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Home Aptitude Profit and Loss Comments

  • Question
  • 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

  • Correct Answer
  • loses 1% 

  • Tags: Bank Exams

    Profit and Loss problems


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    • 1. 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
    • 2. 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
    • 3. 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
    • 4. 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
    • 5. 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
    • 6. 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
    • 7. 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
    • 8. If a merchant offers a discount of 4% on the list price, then she makes a loss of 10%. What % profit or % loss will she make if she sells at a discount of 20% of the list price?

    • Options
    • A. 25 percent loss
    • B. 4 percent loss
    • C. 50 percent profit
    • D. 26 percent profit
    • Discuss
    • 9. A vendor buys pens at the rate of 4 for Rs 5 and sells at the rate of 4 for Rs 3. What will be the result?

    • Options
    • A. 40 percent gain
    • B. 66.6 percent loss
    • C. 66.66 percent gain
    • D. 40 percent loss
    • Discuss
    • 10. A milkman buys milk at Rs 24 per litre. He adds 1/5 of water to it and sells the mixture at Rs 32 per litre. What will be his gain (in %)?

    • Options
    • A. 50
    • B. 40
    • C. 30
    • D. 60
    • Discuss


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