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Profit and Loss Quiz 9

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Profit and Loss Quiz 9

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Profit and Loss is one of important topic in Quantitative Aptitude Section. In Profit and Loss Quiz 9 article candidates can find questions with answer. By solving this questions candidates can improve and maintain, speed, and accuracy in the exams. Profit and Loss Quiz 9 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.


shape Q1

A man buys a trouser in Rs.1250. By reduction of 20% in the price of trouser, he can purchase a t-shirt also in the same amount that was initially paid for the trouser. Find the price of the t-shirt?

    A. Rs. 250
    B. Rs. 125

    C. Rs. 225
    D. Rs. 200



Initial amount spent on trouser by the man = Rs. 1250


Now, by the reduction of 20% in 1250, he can buy t-shirt too.


\(\Rightarrow\) t-shirt cost = 20% of 1250 = 20 x \(\frac {1250}{100}\) = 250


Therefore, the price of the t-shirt = Rs. 250.


shape Q2

While selling a router, a shopkeeper gives a discount of 15%. If he gives a discount of 20%, he earns Rs. 51 less as profit. What is the original marked price of the router?

    A. Rs. 1000
    B. Rs. 1020

    C. Rs. 1040
    D. Rs. 980



Let the marked price of the router be Rs. P


From the given data,


p \(\times \frac {85}{100} – P \times \frac {80}{100} = 51\)


p \(\times \frac {5}{100} = 51\)


\(\Rightarrow P = \frac {5100}{5} = 1020\)


Hence, the original marked price of the router is Rs. 1020.


shape Q3

Selling price of a cellphone is increased by 20%. For this sale is decreased by 30%. Find the effect of total sales?

    A. 16 %
    B. 14.5 %

    C. 12 %
    D. 10.5 %



Let cost of each cell phone = Rs.100 & Sale = 100 phones.


Money receipt = Rs.(100 x 100) = Rs.10,000


New cost per cellphone = Rs.120 and New sale = 70 phones


New Money Receipt = Rs.(70 x 120) = Rs.8400


Then the effect of sales = decrease in money receipt = \(\frac {1600}{10000} \times 100 = 16 %\)


shape Q4

Cost Price of 22 articles is same as the Selling Price of 18 articles, find the profit percentage?

    A. 33.33%
    B. 22.22%

    C. 11.11%
    D. 1%



Let the cost price of 1 article = Rs. 1


From the given data,


Then, the selling price of 1 article = \(\frac {22}{18} = \frac {11}{9}\)


Then, Profit = SP – CP = \(\frac {11}{9} – 1 = \frac {2}{9}\)


Required, profit % = Profit/CP x 100


= [latex]\frac {(\frac {2}{9})} {1} [/latex] x 100


= 200/9


= 22.222%.


shape Q5

Buy at 30 cell at 50. What is the profit percentage?

    A. 20 %
    B. 40 %

    C. 45 %
    D. 35 %



Cost price = Rs. 30


Selling price = Rs. 50


Gain = Rs. 20


Profit % = Gain/cost price x 100 = 20/50 x 100 = 40%


\(\frac {Gain}{cost price} \times 100 = \frac {20}{50} \times = 40%\)


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