Profit and Loss For SBI PO Set – 4
Profit and Loss For SBI PO Set – 4
1) 21 articles were bought for Rs. 6531 and sold for Rs. 9954. How much was the approximate profit percentage per article?
a) 56%
b) 43%
c) 52%
d) 49%
e) 61% Explanation Cost price of 21 things=Rs.6531 Selling price of 21 thing=Rs.9954 Profit on 1 thing= (475-311)=Rs.163
2) The cost price of an article is Rs. 480. If it is to be sold at a profit of 6.25 percent, how much would be its selling price?
a) Rs. 510
b) Rs. 530
c) Rs. 503
d) Rs. 519
e) None of these Explanation Cost price=480
3) The cost of 3 digital cameras and 5 cell phones is Rs. 35,290. What is the cost of 9 digital cameras and 15 cell phones?
a) Rs. 1,05,870
b) Rs. 8,46,960
c) Rs. 1,76,450
d) Cannot be determined
e) None of these
4) 17 articles were bought for Rs. 3,910 and sold for Rs. 4,590. How much was the approximate profit percentage per article?
a) 17%
b) 12%
c) 9%
d) 21%
e) 25% Explanation =Rs.17%
5) The owner of a computer shop charges his customer 13% more than the cost price. If a customer paid Rs. 15,933 for a computer, then what was the cost price of the computer?
a) Rs. 14,100
b) Rs. 16,500
c) Rs. 12,700
d) Rs. 18,200
e) None of these Explanation Let cost price of the computer is x. Then = 15933 113x = 15933×100 = 1593300
x+13x/100
6) The owner of an electronics shop charges his customer 22% more than the cost price. If a customer paid Rs. 10,980 for a DVD player, then what was the cost price of the DVD player?
a) Rs. 8,000
b) Rs. 8,800
c) Rs. 9,500
d) Rs. 9,200
e) Explanation Selling price=Rs.10980 C.P+22% C.P=10980 122%=10980 =Rs.9000 
7) Savita sold an item for Rs. 6,500 and incurring a loss of 20%. At what price should she have sold the item to have gained a profit of 20%?
a) Rs. 10,375
b) Rs. 9,750
c) Rs. 8,125
d) Cannot be determined
e) None of these Explanation = Rs. 8125
8) A shopkeeper sold some articles at the rate of Rs. 35 per article and earned a profit of 40%. At what price each article should have been sold so that 60% profit was earned?
a) Rs. 45
b) Rs. 42
c) Rs. 39
d) Rs. 40
e) None of these Explanation Selling price=140% of cost price To set a profit of 60% the selling price=15+25=Rs.40 
9) A shopkeeper purchased 200 bulbs for Rs. 10 each. However, 5 bulbs were fused and had to be thrown away. The remaining were sold at Rs. 12 each. What will be the percentage profit?
a) 25
b) 15
c) 13
d) 17
e) None of these Explanation 200 bulbs at Rs.10=2000 5 bulbs defective 195 bulbs sold at 12 Selling price=195×12=2340 Profit=2340-2000=340
10) Ranjeet purchased an item for Rs. 3,500 and sold it at the loss of 25%. From that amount he purchased another item and sold it at the gain of 20%. What is his overall gain/loss?
a) Loss of Rs. 240
b) Gain of Rs. 120
c) Loss of Rs. 350
d) Neither gain nor loss
e) None of these
