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# Quantitative Aptitude : Profit and Loss Set 1

1) A loss of 10% is made by selling an article. Had it been sold for Rs 75 more, there would have been a profit of 5%. What would be the selling price of the article if it is sold at 15% profit? A) Rs 475 B) Rs 520 C) Rs 575 D) Rs 425 E) None of these

2) A profit of 20% is made when an article is sold for Rs 720. What will be the profit % if the same article is sold for Rs 630? A) 12% B) 9% C) 3% D) 5% E) 8%

3) A trader gets a profit of 30% on buying a kg of wheat. By mistake, he sold 1200 grams of wheat at the price of 1 kg. Find his net profit/loss%? A) 25/3% profit B) 55/3% profit C) 30/11% loss D) 125/3% loss E) 25/6% profit

4) A trader bought 8 kg of rice at Rs 10 per kg. While selling he uses false weights of 1600 gm instead of 2 kg. What profit did he make by selling 8 kg of rice bought? A) Rs 18 B) Rs 30 C) Rs 20 D) Rs 26 E) Rs 33

5) There is a profit of 20% on an article, when a discount of 10% is given. What will be the profit % on the article if discount given is 20%? A) 2 1/3% B) 7% C) 4 4/5% D) 8% E) 6 2/3%

6) Two mobiles are sold at same price. If on one, a profit of 25% is made and on another, a loss of 10% is incurred, find the net profit/loss%? A) 10 62/99% B) 15 12/33% C) 6 14/23% D) 4 28/43% E) 15 1/5%

7) Cost price of milk is Rs x per litre and it is sold at Rs 1.5x per litre. If the milkman mixes 2 litres water with every 4 litres of pure milk while selling, what is his profit percentage? A) 100% B) 125% C) 80% D) 25% E) 55%

8) The profit% made by selling an article for Rs 2200 is same as the loss% made by selling the same article for Rs 1700. What would be the selling price of the article if it is sold at 10% profit? A) Rs 2145 B) Rs 2080 C) Rs 1975 D) Rs 1900 E) Rs 2180

9) Due to reduction of 20% in price of pens a customer can purchase 5 more pens for Rs. 40. What is the original price of a pen? A) Rs 5 B) Rs 3 C) Rs 2 D) Rs 6 E) Rs 8

10) If the cost price of 200 pens is equal to the selling price of 160 pens, the gain/loss % is A) 14% loss B) 25% gain C) 12% gain D) 16% loss E) 22% gain