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Home Aptitude Profit and Loss Comments

  • Question
  • 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

  • Correct Answer
  • Rs. 211 13/17 

  • Tags: Bank Exams

    Profit and Loss problems


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    • 1. 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
    • 2. 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
    • 3. 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
    • 4. 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
    • 5. 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
    • Discuss
    • 6. Mr. Kapur purchased two toy cycles for Rs 750 each. He sold these cycles, gaining 6% on one and losing 4% on the other. The gain or loss percent in the whole transaction is

    • Options
    • A. 1% loss
    • B. 1% gain
    • C. 1.5% loss
    • D. 1.5 gain
    • Discuss
    • 7. A man bought 500 metres of electronic wire at 50 paise per metre. He sold 50% of it at a profit of 5%. At what percent should he sell the remainder so as to gain 10% on the whole transaction?

    • Options
    • A. 13%
    • B. 12.5%
    • C. 15%
    • D. 20%
    • Discuss
    • 8. A used two-wheeler dealer sells a scooter for Rs 46,000 and makes some loss. If he had sold it for Rs 58,000 his profit would have been double his loss. What was the cost price (in Rs) of the scooter?

    • Options
    • A. 52000
    • B. 54000
    • C. 48000
    • D. 50000
    • Discuss
    • 9. A dishonest milkman buys milk at Rs 24 per litre and adds 1/3 of water to it and sells the mixture at Rs 32 per litre. What is his gain?

    • Options
    • A. 33.33 percent
    • B. 50 Percent
    • C. 77.78 percent
    • D. 66.67 percent
    • Discuss
    • 10. A used car dealer sells a car for Rs 7.6 lakhs and makes some loss. If he had sold it for Rs 9.2 lakhs his profit would have been thrice his loss. What was the cost price of the car (in Rs lakhs)?

    • Options
    • A. 8.5
    • B. 8.75
    • C. 8.25
    • D. 8
    • Discuss


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