Breaking News
Home / CoCubes / Cocubes Quants Profit and Loss Questions And Answers

# Cocubes Quants Profit and Loss Questions And Answers

## Cocubes Quants Profit and Loss Questions And Answers loss and profit crossword puzzle

1)The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent?

A)101/9 %
B)100/9 %
C)102/9 %
D)103/9 %

Correct Answer : B

Explanation:

Let Cost Price be x and selling price be y Then given that cost price of 10 articles is equal to the selling price of 9 articles That means 10x=9y Y= 10x/9 Profit percent = (( selling price – cost price )/cost price ) * 100 = 100/9 %

2) A sum of Rs 468.75 was lent out at simple interest and at the end of 1 year and 8 months, the total amount of Rs 500 is received. find the rate of interest?

A)2%
B)4%
C)1%
D)3%

Correct Answer : B

3) To earn an extra profit, a shopkeeper mixes 30 kg of dal purchased at Rs.36/kg and 26 kg of dal purchased at Rs.20/kg.What will be the profit that he will make if he sells the mixture at Rs.30/kg?

A)Rs.60
B)Rs.80
C)Rs.50
D)Rs.100

Correct Answer : B

4) At what rate percent CI does a sum of money become nine fold in 2 years?

A)100% p.a
B)300% p.a
C)400% p.a
D)200% p.a

Correct Answer : D

5)The retail price of a toothpaste of 140 grams is Rs 40, the shopkeeper gives a toothbrush whose actual price is Rs 10, free with it and still gains 25%. The cost price of the toothpaste is :

A)Rs.36
B)Rs.24
C)Rs. 30
D)None of the mentioned options.

Correct Answer : B

Explanation:

Selling price = 40 – 10 = 30 Rupees. Let cost price =x; Selling price = cost price + profit on cost price 30 = x + 25% of x; X= 24

6)Atul sold two mobiles for Rs.9900 each. At one mobile, he gained 10% and on other, he lost 10%. Find his gain or loss in a transaction?

A)Loss 1%
B)Neither loss Nor gain
C)Gain 1%
D)None of the mentioned options

Correct Answer : A

7)A Shopkeeper allows a discount of 20% on the marked price but charges 5% sales tax on the marked price and 5% service tax on the discounted price. If the customer pays Rs. 2670 as price including tax, then what is marked price of the item?

A)3245
B)3000
C)3200
D)3500

Correct Answer : B

Explanation:

x be the marked price x – 20% of x + 5% of sales tax + 5% of (x – 20% of x) = 2670 x=3000

8)Ashif sold an article for Rs 315 at a profit of 5%. What would have been the loss incurred by him it was sold for Rs. 275?

A)7.625%
B)4.5 %
C)5.625%
D)6.25%

Correct Answer : C

9)If the selling price of an article is (2/3)rd of its cost price, then find the profit/loss percent.

A)20% profit
B)33% profit
C)33% loss
D)20% loss

Correct Answer : C

Explanation:

33% loss Let’s say cost price is x Then selling price = (2/3)* x Profit or loss % =( ( selling price – cost price )/ Cost price ) * 100 = 33% loss

10)To earn an extra profit, a shopkeeper mixes 30 kg of dal purchased at Rs.36/kg and 26 kg of dal purchased at Rs.20/kg.What will be the profit that he will make if he sells the mixture at Rs.30/kg?

A)Rs.60
B)Rs.80
C)Rs.50
D)Rs.100

Correct Answer : B

## CoCubes Visual Reasoning Question and Answers

CoCubes Visual Reasoning Question and Answers 1 ) Select the alternative in which the specified …