Introduction
Profit and Loss is one of important topic in Quantitative Aptitude Section. In Profit and Loss – Quiz 4 article candidates can find questions with an answer. By solving this questions candidates can improve and maintain, speed, and accuracy in the exams. Profit and Loss – Quiz 4 questions are very useful for different exams such as IBPS PO, Clerk, SSC CGL, SBI PO, NIACL Assistant, NICL AO, IBPS SO, RRB, Railways, Civil Services etc.
Q1
An article is bought for Rs.675 and sold for Rs.900, find the gain percent?
- A. 33
B. 29
C. 33.33
D. 40
CP = RS.675, SP = Rs. 900
Gain = SP - CP
Gain = 900 - 675 = 225
Gain% = [latex]\frac {Gain \times 100}{CP}[/latex]
= [latex]\frac {225 \times 100}{675}[/latex] = 33.33%
Q2
An article is bought for Rs.600 and sold for Rs.500, find the loss percent?
- A. 16 [latex]\frac {4}{3}[/latex]
B. [latex]\frac {100}{3}[/latex]
C. 16
D. 16 [latex]\frac {2}{3}[/latex]
CP = RS.600, SP = Rs. 500
Loss = CP - SP
Loss = 600 - 500 = 100
loss % = [latex]\frac {Loss \times 100}{CP}[/latex]
= [latex]\frac {100 \times 100}{600}[/latex] = 16 [latex]\frac {2}{3}[/latex] % loss
Q3
The cost price of a radio is Rs.1500 and it was sold for Rs.1230, find the loss %?
- A. 18 %
B. 9 %
C. 15 %
D. 6 %
CP = RS.1500, SP = Rs. 1230
Loss = CP - SP
Loss = 1500 - 1230 = 270
loss % = [latex]\frac {Loss \times 100}{CP}[/latex]
= [latex]\frac {270 \times 100}{15oo}[/latex] = 18 % loss
Q4
A watch was sold at a loss of 10%. If it was sold for Rs.140 more, there would have been a gain of 4%. What is the cost price?
- A. Rs.1000
B. Rs.1140
C. Rs.860
D. Rs.760
Q5
The sale price sarees listed for Rs.400 after successive discount is 10% and 5% is?
- A. Rs.357
B. Rs.340
C. Rs.342
D. Rs.338
400 [latex]\times[/latex]([latex]\frac {90}{1O0}[/latex]) [latex]\times[/latex] ([latex]\frac {95}{1O0}[/latex]) = 342