SKILL DEVELOPMENT CELL

QUANTITATIVE APTITUDE
PROFIT & LOSS
Difficult Level Based Questions

Quantitative Aptitude
K.SESHAGIRI RAO (C) Copyright (01-06-2018) All Rights Reserved
 PROFIT & LOSS
LEVEL-1:
1) A box of Alphanso mangoes was purchased by a fruit-seller for Rs 300. However, he had to
sell them for Rs 255 because they began to get over ripe. What was the loss percentage?
a. 10 %
b. 12 %
c. 15 %
d. 16 %
2) Subramaniam bought 100 eggs for Rs 50. Out of these, 4 eggs were found to be broken and
he sold the remaining eggs at the rate of Rs 8.50 per dozen. His gain or loss per cent is:
a. 30 % Gain
b. 30 % Loss
c. 36 % Gain
d. 36 % Loss
3) A grocer buys eggs at 10 for Rs 8and sells at 8 for Rs 10. His gain or loss per cent is:
a. 225/4
b. 229/4
c. 203/4
d. 207/4
4) The selling price of 10 articles is the same as the cost price of 11 articles, find the gain per
cent
a. 7%
b. 8%
c. 9%
d. 10%
5) By selling 200 oranges, there is a profit equal to the selling price of 40 oranges. Find gain
per cent
a. 20%
b. 25%
c. 30%
d. 35%
6) A dishonest dealer professes to sell his goods at cost pr ice, but he uses a weight of 960 gm
for the kg weight. Find his gain per cent.
a. 21/6
b. 23/6
c. 25/6
d. 27/6
7) A man sold two articles at Rs 375 each. On one he gains 25% and on the other he loses
25%. How much does he gain or lose in the whole transaction?
a. 1% Gain
b. 1% Loss
c. 4 %Loss
d. None of these

Quantitative Aptitude
K.SESHAGIRI RAO (C) Copyright (01-06-2018) All Rights Reserved
 8) Raman bought two old scooters for Rs 18000. By selling one at a profit of 25% and the
other at a loss of 20%, he neither gains nor loses. Find the cost price of each scooter.
a. Rs 8000, Rs 10000
b. Rs 8000, Rs9000
c. Rs 8000, Rs 12000
d. Rs 10000, Rs 12000
9) If a man were to sell his hand-cart for Rs 720, he would lose 25%. What must he sell it for
to gain 25%?
a. Rs 1000
b. Rs 1200
c. Rs 1500
d. Rs 1150
10) By selling 144 hens, Kamal lost the SP of 6 hens. Find his loss per cent. Had he purchased
them for Rs 7200, what would have been the SP of one hen?
a. Rs 46
b. Rs 48
c. Rs 50
d. Rs 52

LEVEL-2:
11) Gopal went to a fruit market with certain amount of money. With this money he can buy
either 50 oranges or 40 mangoes. He retains 10% of the money for taxi fare. If he buys 20
mangoes, then the number of oranges he can buy is
a. 25
b. 20
c. 18
d. 6
12) Instead of a metre scale, a cloth merchant uses a 120 cm scale while buying, but uses an 80
cm scale while selling the same cloth. If he offers a discount of 20% on cash payment, what
is his overall profit percentage?
a. 20%
b. 25%
c. 40%
d. 15%
13) Once I had been to the post office to buy five-rupee, two-rupee and one-rupee stamps. I paid
the clerk Rs. 20, and since he had no change, he gave me three more one-rupee stamps. If
the number of stamps of each type that I had ordered initially was more than one, what was
the total number of stamps that I bought?
a. 8
b. 9
c. 10
d. 12

Quantitative Aptitude
K.SESHAGIRI RAO (C) Copyright (01-06-2018) All Rights Reserved
14) The price of a Maruti car rises by 30% while the sales of the car come down by 20%. What
is the percentage change in the total revenue?
a. -4 %
b. +4 %
c. -2 %
d. +2 %
15) A yearly payment to the servant is Rs. 90 plus one turban. The servant leaves the job after 9
months and receives Rs. 65 and a turban. Then find the price of the turban.
a. Rs 10
b. Rs 15
c. Rs 7.5
d. Cannot be determined
16) The cost price of a computer is Rs.1000 less then the selling price of a television and the
selling price of the computer is 30% more than the cost price of the television. If the selling
price of the computer is 4% more than the selling price of the television, what is the
percentage of profit on selling the television?
a. 20
b. 25
c. 162/3
d. Cannot be determined
17) A firm of readymade garments makes both men’s and women’s shirts. Its average profit is
6% of the sales. Its profit in men’s shirts average 8% of the sales and women’s shirts
comprise 60% of the output. The average profit per sales rupee in women’s shirts:
a. 1.2560
b. 0.0125
c. 0.0566
d. 0.0466
18) A dealer offers a discount of 20% and still makes a profit of 20% and he further allows 4
articles free on the sale of 12 articles. Find the ratio of cost price to market price.
a. 1:2
b. 4:5
c. 3:7
d. 2:5
19) Profit on selling 10 candles equals selling price of 3 bulbs. While loss on selling 10 bulbs
equals selling price of 4 candles. Also profit percentage equals to the loss percentage and
cost of a candle is half of the cost of a bulb. What is the ratio of selling price of candle to the
selling price of a bulb?
a. 2:1
b. 3:2
c. 7:9
d. 5:3

Quantitative Aptitude
K.SESHAGIRI RAO (C) Copyright (01-06-2018) All Rights Reserved
20) A Shopkeeper buys two bicycles for Rs. 750. He sells first bicycle at a profit of 22% and the
second bicycle at a loss of 8%. What is the SP of first bicycle if in the whole transaction
there is no profit no loss?
a. Rs 506
b. Rs 244
c. Rs 185
d. Rs 230

Quantitative Aptitude
K.SESHAGIRI RAO (C) Copyright (01-06-2018) All Rights Reserved