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Home Aptitude Profit and Loss Comments

  • Question
  • 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

  • Correct Answer
  • 239.7 

  • Tags: Bank Exams

    Profit and Loss problems


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    • 1. 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
    • 2. 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
    • 3. 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
    • 4. 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
    • 5. 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
    • Discuss
    • 6. If a merchant offers a discount of 30% on the list price, then he makes a loss of 16%. What % profit or % loss will he make if he sells at a discount of 20% of the list price?

    • Options
    • A. 14 percent profit
    • B. 4 percent loss
    • C. 26 percent profit
    • D. 8 percent profit
    • Discuss
    • 7. Raj sells a machine for Rs 51 lakhs at a loss. Had he sold it for Rs 60 lakh, his gain would have been 8 times the earlier loss. What is the cost price of the machine?

    • Options
    • A. Rs 59 lakhs
    • B. Rs 52 lakhs
    • C. Rs 66.375 lakhs
    • D. Rs 45 lakhs
    • Discuss
    • 8. The marked price is 10% higher than the cost price . A discount of 10% is given to the marked price . In this kind of sale the seller

    • Options
    • A. bears no gain , no loss
    • B. gains
    • C. loses 1%
    • D. None of these
    • Discuss
    • 9. By selling cloth at Rs. 9 per metre , a shopkeeper loses 10% . Find the rate at which it should be sold so as to earn profit of 15%

    • Options
    • A. Rs.11.20
    • B. Rs.11.30
    • C. Rs.11.40
    • D. Rs.11.50
    • Discuss
    • 10. A shopkeeper, sold almonds at the rate Rs 1250 per kg and bears a loss of 7%. Now if he decides to sell it at Rs 1375 per kg, what will be the result?

    • Options
    • A. 4.6 percent gain
    • B. 2.3 percent loss
    • C. 2.3 percent gain
    • D. 4.6 percent loss
    • Discuss


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