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Arithmetic Aptitude :: Profit and Loss

Directions To Solve

Each of the questions given below consists of a question followed by three statements. You have to study the question and the statements and decide which of the statement(s) is/are necessary to answer the question.

  1. What is the percent profit earned by the shopkeeper on selling the articles in his shop?

    I. 

    Labeled price of the articles sold was 130% of the cost price.

    II. 

    Cost price of each article was Rs. 550.

     III. 

    A discount of 10% on labeled price was offered.

  2. A.

    Only I

    B.

    Only II

    C.

    I and III

    D.

    All the three are required

    E.

    Question cannot be answer even with information in all the three statements.

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  3.  By selling an article what is the profit percent gained?

    I.5% discount is given on list price.

    II.If discount is not given, 20% profit is gained.

    III.The cost price of the articles is Rs. 5000.

     

  4. A.
    Only I and II
    B.
    Only I and II
    C.

    Only I and III

    D.

    All I, II and III

    E.

    None of these

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  5.  What was the percentage of discount given?

    I.23.5% profit was earned by selling an almirah for Rs. 12,350.

    II.If there were no discount, the earned profit would have been 30%

    III.The cost price of the almirah was Rs. 10,000.

  6. A.

    Only I and II

    B.

    Only II and III

    C.

    Only I and III

    D.

    Any two of the three

    E.

    None of these

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