profit on cost price = 1000-(100/125)*1000= 200 (selling price-cost price)
profit on selling price = (25/100)*1000 = 250
difference = 50

Workspace

NA
SHSTTON
19
Solv. Corr.
31
Solv. In. Corr.
50
Attempted
0 M:0 S
Avg. Time

63 / 121

Choose the correct option.

Anil purchases two books for Rs.100. He sells first at loss of 5% and second al 20% profit. If he gets Overall profit of 5% then what is cost of first book?


ARs.45

BRs.60

CRs.55

DRs.58

Answer: Option B

Explanation:

If cost of first book=x then second book=100-x
According to given condition x*(95/100) + (100-x)*(120/100) =100*(105/100) or
0.95x +120 -1.2x=105
x=60

Workspace

NA
SHSTTON
20
Solv. Corr.
19
Solv. In. Corr.
39
Attempted
0 M:0 S
Avg. Time

64 / 121

Choose the correct option.

The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:


A15

B16

C18

D25

Answer: Option B

Explanation:

Lets assume the cost price of 1 article = z.
So, the cost price of 20 article = 20z. -------------- (1)

Selling Price of 20 articles = (20z + 25% of 20z) = 25z.
So, Selling Price of 1 article = 25z/20 = (5/4)*z
=> Selling Price of x articles = (5/4)*z*x -------------- (2)

Given that Selling Price (S.P.) of x articles = Cost Price (C.P.) of 20 articles.

By solving eq. (1) and (2)

so, (5/4)*z*x = 20z.
=> x = 16.

Workspace

NA
SHSTTON
13
Solv. Corr.
25
Solv. In. Corr.
38
Attempted
0 M:0 S
Avg. Time

65 / 121

Choose the correct option.

Gauri went to the stationers and bought things worth Rs. 25, out of which 30 paise went on sales tax on taxable purchases. If the tax rate was 6%, then what was the cost of the tax free items?


ARs. 15

BRs. 15.70

CRs. 19.70

DRs. 20

Answer: Option C

Explanation:

Let the amount taxable purchases be Rs. x.
Then, 6% of x = 30 / 100.
=> x = 30/ 100 x 100/6 = 5.
Cost of tax free items = Rs. [25 - (5 + 0.30)] = Rs. 19.70.

Workspace

NA
SHSTTON
12
Solv. Corr.
12
Solv. In. Corr.
24
Attempted
0 M:0 S
Avg. Time

66 / 121

Choose the correct option.

In an examination, 35% of total students failed in Hindi, 45% failed in English and 20% in both. The percentage of these who passed in both the subjects is :


A10%

B20%

C30%

D40%

Answer: Option D

Explanation:

Students fail in Hindi or English: 35+45-20=60

Therefore, pass = 100-60=40 => 40%

Workspace

NA
SHSTTON
18
Solv. Corr.
13
Solv. In. Corr.
31
Attempted
0 M:0 S
Avg. Time

67 / 121

Choose the correct option.

By selling toffees at 20 for a rupee, a man loses 4 %. To gain 20 for one rupee, he must sell


A16 toffees

B20 toffees

C24 toffees

D25 toffees

Answer: Option A

Explanation:

20(96/100)*(100/120)=16

Workspace

NA
SHSTTON
7
Solv. Corr.
20
Solv. In. Corr.
27
Attempted
0 M:0 S
Avg. Time

68 / 121

Choose the correct option.

A horse and a cow were sold for Rs. 12000 each. The horse was sold at a loss of 20% and the cow at the gain of 20%. The entire transaction resulted in :


Aa. no loss or gain

Bb. loss of Rs. 1000

Cc. gain of Rs. 1000

Dd. gain of Rs. 2000

Answer: Option A

Explanation:

Sp of cow=12000. Sp of horse=12000. Cp of cow=100/120*12000=10000. Similarly for horse cp=15000. Total sp= 24000 and total cp= 25000 loss= 1000

Workspace

NA
SHSTTON
8
Solv. Corr.
10
Solv. In. Corr.
18
Attempted
0 M:0 S
Avg. Time

69 / 121

Choose the correct option.

A producer of tea blends two varieties of tea from two tea gardens one costing Rs 18 per kg and another Rs 20 per kg in the ratio 5 : 3. If he sells the blended variety at Rs 21 per kg, then his gain percent is


A10%

B12%

C14%

D22%

Answer: Option B

Explanation:

As per the question,
=> (20-x)/(x-18)=5/3.
=> 60-3x=5x - 90.
=> 8x=150.
=> x=75/4
Now, sell price is 21 and the cost price is 75/4
So, the required profit% is [ (21 - 75/4) / 75/4 ]* 100 = (9/4) * (4/75) * 100 = 900/75 = 60/5 = 12%.

Workspace

NA
SHSTTON
50
Solv. Corr.
59
Solv. In. Corr.
109
Attempted
0 M:0 S
Avg. Time

70 / 121

Choose the correct option.

Atul bought a machine for 4,50,000 and sold it to Irrfan who later sold the machine to Danish at a loss of 10% for rs.4,95,000. The profit earned by atul is:


A23%

B21%

C25%

D22.22%

Answer: Option D

Explanation:

cost price of irfan is : 90x/100=4,95,000 => x=5,50,000;
profit =(5,50,000-4,50,000)/4,50,000; = 1,00,000/4,50,000
profit % for atul = .2222 * 100 = 22.22%

Workspace

Quantitative Aptitude Profit and Loss Questions and Answers pdf

At Quantitative Aptitude topic Profit and Loss page No: 7 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.