Profit & Loss for GMAT/GRE/BAT Online Test

Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:


The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:


If selling price is doubled, the profit triples. Find the profit percent.


In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?


A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?


The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?


A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?


A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?


Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?


Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:












Description:

This Test consists of 10 questions on Profit & Loss for BAT/GRE/GMAT or any other entrance exam. All questions consists of 4 options & there is a time limit of 15 minutes to complete these 10 questions. There will be more upcoming tests so that students can prepare well for there targeted exams. Best of Luck.

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GRE  GMAT  BAT  Profit and Loss

Discussion

Back Lash

a vendor bought two pre owned cars for $5000 and sold them for a profit of $1820.he made a profit of 28% on one car and 42% on the other car . what is the cost price of the car on which he made a profit of 28%. please help me with this qn thanking you

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