Profit and Loss Exercise 3

Profit, Loss and Discount 3

  • This online quiz will test your knowledge of Profit, Loss and Discount in Quantitative Aptitude.
  • This Online Test is useful for academic and competitive exams.
  • Multiple answer choices are given for each question in this test. You have to choose the best option.
  • After completing the test, you can see your result.
  • There is no negative marking for wrong answers.
  • There is no specified time to complete this test.

Deepa bought a calculator at 30% discount on the listed price. Had she not got the discount, she would have paid ₹82.50 extra. At what price did she buy the calculator?

Mohan bought a watch with 25% discount on the selling price. If the watch cost her ₹1,545, what is the original selling price of the watch?

Vinita bought a watch with 24% discount on the selling price. If the watch cost her ₹779, what is the original selling price of the watch?

In a sale, a perfume is available at a discount of 15% on the selling price. If the perfume’s discounted selling price is ₹3675.4, what was the original selling price of the perfume?

A discount of 16% on the marked price of a book enables a man to buy a pen which costs ₹80. How much did he pay for the book?

A shopkeeper fixes the marked price of an item 20% above the cost price. He allows his customers a discount and makes a profit of 8%. Find the rate of discount.

A chair originally costs ₹50. It was offered for sale at 108% of its cost. After a week, the price was 10% discounted and was sold. Find the sale price.

A shopkeeper purchased a table marked at ₹200 at successive discount of 10% and 15% respectively. He spent ₹7 on transportation and sold the table for ₹200. Find his gain %?

A shopkeeper bought 150 calculators at the rate of ₹250 per calculator. He spent ₹2500 on transportation and packing. If the marked price of calculator is ₹320 per calculator and the shopkeeper gives a discount of 5% on the marked price then what will be the percentage profit gained by the shopkeeper?

The list price of a watch is ₹160. A retailer bought the same watch ₹122.40. He got two successive discounts one at 10% and the other at a rate which was not legible. What is the second discount rate?

A video magazine distributor made 3500 copies of the March issue of the magazine at a cost of ₹3,50,000. He gave 500 cassettes free to some key video libraries. He also allowed a 25% discount on the market price of the cassettes and gave one extra cassette free with every 29 cassettes bought at a time. In this manner, he was able to sell all the 3500 cassettes that were produced. If the market price of a cassette was ₹150, then what is his gain or loss percent for the March issue of the video magazine?

A shopkeeper marks up his goods to gain 35%. But he allows 10% discount for cash payment. His profit on the cash transaction therefore, in percentage, is

A tradesman is marketing his goods 20% above the cost price of the goods. He gives 10% discount on cash payment, find his gain percent.

For a certain article, if discount is 25%, the profit is 25%. If the discount is 10%, then the profit is

A trader marks his goods at such a price that he can deduct 15% for cash and yet make 20% profit. Find the marked price of an item which costs him ₹90 :

By selling an umbrella for ₹30, a merchant gains 20%. During a clearance sale, the merchant allows a discount of 10% off the marked price (the price at which he used to sell). Find his gain per cent.

By what % must the cost of goods be marked up so that even after a discount of 20% the same amount is realised as before the discount?

Goods are sold so that when a discount of 4 percent is given on the sale price, a profit of 20 percent is made. How much percent, is the sale price higher than the cost price?

A private telephone company serving a small community makes a profit of ₹12 per subscriber, if it has 725 subscribers. It decides to reduce the rate by a fixed sum for each subscriber over 725, thereby reducing the profit by 1 paise per subscriber. Thus, there will be profit of ₹11.99 on each of the 726 subscribers, ₹11.98 on each of the 727 subscribers etc. The number of subscribers which will give the company, the maximum profit, is:

An uneducated retailer marks all his goods at 50% above the cost price and thinking that he will still make 25% profit, offers a discount of 25% on the marked price. What is his actual profit on the sales?

Now check your Result..

Your score is

Share This Page!

Facebook
0%

Maths Formulas, Tricks and Online Test»
GK/GS
Reasoning
English
Computer