Aptitude Logical Reasoning Profit and Loss 2023 NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc. Part 1

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1. A cycle is bought for ₹ 900 and sold for ₹ 1080, find the gain percent?

A.

B.

C.

D.

Answer: B

2. An article is bought for ₹ 675 and sold for ₹ 900, find the gain percent?

A.

B. 30%

C.

D.

Answer: C

3. An article is bought for ₹ 600 and sold for ₹ 500, find the loss percent?

A.

B.

C. 16%

D.

Answer: D

4. The cost price of a radio is ₹ 1500 and it was sold for ₹ 1230, find the loss % ?

A. 18%

B. 9%

C. 15%

D. 6%

Answer: A

5. A watch was sold at a loss of 10% . If it was sold for ₹ 140 more, there would have been a gain of 4% . What is the cost price?

A. ₹ 1000

B. ₹ 1140

C. ₹ 860

D. ₹ 760

Answer: A

6. The sale price sarees listed for ₹ 400 after successive discount is 10% and 5% is?

A. ₹ 357

B. ₹ 340

C. ₹ 342

D. ₹ 338

Answer: C

7. The list price of an article is ₹ 65. A customer pays ₹ 56.16 for it. He was given two successive discounts, one of them being 10% . The other discount is?

A. 3%

B. 4%

C. 5%

D. 6%

Answer: B

8. A single discount equivalent to the discount series of 20% , 10% and 5% is?

A. 25%

B. 30%

C. 31.6%

D. 33.5%

Answer: C

9. What profit percent is made by selling an article at a certain price, if by selling at of that price, there would be a loss of 20% ?

A. 20%

B. 25%

C.

D. 12%

Answer: A

10. A trader bought a car at 20% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price?

A. 10%

B. 11%

C. 12%

D. 15%

Answer: C

11. A man sells a horse for ₹ 800 and loses something, if he had sold it for ₹ 980, his gain would have been double the former loss. Find the cost price of the horse?

A. ₹ 900

B. ₹ 875

C. ₹ 850

D. ₹ 860

Answer: D

12. By selling a house for ₹ 45000, it was found that of the outlay was gained, what ought the selling to price to have been in order to have lost 5 p. c?

A. ₹ 38750

B. ₹ 38000

C. ₹ 40000

D. ₹ 42000

Answer: B

13. If a man lost 4% by selling oranges at the rate of 12 a rupee at how many a rupee must he sell them to gain 44% ?

A. 7

B. 8

C. 9

D. 10

Answer: B

14. By selling 150 mangoes, a fruit-seller gains the selling price of 30 mangoes. Find the gain percent?

A. 20%

B. 25%

C. 18%

D. 30%

Answer: B

15. The C. P of 10 pens is equal to the S. P of 12 pens. Find his gain % or loss % ?

A. profit

B. % profit

C. % loss

D. % loss

Answer: C