Quantitative Reasoning Profit Loss Mcqs Test Online Practice Mock Quiz
Home / Tests / Quantitative Reasoning Profit Loss Mcqs Test Online

Quantitative Reasoning Profit Loss Mcqs Test Online

Test Name Quantitative Reasoning Profit Loss Mcqs Test
Subject Aptitude
Test Type MCQS
Total Question 27
Total Marks 54
Total Time 27
Test Help For
  • GMAT
  • Bank Exam
  • All Jobs Test
  • All Entrance Exams
  • All Forces Quiz
  • CAT
  • GATE
  • GRE

Quantitative Reasoning Profit Loss Mcqs Test Online


1. mark reviewIf 7% of the sale price of an article is equivalent to 8% of its cost price and 9% of its sale price exceeds 10% of its cost price by Re.1,then what is the cost price of the article?

Question 1 of 15

2. mark reviewA shopkeeper purchased 150 identical pieces of calculators at the rate of  ζ 250 each.He spent an amount of  ζ 2500 on transport and packing.He fixed the labelled price of each calculator at  ζ 320.However ,he decided to give a discount of 5% on the labelled price.What is the percentage profit earned by him?

Question 2 of 15

3. mark reviewA man sold two steel chairs for  ζ 500 each.On one, he gains 20% and on other,he loses 12% .How much does he gain or lose in the whole transaction?

Question 3 of 15

4. mark reviewWhat per cent selling price would be 34% of cost price if gross profit is 26% of the selling price?

Question 4 of 15

5. mark reviewA dealer buys dry fruit at the rate of ζ 100,ζ 80 and ζ 60 per kg.He bought them in the ratio 12:15:20 by weight.He in total gets 20% profit by selling the first two and at last he finds he has no gain no loss in selling the whole quantity which had.What was the percentage loss he suffered for the third quantity?

Question 5 of 15

6. mark reviewA trader marks his goods at such a price that he can deduct 15% for cash and yet make 20% profit.Find the market price of an item which cost him ζ 90.

Question 6 of 15

7. mark reviewRavi sells an article at a gain of 12 1/2%.If had sold it ζ 22.50 more.he would have gained 25%.The cost price of the article is?

Question 7 of 15

8. mark reviewIf the selling price of a product is increased by  ζ 162,then the business would make a profit of 17% instead of a loss of 19% .What is the cost price of the product?

Question 8 of 15

9. mark reviewThe retail price of a water geyser is  ζ 1265.If the manufacturer gains 10%,the wholesale dealer gains 15% and the retailer gains 25%,then the cost of the product is?

Question 9 of 15

10. mark reviewIf cost of 12 pencils is equal to the selling price of 10 pencils,then profit percent in the transaction is?

Question 10 of 15

11. mark reviewA person has deposited ζ 13,200 in a bank which pays 14 interest.He withdraws the money and invests in ζ 100 stock at ζ 110 which pays a dividend of 15%.How much does he gain or lose?

Question 11 of 15

12. mark reviewThe sale price of an article including the Sales Tax is ζ 616.The rate of Sales Tax is 10%.If the shopkeeper has made a profit of 12%.then the cost price of the article is?

Question 12 of 15

13. mark reviewVishal goes to a shop to buy a radio costing ζ2568.The rate of sales tax is 7%.He tells the shopkeeper to reduce the price of the radio to such an extent that he has to pay ζ 2568,inclusive of sales tax.Find the reduction needed in the price of the radio.

Question 13 of 15

14. mark reviewA manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%.The wholesaler sells the same to a retailer at a profit of 20%,The retailer in turn sells them to a customer for  ζ 30. 09,thereby making a profit of 25%.The cost price of the manufacturer is?

Question 14 of 15

15. mark reviewBy selling 33 meters of cloth, a shopkeeper gains the price of 11 meters of cloth.His gain percent is?

Question 15 of 15


Test By Subject
Test By Topics
Have any Problem or Error please mention in below comments section.

Leave a Reply

Your email address will not be published. Required fields are marked *