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!!!

**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%

###### Answer

**B)4%**

Explanation :

Price of 3 books = Rs.300

SP of 3 books = Rs.288

% = (300-288)*100/300 = 4%

**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

###### Answer

**A)16:23**

Explanation :

MP*(100-20)/100 = CP*(100+15)/100

CP/MP = 80/115 = 16/23

**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

###### Answer

**B)Rs.848**

Explanation :SP = 1050*85*95/100*100 = 847.88 = 848

**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%

###### Answer

**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%

**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

###### Answer

**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

**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%

###### Answer

**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%

**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

###### Answer

**B)Rs.531**

Explanation :

SP = 84/100x

446 = 84/100x

X = 446*100/84 = 530.9 = 531

**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

###### Answer

**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

**The marked price of a calculator was Rs.750, A man bought the same for Rs.550 after getting 2 successive discounts, If the 1**^{st}discount is 10% then find the 2^{nd}discount % ?

A)23%

B)18%

C)21%

D)15%

###### Answer

**B)18%**

Explanation :

750*10/100 = 75

After 1^{st}discount

Price = 750 – 75 = 675

2^{nd}Discount = (675-550)*100/675 = 18.51% = 18%

**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

###### Answer

**D)Rs.5205**

Explanation :MP = 3240*100*100/75*83 = 5204.8 = 5205

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