Aptitude Logical Reasoning Profit and Loss 2023 NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc. Part 4
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1. A shopkeeper buys mangoes at the rate of 4 a rupee and sells them at 3 a rupee. Find his net profit or loss percent?
A. 20%
B. 28%
C.
D.
Answer: C
2. A dishonest dealer professes to sell his goods at Cost Price but still gets 20% profit by using a false weight. What weight does he substitute for a kilogram?
A. grams
B. grams
C. grams
D. grams
Answer: B
3. The owner of a furniture shop charges his customer 24% more than the cost price. If a customer paid ₹ 8339 for a computer table, then what was the cost price of the computer table?
A. ₹ 5725
B. ₹ 5275
C. ₹ 6275
D. ₹ 6725
E. None of these
Answer: D
4. A person purchased a TV set for ₹ 16000 and a DVD player for ₹ 6250. He sold both the items together for ₹ 31150. What percentage of profit did he make?
A. 30%
B. 35%
C. 40%
D. 45%
E. None of these
Answer: C
5. Ramu bought an old car for ₹ 42000. He spent ₹ 13000 on repairs and sold it for ₹ 64900. What is his profit percent?
A. 14%
B. 16%
C. 18%
D. 22%
E. None of these
Answer: C
6. A trader sells 85 meters of cloth for ₹ 8925 at the profit of ₹ 15 per metre of cloth. What is the cost price of one metre of cloth?
A. ₹ 80
B. ₹ 85
C. ₹ 90
D. ₹ 95
E. None of these
Answer: C
7. A shopkeeper loses 15% , if an article is sold for ₹ 102. What should be the selling price of the article to gain 20% ?
A. ₹ 150
B. ₹ 144
C. ₹ 138
D. ₹ 132
E. None of these
Answer: B
8. If an article is sold at 19% profit instead of 12% profit, then the profit would be ₹ 105 more. What is the cost price?
A. ₹ 1505
B. ₹ 1510
C. ₹ 1500
D. ₹ 1490
E. None of these
Answer: C
9. Raman mixed 24 kg of butter at ₹ 150 per kg with 36 kg butter at the rate of ₹ 125 per kg. At what price per kg should he sell the mixture to make a profit of 40% in the transaction?
A. ₹ 135
B. ₹ 162
C. ₹ 189
D. ₹ 198
E. None of these
10. Vijay bought 160 shirts at the rate of ₹ 225 per shirt. The transport expenditure was ₹ 1400. He paid an octroi at the rate of ₹ 1.75 per shirt and labour charges were ₹ 320. What should be the selling price of one shirt, if he wants a profit of 20% ?
A. ₹ 258
B. ₹ 270
C. ₹ 277.5
D. ₹ 285
E. None of these
Answer: D
11. Sreenivas sells a table to Shiva at 10% profit and Shiva sells it to Mahesh at 10% loss. At what price did Sreenivas purchase the table if Mahesh paid ₹ 2178?
A. ₹ 2100
B. ₹ 2150
C. ₹ 2200
D. ₹ 2250
E. None of these
Answer: C
12. If a trader sold two cars each at ₹ 325475 and gains 12% on the first and loses 12% on the second, then his profit or loss percent on the whole is?
A. 1.44% loss
B. 14.4% profit
C. 14.4% loss
D. 0%
E. None of these
Answer: A
13. If the cost price of 50 articles is equal to the selling price of 40 articles, then the gain or loss percent is?
A. 20% loss
B. 20% profit
C. 10% profit
D. 25% loss
E. None of these
Answer: E
14. A dealer purchases 15 articles for ₹ 25 and sells 12 articles for ₹ 30. Find the profit percentage?
A. 25%
B. 50%
C. 20%
D. 5%
E. None of these
Answer: B
15. By selling 99 pens, a trader gains the cost of 33 pens. Find his gain percentage?
A.
B. 50%
C. 25%
D.
E. None of these
Answer: A