Profit and loss For SBI PO Set – 10

1) An article was purchased for Rs. 78, 350. Its price was marked up by 30%.It was told at a discount of 20% on the marked up price. What was the profit percent on the cost price?

a) 4%

b) 7%

c) 5%

d) 3%

e) 6%

Click Here to View Answer

2) A man purchased 30 kg of rice at the rate of Rs. 17.5. per kg and another 30 kg rice at a certain rate. He mix the two and sold the entire quantity at the rate of Rs. 18.60/kg and made 20%overall profit.At what Price per kg did he purchased the lot of another 30 kg rice

a) 12.5

b) 14.5

c) 13

d) 13.5

e) None of these

Click Here to View Answer

3) A man bought an article and sold it at a gain of 5 %. If he had bought it at 5% less and sold it for Re 1 less, he would have made a profit of 10%. The C.P. of the article was

a) Rs 100

b) Rs 150

c) Rs 200

d) Rs 250

e) None of these

Click Here to View Answer

4) A man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be.

a) 130%

b) 140%

c) 150%

d) 160%

e) None of these

Click Here to View Answer

5) A merchant earns a profit of 20% by selling a basket containing 80 apples whose cost is Rs. 240 but he gives one-fourth of it to his friend at cost price and sells the remaining apples. In order to earn the same profit, at what price must he sell each apple?

a) Rs. 3.00

b) Rs. 3.60

c) Rs. 3.80

d) Rs. 4.80

e) None of these

Click Here to View Answer

6) A fruit seller purchases oranges at the rate of 3 for Rs 5 and sails them at 2 for Rs 4. His profit in the transaction is.

a) 10 %

b) 20 %

c) 15 %

d) 25 %

Click Here to View Answer

7) Profit after selling a commodity for Rs.524 is the same as loss after selling it for Rs. 452. The cost price of the commodity is

a) Rs. 480

b) Rs.500

c) Rs. 488

d) XRs. 485

Click Here to View Answer

8) A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is

a) 99 : 125

b) 25 : 37

c) 50 : 61

d) 45 : 56

Click Here to View Answer

9) A retailer purchases a grinder at a discount of 15% and sells it for  Rs.1955 at a profit of 15%. The amount of discount received by the retailer from the wholesaler was

a) Rs.270
b) Rs.290
c) Rs.300
d) Rs.330

Click Here to View Answer

10) An article is sold at a discount of 20% and additional discount of 30% is allowed on cash payment. If Vidya purchased the article paying 2240 in cash, the marked price of the article was

a) Rs.4000

b) Rs.4368

c) Rs.4400

d) Rs.4480

Click Here to View Answer

Share your knowledge with your Friends: