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Home Aptitude Profit and Loss Comments

  • Question
  • A wholesaler sells a jacket to a retailer at a profit of 25% and the retailer sells it to a customer at a profit of 20%. If the customer pays Rs. 2,400, what had it cost (in Rs) the wholesaler?


  • Options
  • A. 2000
  • B. 1600
  • C. 1800
  • D. 2250

  • Correct Answer
  • 1600 

  • Tags: Bank Exams

    Profit and Loss problems


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    • 1. If the loss of percent on article is 15%. Then the ratio of the cost price and sell price will be

    • Options
    • A. 17:20
    • B. 20:17
    • C. 23:15
    • D. 15:23
    • Discuss
    • 2. A contractor has got two orders A and B. On one (A) he spends Rs. 25,000 and makes a bill of Rs. 30,500. On the other (B) he makes a bill keeping a profit of 20%. Which of the two orders is more profitable to him?

    • Options
    • A. B
    • B. A
    • C. A nor B
    • D. None of the above
    • Discuss
    • 3. Loss of 20% on selling price is equal to x% loss in cost price. What is x?

    • Options
    • A. 20%
    • B. 20
    • C. 16 2/3%
    • D. 16
    • Discuss
    • 4. If the cost price of 25 pens is equal to the selling price of 20 pens, then the profit percent is

    • Options
    • A. 20%
    • B. 25%
    • C. 15%
    • D. 5%
    • Discuss
    • 5. A retailer gets a discount of 40% on the printed price of an article. The retailer sells it at the printed price. His gain percent is

    • Options
    • A. 40
    • B. 55
    • C. 66 2/3
    • D. 75
    • Discuss
    • 6. A vendor buys 6 bananas for Rs 25 and sells them at 3 for Rs 20. What is his profit percentage?

    • Options
    • A. 50
    • B. 40
    • C. 60
    • D. 30
    • Discuss
    • 7. A shopkeeper purchased 510 eggs at the rate of Rs. 20 per dozen. 30 eggs were broken on the way. In order to make a gain of 20%, he must sell the remaining eggs at the rate of

    • Options
    • A. Rs. 22.50 per dozen
    • B. Rs. 25.50 per dozen
    • C. Rs. 26 per dozen
    • D. Rs. 26.50 per dozen
    • Discuss
    • 8. A man buys 3 type-I cakes and 6 type-II cakes for Rs. 900. He sells type-I cakes at a profit of 15% and type-II cakes at a loss of 10%. If his overall profit is Rs.30, the cost price (in Rs.) of a type-I and of a type-II cakes is

    • Options
    • A. 100, 100
    • B. 160, 70
    • C. 180, 60
    • D. 120, 90
    • Discuss
    • 9. The ratio of cost price and selling price 25:26. The percent of profit will be

    • Options
    • A. 26%
    • B. 25%
    • C. 1%
    • D. 4%
    • Discuss
    • 10. A shopkeeper buys a product of Rs 150 per Kg. 15% of product was damaged. At what price (per Kg) should he sell the remaining so as to earn a profit of 20%?

    • Options
    • A. Rs. 207
    • B. Rs. 207 11/180
    • C. Rs. 211 13/17
    • D. Rs. 204 7/13
    • Discuss


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