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Home Aptitude Profit and Loss Comments

  • Question
  • To make a profit of 20% the selling price of the good is Rs. 240. The cost price of the good is,


  • Options
  • A. Rs. 200
  • B. Rs. 210
  • C. Rs. 220
  • D. Rs. 230

  • Correct Answer
  • Rs. 200 

  • Tags: Bank Exams

    Profit and Loss problems


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    • 1. If a shop keeper marks his goods for a certain amount so as to get 25% gain after allowing a discount of 20%, then his marked price is

    • Options
    • A. Rs.156.25
    • B. Rs.146.25
    • C. Rs.166.25
    • D. Rs.150.25
    • Discuss
    • 2. While selling an article for Rs 18450, a person suffered a loss of 50%. At what price he should have sold the article (in Rs) to earn a profit of 50%?

    • Options
    • A. 13837
    • B. 52000
    • C. 55350
    • D. 56775
    • Discuss
    • 3. A bottle is sold at a loss of 9%. Had it sold for Rs. 15 more, a profit of 25/2% would have gained. What is the cost price of the bottle (approx)?

    • Options
    • A. Rs. 32
    • B. Rs. 35
    • C. Rs. 36
    • D. Rs. 33
    • Discuss
    • 4. A person sold two cows each for Rs.9900. If he gained 10% on one and lost 20% on the other, then which of the following is true ?

    • Options
    • A. He lost Rs. 200
    • B. He gained Rs. 200
    • C. Neither he gained nor lost
    • D. None of the above
    • Discuss
    • 5. Arun is a cashew merchant in Telangana. He has cashews in sealed wooden boxes of 10kg each. The price of the cashew increases by Rs.20 per kg for every year, but at the same time, 10% of the cashews are eaten by rodents every year. If the price of a 1 kg of fresh cashew is Rs.120, what is the change in his profits if he sells a sealed box after one year of storage, rather than selling it fresh ? (In Rs.)

    • Options
    • A. Rs. 60
    • B. Rs. 54
    • C. Rs. 80
    • D. Rs. 75
    • Discuss
    • 6. A trader sells wire and gains 60% on the cost price. What will be the profit % on selling price?

    • Options
    • A. 33.33
    • B. 40
    • C. 60
    • D. 37.5
    • Discuss
    • 7. A wholesaler sells a watch to a retailer at a gain of 32% and the retailer sells it to a customer at a loss of 20%. If the customer pays Rs 1,953.6, what had it cost the wholesaler?

    • Options
    • A. Rs 2063
    • B. Rs 2394
    • C. Rs 1850
    • D. Rs 1637
    • Discuss
    • 8. 70% of the cost price of a article is equal to the 40% of its selling price. What is the profit or loss percentage?

    • Options
    • A. 63% loss
    • B. 70% loss
    • C. 75% profit
    • D. 80% profit
    • Discuss
    • 9. A man gains 15% by selling a calculator for a certain price. If he sells it at the triple the price, then what will be the profit percentage?

    • Options
    • A. 125
    • B. 175
    • C. 225
    • D. 245
    • Discuss
    • 10. A person sold his pen for Rs 24 and his profit percentage was numerically equal to the cost price. What was the cost price (in Rs) of the pen?

    • Options
    • A. 12
    • B. 14
    • C. 16
    • D. 20
    • Discuss


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