Profit and Loss problems
- 1. 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 Also asked in: Bank Exams
Correct Answer: 60
- 2. If a wholesaler, sells a box of chocolates at Rs 960 he gains 20%. Now if he decides to sell it at Rs 1120, what is his profit percentage?
Options- A. 30
- B. 40
- C. 50
- D. 60 Also asked in: Bank Exams
Correct Answer: 40
- 3. Selling price of a fan is Rs 4644. If profit percentage is 29%, then what is the cost price (in Rs) of fan?
Options- A. 5900
- B. 3500
- C. 3800
- D. 3600 Also asked in: Bank Exams
Correct Answer: 3600
- 4. A man bought 25 crates of oranges for Rs. 10,000. He lost 5 crates. In order to earn a total profit of 25% of the total cost, he would have to sell each of the remaining crates at
Options- A. Rs.650
- B. Rs. 625
- C. Rs. 600
- D. Rs. 575 Also asked in: Bank Exams
Correct Answer: Rs. 625
- 5. A dishonest shopkeeper professes to sell goods at his cost price but uses a false weight of 950 gms, for each kilogram. His gain percentage is
Options- A. 100/23%
- B. 100/19%
- C. 100/17%
- D. 100/21% Also asked in: Bank Exams
Correct Answer: 100/19%
- 6. A dishonest dealer professes to sell his goods at cost price but uses a weight of 875 gms for the kilogram weight. His gain in percentage is
Options- A. 17%
- B. 14 5/7%
- C. 14 2/7%
- D. 14% Also asked in: Bank Exams
Correct Answer: 14 2/7%
- 7. A shopkeeper marks his goods 50% more than the cost price and allows a discount of 25%. His profit or loss percentage is:
Options- A. 37.5%
- B. 25.5%
- C. 12.5%
- D. 25% Also asked in: Bank Exams
Correct Answer: 12.5%
- 8. If 10% loss is made on selling price, then the rate of loss on the cost price will be
Options- A. 11 1/9%
- B. 9 1/11%
- C. 10%
- D. 11% Also asked in: Bank Exams
Correct Answer: 11 1/9%
- 9. Dealer purchased an article for Rs. 900 and fixes the list price in such a way that he gains 20% after allowing 10% discount, then the list price is
Options- A. Rs.1180
- B. Rs.1080
- C. Rs.1200
- D. Rs.1100 Also asked in: Bank Exams
Correct Answer: Rs.1200
- 10. Cost price of 28 articles is equal to Sale price of 21 articles, then percentage of profit is
Options- A. 12%
- B. 33 1?3 %
- C. 20%
- D. 22% Also asked in: Bank Exams
Correct Answer: 33 1?3 %
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