SAT Math Quiz – Profit & Loss

SAT Math Questions – Profit & Loss – To help you in better SAT Math preparation and to check in your present level, we have come up with SAT Math quiz for Profit & Loss topic. This quiz will surely help you in checking your SAT preparation for Profit & Loss topic. SAT Profit & Loss Questions.

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SAT Math Questions – Profit & Loss 

1. The sum of salary of three persons A,B and C is Rs. 72000. They spend 80, 85 and 75 percent of their salary respectively. If ratio of their savings is 8 : 9 : 20, what is A’s salary?

 Rs. 20000

 Rs. 16000

 Rs. 22000

 Rs. 18000

 None of these

Question 1 of 10

2. A man purchased 26 kg. of rice for Rs. 2,470/- He then sold 10 kg of rice at the rate of Rs. 110/- per kg and remaining rice at some rate to make a profit of Rs. 70/-. At what rate per kg did he sell the remaining rice?

 Rs. 90/-

 Rs.95/-

 Rs. 85/-

 Rs. 75/-

 None of these

Question 2 of 10

3. In a sale, perfumes are available at a discount of 25% on the selling price. If a perfume costs Rs. 5,895 in the sale, what is the selling price of the perfume?

 Rs. 6,020

 Rs. 7,860

 Rs. 7,680

 Cannot be determined

 None of these

Question 3 of 10

4. A person buys a book for Rs.85 and sells it for Rs.98.60. Find his profit per cent

 8%

 12%

 16%

 18%

 None of these

Question 4 of 10

5. A merchant mixes two types of tea, one costing Rs.150 per kg and other Rs.175 per kg in the ratio 2:3 If he sells the mixture for Rs.170 per kg find his per cent profit

 2%

 2.50%

 4%

 5.50%

 None of these

Question 5 of 10

6. A man buys two cows for Rs.5000 each. One is sold at a profit of 10% and the other he sold at a loss of 5%. Find his profit or loss per cent in the whole transaction

 2.5% profit

 3% profit

 2.5% loss

 3% loss

 None of these

Question 6 of 10

7. A man sells two articles for Rs.2400 each. He gained 20% on the first and lost 20% on the second. Find his overall profit or loss per cent in the transaction

 4% loss

 4% profit

 6% loss

 6% profit

 None of these

Question 7 of 10

8. A man buys two articles for Rs.1800 each. He gained 10% on the first and lost 10% on the second. Find his overall profit or loss percent in the transaction

 2% profit

 2% loss

 2.5% loss

 No profit. no loss

 None of these

Question 8 of 10

9. If the cost price of 12 articles be equal to the selling price of 10 articles then , find the profit% in the transaction.

 15%

 20%

 25%

 Data insufficient

 None of these

Question 9 of 10

10. The questions given below contain two statements giving certain data. You have to decide whether the data given in the statements are sufficient for answering the question ?

What is the amount of profit earned?
I. On selling the article for Rs. 1800, 20% profit is earned.
II. The cost price of the article is Rs. 1600.

 If statement I alone is sufficient but statement II alone is not sufficient.

 If statement II alone is sufficient but statement I alone is not sufficient.

 If each statement alone (either I or II) is sufficient.

 If statement I and II together are not sufficient.

 If both statements I and II together are sufficient, but neither statement alone is sufficient.

Question 10 of 10

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Important SAT Profit & Loss Questions

There is a high probability that you might face questions based on similar concepts in your upcoming SAT exam. So buckle up, get your thinking hat on and go for it. All the best.