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Aptitude :: Profit and Loss

@ : Home > Aptitude > Profit and Loss > General Questions 11. 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 Answer & Explanation Answer: Option D Explanation: (C.P. of 17 balls) - (S.P. of 17 balls) = (C.P. of 5 balls) C.P. of 12 balls = S.P. of 17 balls = Rs.720. C.P. of 1 ball = Rs. 720 = Rs. 60. 12

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General Questions Data Sufficiency 1 Data Sufficiency 2 Data Sufficiency 3 Data Sufficiency 4 "In the middle of difficulty lies opportunity." - Albert Einstein

View Answer Workspace Report Discuss in Forum 12. When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?

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A.Rs. 21,000 C.Rs. 25,300 Answer & Explanation Answer: Option C Explanation: 85 : 18700 = 115 : x x= 18700 x 115 = 25300. 85

B.Rs. 22,500 D.Rs. 25,800

Hence, S.P. = Rs. 25,300. View Answer Workspace Report Discuss in Forum 13. 100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is: 2 A.14 % gain B.15% gain 7 2 C.14 % loss D.15 % loss 7 Answer & Explanation Answer: Option A Explanation: C.P. of 1 orange = Rs. S.P. of 1 orange = Rs. 350 = Rs. 3.50 100 48 = Rs. 4 12

Gain% =

100 2 0.50 % = 14 % x 100 = 3.50 7 % 7

View Answer Workspace Report Discuss in Forum 14. A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. His total gain or loss percent is: 15 15 A.5 % loss B.5 % gain 17 17 2 C.6 % gain D.None of these 3 Answer & Explanation Answer: Option B Explanation: 100 C.P. of 1st transistor = Rs. 120x 840 = Rs. 700. 100 C.P. of 2nd transistor = Rs. 96 x 960 = Rs. 1000 So, total C.P. = Rs. (700 + 1000) = Rs. 1700. Total S.P. = Rs. (840 + 960) = Rs. 1800. Gain % = 100 15 x 100 = 5 % 1700 % 17

View Answer Workspace Report Discuss in Forum 15. A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:

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A.No profit, no loss C.8% E.None of these Answer & Explanation Answer: Option B Explanation:

B.5% D.10%

C.P. of 56 kg rice = Rs. (26 x 20 + 30 x 36) = Rs. (520 + 1080) = Rs. 1600. S.P. of 56 kg rice = Rs. (56 x 30) = Rs. 1680. Gain = 80 x 100 1600 % = 5%.

View Answer Workspace Report Discuss in Forum < Prev 123

Read more: Profit and Loss - Important Formulas Profit and Loss - Data Sufficiency 1 Profit and Loss - Data Sufficiency 2 Profit and Loss - Data Sufficiency 3 Profit and Loss - Data Sufficiency 4

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