AMDOCS Profit and Loss Problems with Solutions Quiz-1

Question 1

Time: 00:00:00
A watch was sold at a loss of 10%. If it was sold for Rs.140 more, there would have been a gain of 4%. What is the cost price?

Rs.1000

Rs.1000

Rs.1140

Rs.1140

Rs.860

Rs.860

Rs.760

Rs.760

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Question 2

Time: 00:00:00
A man sells a horse for Rs.800 and loses something, if he had sold it for Rs.980, his gain would have been double the former loss. Find the cost price of the horse?

Rs.900

Rs.900

Rs.875

Rs.875

Rs.850

Rs.850

Rs.860

Rs.860

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Question 3

Time: 00:00:00
By selling a house for Rs.45000, it was found that 1/8 of the outlay was gained, what ought the selling to price to have been in order to have lost 5 p.c?

Rs.38750

Rs.38750

Rs.38000

Rs.38000

Rs.40000

Rs.40000

Rs.42000

Rs.42000

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Question 4

Time: 00:00:00
The C.P of 10 pens is equal to the S.P of 12 pens. Find his gain % or loss%?

16 2/3% profit

16 2/3% profit

50/6% profit

50/6% profit

16 2/3% loss

16 2/3% loss

100/3% loss

100/3% loss

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Question 5

Time: 00:00:00
By selling 12 pencils for a rupee a man loses 20%. How many for a rupee should he sell in order to gain 20%?

8

8

9

9

12

12

16

16

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Question 6

Time: 00:00:00
By selling 50 meters of cloth. I gain the selling price of 15 meters. Find the gain percent?

0.35

0.35

0.3

0.3

0.4

0.4

42 6/7%

42 6/7%

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Question 7

Time: 00:00:00
A reduction of 25% in the price of oil enables a house wife to obtain 5kgs more for Rs.800, what is the reduced price for kg?

Rs.20

Rs.20

Rs.30

Rs.30

Rs.40

Rs.40

Rs.25

Rs.25

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Question 8

Time: 00:00:00
A man buys two articles for Rs.1980 each and he gains 10% on the first and loses 10% on the next. Find his total gain or loss percent?

1% gain

1% gain

1% loss

1% loss

10% loss

10% loss

no gain or no loss

no gain or no loss

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Question 9

Time: 00:00:00
At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price?

Rs.62.50

Rs.62.50

Rs.72.50

Rs.72.50

Rs.75.00

Rs.75.00

Rs.80.00

Rs.80.00

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Question 10

Time: 00:00:00
A shopkeeper buys mangoes at the rate of 4 a rupee and sells them at 3 a rupee. Find his net profit or loss percent?

0.2

0.2

0.28

0.28

33 1/3 %

33 1/3 %

35 2/7 %

35 2/7 %

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