Quant Quiz - Profit / Loss

Q1)-A kind of tape is selling at a profit of 12% of selling price, equal to 18 per yard. What is the selling price of the tape?

Rs 1.50

Rs 3.50

Rs 4.50

Rs 2.50

Ans.- A

Q2)-A coat marked up 60% carries what percent of profit on selling price?

64 %

34 %

37.5 %

35.5 %

Ans.- C

Q3)-A sells a suitcase to B at 10% profit. B sells it to C at 30% profit. If C pays Rs 2860 for it, then the price at which a bought it is

1000

1600

2000

2500

Ans.- C

Q4)-A pair of articles was bought for Rs. 37.40 at a discount of 15%. What must be the marked price of each of the articles ? /

Rs 15

Rs 20

Rs 22

Rs 25

Ans.- C

Q5)-A seller gains the cost of 40 dozen apples by selling 25 dozen of apples. Then the gain percent is:

60%

40%

48%

56%

Ans.- A

Q6)-On selling an article for Rs170, a shopkeeper loses 15%. In order to gain 20%, he must sell that article at rupees:

215.50

212

240

210

Ans.- C

Q7)-In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

30 %

70 %

100 %

150 %

Ans.- B

Q8)-A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

3

4

5

6

Ans.- C

Q9)-The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, find out the value of x

13

14

15

16

Ans.- D

Q10)-A man bought oranges at the rate of 8 for Rs 34 and sold them at the rate of 12 for Rs. 57. How many oranges should be sold to earn a net profit of Rs 45?

90

100

120

150

Ans.- A