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Home Aptitude Profit and Loss Comments

  • Question
  • A man purchased a bullock and a cart for Rs 1800. He sold the bullock at a profit of 20% and the cart at a profit of 30%.His total profit was 155/6 %. Find the cost price of bullock.


  • Options
  • A. Rs 650
  • B. Rs 750
  • C. Rs 900
  • D. Rs 800

  • Correct Answer
  • Rs 750 

    Explanation

    CP of bullock and cart = 1800

    Let price of bullock be x and cart be (1800 ?x)

    SP of bullock and cart = 1800 + 155/6 X 1800 = 2265

    Also, 1.2x + 1.3 (1800 ?x) = 2265

    ?1.2x ?1.3x = -75

    ?x = 750

  • Tags: Bank Exams

    Profit and Loss problems


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    • 1. In a business, A invested 1200 rs. more than B. B invested his amount for 15 months while A invested for 4 months more than that of B. If total profit was 1240 rs. in which the profit of B is 280 Rs. less than that if A. then what was the invested amount of A?

    • Options
    • A. 6000
    • B. 7000
    • C. 5000
    • D. 8000
    • Discuss
    • 2. I gain 19% if I sell an article for Rs. 595. What would be my gain or loss percentage if I sell it for Rs. 475?

    • Options
    • A. Gain 5%
    • B. Loss 5%
    • C. Loss 10%
    • D. Gain 10%
    • Discuss
    • 3. The annual salary of Arun is 7.68 lac. If he spends Rs. 12000 on his children, 1/13th of rest of the salary on food and Rs. 8000 in mutual funds, then find the monthly saving he is left with?

    • Options
    • A. Rs. 38000/-
    • B. Rs. 39500/-
    • C. Rs. 40000/-
    • D. Rs. 41250/-
    • Discuss
    • 4. Ravi sold a smartphone for Rs. 30,000. Had he offered a discount of 10% on the selling price(SP), he would have earned a profit of 35%. What is the cost price?

    • Options
    • A. Rs. 20,000
    • B. Rs. 22,000
    • C. Rs. 24,000
    • D. Rs. 26,000
    • Discuss
    • 5. A shopkeeper by selling 20 Timex watches, earns a profit equal to the selling price of 4 Timex watches. His profit percentage is

    • Options
    • A. 20 percent
    • B. 25 percent
    • C. 30 percent
    • D. 50 percent
    • Discuss
    • 6. A home theatre set is Rs. 4950. If two successive discounts of 20% and 15% are given, then its selling price is

    • Options
    • A. Rs.3366
    • B. Rs.6633
    • C. Rs.3636
    • D. Rs.6363
    • Discuss
    • 7. If the ratio of cost price and selling price is 4 : 5 ,then the percentage of profit will be

    • Options
    • A. 20
    • B. 0.1
    • C. 10
    • D. 25
    • Discuss
    • 8. An item is sold at two successive gains of 30% and 20%. If the final selling price is Rs 31200, then what is the cost price (in Rs)?

    • Options
    • A. 15000
    • B. 20000
    • C. 22250
    • D. 24000
    • Discuss
    • 9. The cost price of 25 books is equal to the selling price of 20 books. The profit percent is

    • Options
    • A. 20%
    • B. 22%
    • C. 24%
    • D. 25%
    • Discuss
    • 10. The shopkeepers announce the same price of Rs. 700 for a sewing machine. The first offers successive discounts of 30% and 6% while the second offers successive discounts of 20% and 16%. The difference in their selling price is

    • Options
    • A. Rs. 9.8
    • B. Rs. 16.8
    • C. Rs. 22.4
    • D. Rs. 36.4
    • Discuss


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