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. 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 1 of 15

2. A man sells a article at 5% profit.If he had bought it at 5% less and sold it for ζ  1 less,he would have gained 10%.The cost price of the article is?

Question 2 of 15

3. A 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 3 of 15

4. The cost price of 20 articles is the same as the selling price of x articles.If the profit is 25% .then the value of x is?

Question 4 of 15

5. 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 5 of 15

6. 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 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. What per cent selling price would be 34% of cost price if gross profit is 26% of the selling price?

Question 8 of 15

9. 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 9 of 15

10. If 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 10 of 15

11. 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 11 of 15

12. 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 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 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 14 of 15

15. 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 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 *