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Home Aptitude Profit and Loss Comments

  • Question
  • A retailer cheats his wholesaler and customer both. He purchases 19% more from the wholesaler and sells 15% less while selling to its customer. What is profit percentage by selling the goods at cost price?


  • Options
  • A. 35%
  • B. 40%
  • C. 42%
  • D. 46%

  • Correct Answer
  • 40% 

    Explanation

    Tota profit percentage = (119 x 100/85) - 100 = 3400/85 = 40% 

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    Profit and Loss problems


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    • 1. The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit ?

    • Options
    • A. Rs. 660
    • B. Rs. 560
    • C. Rs. 1060
    • D. Rs. 960
    • Discuss
    • 2. A milkman has 20 liters of milk. If he mixes 5 liters of water, which is freely available, in 20 liters of pure milk. If the cost of pure milk is Rs. 18 per litre, then the profit of the milkman, when he sells all the mixture at cost price, is:

    • Options
    • A. 20%
    • B. 25%
    • C. 33.33%
    • D. 18%
    • Discuss
    • 3. A retailer buys a radio for Rs 225. His overhead expenses are Rs 15. He sellis the radio for Rs 300. The profit percent of the retailer is

    • Options
    • A. 10%
    • B. 50%
    • C. 25%
    • D. 52%
    • Discuss
    • 4. Rahul went to purchase a Nokia mobile handset, the shopkeeper told him to pay 20% tax if he asked the bill. Rahul manages to get the discount of 5% on the actual saleprice of the mobile and he paid the shopkeeper Rs. 3325 without tax. Besides he manages to avoid to pay 20% tax on the already discounted price, what is the amount of discount that he has gotten?

    • Options
    • A. 750
    • B. 375
    • C. 875
    • D. 525
    • Discuss
    • 5. In a scheme, a pack of three soaps with MRP Rs.45 is available for Rs.42. If it still gives a profit of 5% to the shopkeeper, then the cost price of the pack is ?

    • Options
    • A. 38
    • B. 39
    • C. 40
    • D. 41
    • Discuss
    • 6. A shopkeeper sells one-third of his goods at a profit of 10%, another one-third at a profit of 20%, and the rest at a loss of 6%.What is his overall profit percentage ?

    • Options
    • A. 6%
    • B. 8%
    • C. 10%
    • D. 12%
    • Discuss
    • 7. Ajay bought 15 kg of dal at the rate of Rs 14.50 per kg and 10 kg at the rate of Rs 13 per kg. He mixed the two and sold the mixture at the rate of Rs 15 per kg. What was his total gain in this transaction ?

    • Options
    • A. Rs 1.10
    • B. Rs 11
    • C. Rs 16.50
    • D. Rs 27.50
    • Discuss
    • 8. Every year before the festive season,a shopkeeper increases the price of the product by 35% and then introduce two successive discount of 10% and 15% respectively.what is percentage loss and percentage gain ?

    • Options
    • A. 3.27 % loss
    • B. 4.15 % loss
    • C. 3.27 % gain
    • D. 4.15 % gain
    • Discuss
    • 9. 'A' sold an article to 'B' at a profit of 20%. 'B' sold the same article to 'C' at a loss of 25% and 'C' sold the same article to 'D' at a profit of 40%. If 'D' paid Rs 252 for the article, then find how much did 'A' pay for it?

    • Options
    • A. Rs.196
    • B. Rs.210
    • C. Rs.200
    • D. Rs.235
    • Discuss
    • 10. A women goes to market with Rs.500 to buy oranges.the prices of the oranges have decreased by 10% so he could buy 2kg more with the amount she had.What was the original price of the oranges ?

    • Options
    • A. 22.77
    • B. 25.77
    • C. 27.77
    • D. 29.77
    • Discuss


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