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Home Aptitude Profit and Loss Comments

  • Question
  • A villager buys a goat and a sheep together for Rs 14,250. He sold the sheep at a profit of 10% and the goat at a loss of 20%. If he sold both the animals at the same price , then what was the cost price of the cheaper animal?


  • Options
  • A. 8250
  • B. 6600
  • C. 7500
  • D. 6000

  • Correct Answer
  • 6000 

  • Tags: Bank Exams

    Profit and Loss problems


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    • 1. A vendor sells a coconut at Rs 24 and suffers 24% loss. If he wants to make 14% profit, then at what price (in Rs) should he sell?

    • Options
    • A. 32
    • B. 30
    • C. 36
    • D. 28
    • Discuss
    • 2. If the selling price is tripled and cost price doubled the profit would become 65%. What is the present profit (in %)?

    • Options
    • A. 20
    • B. 15
    • C. 25
    • D. 10
    • Discuss
    • 3. A vendor buys bananas at 9 for Rs 8 and sells at 8 for Rs 9. What will be the profit or loss (in %)?

    • Options
    • A. 13.28% profit
    • B. 26.56% loss
    • C. 26.56% profit
    • D. 13.28% loss
    • Discuss
    • 4. A trader buys 500 kgs of cotton for Rs 9,000. 10% of this cotton is spoiled due to rain. At what rate (Rs/Kg) should he sell the rest to earn 10% profit?

    • Options
    • A. 25
    • B. 30
    • C. 22
    • D. 20
    • Discuss
    • 5. If the ratio of cost price and selling price be 10:11, then the profit percentage is

    • Options
    • A. 1%
    • B. 10%
    • C. 5%
    • D. 8%
    • Discuss
    • 6. A wholesaler sells a watch to a retailer at a profit of 8% and the retailer sells it to a customer at a profit of 12%. If the customer pays Rs. 8,448 what had it cost (approximately) to the wholesaler (in Rs)?

    • Options
    • A. 6984
    • B. 6082
    • C. 7120
    • D. 7022
    • Discuss
    • 7. A trader had 2000 kgs of rice. He sold a part of it at 10% profit and the rest at 16% profit, so that he made a total profit of 14.2%. How much rice (in kg) did he sell at 10% profit?

    • Options
    • A. 1400
    • B. 600
    • C. 800
    • D. 1000
    • Discuss
    • 8. The marked price of an article is 10/7 of the cost price and the selling price of that article is 4/5 of the marked price. What is the profit percentage?

    • Options
    • A. 17.24
    • B. 16.66
    • C. 14.28
    • D. 15.42
    • Discuss
    • 9. By selling a used phone for Rs.7260 Sanjan got 34% less than what it cost him to buy it a few years ago.At what price should Sanjan have sold the phone to gain a profit of 5%?

    • Options
    • A. ? 11,460
    • B. ? 11,480
    • C. ? 11,440
    • D. None
    • Discuss
    • 10. Mr. Rajesh buys a toy for Rs. 27.50 and sells it for Rs. 28.60. Find the gain %.

    • Options
    • A. 5%
    • B. 4%
    • C. 6%
    • D. 3%
    • Discuss


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