Quantitative Aptitude - Profit and Loss - Formula & Concept Quiz

Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?

• 1]

  3.5

• 2]

  4.5

• 3]

  5.6

• 4]

  6.5

A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?

• 1]

  Rs. 18.20

• 2]

  Rs. 70

• 3]

  Rs. 72

• 4]

  Rs. 88.25

100 oranges are bought at the rate of Rs.350 and sold at the rate of Rs.48 per dozen. The percentage of profit or loss is:

• 1]

  14 * 2/7 % gain

• 2]

  15% gain

• 3]

  14 * 2/7 % loss

• 4]

  15% loss

Jacob bought a scooter for a certain sum of money. He spent 10% of the cost on repairs and sold the scooter for a profit of Rs. 1100. How much did he spend on repairs if he made a profit of 20 %?

• 1]

  Rs. 400

• 2]

  Rs. 440

• 3]

  Rs. 500

• 4]

  Rs. 550

If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is : 

• 1]

  25%

• 2]

  33*1/3 %

• 3]

  50%

• 4]

  66*2/3 %