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Home Aptitude Profit and Loss Comments

  • Question
  • Two items A and B have equal cost price. Item A is sold at 40% profit and item B is sold at an amount 20% less than the selling price of item A. If the total profit is 156 Rs then find the cost price of A.


  • Options
  • A. Rs. 300
  • B. Rs. 350
  • C. Rs. 400
  • D. Rs. 450

  • Correct Answer
  • Rs. 300 

    Explanation

    Let the cost price of A as well as B is 100 Rs.
    Then, ATQ:
    Selling Price of A = 100+40 = 140
    And Selling Price of B = 140 - (140*0.2) = 140 - 28 = 112
    Total selling price = 140+112 = 252 Rs.
    Total Cost price = Rs. 200
    So by taking cost price = 100 Rs.
    Total profit = 52 Rs.
    Total profit will be Rs. 156 when cost price = (100/52)*156 = Rs. 300.

  • Tags: Bank Exams

    Profit and Loss problems


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    • 1. Raghunandan sells a machine for Rs 45 lakhs at a loss. Had he sold it for Rs 55 lakh, his gain would have been 9 times the former loss. Find the cost price of the machine.

    • Options
    • A. Rs 54 lakhs
    • B. Rs 46 lakhs
    • C. Rs 60 lakhs
    • D. Rs 38 lakhs
    • Discuss
    • 2. ?X? is a bread seller who marked up price of each bread packet by 150% above and allow discounts of 40% and made a profit of Rs. 30 on each bread packet. If ?X? allows 37.5% discount on each packet, then find how much profit he gets on selling 80 bread packets?

    • Options
    • A. Rs 2750
    • B. Rs 3200
    • C. Rs 2500
    • D. Rs 2700
    • Discuss
    • 3. Savita sold an item for 6,500 and incurred a loss of 20%. At what price should she have sold the item to have gained a profit of 20%?

    • Options
    • A. 10,375
    • B. 9,750
    • C. 8,125
    • D. Cannot be determined
    • Discuss
    • 4. A trader marks his goods in such a way that after allowing a discount of 10% he gains 15%. If an article costs him Rs. 720, his marked price is

    • Options
    • A. Rs.920
    • B. Rs.900
    • C. Rs.820
    • D. Rs.950
    • Discuss
    • 5. 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
    • 6. A vendor buys chikoos at 15 for Rs 8 and then sells at 10 for Rs 6. What will be the result?

    • Options
    • A. 12.5 percent loss
    • B. 11.11 percent gain
    • C. 12.5 percent gain
    • D. 11.1 percent loss
    • Discuss
    • 7. A bookseller bought 500 text books for 20,000. He wanted to sell them at a profit so that he get 50 books free. At what profit percent should he sell them?

    • Options
    • A. 10
    • B. 20
    • C. 15
    • D. 10.5
    • Discuss
    • 8. The difference between the selling prices of an article sold at 4% and 3% profits is Rs.3 The cost price of the article is :

    • Options
    • A. Rs. 400
    • B. Rs. 350
    • C. Rs. 300
    • D. Rs. 100
    • Discuss
    • 9. An article is listed at Rs 2375. A man purchases it at two successive discounts of 50% and 25% and spends Rs 165 on repairing of article. If he sells thearticle at a profit of 62.5%, then what is the selling price (in Rs) of the article?

    • Options
    • A. 1467.6
    • B. 1492.6
    • C. 1715.39
    • D. 1467.6
    • Discuss
    • 10. A shopkeeper sells a table at a discount of 20% and earns a profit of 60%. If he sells the same table at 40% discount, then what will be his new profit percent?

    • Options
    • A. 20
    • B. 30
    • C. 35
    • D. 40
    • Discuss


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