Profit & Loss Quiz For Upcoming Exams

Q11. The price of a jewel, passing through three hands, rises on the whole by 65%. If the first and the second sellers earned 20% and 25% profit respectively, find the percentage profit earned by the third seller?

1. 10%
2. 18%
3. 15%
4. 16%
5. None of these

Q12. A tradesman sold an article at a loss of 20%. If the selling price had been increased by Rs.100, there would have been a gain of 5%. What was the cost price of the article?

1. 600
2. 700
3. 300
4. 400
5. None of these

Q13. A trader sells two articles, one at a loss of 10% and another at a profit of 15% but finally there is no loss or gain. If the total sale price of these two articles is Rs.30,000, find the difference between their cost prices :

1. 5000
2. 6000
3. 7500
4. 8800
5. None of these

Q14. A shopkeeper sold an article for Rs.2090.42. Approximately, what will be the percentage profit if he sold that article for Rs.2602.58?

1. 15%
2. 20%
3. 25%
4. 30%
5. None of these

Q15. A man bought 18 oranges for a rupee and sold them at 12 oranges for a rupee. What is the profit percentage?

1. 33%
2. 50%
3. 66%
4. 48%
5. None of these

Q16. A retailer bought 20 kg tea at a discount of 10%. Besides 1 kg tea was freely offered to him by the wholesaler at the purchase of 20 kg tea. Now he sells all the tea at the marked price to a customer. What is profit percentage of retailer?

1. 30%
2. 12%
3. 66%
4. 25%
5. None of these

Q17. Each of A and B sold their article at Rs.1818 but A incurred a loss of 10% while B gained by 1%. What is the ratio of cost price of the articles of A to that of B?

1. 101 : 90
2. 85 : 89
3. 81 : 75
4. 75 : 81
5. None of these

Q18. Abhinav saves Rs.25 by getting 6.66% discount on a textbook. What is the amount of money (in Rs.) paid by him?

1. 450
2. 350
3. 225
4. 375
5. None of these

Q19. A trader sells goods to a customer at a profit of k% over the cost price, besides it he cheats his customer by giving 880 g only instead of 1 kg. Thus, his overall profit percentage is 25%. Find the value of k?

1. 33%
2. 25%
3. 10%
4. 52%
5. None of these

Q20. DSNL charges a fixed rental of Rs.350 per month. It allows 200 calls free per month. Each call is charged at Rs.1.4 when the number of calls exceeds 200 per month and it charges Rs.1.6 when the number of calls exceeds 400 per month and so on. A customer made 150 calls in February and 250 calls in March. By how much percent the each call is cheaper in March than each call in February?

1. 28%
2. 25%
3. 5%
4. Data inadequate
5. None of these

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