Find the HCF of 45, 60, and 75.

The correct answer is B: 15. 45 = 3² × 5, 60 = 2² × 3 × 5, 75 = 3 × 5². Common factors: 3 and 5. HCF = 3 × 5 = 15.

If a cistern is filled by three pipes in 4, 6, and 12 hours respectively, how long will it take to fill if all three are opened together?

The correct answer is A: 2 hours. Combined rate = 1/4 + 1/6 + 1/12 = 3/12 + 2/12 + 1/12 = 6/12 = 1/2. Time = 2 hours.

A train travels 480 km at a speed of 60 km/h. If it increases its speed by 20%, how much time will it save?

The correct answer is A: 1 hour. Original time = 480/60 = 8 hours. New speed = 72 km/h. New time = 480/72 = 6.67 hours. Time saved = 8 - 6.67 = 1.33 ≈ 1 hour (approximately 1 hour 20 minutes).

The compound interest on Rs. 5000 at 10% per annum for 2 years is:

The correct answer is B: Rs. 1050. A = 5000(1.1)² = 5000 × 1.21 = 6050. CI = 6050 - 5000 = 1050

A borrowed ₹5,000 from B at 8% simple interest for 3 years. A then lent this to C at 10% for 3 years. What is A's profit?

The correct answer is B: ₹300. SI paid by A = (5000 × 8 × 3)/100 = 1200. SI received by A = (5000 × 10 × 3)/100 = 1500. Profit = 1500 - 1200 = 300

Home

Home › Subjects › Quantitative Aptitude › Profit and Loss

Quantitative Aptitude
Profit and Loss

Quantitative aptitude questions for competitive exams

33 Q 7 Topics Take Mock Test

Difficulty: All Easy Medium Hard 21–30 of 33

Topics in Quantitative Aptitude

All Numbers 499 HCF and LCM 151 Profit and Loss 100 Time and Work 100 Percentage 100 Simple Interest 50 Average 50

Q.21 Easy Profit and Loss

If a watch is sold for ₹1,650 at a loss of 12%, what is its cost price?

A ₹1,875

B ₹1,850

C ₹1,920

D ₹1,800

Correct Answer: A. ₹1,875

EXPLANATION

Step 1: Loss = 12%, so SP = 88% of CP.

Step 2: Let CP = x, then 0.88x = 1650.

Step 3: x = 1650/0.88 = ₹1,875.

So option A is correct.

Test

Q.22 Easy Profit and Loss

A bookstore purchases novels at ₹240 per unit and sells them at ₹288 per unit. What is the profit percentage?

A 18%

B 20%

C 22%

D 25%

Correct Answer: B. 20%

EXPLANATION

Step 1: Cost Price (CP) = ₹240, Selling Price (SP) = ₹288.

Step 2: Profit = SP - CP = 288 - 240 = ₹48.

Step 3: Profit% = (Profit/CP) × 100 = (48/240) × 100 = 20%.

So option B is correct.

Test

Q.23 Easy Profit and Loss

If a merchant sells rice at ₹56 per kg and makes a profit of 40%, at what price did he buy the rice?

A ₹35 per kg

B ₹38 per kg

C ₹40 per kg

D ₹42 per kg

Correct Answer: C. ₹40 per kg

EXPLANATION

Step 1: Selling Price = ₹56 per kg and Profit = 40%.

Step 2: CP = SP / (1 + Profit%/100) = 56 / 1.40 = ₹40 per kg.

Step 3: Verification: Profit = 40 × 0.40 = ₹16; SP = 40 + 16 = ₹56 ✓.

So option C is correct.

Test

Q.24 Easy Profit and Loss

A mobile phone is sold for ₹18,900 at a profit of 35%. What is its cost price?

A ₹12,800

B ₹14,000

C ₹15,200

D ₹16,500

Correct Answer: B. ₹14,000

EXPLANATION

Step 1: Selling Price = ₹18,900 and Profit = 35%.

Step 2: CP = SP / (1 + Profit%/100) = 18,900 / 1.35 = ₹14,000.

Step 3: Verification: Profit = 14,000 × 0.35 = ₹4,900; SP = 14,000 + 4,900 = ₹18,900 ✓.

So option B is correct.

Test

Q.25 Easy Profit and Loss

If an article costs ₹640 and is sold at a loss of 8%, what is the selling price?

A ₹580.80

B ₹588.80

C ₹598.80

D ₹608.80

Correct Answer: B. ₹588.80

EXPLANATION

Step 1: Cost Price = ₹640.

Step 2: Loss = 8% of 640 = 0.08 × 640 = ₹51.20.

Step 3: Selling Price = CP - Loss = 640 - 51.20 = ₹588.80.

So option B is correct.

Test

Q.26 Easy Profit and Loss

A merchant buys cloth at ₹450 per meter and sells it at ₹540 per meter. What is the profit percentage?

A 18%

B 20%

C 22%

D 25%

Correct Answer: B. 20%

EXPLANATION

Step 1: Cost Price (CP) = ₹450 per meter.

Step 2: Selling Price (SP) = ₹540 per meter.

Step 3: Profit = SP - CP = 540 - 450 = ₹90.

Step 4: Profit% = (Profit/CP) × 100 = (90/450) × 100 = 20%.

So option B is correct.

Test

Q.27 Easy Profit and Loss

A trader buys 50 kg of sugar at ₹40 per kg and sells it at ₹48 per kg. What is the total profit?

A ₹300

B ₹350

C ₹400

D ₹450

Correct Answer: C. ₹400

EXPLANATION

Step 1: Total Cost Price = 50 × 40 = ₹2,000.

Step 2: Total Selling Price = 50 × 48 = ₹2,400.

Step 3: Total Profit = 2,400 - 2,000 = ₹400.

So option C is correct.

Test

Q.28 Easy Profit and Loss

If an article is sold at ₹810 with a profit of 35%, what was its cost price?

A ₹600

B ₹650

C ₹700

D ₹750

Correct Answer: A. ₹600

EXPLANATION

Step 1: Let CP = x. SP = CP + Profit = x + 0.35x = 1.35x.

Step 2: 1.35x = 810, so x = 810/1.35 = ₹600.

So option A is correct.

Test

Q.29 Easy Profit and Loss

A merchant sells a watch at a loss of 12%. If the cost price is ₹1,500, what is the selling price?

A ₹1,290

B ₹1,320

C ₹1,380

D ₹1,410

Correct Answer: B. ₹1,320

EXPLANATION

Step 1: Loss = 12% of CP = 0.12 × 1,500 = ₹180.

Step 2: SP = CP - Loss = 1,500 - 180 = ₹1,320.

So option B is correct.

Test

Q.30 Easy Profit and Loss

A shopkeeper buys a shirt for ₹400 and sells it for ₹520. What is his profit percentage?

A 25%

B 30%

C 35%

D 40%

Correct Answer: B. 30%

EXPLANATION

Step 1: Profit = Selling Price - Cost Price = 520 - 400 = ₹120.

Step 2: Profit% = (Profit/CP) × 100 = (120/400) × 100 = 30%.

So option B is correct.

Test

1 2 3 4

All Subjects & Topics

Govt. Exams

Entrance Exams

Teacher Exams

Subjects

Quick Links

Quantitative Aptitude Profit and Loss

Quantitative Aptitude
Profit and Loss