Percent - Profit and Loss - Partnership

1. If 40% of k is 40 more than 40% of 40, then k is equal to

A. 58  

B. 52  

C. 56  

D. 140 

 
Correct Answer : D
2. Two candidates contested in an election. The candidate who got 55% of the votes won by a majority of 488. Find the total number of votes polled if no vote is invalid.

A. 4888  

B. 4980  

C. 4890  

D. 4880 

 
Correct Answer : D
3. If two positive numbers are in the ratio 1/8 : 1/5, then by what percentage is the second number more than the first?

A. 40 %  

B. 33.33 %  

C. 60 %  

D. 66.66 % 

 
Correct Answer : C
4. If P is 25% more than Q, then Q gets less than P by

A. 33.33 %  

B. 30 %  

C. 20 %  

D. 16.66 % 

 
Correct Answer : C
5. The ratio of three positive quantities X, Y and Z is (1/2) : (1/3) : (1/4). By what percentage is (X + Z) more than Y?

A. 75  

B. 100  

C. 125  

D. 50 

 
Correct Answer : C
6. There is a 30% increase in the price of an article in the first year, a 20% decrease in the second year and a 10% increase in the next year. If the present price of the article is Rs. 2288, then what was the price of the article 3 years ago?

A. 1500  

B. 1800  

C. 2000  

D. 2400 

 
Correct Answer : C
7. P, Q, R and S are positive values satisfying 10% of P = 12% of Q = 20% of R = 5% of S. Find the least

A. S/2  

B. Q/3  

C. R/6  

D. P 

 
Correct Answer : C
8. Anil spends 40% of his income on rent, 30% of the remaining for health, 20% of the remaining for education. If he saves Rs. 840 every month, find his monthly salary.

A. 1800  

B. 2000  

C. 2200  

D. 2500 

 
Correct Answer : D
9. The population of a town increases by 5% per year. If the present population is 5,200, then what will be the population of the town after two years?

A. 5460  

B. 5733  

C. 5840  

D. 5230 

 
Correct Answer : B
10. Mohan's salary was first increased by 20%, then decreased by 20%. If his present salary is 7200, then what was his original salary?

A. 8000  

B. 7500  

C. 7400  

D. 7200 

 
Correct Answer : B
11. If the length of a rectangle increases by 20% and the breadth decreases by 10%, then the percentage change in its area will be

A. 8% increase  

B. 8% decrease  

C. 12% increase  

D. 12% decrease 

 
Correct Answer : A
12. If the side of a square is increased by 18%, then what will be the percentage change in its perimeter? (in percent)

A. 0.2  

B. 0.22  

C. 0.24  

D. 0.18 

 
Correct Answer : D
13. 3/20 is what percent of 12/25 ?

A. 0.4275  

B. 0.3125  

C. 0.355  

D. 0.405 

 
Correct Answer : B
14. If A is 30% more than B and B is 20% less than C, then A is % more/less than Q.

A. 4% less  

B. 6% more  

C. 4% more  

D. 6% less 

 
Correct Answer : C
15. If an article is sold at 19% profit instead of 12% profit, then the profit would be 105 more. What is the cost price?

A. 1505  

B. 1500  

C. 1560  

D. 1490 

 
Correct Answer : B
16. 40% of Ram’s marks is equal to 20% Of Rahim’s marks which is equal to 30% of Robert’s marks. If Robert scores 80, then find the average marks of Ram and Rahim.

A. 60  

B. 70  

C. 80  

D. 90 

 
Correct Answer : D
17. If A is 20% more than B, then B is how much percent less than A?

A. 0.2  

B. 0.1666  

C. 0.1866  

D. 0.2066 

 
Correct Answer : B
18. By selling an item at 7/10lh of the actual selling price, a trader makes a profit of 40%. If he sells the product at the actual selling price, then what will be the profit percentage?

A. 0.3  

B. 0.45  

C. 0.5  

D. None of these 

 
Correct Answer : D
19. A merchant claims to sell goods at his cost price. But by using false weights, he gives only 600 gm of goods for every 1 kg that he buys. What is his profit percentage?

A. 0.4  

B. 1  

C. 0.6  

D. 0.6666 

 
Correct Answer : D
20. A shopkeeper marked a shirt at 400. He sold it after allowing a discount and still made at a profit of 25%. At what percentage above its cost price did he mark the shirt, if he sold it for 320?

A. 0.5  

B. 0.6666  

C. 0.625  

D. 0.5625 

 
Correct Answer : D
21. P, Q and R invested in a business. P invested 1/4<sup>th</sup> Â of the capital for 1/4<sup>th</sup>Â of the time and Q invested 1/9<sup>th</sup> th of the capital for 1/9<sup>th</sup> of the time. R invest

A. 360  

B. 450  

C. 480  

D. 540 

 
Correct Answer : C
22. An article was sold at a profit of 20%. If both the cost price and.selling price are decreased by Rs. 3000, then the profit would be 25%. Find the original cost price.

A. 15000  

B. 30000  

C. 45000  

D. 60000 

 
Correct Answer : A
23. A person gets 3000 if he sells either article A at 10% profit and article B at 20% loss or article A at 10% loss and article B at 20% profit. The cost of A is

A. 1000  

B. 2000  

C. 1500  

D. 1250 

 
Correct Answer : B
24. Arun sold two napkins at the same price. He earned 10% profit on one napkin and suffered 10% loss on the other. What was his overall profit/loss percentage?

A. No profit no loss  

B. 1% profit  

C. 1% loss  

D. None of these 

 
Correct Answer : C
25. If a book is sold at 20% more than its usual selling price, an extra profit of 120 would be made on it. Find its usual selling price.

A. 500  

B. 600  

C. 750  

D. 800 

 
Correct Answer : B
26. X and Y started a business with capitals 720000 and 725000. After few months Z joined them with a capital of 730000. If the share of Z in the annual profit of 750000 is 714000, then after how many months from the beginning didZ join?

A. 7  

B. 6  

C. 5  

D. 4 

 
Correct Answer : C
27. Ravi marked a walkman at 60% above the cost price. If he had decreased his discount from 20% to 10%, he would have earned Rs. 80 more. Find the cost price.

A. 640  

B. 600  

C. 500  

D. 800 

 
Correct Answer : C
28. A vendor bought 30 dozen bananas at 716 per dozen. He sold 10 dozens at 720 per dozen and 16 dozens at 725 per dozen. The remaining 4 dozens were rotten and he threw them away. Find his profit percentage.

A. 0.2  

B. 0.25  

C. 0.3  

D. 0.3333 

 
Correct Answer : B
29. Francis sold his pen at a profit of 75. He calculated his profit percentage on his selling price and found it to be 50%. Find actual his profit percentage.

A. 1  

B. 1.5  

C. 2  

D. 2.5 

 
Correct Answer : A
30. A watch is sold at a profit of 7500. If a DVD player, whose cost price is thrice that of the watch is sold for 75400, a profit of 20% is made. Find the profit percentage made on selling the watch

A. 0.25  

B. 0.5  

C. 0.2  

D. 0.3333 

 
Correct Answer : D
31. The loss incurred by selling 16 m of a cloth equals the selling price of 4 m of that cloth. Find the loss percentage.

A. 0.15  

B. 0.2  

C. 0.3333  

D. 0.25 

 
Correct Answer : B
32. The loss incurred by selling 20 m of a cloth equals the cost price of 5 m of that cloth. Rnd the loss percentage.

A. 0.3333  

B. 0.25  

C. 0.2  

D. 0.4 

 
Correct Answer : B
33. A, B and C started a business with capitals of 8000, 10000 and 12000 respectively. At the end of the year, the profit share of B is 1500. The difference between the profit shares of A and C is

A. 300  

B. 400  

C. 500  

D. 600 

 
Correct Answer : D
34. Anwar and Bhaskar started a business with investments of 15000 and 24000. At the end of 4 months from the start of the business, both withdrew one-third of their respective capital. Find the ratio of their profits in the total profit at the end of one yea

A. 0.0430555556  

B. 0.1277777778  

C. 0.1701388889  

D. 0.2138888889 

 
Correct Answer : D
35. A trader sold a pair of trousers at 44% profit after announcing two successive discounts of 10% and 20%. At what percentage did he mark the pair of trousers above the cost price?

A. 0.6  

B. 1  

C. 1.8  

D. 1.75 

 
Correct Answer : B
36. Ratan purchased a gold coin and sold it to Kesav at 10% profit. After few days he sold it back to Ratan at the purchase price of Ratan. Keshav incurred a loss of

A. 0.09  

B. 0.11  

C. 9(1/11)%  

D. 11(1/9)% 

 
Correct Answer : C
37. A, B and C invested a total capital of 60 lakhs in a business. B invested 10 lakhs more than A and 5 lakhs more than C. What is the share of C out of a total profit of 18 lakhs ?

A. 6  

B. 12  

C. 7.5  

D. 4.5 

 
Correct Answer : A
38. Ram and Shyam started a business jointly. Ram’s investment was thrice that of Shyams and period of his investment was half that of Shyam’s. If Ram receives 19200 as profit then their total profit is

A. 28000  

B. 18800  

C. 32000  

D. 38000 

 
Correct Answer : C
39. A trader would incur a loss of 15%, if he sells pens at 10.20 per pen. If 12.5% profit is to be earned after allowing 10% discount on the marked price then find the marked price.

A. 13.5  

B. 15  

C. 17.2  

D. 12 

 
Correct Answer : B
40. A trader purchased an article with 20% discount on the marked price from a distributor. What percent of discount on the marked price should the trader allow to gain 20%?

A. 0  

B. 0.04  

C. 0.06  

D. 0.08 

 
Correct Answer : B

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