Profit and Loss Data Sufficiency 1 - Aptitude Questions and Answers

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Aptitude :: Profit and Loss

@ : Home > Aptitude > Profit and Loss > Data Sufficiency 1 1. A shopkeeper sells some articles at the profit of 25% on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary? I. Sale price of the article II. Number of articles sold A. Only I is necessary B. Only II is necessary C. Either I or II is necessary D. Both I and II are necessary E. None of these Answer & Explanation Answer: Option D Explanation: Gain = 25% of C.P. In order to find gain, we must know the sale price of each article and the number of articles sold. Correct answer is (D).

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General Questions Data Sufficiency 1 Data Sufficiency 2 Data Sufficiency 3 Data Sufficiency 4 "The secret to creativity is knowing how to hide your sources." - Albert Einstein

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Profit and Loss Data Sufficiency 1 - Aptitude Questions and Answers

http://www.indiabix.com/aptitude/profit-and-loss/019001

View Answer Workspace Report Discuss in Forum 2. A shopkeeper sells some toys at Rs. 250 each. What percent profit does he make? To find the answer, which of the following information given in Statements I and II is/are necessary? I. Number of toys sold. II. Cost price of each toy. A. Only I is necessary B. Only II is necessary C. Both I and II are necessary D. Either I or II ins necessary E. None of these Answer & Explanation Answer: Option B Explanation: S.P. = Rs. 250 each. To find gain percent, we must know the C.P. of each. Correct answer is (B). View Answer Workspace Report Discuss in Forum

Read more: Profit and Loss - Important Formulas Profit and Loss - Data Sufficiency 2 Profit and Loss - Data Sufficiency 3 Profit and Loss - Data Sufficiency 4

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