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  • Assignment 3 111

    Uploaded by

    Dave Pooja Dilipkumar
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    1) The document provides a set of 12 multiple choice questions related to profit and loss calculations. 2) The questions cover topics such as calculating cost price given profit percentage, calculating profit percentage given selling price, and calculating net profit or loss on multiple transactions. 3) An answer key is provided with the correct answer for each of the 12 questions.

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    1) The document provides a set of 12 multiple choice questions related to profit and loss calculations. 2) The questions cover topics such as calculating cost price given profit percentage, calculating profit percentage given selling price, and calculating net profit or loss on multiple transactions. 3) An answer key is provided with the correct answer for each of the 12 questions.

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    © All Rights Reserved
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    10 views1 page

    Assignment 3 111

    Uploaded by

    Dave Pooja Dilipkumar
    1) The document provides a set of 12 multiple choice questions related to profit and loss calculations. 2) The questions cover topics such as calculating cost price given profit percentage, calculating profit percentage given selling price, and calculating net profit or loss on multiple transactions. 3) An answer key is provided with the correct answer for each of the 12 questions.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Assignment - 3

    SUBJECT: APTITUDE
    BRANCH: EC/EE/IN/CS/ME/CE

    Topics: PROFIT AND LOSS


    ---------------------------------------------------------------------------------------------------------
    Q1) A cellular phone when sold for 4600 fetches a
    profit of 15%. Find the cost price of the cellular Q.9) a dealer sold two TV sets for 2400 each, gaining
    phone. 20 % on one and losing 20 % on the other set. Find
    a) 4300 b) 4150 his net gain or net loss.
    c) 4000 d) 4500 a) 300 loss b) 200 loss
    c) 200 gain d) 300 gain
    Q.2) a shopkeeper sold goods for 2400 and made a
    profit of 25%. Find his profit percent if he had sold Q.10) dev bought 100 kg of rice for 1100 and sold it at a
    his goods for 2040. loss of as much money as he received for 20 kg
    a) 6.25% b) 7% rice. At what price did he sell the rice?
    c) 6.20 % d) 6.5% a) 9 per kg b) 9.1666 per kg
    c) 9.5 per kg d) 10.33 per kg
    Q.3) a shopkeeper marks the price of an article at 80.
    Find the cost price if after allowing a discount of Q.11) a whole seller allows a discount of 20% on the list
    10% he still gains 20% on the cost price. price to retailer. The retailer sells a t 5% discount
    a) 53.33 b) 70 on the list price. If the customer paid 38 for an
    c) 75 d) 60 article, what profit is made by the retailer?
    a) 10 b) 8
    Q.4) a man sells a plot of land at 6% profit. If it had sold c) 6 d) 12
    it at 10% profit, he would have received 200
    more. What is the selling price of the land? Q.12) find a single discount equivalent to the discount
    a) 5000 b) 5300 series of 20%, 10%, 5%.
    c) 4800 d) 5500 a) 30% b) 31.6%
    c) 68.4% d) 35%
    Q.5) A man buys two cycles for a total cost of 900. By
    selling one for 4/5 of its cost and other for 5/4 of
    its cost, he makes a profit of 90 on the whole
    transaction. Find the cost price of lower priced Answer key : FOR APTITUDE ASSIGNMENT # 3
    cycle.
    a) 360 b) 250 1 2 3 4 5 6 7 8 9 10
    c) 300 d) 420 C B C B C A C D D A
    11 12
    Q.6) a trader purchases apples at 60 per hundred. He A B
    spends 155 on the transportation. What should be
    the selling price per 100 to earn a profit of 20%?
    a) 72 b) 81.8 For detailed explanation :
    c) 82.8 d) 83.8 1. Log on to www.icegateinstitute.com
    2. Enter Student Login
    Q.7) if cost price of 30 articles is equal to the selling 3. Click on E-Books
    price of 20 articles, find the profit percent.
    a) 33.33% b) 40%
    c) 50% d) 60%

    Q.8) a dishonest shopkeeper, at the time of selling and


    purchasing weighs 10% less and 20% more per
    kilogram respectively. Find the percentage profit
    earned by shopkeeper. (assuming he sells at cost
    price)
    a) 30% b) 20%
    c) 25% d) 33.33%
    www.icegateinstitute.com

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