# Profit and Loss – Quiz 6

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# Profit and Loss – Quiz 6

### Introduction

Profit and Loss is one of important topic in Quantitative Aptitude Section. In Profit and Loss – Quiz 6 article candidates can find questions with answer. By solving this questions candidates can improve and maintain, speed, and accuracy in the exams. Profit and Loss – Quiz 6 questions are very useful for different exams such as IBPS PO, Clerk, SSC CGL, SBI PO, NIACL Assistant, NICL AO, IBPS SO, RRB, Railways, Civil Services etc.

### Q1

If a man lost 4% by selling oranges at the rate of 12 a rupee at how many a rupee must he sell them to gain 44%?
A. 7 B. 8 C. 9 D. 10

B
96% ---- 12
144% ---- ?
$\frac {96}{144}\times 12 = 8$

### Q2

By selling 150 mangoes, a fruit-seller gains the selling price of 30 mangoes. Find the gain percent?
A. 20% B. 25% C. 18% D. 30%

B
SP = CP + g
150 SP = 150 CP + 30 SP
120 SP = 150 CP
120 --- 30 CP
100 --- ? $\Rightarrow$ 25%

### Q3

Ram sold two bicycles, each for Rs.990. If he made 10% profit on the first and 10% loss on the second, what is the total cost of both bicycles?
A. Rs. 2000 B. Rs. 1891 C. Rs. 1980 D. Rs. 1750

A
$\frac {10 \times 10}{100}$ = 1%loss
100 --- 99
? --- 1980 $\Rightarrow$ Rs.2000

### Q4

A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?
A. 20% B. 44% C. 45% D. 48%

B
g% = 20 + 20 + $\frac {20 \times 20}{100}$
= 44%

### Q5

A dishonest dealer professes to sell goods at the cost price but uses a weight of 800 grams per kg, what is his percent?
A. 20% B. 25% C. 30% D. 15%

B
800 --- 200
100 --- ? $\rightarrow$ 25%