Start learning →

CAT Profit and Loss — practice questions — page 2

Explore 39 free Profit and Loss questions in CAT Quantitative Aptitude. Open each question or exercise to read its content, reference answers and available explanation.

Practise Profit and Loss with Quill →

Profit and Loss questions and exercises with answers

Showing questions 31–39 of 39.

Oscar buys a barbecue discounted 65% from an original price of $395. The sale price is:Read the answer and worked solution →Catch the price cuttersRead the answer and worked solution →Pop the money wordsRead the answer and worked solution →Run the price numbersRead the answer and worked solution →Slice the percent wordsRead the answer and worked solution →Discount or mark-upRead the answer and worked solution →Sort discount, mark-up and interestRead the answer and worked solution →Type the numberRead the answer and worked solution →Percent bingoRead the answer and worked solution →

Worked practice questions

Oscar buys a barbecue discounted 65% from an original price of $395. The sale price is:

  1. $256.75
  2. $395.00
  3. $65.00
  4. $138.25
Show answer and solution

Correct answer: D. $138.25

1. A 65 percent discount leaves 35 percent. 2. 0.35 times 395 is 138.25. 3. The discount itself is 256.75. _Source: OpenStax Elementary Algebra 2e, Chapter 3, Solve Percent Applications (CC BY 4.0)._

Open this question →

Catch the price cutters

Read exercise and reference answers
Items
  1. Matches the category
    Yes
    Item
    Discount
  2. Matches the category
    Yes
    Item
    Sale price
  3. Matches the category
    Yes
    Item
    35% off
  4. Matches the category
    Yes
    Item
    Price cut
  5. Matches the category
    No
    Item
    Mark-up
  6. Matches the category
    No
    Item
    List price
  7. Matches the category
    No
    Item
    Interest
  8. Matches the category
    No
    Item
    40% up
Category
Discount
Instructions
Catch the words that lower a price. Let the words that raise it fall.
_Source: OpenStax Elementary Algebra 2e, Chapter 3, Solve Percent Applications (CC BY 4.0)._

Open this exercise →

Pop the money words

Read exercise and reference answers
Other terms
  1. Speed
  2. Distance
  3. Uniform
  4. Diagram
Matching terms
  1. Principal
  2. Interest
  3. Discount
  4. Mark-up
  5. List price
  6. Rate
Instructions
Pop the words from percent applications. Leave the motion words.
_Source: OpenStax Elementary Algebra 2e, Chapter 3, Solve Percent Applications (CC BY 4.0)._

Open this exercise →

How to practise

  1. Choose a Profit and Loss question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

Put it into practice

Continue with Profit and Loss practice for CAT. Read explanations as you go. No signup form needed to start.

Practise Profit and Loss →

More Quantitative Aptitude topics

Quantitative AptitudeAlgebraCAT QA — MixedRatio and ProportionTime and WorkPercentagesAverages and MixturesDI — Tables