# Mathematical Aptitude - Profit and Loss

>>>>>>>>Profit and Loss

• A

33 1/3%  • B

66 2/3%  • C

50%  • D

45%  • Option : B
• Explanation : Let CP = SP = Rs 100.
CP of 100 pencils = Rs 100
CP of 1 pencil = 100/100 = Rs 1
SP of 60 pencils = Rs 100
SP of 1 pencil = `100/60 = Rs 5/3
Profit = 5/3 – 1 = 2/3
Profit percentage = 2/3/1 × 100 = 66 2/3%

• A

Rs 528  • B

Rs 550  • C

Rs 580  • D

Rs 600  • Option : B
• Explanation : SP = 480 + 10% of 480 = Rs 528
Let Marked price = M
Now 96% of M = 528, So M = Rs 550

• A

5%  • B

9%  • C

2.33%  • D

3.4%  • Option : C
• Explanation : The ratio of production between women and men is 60:40.
The profit on men’s garments = 9% of Rs 40 = Rs 3.6
To make profit of 5%, contribution of women’s garments = 5 – 3.6 = Rs 1.4
Profit percentage on women = 1.4/60 × 100 = 2.33%

• A

More price of Rs 20  • B

Less price of Rs 20  • C

More price of Rs 80  • D

No extra profit  • Option : A
• Explanation : Old sales price = 500 + 40% of 500 = Rs 700
New marked sales price = 500 + 80% of 500 = Rs 900
Discounted price = 900 – 20% of 900 = Rs 720
Thus new price is higher by Rs 20

• A

Rs 60 and Rs 80  • B

Rs 60 and Rs 75  • C

Rs 75 and Rs 60  • D

Rs 50 and Rs 60  • Option : A
• Explanation : 20% reduction on Rs 600 means benefit of RS 120 to a customer. That enables customer to buy 2 kg extra article.
Thus reduced selling price of 2 Kg = Rs 120 and of one Kg = 120/2 = Rs 60
If a value reduces by 20%, it means it should be increased by 25% to reach at original value again.
Thus original price = 60 + 25% of 60 = Rs 75
Related Quiz.
Profit and Loss