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Home Aptitude Profit and Loss Comments

  • Question
  • A farmer buys a goat and a sheep for Rs 3500. He sold the sheep at a profit of 20 percent and the goat at a loss of 10 percent. If he sold both the animals at the same price, then the cost price (in Rs) of the cheaper animal was?


  • Options
  • A. 2000
  • B. 1500
  • C. 1750
  • D. 2250

  • Correct Answer
  • 1500 

  • Tags: Bank Exams

    Profit and Loss problems


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    • 1. If the cost price of 48 articles is equal to the selling price of 32 articles, then what is the profit percentage?

    • Options
    • A. 20
    • B. 25
    • C. 50
    • D. 75
    • Discuss
    • 2. 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
    • 3. 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
    • 4. 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
    • 5. 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
    • 6. Selling price of an article is Rs 27692 and loss percentage is 14%. If the selling price is Rs 37352, then what will be the profit percentage?

    • Options
    • A. 13.8
    • B. 18.6
    • C. 14
    • D. 16
    • Discuss
    • 7. A trader had 960 kgs of rice. He sold a part of it at 20% profit and the rest at 8% profit, so that he made a total profit of 12%. How much rice (in kgs) did he sell at 8% profit?

    • Options
    • A. 460
    • B. 560
    • C. 540
    • D. 640
    • Discuss
    • 8. If a vendor sells apples at Rs 170 per kg he suffers 15% loss. If he sells at Rs 230 per kg, then what is his profit percentage?

    • Options
    • A. 15
    • B. 10
    • C. 5
    • D. 20
    • Discuss
    • 9. If by selling an article for Rs. 390 a shopkeeper gains 20% , then the cost is

    • Options
    • A. Rs. 370
    • B. Rs. 325
    • C. Rs. 350
    • D. Rs. 300
    • Discuss
    • 10. A sells a watch to B and makes a loss of 12%. B makes a profit of 12.5% by selling the watch to C. If A sells the watch to B at the cost of which C purchased it, then the percentage of loss or profit of A will be,

    • Options
    • A. 1% loss
    • B. 1% profit
    • C. 2% loss
    • D. 2% profit
    • Discuss


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