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Aptitude - Profit and Loss

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Overview

Exercise

"Forgiveness is a virtue of the brave."
- Indira Gandhi
1. 

Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:

A.
4 4 %
7
B.
5 5 %
11
C. 10%D. 12%

2. 

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:

A. 15B. 16
C. 18D. 25

3. 

If selling price is doubled, the profit triples. Find the profit percent.

A.
66 2
3
B. 100
C.
105 1
3
D. 120

4. 

In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

A. 30%B. 70%
C. 100%D. 250%

5. 

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

A. 3B. 4
C. 5D. 6




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