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GRE Numerical Ability - Profit and Loss Sample Question with Solutions

(#M40165873) GRE QUESTION Keep an EYE

A rug manufacturer produces rugs at a cost of $80 per rug. What is the gross profit of manufacturer from the sale of 120 rugs if 2/3 of the rugs are sold for $90 per rug and the rest are sold for $100 per rug? (A) 22½ (B) 18¼ (C) 20⅓ (D) 16⅔

Asked In GRE Devendra Marghade (4 years ago)

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(#M40165722) GRE QUESTION Keep an EYE

A shopkeeper marks his goods at 20% profit and gives a discount of 5%. Which of the following is/are true?
A. He gained 15%
B. He suffered a loss in the transaction
C. He gained 14%
D. If the cost price was Rs.200, the selling price after the discount was Rs. 228

Asked In GRE Devendra Marghade (4 years ago)

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(#M40157050) GRE QUESTION profit loss Keep an EYE

the cost price of 16 apples is equal to the selling price of 10 apples. the cost price of 12 oranges is equal to the selling price of 16 oranges and the cost price of 6 mangoes is equal to the selling price of 4 mangoes . if the ratio of the cost price of 1 apple, 1 orange, and 1 mango in the ratio of 1:1:2,then find the net profit percent on the sale of 1 apple,2 oranges and 2 mangoes.

Asked In GRE arun kumar (6 years ago)

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(#M40151715) GRE QUESTION Original price? Keep an EYE

Question
If a sweater sells for $48 after a 25 percent markdown, what was its original price?
A. $56
B. $60
C. $64
D. $68
E. $72

Asked In GRE Aashu (7 years ago)

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(#M40105903) GRE QUESTION Keep an EYE

To produce a particular radio model, it costs a manufacturer $30 per radio, and it is assumed that if 500 radios are produced, all of them will be sold. What must be the selling price per radio to ensure that the profit (revenue from the sales minus the total production cost) on the 500 radios is greater than $8,200

Asked In GRE Jaspalsingh Parmar (8 years ago)

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(#M40037609) GRE QUESTION Keep an EYE

A dishonest seller uses a weight of 800 gram in place of 1 kg and adds 20% impurities in sugar. What would be his profit percentage it he claims to be selling at the cost price?

Asked In GRE Hardip Bhalani (8 years ago)

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(#M40037608) GRE QUESTION Keep an EYE

A man purchases 2 watches for Rs. 560.
He sells one at 15% profit and the other at
10% loss. He neither gains nor loses. Thus,
the cost prices of 2 watches are....

Asked In GRE Hardip Bhalani (8 years ago)

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(#M40012850) GRE QUESTION Keep an EYE

a merchant marks his goods up by 60% and then offers a discount on the marked price if the final price after the discount results in the merchant making no profit or loss what was % dicount offered by the merchant?

Asked In GRE ratna (10 years ago)

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(#M40012849) GRE QUESTION Keep an EYE

a merchant marks his goods in such a way that the profit on sale of 50 articles is equal to sellingprice of 25 articles what is his profit margin?

Asked In GRE ratna (10 years ago)

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(#M40012847) GRE QUESTION Keep an EYE

a trader marks his goods 25% above cost price he sells 2/3 of his goods on cash [payment and rest on credit.if he gives 10% discount on cash purchases and 4% on credit find his total percentage gain?

Asked In GRE ratna (10 years ago)

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