Aptitude Test: Profit and Loss
No. of Questions: 10
Time Duration: 10 min
1.
A shoe store sells an item for ₹4140 at a loss of 8%, what is the Cost Price?
2.
Lisa drives 5 days a week. She earns $60/hour and works 6 hours per day. She incurs $100 in fixed costs + $0.40 per mile. She drives 400 miles/week. What is her net weekly income?
3.
A and B invest ₹10,000 and ₹15,000 respectively. After 6 months, C joins with ₹20,000. If the profit after 1 year is ₹18,000, what is B's share?
4.
An Amazon vendor purchases bags at a 40% discount and then sells them in the retail market at a 20% discount on MRP. If the original cost of each bag is ₹10,000 and the vendor incurs monthly shop expenses of ₹20,000, how many bags must the vendor sell each month to reach the break-even point?
5.
A share at $200 loses $1.5 per week for 12 weeks. What percentage of the value is lost?
6.
Store A offers successive discounts of 10% + 10% on a pair of jeans, whereas Store B offers a flat 20% discount on the same item. From which store would you make the purchase to maximize your savings?
7.
A startup has monthly costs: C = 10000 + 1500*e + 4*o, where e is number of employees and o is total orders. With 3 employees and 1500 orders in a month, what is the cost?
8.
An item is sold to a customer at ₹9000, incurring a 10% loss. If the shopkeeper bought it at a 25% profit from a wholesaler, what was the manufacturer's cost price?
9.
Cost of an automobile part increases by ₹120 and Selling Price increases by 12%. As a result, Profit drops from 25% to 18%. Find new Cost price of the part?
10.
Alex bought a house for 1.8 Crore and sold it for 2.4 Crore. Tax is applicable as 15% of the profit. What is tax amount?
