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Home Aptitude Profit and Loss Comments

  • Question
  • If a trader sold two cars each at Rs. 325475 and gains 12% on the first and loses 12% on the second, then his profit or loss percent on the whole is ?


  • Options
  • A. 1.44% loss
  • B. 14.4% loss
  • C. 0%
  • D. 14.4% profit

  • Correct Answer
  • 1.44% loss 

    Explanation

    SP of each car is Rs. 325475, he gains 12% on first car and losses 12% on second car.
    In this case, there will be loss and percentage of loss is given by

    = [(profit%)(loss%)]/100 = (12)(12)/100 % = 1.44%

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

    Profit and Loss problems


    Search Results


    • 1. In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit ?

    • Options
    • A. 60%
    • B. 50%
    • C. 70%
    • D. 45%
    • Discuss
    • 2. 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
    • 3. 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
    • 4. 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
    • 5. 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
    • 6. A sold an article to B at 40% profit and B sold it to C at 50% profit, then what will be profit percent with respect to A ?

    • Options
    • A. 97 %
    • B. 110 %
    • C. 135 %
    • D. 115 %
    • Discuss
    • 7. If a trader sold two cars each at Rs. 404415 and gains 15% on the first and loses 15% on the second, then his profit or loss percent on the whole is ?

    • Options
    • A. 1.44 %
    • B. 2.02 %
    • C. 1.04 %
    • D. 2.25 %
    • Discuss
    • 8. If cost price of an article is 75% of its selling price, then what will be the profit percentage?

    • Options
    • A. 23.47
    • B. 25
    • C. 33.33
    • D. 20
    • Discuss
    • 9. A shopkeeper gives 20% discount on the marked price of a book. He provides 1 pair of books free with the sale of 9 pair of books. In the whole transaction, he gets profit of 26%. Find the percentage increase in marked price from the cost price.

    • Options
    • A. 35%
    • B. 65%
    • C. 75%
    • D. 26%
    • Discuss
    • 10. If Mohan purchase 13 articles for Rs 12 and sells all the articles at the rate of 12 articles for Rs 13, then what will be the profit percentage?

    • Options
    • A. 19.47
    • B. 17.36
    • C. 11.11
    • D. 12.5
    • Discuss


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