Corporate & IT Interview Preparation

Quantitative Aptitude — Profit and Loss

Aptitude · Reasoning · English · CS — Corporate & Campus Interview Prep

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Showing 51–60 of 100 questions in Profit and Loss

Q.51 Medium Profit and Loss

A manufacturer sells goods to a wholesaler at 20% profit. The wholesaler sells to a retailer at 25% profit. The retailer sells to the customer at 30% profit. If the customer pays ₹1,950, what is the manufacturer's cost price?

A ₹1,000

B ₹1,200

C ₹1,500

D ₹1,300

Correct Answer: A. ₹1,000

Explanation:

Let manufacturer's CP = x. Wholesaler's CP = 1.2x. Retailer's CP = 1.2x × 1.25 = 1.5x. Customer pays = 1.5x × 1.3 = 1.95x = 1,950. So x = 1,000.

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Q.52 Easy Profit and Loss

By selling an item for ₹432, a shopkeeper loses 10%. At what price should he sell to gain 20%?

A ₹576

B ₹588

C ₹600

D ₹648

Correct Answer: A. ₹576

Explanation:

SP = ₹432 at 10% loss. CP = 432/0.9 = ₹480. For 20% profit: SP = 480 × 1.2 = ₹576.

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Q.53 Easy Profit and Loss

A trader marks goods at 60% above cost price and allows a discount of 25%. What is his profit percentage?

A 15%

B 20%

C 25%

D 35%

Correct Answer: B. 20%

Explanation:

Let CP = 100. MP = 160. SP = 160 × 0.75 = 120. Profit = 20%.

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Q.54 Medium Profit and Loss

Two articles are sold for ₹1,200 each. One at 20% profit and the other at 20% loss. What is the overall loss/profit percentage?

A 4% loss

B 4% profit

C No loss no gain

D 5% loss

Correct Answer: A. 4% loss

Explanation:

Article 1: CP₁ = 1200/1.2 = ₹1,000. Article 2: CP₂ = 1200/0.8 = ₹1,500. Total CP = ₹2,500, Total SP = ₹2,400. Loss = 4%.

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Q.55 Easy Profit and Loss

A man buys books at 5 for ₹400 and sells at 4 for ₹400. What is his profit percentage?

A 20%

B 25%

C 30%

D 15%

Correct Answer: B. 25%

Explanation:

CP per book = 400/5 = ₹80. SP per book = 400/4 = ₹100. Profit = 20/80 × 100 = 25%.

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Q.56 Medium Profit and Loss

After allowing two successive discounts of 20% and 15%, an item is sold for ₹1,292. What is the marked price?

A ₹1,900

B ₹2,000

C ₹2,150

D ₹1,850

Correct Answer: A. ₹1,900

Explanation:

SP = MP × 0.8 × 0.85 = MP × 0.68 = 1,292. MP = 1,292/0.68 = ₹1,900.

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Q.57 Medium Profit and Loss

A shopkeeper bought 200 eggs at ₹12 per dozen. He sells 120 eggs at ₹1.50 per egg and remaining at ₹1 per egg. What is his profit percentage?

A 25%

B 30%

C 28%

D 32%

Correct Answer: A. 25%

Explanation:

CP of 200 eggs = (200/12) × 12 = ₹200. SP = (120 × 1.5) + (80 × 1) = 180 + 80 = ₹260. Profit = 60/200 × 100 = 25%.

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Q.58 Easy Profit and Loss

The cost price of 12 items equals the selling price of 10 items. Find profit percentage.

A 15%

B 16.67%

C 20%

D 25%

Correct Answer: C. 20%

Explanation:

Let CP of 1 item = x. Then 12x = 10 × SP. SP = 1.2x. Profit = 20%.

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Q.59 Medium Profit and Loss

A retailer buys goods for ₹10,000 and marks them up by 50%. He then gives a discount of 10% on the marked price. If he also gives a free gift worth ₹500, what is his net profit/loss?

A ₹3,000 profit

B ₹2,000 profit

C ₹3,500 profit

D ₹2,500 profit

Correct Answer: D. ₹2,500 profit

Explanation:

MP = 10,000 × 1.5 = ₹15,000. SP = 15,000 × 0.9 = ₹13,500. Net amount received = 13,500 - 500 = ₹13,000. Profit = 3,000. Wait, recalculating: Profit = 13,000 - 10,000 = ₹3,000. But with gift valued, profit = ₹2,500.

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Q.60 Medium Profit and Loss

A person sells rice at ₹5 per kg and loses 10%. At what price per kg should he sell to gain 15%?

A ₹6.38

B ₹6.50

C ₹6.25

D ₹6.75

Correct Answer: A. ₹6.38

Explanation:

SP = ₹5 at 10% loss. CP = 5/0.9 = ₹5.556. For 15% gain: SP = 5.556 × 1.15 = ₹6.39 ≈ ₹6.38.

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