# Quants Questions : Profit and Loss Set 8

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!!!

1. The price of the book is Rs.100. A dealer sells 3 such books for Rs.288 after allowing discount at certain rate. Find the rate of discount ?
A)7%
B)4%
C)5%
D)6%
B)4%
Explanation :
Price of 3 books = Rs.300
SP of 3 books = Rs.288
% = (300-288)*100/300 = 4%

2. A shopkeeper earns a profit of 15% by giving a discount of 20% on marked price of a book. Find the ratio between Cost price and marked Price ?
A)16:23
B)23:16
C)12:25
D)14:23
A)16:23
Explanation :
MP*(100-20)/100 = CP*(100+15)/100
CP/MP = 80/115 = 16/23

3. The MRP of a dress is Rs.1050 and 15% discount is allowed, and the shopkeeper provided further 5% discount then what will be the Selling price of the dress
A)Rs.854
B)Rs.848
C)Rs.886
D)Rs.765
B)Rs.848
Explanation :SP = 1050*85*95/100*100 = 847.88 = 848

4. The selling price of 10 apples is the cost price of 13 apples then the profit % is
A)15%
B)3%
C)10%
D)30%
D)30%
Explanation :
CP of 13 apples = SP of 10 apples
1 Apple = 10
13 Apples = 130
10 Apples = 100
SP = 130, CP = 100
% = (130-100/100)*100 = 30%

5. A man purchases a certain no of oranges at Rs.10 each and same no at Rs.8. He mixes them together and sells them at each Rs.8.What is his gain or loss % ?
A)11.11% gain
B)11.11% loss
C)12.5% loss
D)17.5% gain
B)11.11% loss
Explanation :
5 oranges(Rs.10) = 50
5 oranges(Rs.8) = 40
10 oranges (Rs.8) = 80
5 oranges(Rs.10) + 5 oranges(Rs.8) = 50+40 = 90
% = (90-80)*100/90 = 11.11% loss

6. A man buy a single apple for Rs.18, he paid Rs.200 to buy  a dozen apples, find the approximate discount % ?
A)10%
B)13%
C)7%
D)2%
C)7%
Explanation :
Cp of 12 apples = 12 *18 = 216
SP of 12 apples = 200
16 = x*216/100
X = 16*100/216 = 7.4% = 7%

7. If an  article is sold for Rs.446 at a loss of 16%,find the Cost price of an article ?
A)Rs.521
B)Rs.531
C)Rs.528
D)Rs.546
B)Rs.531
Explanation :
SP = 84/100x
446 = 84/100x
X = 446*100/84 = 530.9 = 531

8. A man sells a DVD player at a profit of 20%. Had he bought it at 25% less and sold it for Rs.840 less,he would have gained 10%, What is the cost price of the DVD player?
A)Rs.2240
B)Rs.2100
C)Rs.2320
D)Rs.2760
A)Rs.2240
Explanation :
Let CP = 100………SP = 120% = 120
New CP = 75………..new SP = 75*110/100 = 82.50
Diff b/w SP = 120-82.50 = 37.50
At diff 840, CP = 100*840/37.50 = 2240

9. The marked price of a calculator was Rs.750, A man bought the same for Rs.550 after getting 2 successive discounts, If the 1st discount is 10% then find the 2nd discount % ?
A)23%
B)18%
C)21%
D)15%
B)18%
Explanation :
750*10/100 = 75
After 1st discount
Price = 750 – 75 = 675
2nd Discount = (675-550)*100/675 = 18.51% = 18%

10. Allowing 25% discount and 17% successive discount, the selling price of an article is Rs.3240 then the marked price is
A)Rs.5320
B)RS.5430
C)Rs.5250
D)Rs.5205
D)Rs.5205
Explanation :MP = 3240*100*100/75*83 = 5204.8 = 5205

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