Quantitative Aptitude Percentage, Profit & Loss
Test - 2
1. A, B and C have certain number of mangoes with them. B has A. 75% B. 60% C. 50% D. 82.5%
10% less mangoes than A and C has 20% less than A. By what
percentage is the number of mangoes with B more than those 11. A jewelry shop owner conducts his business in the following
with C? manner. Every once in a while, he raises his prices by a certain
percentage and a while later he reduces his prices by the same
2. Rakesh got 273 marks in an examination and secured 5% more percentage After one such up down cycle of increasing and then
than the pass marks in the examination. If Rakesh got 312 marks, decreasing his price by x%, the price of a jewel decreases by
then by what percentage was the score of Rakesh above the pass ₹100. In the next cycle, he increases and then decreases his price
marks in the examination? by (x/2)% and then sells the jewel for ₹2376. What is the initial
A. 20% B. 25% C. 40% D. 50% price of the jewel (in ₹)?
A. 2450 B. 2475 C. 2500 D. 2575
3. Shyam spends 60% of his annual salary and saves the remaining
amount. His salary increased by 25% this year and he increased 12. The population of a village is 7500. 42% of the population are
his spending by 20%. By what percentage did his savings females and the rest males. The total number of literate persons
increase? in the village is 2370 while there are 90 more male illiterates
compared to female illiterates. What is the percentage of literate
4. On Tuesday, Arjun bought the same number of apples and males out of the total number of males in the village?
oranges as he had bought on Monday but spent on Tuesday ₹210
more due to increase in the price of an orange by 10% and that of 13. In the U.S. opinion polls, 30% favoured candidate R and the rest
an apple by 25%. If he had spent ₹600 on apples on Monday, favoured S. Following a debate between the two groups, 20% of
find the amount he had spent in buying oranges on Tuesday. (in the supporters of each shifted their loyalty to the other. Find the
₹) percentage of the total electorate which must shift from S to R so
that both have equal number of supporters.
5. Three raw-materials P. Q and R are used to manufacture a
product S. P contributes 20% to the total cost of S while Q and R 14. A school had raised 60% of the amount it needed for a new
contribute 10% each to the total cost of S. If the costs of P, Q and building by receiving an average donation of ₹300 from the
R are 20% higher and S's total cost was 10% higher, the people it had already solicited. The people already solicited
percentage contribution of the raw materials to the total cost of S represent 80% of the people the school intends to ask for
becomes donations. The school wants to raise the exact amount it needs
A. 16 % B. 43 % C. 22 % D. None of these for the new building. Find the average donation it should receive
from the remaining people to be solicited (in ₹).
A. 600 B. 700 C. 800 D. 500
6. The price of sugar decreased by 20% and then increased by 50%.
By what percentage should a housewife now increase/decrease
15. The Indian cricket team played 25 one-day matches in a
her consumption so that the expenditure on sugar remains the
particular season of an year and won 40% of their matches. A
same?
new coach was then brought in, who wanted a success rate of
A. 30% decrease B. 16 % decrease 75% of the matches played by the end of the year. What is the
C. 64 % decrease D. 6 % increase minimum number of additional matches that should be played to
achieve that target?
7. The price of an item went up by 25% and a family decided to
reduce its consumption so that the total expenditure would 16. A salesman used to get 8% on the total sales as commission.
increase by only 8%. If 25 kg of the item was consumed Under a new policy he now gets a fixed amount of ₹2000 and 5%
previously, then how many kg of the item should be consumed commission on any amount of sales in excess of ₹10000. The
now? salesman thus got ₹540 more this month. What were his total
sales for this month?
8. The price of P is 19% less than that of Q. The price of P A. ₹20000 B. ₹26000 C. ₹32000 D. ₹35000
increases by x% every month while the price of Q decreases by
y% every month. If x = 5, what is the least value of y such that 17. I had enough money to purchase either 40 apples or 50 oranges. I
after two months the price of P will not be less than the price of decided to spend only 80% of the money and purchased 20
Q? oranges and some apples. How many apples did I purchase?
A. 5.5 B. 6 C. 5 D. 4.5
18. In any given month, a salesman earns a commission of a% on the
9. Bablu ordered two types of chocolates – Bar-milk and Bar- first ₹1000 worth of his sales. He earns b% on all further sales
Choco. Each piece of Bar-Milk costs 40% more than each piece during that month. He made a commission of ₹900 from the sales
of Bar-Choco. The shop owner swapped the number of the two of ₹3000 in January and ₹1300 from the sales of ₹4000 in
types of chocolates by mistake. As a result, the total cost was February. Find the value of a.
10% less than what it would have been. Find the ratio of number
of Bar-Milk and Bar-Choco chocolates ordered by Bablu. 19. A man sold a book at a loss of 10%. Had he sold it for ₹104
more, he would have earned a profit of 10%. Find the cost price
A. B. C. D. of the man.
A. ₹400 B. ₹520 C. ₹640 D. ₹840
10. During 1950 to 1960, the total male and female population in a
city increased by 33 %.in the same period the male population 20. A man purchased 120 kg of sugar and was forced to sell it at a
and the female population increased by 50% and 25% loss equal to the selling price of 30 kg of sugar. If he purchased
respectively. In the next decade, i.e., 1960 to 1970, the female each kilogram of sugar for ₹15, then at what price (in ₹) did he
population increased by 40%. In 1970, the ratio of male and sell each kilogram of sugar?
female population was same as that in 1950. What is the
percentage increase in the population of the city from 1950 to 21. A person sold two refrigerators each for ₹5060. On one he gained
1970? 10% and on the other he lost 8%. Find his overall profit/loss.
A. ₹20 loss B. ₹20 profit C. ₹10 loss D. ₹10 profit
Quantitative Aptitude Percentage, Profit & Loss
Test - 2
30. A, B and C start a venture with investments of ₹12000, ₹16000
22. Mr. Singh purchased 40,000 apples at ₹7 each. He found that and ₹10000 respectively. A left after 2 months. B left after
30% of those were spoilt and hence were unfit to be sold. At another 2 months at that time A re-joined with only ⁄ of his
what price should he sell each of the remaining apples so as to
get an overall profit of 25%? original investment. A month later B re-joined with one quarter
A. ₹8.75 B. ₹10 C. ₹11.25 D. ₹12.50 less than his original investment. C remained invested throughout
the year. The profit at the end of the year was ₹267000, How
23. A shopkeeper defrauds both the dealer and the customer by much more did B earn than A?
measuring the weights, incorrectly. When he is purchasing items A. ₹37500 B. ₹42000 C. ₹45000 D. ₹55000
from the dealer, he takes 20% more than the indicated weight and
when he is selling them to the customer, he gives 20% less than 31. A and B started a venture with different investments. It was
the indicated weight. If the price that the shopkeeper charges his decided that A would get 20% of the profit as salary and the
customer is the same as what the dealer charges the shopkeeper, remaining profit would then be equally divided between the two
then what profit percentage does the shopkeeper make? of them. Had the entire profit been divided in the ratio of their
investments, B would have received ₹5200 more as his share of
24. A shopkeeper defrauds both the dealer and the customer by the profit. The respective earnings of A and B are ₹16800 and
measuring the weights incorrectly. When he is purchasing items ₹11200. Find the investment of A, if B invested ₹82000.
from the dealer, he takes 20% more than the indicated weight and A. ₹44000 B. ₹58000 C. ₹68000 D. ₹77000
while selling he gives to the customer a quantity, such that if
20% is added to it, the indicated weight is obtained. If the price 32. Ajay, Vijay and Sujay together started a business with
that the shopkeeper charges his customer is the same as what the investments such that the combined investment of Vijay and
dealer changes the shopkeeper, what is the shopkeeper's profit Sujay is 2/3rd the investment of Ajay. Sujay's share of the profit
percentage? decreases by ₹100, if the overall profit decreases from 16% to
14%. Ajay's share of profit increases by ₹480 if the overall profit
increases from 18% to 23%. What is the difference in the
Directions for questions 25 and 26: These questions are based
amounts invested by vijay and sujay?(in ₹)
on the information given below.
A. 3600 B. 2500 C. 4500 D. 5000
In manufacturing a certain item, 40% of the expenditure is on
account of raw materials, 20% on account of labour charges,
20% on account of fixed charges and the rest on account of
miscellaneous heads. The item is sold at a profit of 25%. The
price of the raw materials went up by 15% and the labour charges
went up by 20% and the cost of the miscellaneous heads went up
by 50% while the fixed costs remained unchanged.
25. If the selling price remained unchanged, then what is the profit
percentage?
A. 2% B. 4% C. 4 % D. 10%
26. If the manufacturer wants a 13 % profit, then by what
percentage should he reduce his expenditure on raw materials (at
the increased price) so as to achieve that target, the selling price
remaining the same?
A. 17 % B. 20 % C. 21 % D. 24 %
27. A trader purchases two products. He marks the first one at ₹200
above its cost price and gives a discount of 20% before selling it.
He marks the second one at ₹625 which is 25% above its cost
price and gives a discount of ₹105 before selling it. He gains
20% on the first product. Find his overall gain in selling both the
products.
A. 11.11% B. 9.09% C. 10% D. 8.33%
28. Merchant A sold an article after giving a 30% discount.
Merchant B sold the same article after giving three successive
discounts of 10% each. Merchant C sold the same article after
giving successive discounts of 15%, 10% and 5%. The marked
prices of the three merchants were the same. If the selling prices
of A, B and C were a, b and c respectively, find the ascending
order of the selling prices.
A. acb B. abc C. bca D. bac
29. In a joint venture, A and B invested ₹32000 and ₹56000
respectively. A received ₹1000 per month as salary for managing
the business and the remaining profit was divided in the ratio of
their investments. At the end of the year. A received a total of
₹20000. How much did B receive (in ₹)?