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Accenture Hiring Profit and Loss — practice questions

Explore 14 free Profit and Loss questions in Accenture Hiring Quantitative Aptitude. Open each question or exercise to read its content, reference answers and available explanation.

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Profit and Loss questions and exercises with answers

Showing questions 1–14 of 14.

The difference between the selling prices of a keyboard at losses of 15% and 25% is Rupees 50. What is the cost price?Read the answer and worked solution →Medha sells her bag for Rupees 300 and loses Rupees 60. At what price must she sell it to gain 15%?Read the answer and worked solution →Inclusive of a profit of 16%, Rishi sold a pair of footwear for ₹2,059. What was the cost price of the pair?Read the answer and worked solution →Hemanshi bought a T-shirt at a 20% discount on its marked price, but sold it at the marked price. What is the profit or loss percentage on the whole transaction?Read the answer and worked solution →Anurag loses one-seventh of the cost by selling a pen for Rupees 144. If the pen is sold for Rupees 189, what is the gain percent?Read the answer and worked solution →A discount is a reduction given on which price of an article?Read the answer and worked solution →An item marked at 840 is sold for 714. The discount per cent is:Read the answer and worked solution →A frock is listed at 220 and a discount of 20% is announced. Its sale price is:Read the answer and worked solution →A table marked at 15,000 is available for 14,400. The discount per cent is:Read the answer and worked solution →An almirah is sold for 5,225 after a discount of 5%. Its marked price was:Read the answer and worked solution →An article bought for 400 is sold for 500. The profit per cent is:Read the answer and worked solution →A shopkeeper marks goods 25% above cost and then allows a 20% discount. His overall result is:Read the answer and worked solution →An item is sold for 15,000 at a loss of 20%. Its cost price was:Read the answer and worked solution →A shop offers a 20% discount. The sale price of a bag marked at 250 is:Read the answer and worked solution →

Worked practice questions

The difference between the selling prices of a keyboard at losses of 15% and 25% is Rupees 50. What is the cost price?

  1. Rupees 500
  2. Rupees 240
  3. Rupees 330
  4. Rupees 300
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Correct answer: A. Rupees 500

1. SP at 15% loss = 0.85 x CP; SP at 25% loss = 0.75 x CP. 2. Difference = 0.85CP - 0.75CP = 0.10 x CP = 50. 3. CP = 50 / 0.10 = 500. _Source: RRB Group D CEN-02/2018 PYQ, Q.77._

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Medha sells her bag for Rupees 300 and loses Rupees 60. At what price must she sell it to gain 15%?

  1. 146
  2. 172
  3. 414
  4. 516
Show answer and solution

Correct answer: C. 414

1. Cost price = selling price + loss = 300 + 60 = 360. 2. To gain 15%, SP = 360 x 1.15. 3. SP = 414. _Source: RRB Group D CEN-02/2018 PYQ, Q.91._

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Inclusive of a profit of 16%, Rishi sold a pair of footwear for ₹2,059. What was the cost price of the pair?

  1. ₹1,775
  2. ₹1,780
  3. ₹1,760
  4. ₹1,800
Show answer and solution

Correct answer: A. ₹1,775

1. Selling price = cost price × (1 + 16/100) = CP × 1.16. 2. So CP = 2059 / 1.16. 3. CP = ₹1,775. _Source: RRB Group D CEN-02/2018 PYQ, Q.95._

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