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Home Aptitude Profit and Loss Comments

  • Question
  • A trader had 6 quintals of wheat. He sold a part of it at 7% profit and the rest at 17% profit, so that he made a total profit of 11%. How much wheat did he sell at 17% profit?


  • Options
  • A. 360 kg
  • B. 240 kg
  • C. 120 kg
  • D. 480 kg

  • Correct Answer
  • 240 kg 

  • Tags: Bank Exams

    Profit and Loss problems


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    • 1. Rajeev sells a machine for Rs 55 lakhs at a loss. Had he sold it for Rs 67 lakh, his gain would have been 5 times the former loss. Find the cost price of the machine.

    • Options
    • A. Rs 65 lakhs
    • B. Rs 57 lakhs
    • C. Rs 78 lakhs
    • D. Rs 49 lakhs
    • Discuss
    • 2. Mohit sells a table at a profit of 25%. If he reduces its selling price by Rs 240, then he suffers a loss of 5%. What was the initial selling price (in Rs) of the table?

    • Options
    • A. 800
    • B. 1000
    • C. 1040
    • D. 1120
    • Discuss
    • 3. A trader allowed a discount of 15% on a trolley bag having list price of Rs 1360 and earns a profit of 15.6%. What is the cost price (in Rs) of the trolley bag?

    • Options
    • A. 1000
    • B. 1005
    • C. 1050
    • D. 1156
    • Discuss
    • 4. The marked price of an article is 40% more than its cost price. If 15% discount is given on the marked price, then what will be the profit percentage?

    • Options
    • A. 25
    • B. 15
    • C. 21
    • D. 19
    • Discuss
    • 5. If the profit is 20%, then what will be the ratio of cost price to selling price respectively?

    • Options
    • A. 4 : 5
    • B. 5 : 6
    • C. 2 : 5
    • D. 3 : 4
    • Discuss
    • 6. Raheem sells a machine for Rs 48 lakhs at a loss. Had he sold it for Rs 60 lakh, his gain would have been 5 times the former loss. Find the cost price of the machine.

    • Options
    • A. Rs 58 lakhs
    • B. Rs 69.6 lakhs
    • C. Rs 42 lakhs
    • D. Rs 50 lakhs
    • Discuss
    • 7. If the selling price of 40 articles is equal to the cost price of 50 articles, the loss or gain percent is

    • Options
    • A. 25% gain
    • B. 20% gain
    • C. 25% loss
    • D. 20% loss
    • Discuss
    • 8. When a discount of 20% is given on an African safari ticket, the profit is 43%. If the discount is 28%, then the profit is

    • Options
    • A. 71 percent
    • B. 113.3 percent
    • C. 13.6 percent
    • D. 28.7 percent
    • Discuss
    • 9. A shopkeeper, sold dried apricots at the rate Rs 1210 a kg and bears a loss of 12%. Now if he decides to sell it at Rs 1331 per kg, what will be the result?

    • Options
    • A. 6.4 percent loss
    • B. 3.2 percent gain
    • C. 6.4 percent gain
    • D. 3.2 percent loss
    • Discuss
    • 10. When a discount of 20% is given on a movie ticket, the profit is 34%. If the discount is 15%, then the profit is

    • Options
    • A. 49 percent
    • B. 42.375 percent
    • C. 55.625 percent
    • D. 35.75 percent
    • Discuss


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