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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
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Quantitative Reasoning Profit Loss Mcqs Test Online


1. A cycle agent buys 30 bicycles, of which 8 are first grade and the rest are second grade,for  ζ 3150.Find at what price he must sell the first grade bicycles so that if he sells the second grade bicycles at three quarters of the price,he may make a profit of 40% on his outlay?

Question 1 of 15

2. A 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. A student purchased a computer system and a colour printer.If he sold the computer system at 10% loss and the colour printer at 20% gain,he would not lose anything.But if he sells the computer system at 5% gain and the colour printer at 15% loss,he would lose ζ 800 in the bargain.How much did he pay for the colour printer?

Question 3 of 15

4. By selling 33 meters of cloth, a shopkeeper gains the price of 11 meters of cloth.His gain percent is?

Question 4 of 15

5. A 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 5 of 15

6. The marked price of a certain commodity is 30% higher than its cost price.A discount of 20% on the marked price makes the selling price  ζ 208.What is the net profit as a percent of cost price?

Question 6 of 15

7. The 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 7 of 15

8. On selling a pen at 5% loss and a book at 15% gain,Karim gains ζ 7.If he sells the pen at 5% gain and the book at 10% gain,then he gains  ζ13.The actual price of the book is?

Question 8 of 15

9. The 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 9 of 15

10. Vishal 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 10 of 15

11. Two motors cars were sold for ℑ 9,900 each,gaining 10% on one and losing 10% on the other.The gain and loss percent in the whole transaction is?

Question 11 of 15

12. If 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 12 of 15

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

Question 13 of 15

14. A 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. Ravi 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 15 of 15


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