# Profit and Loss Quiz 9

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# Profit and Loss Quiz 9

### Introduction

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.

### 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

A

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.

### 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

B

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.

### 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 %

A

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 = $$\frac {1600}{10000} \times 100 = 16 %$$

### 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%

B

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

= $\frac {(\frac {2}{9})} {1}$ x 100

= 200/9

= 22.222%.

### Q5

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

A. 20 %
B. 40 %

C. 45 %
D. 35 %

B

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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