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Home Aptitude Profit and Loss Comments

  • Question
  • If the rice is sold at Rs 56 per kg, there would be a 40% loss. To earn a profit of 20% what should be the price of rice (per kg)?


  • Options
  • A. 112
  • B. 108
  • C. 116
  • D. 124

  • Correct Answer
  • 112 

  • Tags: Bank Exams

    Profit and Loss problems


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    • 1. A shopkeeper offers 2.5% discount on cash purchases . What cash amount would Rohit pay for a cycle , the marked price of which is Rs.3600 ?

    • Options
    • A. Rs. 3490
    • B. Rs. 3500
    • C. Rs. 3510
    • D. Rs. 3520
    • Discuss
    • 2. A person bought pens at 25 for a rupee and sold at 15 for a rupee. What is his profit percentage?

    • Options
    • A. 16 2/3
    • B. 33 1/3
    • C. 40
    • D. 66.6
    • Discuss
    • 3. The marked price of an article is 20% more than its cost price. If 5% discount is given on the marked price, then what is the profit percentage?

    • Options
    • A. 5
    • B. 14
    • C. 15
    • D. 25
    • Discuss
    • 4. Amit donated 20% of his income to a school and deposited 20% of the remainder in his bank. If he is having Rs 12800 now, then what is the income (in Rs) of Amit?

    • Options
    • A. 18000
    • B. 20000
    • C. 24000
    • D. 32000
    • Discuss
    • 5. A trader sold an article at profit of 20%. Had he bought that article at 60% less price and sold it at Rs 90 less, then he would have gained 50%. What is the value (in Rs) of cost price?

    • Options
    • A. 150
    • B. 200
    • C. 250
    • D. 300
    • Discuss
    • 6. The marked price of a chair is Rs 550 and a discount of 20% is given on it. What is the selling price (in Rs)?

    • Options
    • A. 440
    • B. 430
    • C. 470
    • D. 390
    • Discuss
    • 7. A trader sells two items at the rate of Rs 400 each. If he gains 15% on one and losses 15% on other, then what is the value (in Rs) of loss ?

    • Options
    • A. 18.41
    • B. 22.14
    • C. 20.25
    • D. 24.36
    • Discuss
    • 8. If an article is sold at a gain of 6% instead of a loss of 6% the seller gets Rs. 6 more. What is the cost price of the article?

    • Options
    • A. Rs. 18
    • B. Rs. 36
    • C. Rs. 42
    • D. Rs. 50
    • Discuss
    • 9. A vendor buys bananas at 12 for Rs 50 and sells at 5 for Rs 40. What will be the gain (in %)?

    • Options
    • A. 82
    • B. 72
    • C. 92
    • D. 62
    • Discuss
    • 10. Mahesh buys a watch of Rs 300 and sells it. Mahesh gives two successive discount of 15% and 6% to the buyer. What will be the selling price (in Rs) ofthe watch?

    • Options
    • A. 213.4
    • B. 242.3
    • C. 239.7
    • D. 247.4
    • Discuss


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