Hello Aspirants. Welcome to Online Quantitative Aptitude section in AffairsCloud.com. Here we are creating question sample in **Profit and loss** , which is common for all the competitive exams. We have included Some questions that are repeatedly asked in exams!!!

**A Shopkeeper blends 2 varieties of tea, one CP is Rs.50 and another one CP is Rs.100 per kg. They were mixed in the ratio 7:2, if he sold the mixed variety at Rs.100 pkg, how much was his profit percentage ?**

A)63.54%

B)63.63%

C)63.36%

D)66.36%

###### Answer

**B)63.63%**

Explanation :

7*50 + 2*100 = 350+200 = 550

7+2 = 9

9*100 = 900

[900-550/550]*100 = 63.63%

**A boy bought 2 items for Rs.7500. One item he sells at a profit of 16% and other item at 14% loss. In this the boy makes neither any profit nor any loss. What is the difference between SP of 2 items.**

A)602

B)610

C)600

D)620

###### Answer

**D)620**

Explanation :

116X/100 + (7500-x)86/100 = 7500

116x-86x-645000 = 750000

X = 3500, 7500 – 3500 = 4000

(3500*116)/100 – (4000*86)/100 = 620

**The CP of Desk is Rs.2000. A Salesman wants to make 15% profit by selling it. At the time of sale he declares a discount of 10% on MP. The Marked price is ?**

A)2552

B)2554

C)2556

D)2550

###### Answer

**C)2556**

Explanation :

90x/100 = 2000*(115/100)

X = 2000*115/90 = 2555.5 = 2556

**A man sell an item with a discount of 15% to his customers and still gains 10%. Find the MP of an item which cost Rs.320**

A)414

B)441

C)411

D)141

###### Answer

**A)414**

Explanation :

X*85/100 = 320*110/100

X = 320*110/85 = 414.12

**A shopkeeper sells his goods at 10% profit. If he sells it at 20% profit, he get Rs.120 more.Find the CP**

A)1000

B)1020

C)1100

D)1200

###### Answer

**D)1200**

Explanation :120*100/10 = 1200

**A man sells 2 books for Rs.450 each at no profit no loss on the whole business. If he earned 20% profit on the 1**^{st}item then the loss on the 2^{nd}item will be

A)12.48%

B)14.28%

C)12.24%

D)14.28%

###### Answer

**D)14.82%**

Explanation :

SP of 2 items = 450+450 = 900

CP of 1^{st}item = 450*100/120 =375

CP of 2^{nd}item = 900 – 375 = 525

Loss = CP – SP= 525 – 450 = 75

% loss = 75*100/525 = 14.28%**Arun bought a bag with 20% discount on the SP. If the watch cost him Rs.1400, What is the Original SP of the bag ?**

A)1750

B)1740

C)1650

D)1570

###### Answer

**A)1750**

Explanation :X = 1400*100/80 = 1750

**A lady sales saree, she charges 18% more than the CP. If a customer paid Rs.3560. Then what was the CP of that saree**

A)3016

B)3017

C)3071

D)3072

###### Answer

**B)3017**

Explanation :100*3560/118 = 3017

**A Shopkeeper professes to sell his articles on CP but he uses false weight of 900gm for 1kg. His gain % is**

A)12.22%

B)11.01%

C)11.11%

D)12.11%

###### Answer

**C)11.11%**

Explanation :(100/900)*100 = 11.11%

**A dealer makes his goods 25% above CP and then while selling gives a discount of 12% on MP. Find his profit %**

A)10%

B)15%

C)12%

D)11%

###### Answer

**A)10%**

Explanation :

Let CP = 100

MP = 125

Profit = 125*88/100 = 110

110 – 100 = 10%

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