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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. 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 1 of 15

2. 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 2 of 15

3. 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 3 of 15

4. Three partners altogether invested  ζ 1,14,000 in a business.At the end of the year,one got  ζ 337.50,the second  ζ 1,125 and the third  ζ 675 as profit.What is the percentage of profit?

Question 4 of 15

5. My friend collects antique stamps.She purchased two,but found that she needed to raise money urgently.So she sold them for  ζ 8000 each.On one she made 20% profit and on the other she lost 20% .How much did she gain or lose in the entire transaction?

Question 5 of 15

6. A 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 6 of 15

7. 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 7 of 15

8. 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 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. 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 10 of 15

11. 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 11 of 15

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

Question 12 of 15

13. A manufacturer of a certain item can sell all he can produce at the selling price of ζ 60 each.It costs him ζ 40 in materials and labor to produce each item and he has overhead expenses of ζ 3000 per week in order to operate that plant.The number of units he should produce and sell in order to make a profit of at least ζ 1000 per weeks 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. Sunder purchased an office bag with a price tag of  ζ 600 in a sale where 25% discount was being offered on the tag price.He was given a further discount of 10% on the amount arrived at after gibing usual 25% discount.What was the final amount paid by Sunder?

Question 15 of 15


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