IPPB Scale I & IBPS SO 2017 - Practice Quantitative Aptitude Questions (Profit and Loss) Set-92:
Dear Readers, Important Practice Aptitude Questions for IPPB & IBPS SO Upcoming Exams was given here with Solutions. Aspirants those who are preparing for the examination can use this.
1).A retailer profess to sell his goods at cost price. If using a false weight, he still gains 25% find the weight he uses in place of 1 kg.
a) 200 g
b) 600 g
c) 750 g
d) 800 g
e) None of these
2).A milkman claims to sell milk at its cost price only, but he is making a profit of 20% since he has mixed some amount of water in the milk. What is the percentage of milk in the mixture?
a) 80%
b) (250/3)%
c) 75%
d) (200/3)%
e) None of these
3). A shopkeeper by means of his false balance defrauds his customers to the extent of 20% by purchasing the goods as well as by selling the goods. Find his net profit.
a) 36%
b) 40%
c) 44%
d) 50%
e) None of these
4). A shopkeeper by means of his false balance defrauds his customers to the extent of 10% by Purchasing the goods as well as by selling the goods. Find his net profit.
a) 22%
b) 20%
c) 21%
d) 22 (2/9)%
e) None of these
5).A shopkeeper buys some pens. If he sells them @ Rs. 13 per pen, his total loss is Rs.150 but on selling them @ Rs. 15 per pen, his total gain is Rs. 100. How many pens did he sell?
a) 100
b) 125
c) 150
d) 250
e) None of these
6). Ram buys 4 horses and 9 cows for Rs. 13,400. If he sells the horses at 10% profit and the cows at 20% profit, then he earns a total profit of Rs. 1880. The cost price of a horse is:
a) Rs. 2500
b) Rs. 3000
c) Rs. 2000
d) Rs. 1000
e) None of these
7).A shopkeeper sells an article at 15% gain. Had he sold it for Rs. 18 more, he would have gained 18%. The cost price (in Rs.)of the article is
a) 540
b) 600
c) 350
d) 318
e) None of these
8). An article is sold at a profit of 20%. If it had been sold at a profit of 25%, it would have fetched Rs. 35 more. The cost price of the article is :
a) Rs. 650
b) Rs. 700
c) Rs. 750
d) Rs. 800
e) None of these
9). An article is sold at a gain of 15%. Had it been sold for Rs. 27 more, the profit would have been 20%. The cost price of the article is
a) Rs. 500
b) Rs. 700
c) Rs. 540
d) Rs. 545
e) None of these
10).A man sold an article at a loss of 20%. If he sells the article for Rs. 12 more, he would have gained 10%. The cost price of the article is
a) Rs. 60
b) Rs. 40
c) Rs. 30
d) Rs. 22
e) None of these
1). D)Let defraud = x grams per kg. then [x / (1000 - x)] × 100 = 25 à 4 x = 1000 – x
5x = 1000 à x = 200
he uses 1000 – 200 = 800 grams for one kg.
2). C)(milk/water) = 1/5 àMilk% = (5/6) x 100 = 250/3
3). C )20 + 20 + [( 20 x 20)/100] = 44%
4). D)10 + 10+ [( 10x10) /100 =21%
5). B) Difference in sales amount due to change in selling price = Rs. 150 + Rs. 100 = Rs. 250
Difference in selling price per pen = Rs. 15 — Rs. 13 = Rs. 2
On selling 1 pen, sales amount is increased by Rs. 2 in second case.
Total pens sold = 250/2 = 125 pens
6). C) 10% of Rs. 13,400 = Rs. 1340 Difference = Rs. 1880 – Rs. 1340 = Rs. 540
Total cost of cows = Rs. 540 ÷ 10% = 5,400
Total cost of 4 horses = Rs. 13400 – Rs. 5400 = Rs. 8000
Cost price of 1 horse = Rs. 8000 ÷ 4 = Rs. 2000
7). B) Difference of two selling prices = (18 - 15)% of CP = 3% of CP = Rs. 18 (6 times 3) Cost price 6 x 100 = Rs. 600
8). B)Difference in two selling prices = 25% - 20% = 50% of cost price
Actual difference in two selling prices = Rs. 35 (i.e. 7 times 5)
Cost Price = 7 x Rs. 100 = Rs. 700
9). C) Difference = (20% —15%) of CP = 5% of CP = Rs. 27 à CP = Rs. 27 x 20 = Rs. 540
10). B)Rs. 12 = (20 + 10)% of CP = CP = 12 x( 100/30) = Rs. 40
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