Aptitude Quiz - Profit and Loss 1

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Aptitude Quiz on Profit and Loss

1. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:

A. 15
B. 16
C. 18
D. 25




2. In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

A. 30%
B. 70%
C. 100%
D. 250%




3. If selling price is doubled, the profit triples. Find the profit percent.

A. 66 2/3
B. 100
C. 105 1/3
D. 120




4. A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

A. 3
B. 4
C. 5
D. 6




5. Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:

A. 4 4/7%
B. 5 5/11%
C. 10%
D. 12%