Profit and Loss problems
- 1. If a vendor sells a coconut at Rs 24 he makes 20% loss. If he sells at Rs 36 then what is his profit percentage?
Options- A. 10
- B. 20
- C. 30
- D. 40 Also asked in: Bank Exams
Correct Answer: 20
- 2. If a wholesaler, sells a tin of coffee at Rs 528 he faces a loss of 12%. Now if he decides to sell it at Rs 636, what will be the profit (in %)?
Options- A. 7
- B. 5
- C. 6
- D. 4 Also asked in: Bank Exams
Correct Answer: 6
- 3. A trader had 1200 kgs of rice. He sold a part of it at 5% profit and the rest at 11% profit, so that he made a total profit of 7%. How much (in kg) wheat did he sell at 5% profit?
Options- A. 900
- B. 600
- C. 400
- D. 800 Also asked in: Bank Exams
Correct Answer: 800
- 4. If a saree is sold for Rs 1900 the seller will face 5% loss, at what price (in Rs) should he sell the saree to gain 15% profit?
Options- A. 2200
- B. 2400
- C. 2500
- D. 2300 Also asked in: Bank Exams
Correct Answer: 2300
- 5. A shopkeeper by selling 21 items earns a profit equal to the selling price of 1 item. What is his profit percentage?
Options- A. 5.5
- B. 2.2
- C. 2
- D. 5 Also asked in: Bank Exams
Correct Answer: 5
- 6. A trader had 630 kgs of rice. He sold a part of it at 15% profit and the rest at 8% profit, so that he made a total profit of 12%. How much rice (in kgs) did he sell at 8% profit?
Options- A. 270
- B. 300
- C. 280
- D. 290 Also asked in: Bank Exams
Correct Answer: 270
- 7. A book seller allowed 10% discount on printed price. He gets 30% commission from publisher. His profit in percent will be
Options- A. 20
- B. 28 4/7
- C. 25
- D. 26 3/7 Also asked in: Bank Exams
Correct Answer: 28 4/7
- 8. A shopkeeper increases the price of an object by 40% and then sells it at 25% discount on the marked price. If the selling price of such an object be Rs. 2100, its cost price for the shopkeeper was ?
Options- A. 3000
- B. 1500
- C. 1750
- D. 2000 Also asked in: Bank Exams
Correct Answer: 2000
- 9. By what fraction selling price (S.P.) must be multiplied to get the cost price (C.P.) if the loss is 20% ?
Options- A. 4/5
- B. 8/5
- C. 5/4
- D. 6/5 Also asked in: Bank Exams
Correct Answer: 5/4
- 10. Ramesh sold a book at a loss of 30%. If he had sold it for Rs. 140 more, he would have made a profit of 40%. The cost price of the book is
Options- A. Rs. 280
- B. Rs. 200
- C. Rs. 260
- D. Rs. 300 Also asked in: Bank Exams
Correct Answer: Rs. 200
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