Dear Bank Aspirants practice Quant Questions for upcoming SBI and other exams. Today's Topic is Profit and Loss, very important for SBI clerk point of view.
a) Rs. 1600
b) Rs.1250
c) Rs. 1550
d) Rs. 1660
2).A shopkeeper purchases 11 knives in Rs. 10 and sells them at the rate of 10 knives for Rs. 11. He earns a profit of
a) 11%
b) 15 %
c) 20 %
d) 21 %
3).A tradesman marks his goods at such a price that after allowing a discount of 15%, he makes a profit of 20%. What is the mared price of an article whose cost price is Rs. 170 ?
a) Rs.220
b) Rs. 200
c) Rs. 240
d) Rs. 260
4).If a shopkeeper marks the price of goods 50% more than their cost price and allows a discount of 40%, what is his gain or loss per cent ?
a) 15 % loss
b) 10% loss
c) 10% gain
d) 15% gain
5).A bought a computer system for Rs. 40000 and sold it to B at a loss of 4%. If B sold it to C for Rs. 40320, profit percent for B is
a) 3
b) 6
c) 4
d) 5
6).The difference between the selling price of a shirt sold at profits 15% and 17% is Rs. 3. Then, the cost price of the shirt is
a) Rs. 175
b) Rs. 180
c) Rs. 200
d) Rs. 150
7).A salesman expects a gain of 13% on his cost price. If in a month his sale was Rs. 791000. What was his profit ?
a) Rs. 91000
b) Rs. 97786
c) Rs. 85659
d) Rs. 88300
8).A shopkeeper sells his goods at 10% discount on the marked price. What price should he mark on an article that costs him Rs. 900 to gain 10% ?
a) Rs. 1050
b) Rs. 1100
c) Rs. 1150
d) Rs. 1000
9).After allowing a discount of 12% on the marked price of an article, it is sold for Rs. 880. Find its marked price.
a) Rs. 1100
b) Rs. 2000
c) Rs. 1000
d) Rs. 2100
10).A trader marks his goods at 20% above the cost price. If he allows a discount of 5% for cash down payment, his profit per cent for such a transaction is
a) 15
b) 12
c) 14
d) 17
Answers:
1). a)
2). d)
3). c)
4). b)
5). d)
6). d)
7). a)
8). b)
9). c)
10). c)
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