Placement Preparationan HCL GUVI product
Q1
Q1 The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?
Rs. 1800
Rs. 2000
Rs. 2250
Rs. 2500
Q2
Q2 Cost price of 12 articles is equal to the selling price of 8 articles. Find the profit / loss %?
20% loss
50% loss
33.33% profit
50% profit
Q3
Q3 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____%.
5%
11%
4 4/19%
5 5/19%
Q4
Q4 Chamanlal purchased 20 dozen note books @ Rs.48 per dozen. He sold 8 dozen at 10% profit and the remaining12 dozens with 20% profit. What is the profit percentage in this transaction?
25%
12%
16%
50%
Q5
Q5 A watch dealer incurs an expense of Rs. 150 for producing every watch. He also incurs an additional expenditure of Rs. 30,000, which is independent of the number of watches produced. If he is able to sell a watch during the season, he sells it for Rs. 250. If he fails to do so, he has to sell each watch for Rs. 100.If he produces 1500 watches, what is the number of watches that he must sell during the season in order to breakeven, given that he is able to sell all the watches produced?
900
800
700
400
Q6
Q6 A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?
5
10
6
7
Q7
Q7 Shopkeeper sells two items at the same price. If he sells one of them at a profit of 10% and the other at a loss of 10%, find the percentage profit/loss.Same SP different profit loss %
2% profit
10% loss
1% loss
3% profit
Q8
Q8 A trader bought two horses for Rs 39,000. He sold one at a loss of 20% and another at a profit of 15%. If the selling price of each horse is same, then what are their cost price respectively?
21000,18000
22000,17000
24000,15000
23000,16000
Q9
Q9 A shopkeeper buys an article for 600 Rs and marks it for sale at a price that gives him 60 % profit on his cost price. He, however, gives a 15 % discount on the marked price to his customer. Calculate the actual profit gained by the shopkeeper as well as his profit percent.
Rs. 160, 26.67%
Rs. 180, 30%
Rs. 200, 33.33%
Rs. 216, 36%
Q10
Q10 At what per cent above the cost price must Atul mark his goods so that he gains 20% after giving a discount of 25% ?
25%
12%
60%
50%
Practice Profit and Loss Questions & Answers
The more questions a candidate answers, the better their understanding of the Profit and Loss concepts and their ability to answer quickly and accurately.
Importance: High
Difficulty level: 3 out of 5 (Normal)
Examination- SSC, Banking, GMAT, GRE, SAT, CAT, etc.
Parent section: Quantitative Aptitude
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