Profit and Loss

May 18, 2019 | Author: SanjuSanjay | Category: Prices, Percentage, Sales, Discounts And Allowances, Profit (Accounting)
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Bank PO previous years problems...

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29.A discount trader marks up his goods by 80% and gives discount of 25%. Besides he gets 20% more amount per kg from wholesaler and sells 10% less per kg to customer. What is the overall profit percentage? 28.A man buys two cows for rs. 5000 each. One is sold at profit of 10% and the other he sold at a loss of 5%. Find his profit or loss percent in the whole transaction 27.A man sells 3 articles first at a profit of 20%, second at a loss of 10% and the third at 25% loss. During the whole transaction he bear's a loss of Rs 60. Find the C.P of each article if their S.P are same. [1h 27m 40s] a) 180, 120, 160 b) 180,240,288 c) 180,280,250 d) 180,120,300. 26.A person bought two bicycle for rs 1600 and sold the first at 10% profit and the second at 20% profit. If he sold first at 20% profit and second 10% profit, he would get 5 rs more. Find the difference in the cost price of two bicycle 25.An article sold at 20% profit. If its CP & SP are less by Rs. 10 & 5 resp., the percentage profit increase by 10%. Find CP 24.A shopkeeper reduces the price of his goods by 50% at the time of sale. Initially the price was fixed to get a profit of 25% on selling price after allowing 10% cash discount. Find out his approximate percentage of profit or loss 23.A Fruit seller buys some oranges at the rate of 4 for 10. He sells the whole lot at 9 for 20. What is his loss or gain percent? [1h 48m 04s] a) Loss percent 1 19/81 % b) Gain percent 1 19/81% c) No loss or no Profit d) Loss percent 2% 22.A man sells 20% of his stocks at 10% profit. 50% of the remainder, he sells at 10% loss. At what % profit he must sell the remaining stock, so as to get 5% profit on the total stocks? [55m 23s] a) 22.5 b) 18.5 c) 15.5 d) 17.5 e) None 21.A horse and a carriage together cost Rs 8000.If by selling a horse at a profit of 10% and a carriage at a loss of 10%, a total profit of 2.5% is made, and then what is the cost price of the horse? [2h 06m 37s] aug6 1) 3000 2) 3500 3) 4000 4) 5000 20.The price of sugar is increased by 28%. Therefore, a family reduces its consumption so that the increment in the expenditure of sugar is only 20%. If the consumption of sugar is 15 kg before the increment, what is the consumption now? [1h 28m 30s] 1) 15 (1/16) kg 2) 22 (5/16) kg 3) 14 (3/16) kg 4) 14 1/18 kg 5) 15 1/8 kg

19.Mithilesh make 750 articles at a cost of 60 paise per article. He fixes the selling price such that if only 600 articles are sold, he would have made a profit of 40% on the outlay. However 120 articles got spoilt and he was able to sell 630 articles at this price. Find his actual profit percent as the percentage of total outlay assuming that unsold articles are useless. [56m 35s]july 1) 42% 2) 53% 3) 47% 4) 46 % 18.A dishonest milkman professes to sell his milk at cost price but he mixes it with water and thereby gains 25%. The percentage of water in the mixture is: [1h 46m 30s] a) 4% b) 6% c) 20% d) 25% 17. A shopkeeper sold a TV set for 17940 at a discount of 8% and gained 19.6%. If no discount is allowed what will be the gain percent? [1h 21m 40s] 1) 25% 2) 36.4% 3) 24.8% 4) Can't be determined 5) None of these `

16.A sold an article at 10 % loss on the cp. He had bought it at a discount of 20 % on the labeled price. What would have been the percentage loss had he bought it at the labeled price [1h 07m 56s] 15.A vendor marks up his goods 20% higher. He gave 12% discount on 1/4 of the goods and 25% on 2/5 of the goods. To get an overall profit of 2.3%.The discount given on the remaining goods by the vendor should be? 14.A trader mixes rice of two quality, cost price of which differs by Rs.6 in a certain ratio to get an average price as Rs. 12.If he mixes in the reverse ratio and sells it at Rs. 12 he earn a profit of 20%. What is the cost of expensive quantity? [1h 05m 48s] 13. A shopkeeper uses a weighing balance that shows 1,050 gm for a kg. He sold his product at 10% above the cost price. Then his net profit percentage is [1h 19m 48s] 1) 15.5 % 2) 17.25% 3) 20.5% 4) 21.75% 12.A person bought 76 cows and sold 20 cows at 15% profit, 40 cows at 19% profit and remaining 16 cows at 25% profit and got a profit of 6570 as a whole. The cost price of each cow is [54m 48s] a) 450 b) 425 c) 420 d) 400 11.A treacherous fruit vendor, while purchasing apples from the wholesaler, manages to receive 25% more apples than the quantity for which he pays. He cheats his customers as well and while selling the apples to them he delivers (50/3) % less apples than the quantity for which the customers pay. If he claims to sell the apples at their cost price, find his net profit percentage. [2h 15m 20s]JUNE

10By selling 18 articles, a shopkeeper earns the cost price of 24 articles. By what percent should he increase the selling price so that by selling 24 articles, he earns cost price of 36 articles? 9.A merchant bought some goods at a discount of 20% of the list price. He wants to mark them at such a price that he can give discount of 20% of the marked price & still make a profit of 20% of the selling price. the percent of the list price of which he should mark them is? [7m 20s]MAY31 1) 20 2) 100 3) 125 4) 80 5) none of these

8.If the marked price of an article is increased by 25% and the selling price is increased by 16.66%, then the amount of profit doubles. If the original marked price is Rs. 400 which is greater than the corresponding cost price by 33.33%, what is the increased selling price? [2h 23m 10s] 7.Veer calculates his profit percentage on the selling price , whereas Vipin calculates his profit percentage on the cost price. They find that the difference of their profits is Rs 100. If the selling price of both of them are the same and both of them get 25 % profit, find their selling price? [1h 47m 10s] 1) 1000 2) 1800 3) 1600 4) 2000 5) 1500 6.For every set of 19 kites sold, a vendor gives 1 kite extra, free of cost. In order to give a discount of 10%, the number of extra kites he should give in a sale of 27 kites to the nearest integer is [40m 20s]APRIL30 1) 3 2) 6 3) 7 4) 8 5) 9 5.If a commission of 10% is given on the marked price of a work, the publisher gains 20%. The commission is increased to 15%, the gain percent is: [48m 20s] 4.A shopkeeper increases the original selling price of an item to it’s twice. If the initial gain percentage is given as 9%, what is the new gain percent? [1h 45m 00s] 1) 80% 2) 118% 3) 92% 4) 98% 5) None of these 3.X sells two articles for 4,000 each with no loss and no gain in the interaction. If one was sold at a gain of 25% the other is sold at a loss of [2h 23m 20s] 1) 25% 2) 18 29% 3) 16 23% 4) 20% `

2.Raju sells sweets at 15 rupees per kg. A sweet is made up of flour and sugar in the ratio 5:3. The ratio of prices of sugar and flour is 7:3. He earned 66 2/3 % profit. Find the cost price of sugar. [1h 48m 22s] 1.P calculates his profit percent on cost price while Q calculates his profit percent on selling price. The difference between Q’s and P’s profit is Rs 600. If selling price of both P and Q are same and P gets 20% profit and Q gets 25% profit,

what is their selling price? [18 m: 20s] FEB27 1) 7200 2) 8600 3) 6975 4) 7500 5) 7850

2015 . A cloth merchant advertises to sell cloth at a loss of 4% but, using a false meter scale he gains 20% what is the actual length of meter scale? [44 m: 11s] A Shopkeeper labeled the price of his articles so as to earn a profit of 30% on the cost price. He then sold the articles by offering a discount of 10% on the labeled price. What is the actual percent profit earned in the deal? A shopkeeper offers a discount of 15% on the marked price and earns a profit of 19%. If the difference between the discount offered and the profit earned is 100, find the cost price of the article [8 m: 00s] An orange vendor makes 20% profit by selling oranges at certain price. If he charges Rs.1.2 higher, he would gain 40%. Find original SP of one orange. [1h: 28m] 1) Rs 5.6 2) Rs 7.2 3) Rs 4.8 4) Rs 8 5) None of these A person purchased an article and sold it at loss of 10%.If he had bought it for 20% less and sold it for Rs 55 more, he would have made a profit 40%.The cost price of the article is [24 m: 09s] 1) Rs 225 2) Rs 250 3) Rs 275 4) Rs 300 5) None of these An article is sold at 20% profit. If its CP and SP are less by Rs 10 and Rs 5 respectively, the percentage profit increases by 10%.Find the cost price. [34m: 18s]

Aditya bought a pen at 70% of the listed price. He sold it for Rs 350/- which was 20% more than the price he had bought for. What was the listed price? [36m: 04s] 1) 315.88 2) 320.48 3) 416.66 4) 461.66 When the price of chair was reduced by 40%, the number of chairs sold increased by 80%, what was the effect on the sales rupees? [48 m: 17s] 1) 8% increase 2) 10% increase 3) 8% decrease 4) 10% decrease 5) None of these .A person purchased an article and sold it at loss of 10%. if he had bought it for 20% less and sold it for Rs 55 more , he would have made a profit 40%. The cost prize of the article is? [2 h: 12m] . The ratio of selling price of 3 articles A, B and C is 8:9:5 and the ratio of percentage profit is 8:7:14 respectively. If the profit percentage of A is 14.28%

and the cost price of B is Rs 400, what is the overall percentage gain? [1 h: 36m] 1) 14.28% 2) 14.87% 3) 16.66% 4) None If a commission 0f 10% is given on MP of book, the publisher gains 20% if the commission is increase to 15% the gain % is? [2 h: 02m] A reduction of 21% in price of wheat enables a person to buy 10.5 kg more for Rs. 100. What is the reduced price per kg? [2 h: 13m] .Due to an increase of 30% in the price of eggs, 3 eggs less are available for Rs. 9.10. The present rate per egg is: [2 h: 22m] 1) 91 paise 2) 78 paise 3) 48 paise 4) 84 paise Cp of 12 articles is equal to SP of 9 articles. Profit on 5 articles is equal to discount on 10 articles. Find the Markup % and Discount % [32 m: 06s]MAY Cost price of 12 apples is equal to selling price of 9 apples and discount on 10 apples is equal to profit on 5 apple. What is the percentage difference between profit % and discount % [1h: 51m] .A bakery bakes cake with expectation that it will earn a profit of 40% by selling each cake at marked price. But during the delivery to showroom 16% of the cakes were completely damaged and hence could not be sold. 24% of the cakes were slightly damaged and hence could be sold at 80% of the cost price. The remaining 60% of the cakes were sold at marked price. What is the percentage profit in the whole consignment? [2 h: 04m] The price of sugar having gone down by 10%,Sharad can buy 6.2kg more for Rs 279.The difference between the original and reduced price (per kg)is: [20 m: 56s] 1) 8.64 2) 8.88 3) 9.36 4) 10.40JUNE A book seller sells a book at a profit of 10%.If he had bought it at 4% less and sold it for a 6 p more; he would have gained 183/4%. What did it cost him? [51m: 42s] Mr.X, a business man had the income in the year 2000, such that he earned a profit of 20% on his investment in the business. In the year 2001, his investment was less by Rs.5000 but still had the same income (Income= Investment + profit) as that in 2000.Thus, the percent profit earned in 2001 increased by 6% what was his investment in 2000? [1 h: 13m] A shopkeeper sold 12 cameras at a profit of 20% and 8 cameras at a profit of 10%. If he had sold all the 20 cameras at a profit of 15%, then his profit would have been reduced by Rs 36. What is the cost prize of each camera? [46 m: 50s] 1) 100 2) 150 3)180 4) 220JULY

If a commission of 10 % is given on the MP of a book, the publisher gains 20%.If the commission is increased to 15%, the gain of publisher is? [57 m: 18s] 1) 13.33% 2) 15% 3) 18% 4) data insufficient A tradesman gives 45 discounts on the marked price and gives 1 article free for buying every 15 articles and thus gains 35%.the marked price is above the cost price by? [1h: 51m] Anitha is offered a discount of 20% and a DVD player worth Rs. 3500 free with a new television set. Anitha doesn't want the DVD player and so asks the shopkeeper to deduct the price of the DVD player from the bill. But the shopkeeper deducts only 75% of the cost of the player. Anitha finally pays Rs.8975.Had the shopkeeper sold the TV at the market price, he would have made a profit of 25%.What is the percentage loss in the transaction? [34 m: 22s] The discount on a certain sum of money due at the end of 2.25 years at 2 2 3

% p.a is 78 Find the sum? [12 m: 50s] 1) 1278 2) 1378 3) 1400 4) 1300 5) None of these A cloth merchant says that due to slump in the market, he sells the cloth at 10% loss but he uses a false meter scale and actually gains 15%. Find the actual length of scale. [57 m: 56s] 9. Abhishek purchased 140 shirts and 250 trousers at the rate of Rs. 450 and Rs. 550 respectively. What should be the overall average selling price of shirts and trousers so that 40% profit is earned? [1 h: 19m] Hemant wants to purchase a Nokia mobile handset. The shopkeeper told him to pay 28% tax if he asked for the bill. Hemant managed to get a discount of 6% on the actual price (without tax) of the mobile and paid to the shopkeeper Rs/7191.In doing so, he managed to avoid to pay the 28% tax. What is the amount of discount that he has received on the selling price (inclusive of tax)? [1 h: 33m] 1) 2195 2) 2061 3) 1738 4) 3285 5) 3823

A man buys rice for Rs. 2500. He sells 2/5 of it at a profit of 10% at what percent loss should he sell remaining 3/5. So as to make no profit on loss on the whole transaction? [1 h: 17m] 1) 6 2/3% 2) 5 3/4% 3) 4 1/3% 4) 6 1/3%

A shopkeeper sells notebooks at the rate of RS 45 each and earns a commission of 4%. He also sells pencil boxes at the rate of Rs 80 each and earns a commission of 20%.How much amount of commission will he earn in 2 weeks if he sells 10 notebooks and 6 pencil boxes a day? (My doubt is should the commission percentages 4 and 20 multiplied by 14? for 2 weeks [3 m: 00s]

1) 1956 2) 1586 3) 1596 4) 1596 5) None of these .By selling 90 bananas for Rs.160 a fruit vendor losses 20%.how many bananas should he sell for Rs.96 to gain 20%? [1h: 02m] .A trader sold 20% of his articles at 10% profit and 50% of the remaining articles at 10% less. What should be the rate of profit for sale of the left articles in order that the trader may make an overall profit of 15%? [1 h: 04m] A man buys some mangoes @ 9 for a rupee and an equal number @ 7 for a rupee. After that, he sells them @ 8 for a rupee. His gain or loss percent is? [2h: 36m] The price of ghee is increased by 32%. Therefore, a family reduces its consumption, so that the increment in price of ghee is only 10%. If consumption of ghee is 10 kg before the increment, then what is the consumption now? [1 h: 01m] 1) 8(1/3) kg 2) 8(1/8) kg 3) 8(1/8) kg 4) 9(1/7) kg 5) None Kriti bought an article with 15% discount on the selling price. If the cost of the article after discount was Rs. 408 what is the original selling price of the article? [11m: 40s] 1) Rs.460 2) Rs.490 3) Rs.440 4) Rs.500 5) None of these A man bought two horses at rs.4000 each. He sold one horse at 15% gain, but had to sell the second horse at a loss. If he had suffered a loss of rs.3600 on the whole transaction, then the selling price of the second horse is [1 h:09m] 1) 30000 2) 30200 3) 30300 4) 30400 A shopkeeper buys a thing rs.2400 and he decided the marked price in such a way that after giving 10% discount on marked price, he can earn 20% profit. but at the time of billing ha gave 10% discount on selling price instead of marked price find the difference between both discounts? [2h: 09m] 1) 22 2) 36 3) 30 4) 32 An article is sold at 25% profit if its CP and SP are more by Rs.20 and Rs.4 respectively, the percentage of profit decreases by 15%. Find the cost price .end [30m 33s] The marked price of a CD player is increased by 15% and a discount of 10% is allowed. In this way the dealer gains an extra profit of Rs. 231. If the originally marked price is 10% more than the cost price finds the cost price of the CD player? 1) 6000 2) 6500 3) 5600 4) 4000 [2 h 00m]

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