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XAT Profit Loss — practice questions

Explore 45 free Profit Loss questions in XAT Quantitative Aptitude. Open each question or exercise to read its content, reference answers and available explanation.

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Profit Loss questions and exercises with answers

Showing questions 1–30 of 45.

Convert a speed of $90$ km/hr into metres per second.Read the answer and worked solution →A car covers $360$ km in $4$ hours. Find its average speed.Read the answer and worked solution →A man travels the first half of a journey at $30$ km/hr and the second half at $60$ km/hr. Find his average speed for the whole journey.Read the answer and worked solution →If the ratio of the speeds of A and B is $3 : 4$, what is the ratio of the times they take to cover the same distance?Read the answer and worked solution →GMAT · Quantitativeaptitude · Quant — Profit/Loss PairRead the answer and worked solution →Selling price Rs.1920 gives the same % profit as selling price Rs.1280 gives % loss. At what price should the article be sold to make 25% profit?Read the answer and worked solution →Profit is 320% of cost. If cost rises 25% but selling price stays constant, what % of selling price is profit (approx.)?Read the answer and worked solution →A man buys an article for Rs.500 and sells it at a loss of 8%. Selling price is:Read the answer and worked solution →A shopkeeper marks his goods 50% above cost and gives 20% discount. His profit %:Read the answer and worked solution →By selling 33 metres of cloth, a man loses the SP of 11 metres. His loss %:Read the answer and worked solution →Complete the definition of discountRead the answer and worked solution →Discount worked outRead the answer and worked solution →Which price does this belong to?Read the answer and worked solution →True or false: overhead expensesRead the answer and worked solution →Complete the sales tax ruleRead the answer and worked solution →True or false: tax, VAT and GSTRead the answer and worked solution →Added on top, or already inside the price?Read the answer and worked solution →Order the steps: find the bill amount after taxRead the answer and worked solution →Simple interest or compound interest?Read the answer and worked solution →Simple interest worked outRead the answer and worked solution →True or false: interestRead the answer and worked solution →Assertion and reasonRead the answer and worked solution →Match each term to what it meansRead the answer and worked solution →Tap everything that goes into the cost priceRead the answer and worked solution →Two are true, one is notRead the answer and worked solution →Three of these are wrong. Find the one that holds.Read the answer and worked solution →Order the steps: from marked price to what the customer paysRead the answer and worked solution →Complete the compound interest ideaRead the answer and worked solution →Flip and pair: term with meaningRead the answer and worked solution →Spot the one that does not belongRead the answer and worked solution →

Worked practice questions

Convert a speed of $90$ km/hr into metres per second.

  1. $18$ m/s
  2. $22.5$ m/s
  3. $25$ m/s
  4. $27$ m/s
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Correct answer: C. $25$ m/s

Multiply km/hr by $\dfrac{5}{18}$: $90 \times \dfrac{5}{18} = 25$ m/s.

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A car covers $360$ km in $4$ hours. Find its average speed.

  1. $60$ km/hr
  2. $80$ km/hr
  3. $90$ km/hr
  4. $100$ km/hr
Show answer and solution

Correct answer: C. $90$ km/hr

Speed $= \dfrac{\text{Distance}}{\text{Time}} = \dfrac{360}{4} = 90$ km/hr.

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A man travels the first half of a journey at $30$ km/hr and the second half at $60$ km/hr. Find his average speed for the whole journey.

  1. $35$ km/hr
  2. $40$ km/hr
  3. $45$ km/hr
  4. $50$ km/hr
Show answer and solution

Correct answer: B. $40$ km/hr

For equal distances, average speed is the harmonic mean: $\dfrac{2xy}{x+y} = \dfrac{2 \times 30 \times 60}{90} = \dfrac{3600}{90} = 40$ km/hr. Not the arithmetic mean $(30 + 60)/2 = 45$ — that holds for equal *times*, not equal *distances*.

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