Banking Quantitative Aptitude Profit and Loss Question Bank

done Profit and Loss Total Questions - 30

• question_answer1)
  If the CP is 60% of the selling price. What is the profit%?
  A)
  33.60% done clear
  B)
  66.67% done clear
  C)
  63.27% done clear
  D)
  60.67% done clear
  E)
  None of these done clear
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• question_answer2)
  If on selling 12 Notebooks any seller makes a profit equal to the selling price of 4 Note books. What is his percent profit?
  A)
  50%      done clear
  B)
  25% done clear
  C)
  \[16\frac{2}{3}%\] done clear
  D)
  Data inadequate done clear
  E)
  None of these done clear
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• question_answer3)
  Arun purchased a house for Rs. 75000 and a site for Rs.15000 respectively. If he sold the house for Rs. 83000 and the site for Rs. 10000. Find the resultant% of gain?
  A)
  3% done clear
  B)
  \[3\frac{1}{3}\]% done clear
  C)
  30%      done clear
  D)
  \[33\frac{1}{3}%\] done clear
  E)
  None of these done clear
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• question_answer4)
  One fifth of the CP, one-seventh of the marked price and one-sixth of the selling price are equal. What is the gain% or loss% to trader?
  A)
  20% gain done clear
  B)
  \[16\frac{2}{3}%\,\operatorname{Less}\] done clear
  C)
  \[14\frac{2}{7}%\operatorname{profit}\] done clear
  D)
  10% loss done clear
  E)
  None of these done clear
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• question_answer5)
  Shri Ramlal purchased a TV set for Rs. 12500 and spent Rs. 300 on transportation and Rs. 800 on installation. At what price should he sell it so as to earn an overall profit of 15%
  A)
  Rs. 14560 done clear
  B)
  Rs. 14375 done clear
  C)
  Rs. 15460 done clear
  D)
  Rs. 153758 done clear
  E)
  None of these done clear
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• question_answer6)
  A shopkeeper bought two radios for Rs. 1008, he sold one at a loss of 20% and other at a profit of 44%. If he sell both radios at same price, then find the cost price of the radio which is sold at loss.
  A)
  Rs. 648 done clear
  B)
  Rs. 360 done clear
  C)
  Rs. 368 done clear
  D)
  Rs. 640 done clear
  E)
  Rs. 540 done clear
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• question_answer7)
  A shopkeeper gets 20% more from wholesaler when he buys sugar. He uses a false weight of 750 gram while selling 1 Kg of sugar. Find the profit he earn if he had paid 10000 Rs to the wholesaler.
  A)
  Rs. 5000            done clear
  B)
         Rs. 7500                        done clear
  C)
  Rs. 6000 done clear
  D)
  Cannot be determined                 done clear
  E)
  None of these done clear
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• question_answer8)
  A table is sold at a profit of 20%. .If both the cost price and the selling price of the table are decreased by Rs. 100, the profit would be 5% more, original, cost price of the table is-
  A)
  Rs. 600 done clear
  B)
  Rs. 550 done clear
  C)
  Rs. 650              done clear
  D)
  Cannot be determined   done clear
  E)
  None of these done clear
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• question_answer9)
  A shopkeeper marks up his goods by 20% and cheats by 10% while selling it. Find his total profit percent.
  A)
  30% done clear
  B)
         32% done clear
  C)
  \[33\frac{1}{3}%\] done clear
  D)
  35% done clear
  E)
  None of these done clear
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• question_answer10)
  A man sells an article at a profit of 25% if he had bought it at 20% less and sold it for Rs. 1050 loss, he would have gained 30% find the cost price of the article.   
  A)
  Rs. 10000 done clear
  B)
  Rs.5000 done clear
  C)
  Rs. 12000 done clear
  D)
  Rs. 10500 done clear
  E)
  None of these done clear
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• question_answer11)
  Marked price of an article is 60% more than the cost price. A shopkeeper allows X% discount and earns ___% profit, if a shopkeeper allows 2X% discount and earns __% profit. Which of the following options satisfies the two blanks in the question?     A) 44, 28         B) 36,12           C)30,16          D)20,12
  A)
  Only B done clear
  B)
  Only A, B done clear
  C)
  Only C done clear
  D)
  Only D done clear
  E)
  Only A done clear
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• question_answer12)
  Divya went to a textile shop. When Divya asked the price of a saree the shopkeeper told her the price by increasing 18% of the original cost. But Divya insisted to decrease the price by .18% so the shopkeeper sold it by decreasing the price by 18% what is the loss or profit percen of shopkeeper?
  A)
  3.25% done clear
  B)
  2.5% done clear
  C)
  3% done clear
  D)
  3.225% done clear
  E)
  None of these done clear
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• question_answer13)
  The market price of an article is 40% more than the cost price. There is a profit of x% after giving the discount of 15%. If the cost price of an article is Rs 1160 and its market price is 30% higher, then how many Rs will be the benefit after giving the discount of x%?
  A)
  Rs 61.48 done clear
  B)
  Rs 42.25 done clear
  C)
  Rs 85 done clear
  D)
  Rs 48.75 done clear
  E)
  None of these done clear
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• question_answer14)
  A shopkeeper bought an article marked at Rs. 22800 at two successive discounts of 15% and 20%. He spent Rs 1064 on transportation and sold the article for Rs. 20710. Then, what was the profit percentage of the shopkeeper
  A)
  35%      done clear
  B)
  30% done clear
  C)
  25% done clear
  D)
  20% done clear
  E)
  None of these done clear
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• question_answer15)
  A fruit seller wants to make a profit of 20%, after giving the discount in cash of 10% and giving 1 dozen banana free on the purchase of 4 dozen bananas. What percentage above the cost price should he listed on bananas?
  A)
  76.47% done clear
  B)
  75% done clear
  C)
  65% done clear
  D)
  83.5%         done clear
  E)
  None of these done clear
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• question_answer16)
  A book seller sells a book at a profit of 10%. If he had bought it at 4% less and sold it for 6 more, he would have gained\[18\frac{3}{4}%\]. The cost price of the book is-
  A)
  Rs.130 done clear
  B)
  Rs.140 done clear
  C)
  Rs.150 done clear
  D)
  Rs.160 done clear
  E)
  Rs.165 done clear
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• question_answer17)
  A shopkeeper purchased 25 identical pieces of mobile phones at the rate of Rs. 1500 each. He spent an amount of Rs. 2500 on transport and packing. He fixed the labeled price of each phone at Rs. 2000. However, he decided to give a discount of 5% on the labeled price. What is percent profit earned by him?
  A)
  18.75 done clear
  B)
  16.75 done clear
  C)
  14.75 done clear
  D)
  20.75 done clear
  E)
  None of these done clear
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• question_answer18)
  A shopkeeper bought 30 kg of wheat at the rate of Rs. 45 /kg. He sold 40% of the total quantity at the rate of Rs. 50/kg. Approximately, at what price/kg should he sell the remaining quantity to make 25 percent overall profit?
  A)
  Rs. 54 done clear
  B)
  Rs. 52 done clear
  C)
  Rs. 50 done clear
  D)
  Rs.60 done clear
  E)
  Rs. 56 done clear
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• question_answer19)
  Rajani purchased a mobile phone and a refrigerater for Rs. 12000 and Rs. 10000 respectively. She sold the refrigerator at a loss of 12% and mobile phone at a profit of 8%. What is his overall loss/profit?
  A)
  Rs. 240 Loss done clear
  B)
  Rs. 250 Loss                      done clear
  C)
  Rs. 240 Profit done clear
  D)
  Rs. 280 Profit done clear
  E)
  Rs. 360 Loss done clear
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• question_answer20)
  A trader purchases two watches. He makes the first one up by Rs. 200 over the cost price and gives a discount of 20% on it. The second one he marks up by 50% and gives a discount of Rs. 160. If he gains 15% on both the watches put together of 8% on the first alone, what is the percent of profit on the second watch?
  A)
  21%      done clear
  B)
  22% done clear
  C)
  18.5% done clear
  D)
  Can't be determined done clear
  E)
  None of these done clear
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• question_answer21)
  A man sold two articles, each for the same price of Rs. 840. He earns 20% profit on the first and 40% profit on the second. Find his overall profit percent.
  A)
  \[29\frac{1}{2}%\] done clear
  B)
  \[28\frac{1}{2}%\] done clear
  C)
  \[29\frac{3}{13}%\] done clear
  D)
  \[28\frac{3}{13}\]% done clear
  E)
  None of these done clear
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• question_answer22)
  An article is listed at Rs. 65. A customer bought this article for Rs. 56.16 and got two successive discount of which one is 10%. Find the other discount of this scheme.
  A)
  4% done clear
  B)
  5% done clear
  C)
  3% done clear
  D)
  6% done clear
  E)
  8% done clear
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• question_answer23)
  A shopkeeper sold two article for Rs. 15000 each on first he gains 50% but on the other a loss of 25%. Find the overall profit percent or loss percent.                 
  A)
  2% done clear
  B)
  \[16\frac{2}{3}%\]  done clear
  C)
  25%      done clear
  D)
  \[63\frac{2}{5}%\] done clear
  E)
  No profit no loss done clear
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• question_answer24)
  A discount of 15% is given on the marked price of an article. The shopkeeper charges sales tax of 6% on the discounted price. If the selling price be Rs. 1081.20 What is the marked price of the article?
  A)
  Rs. 11850.20 done clear
  B)
  Rs. 1250.20                        done clear
  C)
  Rs. 302 done clear
  D)
  Rs. 1200 done clear
  E)
  None of these done clear
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• question_answer25)
  A trader who marks his goods upto 50% and offered discount of 20%. What percent profit the trader makes after offereing the payment?
  A)
  15%      done clear
  B)
  20% done clear
  C)
  25% done clear
  D)
  30% done clear
  E)
  40% done clear
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• question_answer26)
  Article are marked at a price which gives a profit of 25%. After allowing a certain discount the profit reduces \[12\frac{1}{2}\]%, then find the discount percent.
  A)
  10%      done clear
  B)
  15% done clear
  C)
  20% done clear
  D)
  18% done clear
  E)
  25% done clear
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• question_answer27)
  A person purchased two chairs for Rs. 900. He sold first article at 4/5 of cost price but another at 5/4 of cost price He gains overall Rs. 90. Find the cost price of Lesser valued chair.
  A)
  Rs. 300 done clear
  B)
  Rs. 400 done clear
  C)
  Rs. 500 done clear
  D)
  Rs. 600 done clear
  E)
  Can't be determined done clear
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• question_answer28)
    A property dealer sells a house for Rs.9,00,000 and in this he makes 12.5% profit. Had he sold it for Rs. 6,00,000, then what percentage of loss or gain have be made?
  A)
  25% loss done clear
  B)
  10% loss done clear
  C)
  \[12\frac{1}{2}%\,gain\] done clear
  D)
  \[6\frac{2}{3}%gain\] done clear
  E)
  None of these done clear
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• question_answer29)
  A shopkeeper sells one transistor for Rs. 960 at a gain of 20% and another for Rs. 1152 at a loss of 4%. His total gain or loss percent is :
  A)
  \[5\frac{3}{5}%\operatorname{loss}\] done clear
  B)
  \[5\frac{3}{5}%gain\] done clear
  C)
  \[6\frac{2}{3}%gain\] done clear
  D)
  \[6\frac{2}{3}%loss\] done clear
  E)
  None of these done clear
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• question_answer30)
  Profit earned by selling an article for Rs. 1060 is 20% more than the loss incurred by selling the same article for Rs. 950. At what price should the article be sold to earn 20% profit?
  A)
  Rs. 980 done clear
  B)
  Rs. 1080 done clear
  C)
  Rs. 1800 done clear
  D)
  Rs. 1200 done clear
  E)
  None of these done clear
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