Profit and Loss on Arithmetic Aptitude related Questions and Answers

Question 1 : A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is
1. 45:56:00
2. 45:51:00
3. 47:56:00
4. 47:51:00
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Question 2 : A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:
1. A neither losses nor gains
2. A makes a profit of 11%
3. A makes a profit of 20%
4. B loses 20%
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Question 3 : A man sold two chairs at ₹ 1,200 each. On one he gained 20% and on the other he lost 20%. His gain or loss in the whole transaction is
1. 1% loss
2. 2% loss
3. 4% loss
4. 15 gain
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Question 4 : A shopkeeper marks his goods 30% above his cost price but allows a discount of 10% at the time of sale. His gain is
1. 21%
2. 20%
3. 18%
4. 17%
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Question 5 : If the profit per cent got on selling an article is numerically equal to its cost price in rupees and the selling price is Rs. 39, then cost price (in Rs.) will be
1. 20
2. 22
3. 28
4. 30
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Question 6 : An article is listed at ₹ 920. A customer pays ₹ 742.90 for it after getting two successive discounts. If the rate of first discount is 15%, the rate of 2nd discount is
1. 3%
2. 5%
3. 8%
4. 12%
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Question 7 : A tradesman marks his goods at 25% above the cost price and allows purchasers a discount of 12(1/2)% his profit is
1. 8%
2. 8.50%
3. 8.63%
4. 9.38%
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Question 8 : The marked price of a shirt and trousers are in the ratio 1:2. The shopkeeper gives 40% discount on the shirt. If the total discount in the set of the shirt and trousers is 30%, the discount offered on the trousers is
1. 15%
2. 20%
3. 25%
4. 30%
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Question 9 : A dealer buys an article marked at ₹ 25,000 with 20% and 5% off. He spends Rs. 1,000 for its repairs and sells it for ₹ 25,000. What is his gain or loss per cent?
1. loss of 25%
2. gain of 25%
3. gain 10%
4. loss of 10%
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Question 10 : A trader sells his goods at a discount 20%. He still makes a profit of 25%. If he sells the goods at the marked price only, his profit will be:
1. 56.25%
2. 25.56%
3. 50.25%
4. 54.25%
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