*Hello and welcome to ***exampundit** . Here is a set of Quantitative Aptitude Quiz based on moderate level of Profit & Loss Problems

**1. If one loss 12% by selling oranges at 14 for a rupee, how many oranges for a rupee should one sell to**

**gain 12%?**

(A) 14

(B) 11

(C) 10

(D) 12

(E) None of these

**2. A dealer makes his goods 30% above cost price, but makes a reduction of 6 Â¼ % on the marked price**

**for ready money. Find his gain per cent.**

(A) 21 1/2%

(B) 22%

(C) 23 3/4%

(D) 26 1/7%

(E) None of these

**3. A tradesman by means of a false balance defrauds to the extent of 10% in buying goods and also**

**defrauds 10% in selling. What per cent does he gain on his outlay by his dishonesty ?**

(A) 10%

(B) 11%

(C) 20%

(D) 21%

(E) None of these

**4. Mohan sells two horses for Rs. 1955 each. On one of them he gains 15% and on the other he losses**

**15%. Find his total gain or loss.**

(A) gain of Rs. 90

(B) loss of Rs. 90

(C) No loss no profit

(D) Profit of Rs. 150

(E) None of these

**5. A grocer mixes 26 kg. of tea which costs him Rs. 2Â·00 a kg. with 30 kg. of tea which costs Rs. 3Â·60 a kg.**

**and sells the mixture at Rs. 3 a kg. What is his total percentage of gain ?**

(A) 8%

(B) 5%

(C) 10%

(D) No profit no loss

(E) None of these

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**6. A shopkeeper estimates his profit at 22 Â½ % of the cost price. If his sale in one week were of Rs. 392,**

**how much of this was his profit ?**

(A) 72

(B) 70

(C) 18Â·2

(D) 88Â·2

(E) None of these

**7. A house was sold for Rs. 12,600 at a profit of 5% on the cost price. What per cent would have been**

**gained if it had been sold for Rs. 13,000 ?**

(A) 20%

(B) 9%

(C) 10%

(D) 8 1/3%

(E) None of these

**8. A farmer bought a cow for a certain sum and sold it at a loss of 15% of the cost price. If he received**

**Rs. 90 more he would have gained7 Â½% on the cost price. How much did the cow cost him ?**

(A) Rs. 440

(B) 400

(C) Rs. 1,200

(D) 600

(E) None of these

**9. One type writer marked for sale at Rs. 480. Dealer allows discount of 10% and yet makes profit of 8%.**

**What should his gain be if no discount were allowed ?**

(A) Rs. 80

(B) Rs. 38Â·4

(C) Rs. 20

(D) Rs. 48

(E) None of these

**10. A draper buys 100 shawls for Rs. 2,450. He sells 76 of them at Rs. 35 each, and the rest at half of that**

**price. How much does he gain ? What is his gain per cent on the cost price ?**

(A) Rs. 630, 25 5/7%

(B) Rs. 50, 26 26/49%

(C) Rs. 730, 29 39/49%

(D) Rs. 832, 29 1/4%

(E) None of these

We expect you to solve & discuss these with each other! ðŸ™‚

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**Team ExamPundit**

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