Profit and Loss - Aptitude Questions and Answers Part 3
11. I buy a houseboat for Rs 75,000/- and a peddle boat for Rs 15,000/-. I sell the houseboat at a profit of Rs 8,000/- and the peddle boat at a loss of Rs 5,000/-. What is my gain or loss in the whole transaction?
a. 3%
c. 30%
12. A trader sells his goods for Rs 1081.20 after allowing a discount of 15% on list price and charging a VAT of 6% on discounted price. Find the list price of the commodity.
a. Rs. 1200
b. Rs. 1250.20
c. Rs. 1302
d. Rs. 11850.20
13. An article is listed at a price that allows the shopkeeper to earn 25% profit. If he offer a certain discount, his profit reduces to 12.5%. Find the discount offered by him.
a. 10%
b. 15%
c. 20%
d. 25%
14. A man buys 2 flasks at a total price of Rs 900/- and then sells them making a profit of Rs 90/- in the whole deal. He sells one flask at 5/4 of the CP while the other one at 4/5 of the CP. Find the cost price of the flask with lower value.
a. Rs. 300
b. Rs. 400
c. Rs. 500
d. Rs. 600
15. If Anuj sells a tea kettle for Rs 1060, he earns 20% more profit then the loss he incurs by selling it for Rs 950. Find the price at which he should sell the kettle so that to earn a profit of 20%.
a. Rs. 980
b. Rs. 1080
c. Rs. 1200
d. Rs. 1800
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