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Home Aptitude Profit and Loss Comments

  • Question
  • If 60% discount is offered on the marked price and selling price becomes equal to cost price then what was the % mark up?


  • Options
  • A. 100
  • B. 250
  • C. 150
  • D. 40

  • Correct Answer
  • 150 

  • Tags: Bank Exams

    Profit and Loss problems


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    • 1. A grocer had 1600 kgs of wheat. He sold a part of it at 20% profit and the rest at 12% profit, so that he made a total profit of 17%. How much wheat (in kg) did he sell at 20% profit?

    • Options
    • A. 600
    • B. 1000
    • C. 800
    • D. 1200
    • Discuss
    • 2. A miner sells a diamond to a trader at a profit of 40% and the trader sells it to a customer at a profit of 25%. If the customer pays Rs 56 lakhs to buy the diamond, what had it cost the miner (in Rs lakhs)?

    • Options
    • A. 30
    • B. 28
    • C. 25
    • D. 32
    • Discuss
    • 3. A vendor buys bananas at 7 for Rs 6 and sells at 6 for Rs 7. What will be the result?

    • Options
    • A. 36.1% loss
    • B. 26.5% profit
    • C. 36.1% profit
    • D. 26.5% loss
    • Discuss
    • 4. Cost of 8 pencils, 5 pens and 3 erasers is Rs 111. Cost of 9 pencils, 6 pens and 5 erasers is Rs 130. Cost of 16 pencils, 11 pens and 3 erasers is Rs 221. What is the cost (in Rs) of 39 pencils, 26 pens and 13 erasers?

    • Options
    • A. 316
    • B. 546
    • C. 624
    • D. 482
    • Discuss
    • 5. The profit earned by a shopkeeper by selling a bucket at a gain of 8% is Rs 28 more than when he sells it at a loss of 8%. The cost price (in Rupees) of the bucket is

    • Options
    • A. 170
    • B. 190
    • C. 175
    • D. 165
    • Discuss
    • 6. If a stall sells a pizza at Rs 200 he makes 20% loss if he wants to make 10% profit then at what price (in Rs) should he sell?

    • Options
    • A. 250
    • B. 300
    • C. 275
    • D. 325
    • Discuss
    • 7. A wholesaler had 200 dozens of mangoes. He sold some of these mangoes at 20% profit and the rest at 10% profit, so that he made 13% profit on selling all the mangoes. How many mangoes (in dozens) did he sell at 20% profit?

    • Options
    • A. 140
    • B. 60
    • C. 80
    • D. 120
    • Discuss
    • 8. On a certain item profit is 120%. If the cost price increases by 10% then what will be the new profit margin (in %) if selling price remains the same?

    • Options
    • A. 50
    • B. 60
    • C. 100
    • D. 90
    • Discuss
    • 9. A shopkeeper, sold cocoa seeds at the rate Rs 1330 a kg and bears a loss of 15%. Now if he decides to sell it at Rs 1463 per kg, what will be the result?

    • Options
    • A. 13 percent loss
    • B. 6.5 percent gain
    • C. 6.5 percent loss
    • D. 13 percent gain
    • Discuss
    • 10. Profit of Rs 728000 has to be divided among three partners Amir, Balaraj and Charan in the ratio 7:5:4. How much share (in Rs) does Charan get?

    • Options
    • A. 227500
    • B. 318500
    • C. 91000
    • D. 182000
    • Discuss


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