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Aptitude Profit and Loss Test Yourself

660.A dealer marks his goods 20% above cost price. He then allows some discount on it and makes a profit of 8%. The rate of discount is :
12%
10%
6%
4%
661.The difference between a discount of 40% on Rs.500 and two successive discount of 36% and 4% on the same amount is :
0
Rs.2
Rs. 1.93
Rs. 7.20
662.The marked price is 10% higher than the cost price. A discount of 10% is given on the marked price. In this kind of sale, the seller
Bears no loss, no gain
Gains
Losses
None of these
663.Trader lists his articles 20% above C.P and allows a discount of 10% on cash payment. His gain percent is
10%
8%
6%
5%
664.A retailer buys a sewing machine at a discount of 15% and sells it for Rs.1955. Thus he makes a profit of 15%. The discount is :
Rs.270
Rs.290
Rs.300
None of these
665.Kabir buys an article with 50% discount on its marked price. He makes a profit of 10% by selling it at Rs.660. The marked price is :
Rs.600
Rs.700
Rs.800
Rs. 685
1414.A dishonest shopkeeper professes to sell pulses at the cost price, but he uses a false weight of 950gm. for a kg. His gain is …%.
3.30%
4.30%
5.30%
7.30%
Explanation:

He sells 950 grams of pulses and gains 50 grams.
If he sells 100 grams of pulses then he will gain (50 / 950) *100 =
5.26
3094.100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is:
14$ \dfrac{2}{7} $% gain
15% gain
14$ \dfrac{2}{7} $% loss
15 % loss
Explanation:

C.P. of 1 orange = Rs.$ \left(\dfrac{350}{100} \right) $= Rs. 3.50

S.P. of 1 orange = Rs.$ \left(\dfrac{48}{12} \right) $= Rs. 4

$\therefore$ Gain% =$ \left(\dfrac{0.50}{3.50} \times 100\right) $%=$ \dfrac{100}{7} $% = 14$ \dfrac{2}{7} $%

3095.Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?
3.5
4.5
5.6
6.5
Explanation:

Cost Price of 1 toy = Rs.$ \left(\dfrac{375}{12} \right) $= Rs. 31.25

Selling Price of 1 toy = Rs. 33

So, Gain = Rs. (33 - 31.25) = Rs. 1.75

$\therefore$ Profit % =$ \left(\dfrac{1.75}{31.25} \times 100\right) $%=$ \dfrac{28}{5} $% = 5.6%

3096.The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
15
16
18
25
Explanation:

Let C.P. of each article be Re. 1 C.P. of $ x $ articles = Rs. $ x $.

S.P. of $ x $ articles = Rs. 20.

Profit = Rs. $\left(20 - x\right)$.

$\therefore \left(\dfrac{20 - x}{x} \times 100 = 25\right) $

$\Rightarrow$ 2000 - 100$ x $ = 25$ x $

125$ x $ = 2000

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