QUANT QUIZ ( PROFIT AND LOSS)

1.     A man buys an article for 10% less than its
value and sells it for 10% more than its value. His gain or loss percent is :
(1) 20 % profit                               (1)
15 % profit
(3)more than 20 % profit               (4)
less than 20 % profit

2.    A sells an article which costs him Rs.
400 to B at a profit of 20%. B then sells it to C, making a profit of 10% on
the price he paid to A. How much does C pay B?
(1) Rs. 450                                    (2) Rs 500
(3) Rs. 528                                    (4) Rs. 555

3.    A fruitseller sells mangoes at the
rate of Rs. 9 per kg and thereby loses 20%. At what price per kg, he should
have sold them to make a profit of 5%?
(1) Rs.11.81                                  (2)
Rs. 13
(3) Rs. 10                                      (4)
Rs. 12.81


4.    If on selling 12 notebooks, a seller
makes a profit equal to the selling price of 4 notebooks, what is his percent
profit?
(1) 50 %                                        (2)
45 %
(3) 35                                             (4) 36 %

5.    On an order of 5 dozen boxes of a
consumer product, a retainer receives an extra dozen free. This is equivalent
to allowing him a discount of :
(1)  
50/3 %                                   (2) 25 %
(3) 18 
%                                       (4) 20 %


6.    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 % gains                        (2) 14 2/7% loss
(3) 15 % gains                               (4)15
% loss


7.    A man sells two flats at the rate of
Rs. 1.995 lakhs each. On one he gains 5% and on the other, he loses 5%. His
gain or loss percent in the whole transaction is :
(1) 0.25 % loss                              (2) 0.25 % gains
(3) 2.5 % loss                                (4)
3.5 % gains


8.    The profit earned by selling an
article for Rs. 900 is double the loss incurred when the same article is sold
for Rs. 450. At what price should the article be sold to make 25% profit?
(1) Rs. 750                                    (2) Rs.700
(3) Rs. 900                                    (4)  Rs. 600

9.    A dishonest dealer uses a scale of 90
cm instead of a metre scale and claims to sell at cost price. His Profit is :
(1) 9 %                                          (2)10
%
(3) 11 %                                        (4)
None of these


10.  A man gains 20% by selling an article
for a certain price. If he sells it at double the price, the percentage of
profit will be :
(1) 40 %                                        (2) 140 %
(3) 80 %                                        (4) 150 %

ANSWERS:
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3
2
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3
1
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9
4
10
2