CLAT Profit and Loss Practice Questions With Solutions

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CLAT Quantitative Techniques Profit and Loss Practice Questions

InstructionThese instructions are applicable only to questions 1 to 10
As per a survey conducted in a college out of total students enrolled i.e., 3,000 in 2020 -21, 1,700 were girls and 1,300 were boys. Data regarding students opting for various streams viz., Non -Medical, Medical, Commerce, Arts and Fine Arts showed that 25% of the enrolled students opted non -medical and the percentage of girls in Non -Medical was 30% of the total number of girls; 15% of the total students opted for Medical and the percentage of girls who opted Medical was 18% of the total number of gir ls; 25% of the total students opted Arts but the percentage of girls who opted for Arts was 15% of the total number of girls; 16% of the total students opted Commerce and the percentage of girls who opted Commerce was 17% of the total number of girls, and; 19% of the total students opted Fine Arts and the percentage of girls who opted Fine Arts was 20% of the total number of girls.

Question 1.

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How many girls have opted Non -Medical?

Question 2.

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Girls have outnumbered boys in Fine Arts. How many girls in Fine Arts are more than the boys, as a percentage of total number of boys in Fine Arts?

Question 3.

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Which of the following courses have been opted by maximum number of boys?

Question 4.

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Which of the following courses have been opted by minimum number of boys?

Question 5.

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What is the ratio among boys and girls for Non -Medical?

Question 6.

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What is the percentage of profit earned from sale of ‘R’, if the expenditure incurred on production of ‘R’ is ` 15,000/ - per tonne?

Question 7.

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Which product has the highest selling price per tonne?

Question 8.

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How much loss is incurred to company, if the expenditure on production of ‘T’ was 20,000 per tonne?

Question 9.

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What percentage of turnover of ‘R’ has to turnover of ‘T’?

Question 10.

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What is the average selling price per tonne of all products taken together?
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Question 1.

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A dealer marked his goods 20% above the cost price and allows a discount of 10%. then the gain percent is:

Question 2.

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A single discount equivalent to a discount series 15% and 5% is:

Question 3.

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By selling a cycle for Rs. 2,345, a student loses 19%. His cost price is nearly:

Question 4.

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If selling price of 10 articles is equal to cost price of 11 articles, then gain is:

Question 5.

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A customized jewellery was sold at rs. 1000 with 90% discount on the ‘making charges.’ If they payment made for making charges was rs. 100, what is the approximately rate of discount on the product?

Question 6.

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Francis has 18 eggs out of which 12 eggs were sold at 10% loss than the cost price. At what mark up should he sell the remaining eggs to cover his losses?
InstructionThese instructions are applicable only to questions 7 to 26
From the four answers given, shade the appropriate answer.

Question 7.

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The average monthly income of a person in a certain family of 5 members is Rs. 1000. What will be monthly average income of one person in the same family if the income of one person increased by Rs. 12,000 per year?

Question 8.

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A dishonest shopkeeper uses a weight of 800 gm for a kg and professes to sell his good at cost price. His profit is

Question 9.

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By selling 11 oranges for a rupee, a man loses 10%. How many oranges for a rupee should he sell to gain 10%?

Question 10.

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A person takes 3 hours to walk a certain distance and riding back. He could walk both ways in 5 hours. How long could it take to ride both ways.

Question 11.

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change 1/8 into percentage

Question 12.

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12.5% of 80 is equal to

Question 13.

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Which number should Fill the blank space to complete the series: 1, 2, 4, 5, 7, 8, 10, 11, ....

Question 14.

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The smallest of the fractions given below

Question 15.

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Three friends shared the cost of a television. If Amit, Bharat and Dinesh paid Rs. 3000, Rs. 1800 and Rs. 1200 respectively, then Dinesh paid what percent of the total cost?

Question 16.

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The average age of 29 boys of a class is equal to 14 years. When the age of the class teacher is included the average becomes 15 years. Find the age of the class teacher.

Question 17.

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It takes 8 people working at equal rates to finish a work in 96 days. How long will 6 workers take for the same work?

Question 18.

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Ram's income is 20% less than Shyam's. How much is Shyam's income more than Ram's in percentage terms?

Question 19.

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The monthly salary of A, B and C are in the ratio 2: 3: 5. If C's monthly salary is Rs. 1,200 more than that of A, find B's monthly salary.

Question 20.

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In a town there are 94500 people. 2/9 of them are foreigners, 6400 are immigrants and the rest are natives. How many are natives?

Question 21.

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Total salary of three persons A, B and C is Rs. 1,44,000. They spend 80%, 85% and 75% respectively. If their savings are in the ratio 8: 9: 20, find C's salary.

Question 22.

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The population of a town is 155625. For every 1000 males there are 1075 females. If 40% of the males and 24% of the females are literate, find the percentage of literacy in the town.

Question 23.

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10 sheep and 5 pigs were brought for Rs. 6,000. If the average price of a sheep is Rs. 450, find the average price of pig.

Question 24.

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Ram weighs 25 kg more than Shyam. Their combined weight is 325 kg. How much does Shyam weight?

Question 25.

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Find out the wrong number in the series: 3, 8, 15, 24, 34, 48, 63

Question 26.

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What is the location value of 7 in the figure 9872590?
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