Profit And Loss – Aptitude MCQ Questions – 11 Posted on July 7, 2020 by admin Question 1On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is: A. Rs. 45 B. Rs. 50 C. Rs. 55 D. Rs. 60 Question 2Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is: A. 30% B. 33*1/3 C. 35% D. 44% Question 3The cost price of an article is Rs. 7840. What should be the selling price of the article so that there is a profit of 7% ? A. Rs. 8000 B. Rs. 8300 C. Rs. 8388.80 D. Rs. 8500.50 Question 4100 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: A. 14*2/7 % gain B. 15% gain C. 14*2/7 % loss D. 15% loss Question 5A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. His total gain or loss percent is: A. 5*15/17 % loss B. 5*15/17 % gain C. 6*2/3 % gain D. None of these Question 6When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%? A. Rs. 21,000 B. Rs. 22,500 C. Rs. 25,300 D. Rs. 25,800 Question 7A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is: A. No profit, no loss B. 5% C. 8% D. 10% Question 8If selling price of an article is $$\frac{8}{5}$$ times of its cost price, the profit percent on it is = ? A. 120% B. 160% C. 40% D. 60% Question 9If the cost price of 12 oranges is equal to selling price of 10 oranges, then the percentage of profit is = ? A. $$16\frac{2}{3}$$% B. 20% C. 18% D. 25% Question 10The ratio of the cost price and selling price is 5 : 4, the loss percent is = ? A. 20% B. 25% C. 40% D. 50%