Profit & Loss Hard

| Quantitative Aptitude | |Profit & Loss | |HARD Level Questions|
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1. A shopkeeper marks up his goods by 4. A shopkeeper sold half of his items at 25%
20% and then gives a discount of 20%. profit, half of the remaining at 20% loss
Besides he cheats both his supplier and and the rest was sold at the cost price. Find
customer by 100 g, i.e., he takes 1100 g the gain/loss % in the whole transaction?
from his supplier and sells only 900 g to A.12 % B.0.5 %
his customer. What is his net proﬁt C.7.5 % D.9 %
percentage? (Rounded off to two E. None of these
decimal points) 5. The teddy is marked 15% above the cost
A.24.5% B.17.33% price. When the selling price of an article is
C.25% D.32.5% increased by 25%, the profit gets increased Rs.
e. None of these 110. If the marked price of the article is Rs.
2. A seller bought 2750 Mangoes and 575, then find original selling price?
1210 Apples at the same price. He sells A. Rs. 560 B. Rs. 440
in such a way that he can buy 406 C. Rs. 390 D. Rs. 280
Mangoes with the sale of 322 Mangoes E. Rs. 620
and he can buy only 289 Apples with the 6. A firm of readymade garments makes both
sale of 391 Apples. Then what is the men’s and women’s shirts. Its average profit
overall profit percentage made by him? is 5% of the sales. Its profit in men’s shirts
A.0% B.2% average 9% of the sales and women’s shirts
C.5% D.6% comprise 60% of the output. The average
E.10% profit per sale rupee in women shirts is
3. The ratio selling prices three articles A, B, a. 0.0266 b. 0.0466
and C is 29:27:32., the ratio of c. 0.0433 d. 0.0233
percentage profit is 4:2:5, respectively. If e. None of these
the cost price of article A is equal to B 7. A trader bought 20kg of sugar at the rate of
and the cost price of article C is Rs. 480. Rs. 30 per kg. He sold 30% of the total
Then what is the overall gain? quantity at the rate of Rs. 40 per kg. At what
A. 0% B.12% price per kg should he sell the remaining
D.15% D.18% E.19% quantity to make 15% overall profit (approx)?
A. Rs. 25 B. Rs. 36
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C. Rs. 22 D. Rs. 32 11. A fruit-seller buys some oranges and by

E. None of these selling 40% of them he realizes the cost price
8. Preethi buys two books for a total cost of of all the oranges. As the oranges being to
Rs. 300. By selling one book for 2/5 of grow over-ripe, he reduces the price and
its cost and the other for 5/2 of its cost, sells 60% of the remaining oranges at one
she makes a profit of Rs. 48 on the whole third of the previous rate of profit. The
transaction. The cost of the lower priced rest of the oranges being rotten are thrown
book is(approx)? away. The overall percentage of profit is
a. Rs 108.50 b. Rs 135.25 A.54% B .68%
c. Rs 82.50 d. Rs 76.50 C.49% D.75%
e. None of these E . None of these
9. Vinay sells a shirt for Rs 800 and earned 12. A merchant earns 25% profit in general. Once
some profit. The profit of that shirt is his 25% consignment was abducted forever
equal to the 15 times of the loss incurred by some goondas. Trying to compensate
when it is sold for Rs.360. If he wants to his loss he sold the rest amount by
make a profit of 30%, then what will be increasing his selling price by 20%. What is
the Selling Price? the new percentage of profit or loss?
A. Rs 387.50 B. Rs 503.75 A.12.5% B .14.5%
C. Rs 425.70 D. Rs 640.50 C.16.8% D .18.5%
E. None of these E . None of these
10. Rahim marks up all Jeans in his shop 20% 13. The MRP of a article is 60% above its
higher. He gave 25% discount on 2/5th of manufacturing cost. The article is sold
the total Jeans and 12% discount on 1/4th through a retailer, who earns 19% profit on
of the total Jeans. If Rahim gets an his purchase price. What is the approx. profit
overall profit of 2.3%, then what percentage for the manufacturer who sells
percentage of discount should be given by his article to the retailer? The retailer gives
Rahim to customers on the remaining 15% discount on MRP?
Jeans.? A. a.15.2% B. 14.2%
A.5% B .15% C. 13% D. 12.5%
C.17% D.6% E.8% E. None of these
14. An Article costs Rs. 5000 and it is marked money to India at the then existing rate of
up 40% by the shopkeeper. A customer 80. what was real returns in INR?
walks into the shop and seems really A. loss of 24% B. gain of 28%
interested in the article. Sensing this, the C. loss of 28% D. gain of 20%
shopkeeper gets greedy and he raises the E. None of these
markup % to 80% and gives a discount of 17. The Maximum Retail Price (MRP) of a product
20% to the customer. How much is 55% above its manufacturing cost. The
more/less money would he had made, product is sold through a retailer, who earns
had he not gotten greedy? 23% profit on his purchase price. What is the
A. Rs. 200 more B. Rs. 200 less profit percentage for the manufacturer who
C. Rs. 400 more D. Rs. 400 less sells his product to the retailer? The retailer
E. None of these gives 10% discount on MRP.
15. A man owns five flowers pots all of the A.31% B.22%
same value. He sells the first pot at 10% C.15% D.13% E.11%
profit, 2nd at a 16.66% loss & the 3rd at 18. If the selling price of an article is doubled,
25% profit. He sells the last two for then its loss per cent is converted into equal
rupees 140 & Rs. 78 respectively. After profit per cent. The loss per cent on the
selling all five pots he notice that he has article is?
not gained or lost anything on the entire A. 31 B. 33 1/3
deal. What would his total profit or loss % C. 38 2/5 D. 37 9/5
be if he had sold each pot for rupees E. None of these
156? 19. A dealer purchased a printing machine for Rs.
A. 20% B. 30% 7660. He allows a discount of 12% on its
C. 35% D. 40% marked price and still gains 10%. Find the
E. None of these marked price of the machine.
16. Mr. Rajan invested Rs 1,00,000 in US A. 9575 B. 8765
Stock Markets when the GBPINR rate was C. 10985 D. 8995

75. After one year his investment E. None of these
appreciated by 20% in GBP terms. He sold 20. A person sold an toy for Rs. 136 and got
of his investments and repatriated the 15% loss, had he sold it for Rs. N, he would
have got a profit of 15%. Which one of earnings had to be calculated on the basis of
the following is correct? 14 months in the calendar year, while the
A. 190< N< 200 B. 180< N< 190 average monthly expenditure was to be
B. 170< N< 180 D. 160< N< 170 calculated on the basis of 9 months in the
E. None of these year. This weird system of calculation always
21. P, Q and R have 120 mangoes in total. P resulted in the natives underestimating their
give 37.5% of his mangoes to Q and R savings because there occurs an
such that now he has equal number of underestimation of their earning. The
mangoes as Q and R together have. After expenditure per month gets overestimated.
that Q give same % of mangoes to R, Now keeping the above points in view try to
after which Q and R have equal number answer the below questions:
of mangoes. How many mangoes Q gives 23. Mr. Ghosh comes to his native island from
to R? Africa and makes his native community
A. 18 B.24 C.12 D.30 E.6 comprising of 173 families to calculate their
22. A shopkeeper has some mangoes. A
average earning and the average expenditure
costumer came and take some mangoes
on the basis of 12 months per the calendar
which is 2 more than the number of
year. The average estimated earning in his
mangoes shopkeeper left with. In the
community according to the old system is
same process shopkeeper sale mangoes
77 fasios per month. Assuming there are no
such that he does not have any mango
other changes, what will be the percentage
for 7th customer. Find the initial number
change in savings of the 173 families?
of mangoes which he has?
A. 34% increase B. 34 % decrease
A. 24 B. 100
C. No changes D. 56 % increase
c. 82 D. 62 E. 126
E. Cannot be determined
Direction (23-24): study the following
24. In the previous question, the average
carefully and answer accordingly:
estimated monthly expenditure is 21 fasios
In an island of the Maldives, the natives have
per month for the island. Determine the
a peculiar process of determining their
percentage change in the estimated savings
average earnings and expenditures. According
of the 173 families.
to an old tradition, the average monthly
A. 35 % decrease B. 38 % increase
C. 32.3% increase D. No changes costing Rs. 200 per kg in the ratio 5 : 3. If she
E. Cannot be determined sells the blended variety at Rs. 210 per kg,
25. A shopkeeper gave an additional 40% then her gain is?
discount on the reduced price after A. 10% B. 12%
giving 25% standard concession on that C. 11% D. 13%
item, if a person bought that item for E. None of these
Rs.1260, what is the original price of the 29. A cashew nut seller mixes three varieties of
item? nuts costing 50, 20 and 30 per kg in the ratio
A. Rs.2400 B. Rs.2800 2 : 4 : 3 in terms of weight and sells the
C. Rs.3200 D. Rs.2000 mixture at 33 per kg. What percentage of
E. None of these profit does he make?
26. A seller wants to earn 12% profit on an a.8% b.10% c.9% d.11%
item after giving 20% discount to the e. None of these
customer. By what percentage should he 30. A Seller purchased some notes from a
increase his marked price to arrive at the publication worth Rs. 750. Because of some
label price? reasons, he had to sell two-fifth part of the
A. 24% B. 32% book at a loss of 15%. On which gain he
C. 42% D. 16% should sell his rest of the notes, so that he
E. None of these gets neither nor loss?
27. If articles bought at prices ranging from A. 10% B. 9%
Rs. 150 to Rs. 300 are sold at prices C. 12% D. 15%
ranging from Rs. 250 to E. None of these
Rs 350, what is the greatest possible 31. By selling a mobile at 52% discount, a seller
profit that might be made in selling 15 incurs a loss of 8%. The marked price of the
articles? product is 18000 Rs. At what percent discount
A. Rs. 2500 B. Rs. 3000 the seller should sell the mobile so as to have
C. Rs. 3500 D. Rs. 4500 a profit of 33% (approx.)
E. None of Above A. 31% B. 33%
28. Neepa blends two varieties of fruits – C. 34% D. 45%
one costing Rs. 180 per kg and another E. None of these
32. In a certain mall, the profit is 160% of C. 96% D. 90%

the cost. If the cost increases by 12.5% E. None of these
but the selling price remains constant, 35. Wipro is the leading IT company then the
approximately what percentage of the profit earned by same organization is
selling price is the profit? distributed among HR and officers in the ratio
A. 57% B. 55% of 13:7 respectively. If the number of HR is
C. 64% D. 21% 104 and the number of officers is 156 and
E. None of these the amount received by HR is Rs 6000. What
33. The market price of a novel was 50% was the total amount of profit earned (in
more than its cost price. Vadi was going lakhs) ?
to sell it at market price to a customer, A. 9.6 lakhs B. 9lakhs
but he showed vadi some defects in the C. 8.6lakhs D. 9.4lakhs
novel, due to which vadi gave him a E. None of these
discount of 33%.Next day he came again 36. Mani went to purchase a mi mobile handset,
and showed vadi some more defects, the shopkeeper told him to pay 25% tax if he
hence he gave him another discount that asked the bill. Mani manages to get the
was equal to 14.5% of the cost price. discount of 10% on the actual sale price of
What was the approximate profit/loss to the mobile and he paid the shopkeeper
vadi? Rs.3275 without tax. Besides he manages to
A. 14.5% loss B. 14.5% profit avoid to pay 25% tax on the already
C. 14% loss D. 14% profit discounted price, what is the amount of
D. None of these discount that he has gotten?
34. A taxi driver makes a profit of 25% on A. 369.9 B. 324.5
every trip when he carries 4 passengers C. 537.6 D. 379.8
and the price of petrol is Rs. 35 a litre. E. None of these
Find the approximate % profit for the 37. Sasi is a badham merchant in kerala. He has
same journey if he goes for 5 passengers badham in sealed wooden boxes of 15kg
per trip and the price of petrol reduces each. The price of the badham increases by
to Rs. 28 litres? Rs.30 per kg for every year, but at the same
A. 95% B. 95% time, 10% of the badham are eaten by
rodents every year. If the price of a 1 kg stores in attur. Deepika has just sufficient
of fresh badham is Rs.240, what is the amount of Rs 800 to purchase it at Ratna
change in his profits if he sells a sealed stores in salem. What is the amount that
box after one year of storage, rather than deepika has less than required amount to
selling it fresh ?( In Rs.) purchase it at Royal stores in attur?
A. 45 B . 55 A. 20 B . 35
C. 65 D. 75 C. 80 D . 56
E. None of these E. None of these
38. The profit percentage of banu and renu is 41. The ratio of the cost price of product A to
same on selling the articles at Rs 900 each that of B is 5:7. product A was sold at a profit
but banu calculates his profit in the of 80% and product B was sold at a profit of
selling price while renu calculates it 20%. If the total profit earned after selling
correctly on the cost price which is equal both the (products A and B is Rs 296) what is
to 10%. What is the difference in their the difference between the cost prices of
profits? product A and B?
A. 8.18 B. 10.56 A. 235 B. 110
C. 1.25 D. 5.82 C. 560 D. 247
39. P and Q both are dealers of cars. The 42. Femina is the famous magazine in India. In
price of a car is Rs 56,000. P gives a that company there is a profit of Rs 150. If
discount of 10% on whole, while Q gives 2/3 part of n magazine is sold at 60% profit,
a discount of 12% on the first Rs 40,000 1/4 part at 32% profit and remaining part at
and 8% 0n the rest Rs 16000. What is the 24% profit and the find the cost price of the
difference between their selling prices? magazine?
A. 480 B. 450 A. 300 B. 400
C. 510 D. 670 C. 500 D. 600

40. A Barbie doll is available at Ratna stores 43. Rahim is dealer of magnetic components. He
in salem at 20% discount and the same is imports the components from Russia. Rahim
available at only 18% discount at Royal sells a radio valve at profit of 20%. If he
bought it at 20% less and sold it for Rs 5 C.38% D .42%

less than the previous selling price, he E. None of these
would have gained 25%. Find the cost 46. If each of them got the payments on time,
price? what is the approximate percentage profit of
A. 25 B . 55 the person getting the higher profit ?
C. 30 D . 45 A.19% B.21% C.25% D.17% E.20%
E. None of these 47. If Shashi defaults by 1 and 2 weeks in the
44. An intern was paid a stipend of Rs. 1,792 second and third payments respectively, what
for a period of 30 days calculated on would be the profit of Ramu in the sale of the
daily basis. During this period, he was car?
absent for 4 days and was fined Rs. 12 A. Rs. 5920 B. Rs. 6240
per day for absence. He was given full C. Rs. 5860 D. Rs. 5980
amount for only 20 days as he was late E. None of these
for the rest of the days and he got only 48. A car ‘X’ is manufactured in a company ‘A’.
half of the amount on the late days. Had Cost of raw material on a car is 25% of total
the intern come on time every day, not cost and cost of labor is 20% of rest. 30% of
being absent on any day, what stipend he total cost occur due to four engineers working
would have been received? there and remaining cost is due to machines
A. Rs. 2,200 B. Rs. 2,100 and taxes which is in the ratio 7 : 3.
C. Rs. 2,400 D. Rs, 2,500 Company sold the car ‘X’ at 28% profit. If
E. None of these cost of raw material is increased by 30% and
45. In a job fair, 50% of the people are all their 4 engineers leave the company, so
graduates, one fifth of them are post they hire 2 new engineers by giving 50%
graduates and rest is double graduates. If more salary as they give to previous engineer
three-fourth of the graduates, 60% of the each. Find the % change in selling price so
post graduates and half of the double overall profit must remain same?
graduates are unemployed, what A.0% B.100% C.2% D.50% E.3%
percentage of total people is already 49. Two friends Shayam and Kailash own two
employed? versions of a car. Shayam owns the diesel
A.35.5% B .40.5% version of the car, while Kailash owns the
petrol version. Kailash’s car gives an petrol version. Kailash’s car gives an
average that is 20% higher than Shayam’s average that is 20% higher than Shayam’s
(in terms of litres per kilometer). It is (in terms of litres per kilometer). It is
known that petrol costs 60% of its price known that petrol costs 60% of its price
higher than diesel ) The ratio of the cost higher than diesel ) If Shyam’s car gives
per kilometer of Kailash’s car to Shayam’s an average of 20 km per litre and diesel
car is? cost Rs. 12.5 per litre, then the difference
A.3 : 1 B. 1 : 3 in the cost of travel per kilometer
C. 1.92 : 1 D. 2 : 1 between the two cars is ?
E. Cannot be determined A. Rs. 4.3 B. Rs. 3.5
50. Two friends Shayam and Kailash own two C. Rs. 2.5 D. Rs. 3
versions of a car. Shayam owns the diesel E. Rs. 1.25
version of the car, while Kailash owns the
ANSWERS
1. B 2. A 3. C 4. C 5. B
6. D 7. D 8. A 9. B 10.A
11. A 12.B 13.B 14.B 15.B
16.D 17.B 18.A 19.B 20.A
21.E 22.E 23.C 24.B 25.E
26.B 27.C 28.C 29.A 30.A
31.A 32.A 33.A 34.A 35.A
36.A 37.A 38.A 39.A 40.B
41.A 42.A 43.C 44.A 45.A
46. A 47.A 48.A 49.E 50.

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| Quantitative Aptitude | |Profit & Loss | |HARD Level Questions|

C. Rs. 22 D. Rs. 32 11. A fruit-seller buys some oranges and by

Stock Markets when the GBPINR rate was C. 10985 D. 8995

32. In a certain mall, the profit is 160% of C. 96% D. 90%

C. 510 D. 670 C. 500 D. 600

bought it at 20% less and sold it for Rs 5 C.38% D .42%

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