Aptitude Quiz - Profit and Loss 2

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Aptitude Quiz on Profit and Loss 2

1. The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

A. Rs. 2000
B. Rs. 2200
C. Rs. 2400
D. Data inadequate

2. A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?

A. Rs. 1090
B. Rs. 1160
C. Rs. 1190
D. Rs. 1202

3. A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?

A. Rs. 18.20
B. Rs. 70
C. Rs. 72
D. Rs. 88.25

4. Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?

A. 3.5
B. 4.5
C. 5.6
D. 6.5

5. On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:

A. Rs. 45
B. Rs. 50
C. Rs. 55
D. Rs. 60

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