Profit-Loss for IBPS Clerk Prelims 2017 (DAY18)

Q1. A shopkeeper sold a TV set for Rs. 17,940 with a discount of 8% and gained 19.6%. If no discount is allowed, then what will be his gain per cent?  

(a) 25%

(b) 26.4%

(c) 24.8%

(d) 30%

(e) None of these

Q2. If 7kg of tea of price Rs. 72/kg is blended with 33 kg of tea of Rs. 87/kg and 35 kg of Rs. 85/kg and the mixture is sold at 15% profit, then what is the selling price of the mixture?  

(a) Rs. 80.66/kg 

(b) Rs. 102.33/kg 

(c) Rs. 91.22/kg 

(d) Rs. 97.37/kg 

(e) None of these

Q3. A cash payment that will settle a bill for 250 chairs are Rs. 50 per chair less 20% and 15% with a further discount of 5% on cash payment is:  

(a) Rs. 8075

(b) Rs. 7025

(c) Rs. 8500

(d) Rs. 8000 

(e) None of these

Q4. A sold an article to B at a profit of 20% B sold the same article to C at a loss of 25% of C sold the same article to D at a profit of 40%. If D paid Rs. 252 for the article, then find how much did A pay for it? 

(a) Rs. 175

(b) Rs. 200

(c) Rs. 180

(d) Rs. 210

(e) None of these

Q5. Rohan purchased a bike for Rs. 54000. He sold it at a loss of 8 per cent. With that money he again purchased another bike and sold it at a profit of 10 per cent. What is his overall loss/profit? 

(a) Loss of Rs. 657

(b) Profit of Rs. 567 

(c) Loss of Rs. 648

(d) Profit of Rs. 648

(e) None of these

Q6. By selling an article at 80% of its marked price, a merchant makes a loss of 12% what will be the per cent profit or loss made by the merchant if he sells the article at 95% of its marked price? 

(a) 5.5% profit 

(b) 1% loss 

(c) 5% profit 

(d) 4.5 profit 

(e) None of these

Q7. What is the maximum percentage discount that a merchant can offer on her marked price so that she ends up selling at no profit or loss, if she had initially marked her goods up by 50% 

(a) 16.67%

(b) 20%

(c) 50%

(d) 33.33%

(e) None of these

Q8. A machine is sold at a profit of 10%. Had it been sold for Rs. 40 less, there would have been a loss of 10%. What was the cost price? 

(a) Rs. 175

(b) Rs. 200

(c) Rs. 225

(d) Rs. 250 

(e) None of these

Q9. Even after reducing the marked price of a transistor by Rs. 32, a shopkeeper makes a profit of 15%. If the cost price be Rs. 320, what percentage of profit would he have made if he had sold the transistor at the marked price? 

(a) 25%

(b) 20%

(c) 10%

(d) 15% 

(e) None of these

Q10. A horse and a carriage together cost Rs. 8,000. If by selling the horse at a profit of 10%, and the carriage at a loss of 10%; a total profit of 2.5% is made, then what is the cost price of the horse? 

(a) Rs. 3,000

(b) Rs. 3,500

(c) Rs. 4,000

(d) Rs. 5,000

(e) None of these

Q11. At what percentage above the cost price must an article be marked so as to gain 33% after allowing a customer a discount of 5%? 

(a) 48%

(b) 43%

(c) 40%

(d) 38%

(e) None of these

Q12. The sale price of an article including the Sales Tax is Rs. 616. The rate of Sales Tax is 10%. If the shopkeeper has made a profit of 12%, find the cost price. 

(a) Rs. 500

(b) Rs. 515

(c) Rs. 550

(d) Rs. 600

(e) None of these

Q13. A horse and a cow were sold for Rs. 12,000 each. The horse was sold at a loss of 20% and the cow at a gain of 20%. The entire transaction resulted in:  

(a) No loss or gain 

(b) Loss of Rs. 1,000

(c) Gain of Rs. 1,000

(d) Gain of Rs. 2,000

(e) None of these

Q14. A manufacture of a certain item can sell all he can produce at the selling price of Rs. 60 each. It cost him Rs. 40 in materials and labour to produce each item and he has overhead expenses of Rs. 3000 per week in order to operate the plant. The number of units he should produce and sell in order to make a profit of atleast Rs. 1000 per week, is:   

(a) 200

(b) 250

(c) 300

(d) 400

(e) None of these

Q15. Aditi bought an article and spent Rs. 110 on its repairs. She then sold it to Samir at a profit of 20% Samir sold it to vikas at a loss of 10% Vikash finally sold it for Rs. 1188 at a profit of 10%. How much did Aditi pay for the article?  

(a) Rs. 890

(b) Rs. 1000

(c) Rs. 780

(d) Rs. 840

(e) None of these

Solutions

S15. Ans.(a)
Sol. Let Aditi pay for the article = Rs. x
She spent Rs. 110 on his repair, so its total cost = Rs. (x + 110) 
Now, she sold it to Samir at a profit of 20%

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Profit-Loss for IBPS Clerk Prelims 2017 (DAY-7)

1. Anil bought some items and half of them sold at a profit of 15% to Rs. 22103, at which price should they sell the remaining items to get a total of 25% profit on all items?

a. 25,947         b. 23,528

c. 27,130         d. 24,682

e. 26,240

 2. Ramlal bought a TV for Rs. 12,500 and spent 300 rupees and 800 rupees for installation in transportation, how much should it be sold in order to earn 15% of the total profit?

a. 14,560            b. 14,375

c. 15,460            d. 15,375

e. None of these

 3. Kunal sold an item at 12% loss, if he had sold that item for more than 234 rupees, then would have got 24% profit, if the item is sold for 858 rupees, then the profit percentage will be?

a. 32%                     b. 30%

c. 25%                     d. 34%

E. 28%

4. A shopkeeper bought two items at the same price, he sold one to 30% profit, and the loss on selling the second item is one-third of the profit received on selling the first item, what would the total profit percentage of the shopkeeper be?

a. 16%                     b. 8%

c. 10%                     d. 12%

e. 9%

5. A shopkeeper has items worth Rs 6000, sells half of the items at 12% profit, and on what percentage has he sold the remaining items, so that he has a profit of 18% in the sale of the whole?

a. 25%                        b. 24%

c. 18%                        d. 21%

e. None of these

6. A vendor marks 50% more value than the face value of the purchasing value of his item, at this price he only sold one-third of the stock, half of the remaining stock is at the discount of 7.33% and the remaining half is 16.67% What is the total profit percentage of the seller sold on a discount?

a. 38%                     b. 42%

c. 29%                     d. 34%

e. 40%

7. Aman sold an item at 25% loss for 7500 rupees, and how much money should it have to sell in order to earn 25% profit?

a. 13,800                    b. 12,500

c. 11,200                    d. Cannot be determined

e. None of these

 8. If Suresh sells something for Rs 9300, then it is a loss of Rs 3100. At what price should she sell the item so that she gets 25% profit?

a. 7250 rupees                        b. 7350 rupees

c. 15650 rupees                      d. 15500 rupees

e. None of these

9. A trader sells total stock of apples at Rs 18270 and earns 45 percent profit. What is the cost value of the total stock of SEG?

a. 12600 rupees      b. 13600

c. 12650 rupees                      d. 13650

e. None of these

10. Ramesh bought one item for 6000 rupees and sold it for a loss of 20 percent. How much did he buy the second item and sold it for profit of 15 percent so that he would neither benefit nor harm in the entire transaction?

a. 7600 rupees                        b. 8600

c. 8400 rupees                        d. 8000

e. None of these

11. With 30% discount on face value on a toy, its deficit value decreases by 30 rupees. Find new sales price (in rupees)

(A) 70                                     (b) 21

(C) 130                                    (d) 100

(E) None of the above

12. A fruit seller earns a profit of 25 percent by giving 10 percent discount during the general division. At the end of the day, he gives an additional discount of 5 percent (at face value) to a customer to quickly book the remaining mangoes. Find new profit percent (approximate)?

a. 15                        b. 18

c. 21                        d. 28

e. None of these

13. A shopkeeper buy 200 items at the rate of 4 rupees per item and spent (25/2%)of the the purchase price on traffic. If he sells all the goods at a rate of 75 rupees / dozen then find the profit percentage earned by him?

a. 338/9%                                b. 342/9%

c. 350/9%                                d. 348/9%

e. None of these

14. the profit erned by selling an item for Rs 530 is 20% more than the loss incurred by selling the same item for Rs475.What should be the sales price to earn 20 percent profit?

a. 500                                      b. 700

c. 900                                      d. 600

e. None of the above

16. If the profit received after 20% discount on face value is 25%, then get the profit after 25% discount?

a. 14%                         b. 15%

c. 16%                         d. 17%

e. 18%

17. Piyush bought an article and sold it at 10% loss. If he buys this article at 20% lower price and sells it for more than 110 rupees then it would get 40% profit, then know the purchase price of the article.

a. 200                                      b. 500

c. 300                                      d. 600

e. None of these

18. A vendor sells a radio at which the profit earned is 16% more than the loss incurred by selling the same radio at Rs 500. How much should the radio be sold, with the gain earned 12%?

a. Rs. 810                b. Rs. 808

c. Rs. 728                d. Rs. 704

e. Rs. 680

19. One sells a horse for Rs.1200 and receives 1/5 of the sale price. How much would it sell for to get loss of 1/4 of the sales price?

a. Rs.768         b. Rs.850

c. Rs.775         d. Rs.948

e. Rs.800

20. A dishonest vendor claims to sell fruit at the cost price but he uses weight of 800 grams instead of 1 kg. Know the profit earned by him?

(IBPS Clerk Prelims 2016)

a. 22%                         b. 24%

c. 25%                         d. 30%

e. 20%

21. A seller marks 50% more than the purchase price on the item and 10% discount on it. When he sells the item, he falsifies the customer with 20% less weight. Find out its total profit percentage (approx)?

(IBPS PO Prelims 2016)

(A) 26%          (b) 65%

(C) 68%           (d) 72%

(e) 76%

22. A shopkeeper buys 30 kg wheat at Rs 45 per kg. He sells 40% of the total amount, at a rate of Rs 50 per kg. At what price should the remaining quantity be sold so that it has the benefit of overall 25%?

a. 54 / -            b. 52 / -

c. 50 / -            d. 60 / -

e. 56 / -

23. A space research company wants to sell its two products, A and B. If Product A is sold at 20% loss and Product B is 30% on profit. The company will not have any harm. If product A is 15% on loss and Product B is 15% on profit. The company will have a loss of Rs 6 million in the deal. How much does the product B cost?

(A) 140 million rupees           (b) 120 million rupees

(C) 100 million rupees           (d) 80 million rupees

(E) 90 million rupees

24. A merchant decides the sale price of his item more than 30% of its cost value. That half share sells at a price of one fourth and a 15% discount on the original sales price and the remainder for a 30% discount on the original sales price. Find the full profit percentage?

(a) 14.875%                            (b) 15.375%

(c) 15.575%                            (d) 16.375%

(E) 16.258%

25. A shopkeeper has 88 kg of sugar, part of which sells it at 10% profit and the remaining sells at 12% loss. He receives a loss of 3% on the total. What amount did he sell at 12% loss?

(A) 50kg          (b) 52kg

(C) 48kg          (d) 55kg

(e) 60kg

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Quantitative Aptitude Questions for RBI Grade-B Phase-1 Exam

Practice is the key to perfection in Quant, so brush up your skills and test yourself with these 15 questions of Quantitative Aptitude for RBI Grade-B 2017.

Q1. The average marks of the girls in a class is equal to the number of boys and the average marks of boys is equal to the number of girls. If the class average is 4 less than the average of both the boys’ and the girls’ average marks, what will be the number of students in the class?

(a) 24

(b) 48

(c) 50

(d) 64

(e) None of these 

Q2. I was born 30 years after my father was born. My sister was born 25 years after my mother was born. The average age of my family is 26.25 years right now. My sister will get married 4 years from now and will leave the family. Then the average age of the family will be 107/3 years. What is the present age of my father? 

(a) 30 year

(b) 35 year

(c) 40 year

(d) 45 year

Q3.  Rahul, Vinod and Ravi have a total of 80  coins among them. Rahul triples the number of coins with the others by giving them some coins from his own collection. Next, Vinod repeats the same process. After this Vinod now has 20 coins. Find the number of coins Vinod had at the beginning?

(a) 22

(b) 25

(c) 16

(d) 20

(e) none of these

Q4. The weight of the body as calculated by the average of seven different experiments is 53.735 gram. The average weight of the first three experiments is 54.005 gm. And that of the fourth is 0.004 gm greater than the fifth, which the average of the sixth and the seventh Experiments was 0.010 gm less than the average of the first three. Find the weight of the body obtained by the fifth experiment.

(a) 49.353 gm

(b) 49.349 gm

(c) 53.072 gm

(d) 53.068 gm

(e) none of these

Q5.  A and B have some guavas divided between themselves. A says to B “If I give you 25% of the guavas I have, I will still have 2 more guavas than you have”. To this, B says, “ If you give me guavas equal to 70% of what I have now, I will have four more guavas than you have.”  What is the total number of guavas that they have?

(a) 80 

(b) 64

(c) 36

(d) 88

(e) None of these

Directions (Q. 6 - 10): In each of these questions, two equations (I) and (II) are given. You have to solve both the equations and give answer

(a) if x>y

(b)  if x≥y

(c) if x<y

(d) if x ≤y

(e) if x = y or no relation can be established between x and y

 

Directions (Q.11-15): What should come in place of the question mark (?) in the following series?

Q11. 2, 3, 8, ?,112, 565

(a) 36

(b) 14

(c) 27

(d) 45

(e) None of these

Q12. 6, 4, 8, 23, ?, 385.25

(a) 84.5

(b) 73

(c) 78.5

(d) 82

(e) None of these

Q13. 400, ?, 320, 192, 76.8, 15.36

(a) 360

(b) 380

(c) 375

(d) 390

(e) None of these 

Q14. 85, 43, 15, 4.5, ?

(a) 1.5

(b) 1.6

(c) 1.7

(d) 1.8

(e) 1.9

Q15. 12,  30,  60,  108,  180,  282,  ?

(a) 366

(b) 420

(c) 444

(d) 496

(e) 504

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Quantitative Aptitude Questions for SBI PO Mains 2017

Practice is the key to perfection in Quant, so brush up your skills and test yourself with these 15 questions of Quantitative Aptitude for SBI PO Mains 2017.

Directions (1-2): A is thrice as good a workman as B and therefore is able to finish a job in 60 days less than B. If A and B complete 2/3 rd of the job and then A is replaced by C, the remaining job is done by B and C in 10 days.

If A and B complete 3/4th of the job and then B is replaced by D the remaining job is done by A and D in 5 days.

Q1. How long will it take for A, B, C and D to complete the job working together?

(a) 12 days

(b) 20 days

(c) 15 days

(d) 14 days

(e) None of these

Q2. The job is completed in the following manner: A and B work on day 1, B and C work on day 2, C and D work on day 3, D and A work on day 4 and so on. How long will it take for the job to be completed in this manner?

(a) 25 days

(b) 24 days

(c) 22 days

(d) 30 days

(e) None of these

Q3. PBA and PDC are two secants. AD is the diameter of the circle with centre at O. ∠A 40°, ∠P = 20°

(a) Quantity I > Quantity II 

(b) Quantity I < Quantity II 

(c) Quantity I ≥ Quantity II 

(d) Quantity I ≤ Quantity II

(e) Quantity I = Quantity II or No relation

Directions (4-8): The table given below shows the no. of units produced of six different items by a company, the mark-up % on each unit and the discount offered on the marked-up price of each unit. The cost price of all the items is same and fixed at Rs 100. The line graph shows the estimated percentage of items sold by the company on the normal discounted price. The bar graph shows the percentage of cost price at which the company sold the remaining no. of items.( means the company sold the remaining no. of items at a price lower than the cost price) 

Q4. Find profit % of A and B together in year 2015 if it is known that B sold only 90% of goods of what he actually estimated to sell in year 2015. 

(a) 0.33%

(b) 0.44%

(c) 0.55%

(d) 0.60%

(e) None of these

Q5. In year 2016 E has increased his discount % by 10 basis point and which lead to increase in its estimated sales by 20 basis point. Apart from that everything else remains same then what is the difference in profit in year 2015 to 2016.

(a) 504

(b) 508

(c) 512

(d) 516

(e) 520

Q6. In year 2016 C decreased the discount % by 10 basis point due to which its sales reduced to 80% of total production of year 2015. By how much % profit will increase or decrease in 2016 compare to year 2015. (Approximately)

(a) Increased by 200%

(b) Decreased by 210%

(c) Increased by 203%

(d) Increased by 207%

(e) Decreased by 207%

Q7. What is the difference between the absolute profit of A, B and C together and D, E and F together in year 2015

(a) 750

(b) 800

(c) 900

(d) 1000

(e) None of these

Q8. What is the profit % of all the companies together in year 2015. (Approximately)

(a) 4.9%

(b) 4.6%

(c) 5.1%

(d) 4.7%

(e) 5.4%

Directions (9-10): These questions are based on the information given below: 

In manufacturing a certain item, 40% of the expenditure is on account of raw materials, 20% on account of labour charges, 20% on account to fixed charges and the rest on miscellaneous. The item is sold at a profit of 25%. The price of the raw materials went up by 15% and the labour charges went up by 20% and the cost on the miscellaneous heads went up by 50% while the fixed costs remained unchanged. 

Q9. If the selling price remained unchanged, then what is the profit percentage?

(a) 2%

(b) 4%

(c) 25/6%

(d) 10%

(e) None of these

Directions (11-12): Vikas intended to travel a certain distance at a certain uniform speed. But after one hour, he increased his speed by 25%. As a result, in the remaining part of the time that he originally planned for the journey, he could now cover as much distance as he initially thought he would be able to cover. 

Q11. What is the total time taken for the journey for normal speed?

(a)  hrs. 

(b) 5 hrs

(c) 6 hrs

(d) Can’t be determined 

(e) None of these

Q12. After Vikas increased his speed, if he decided to terminate his journey after covering the remaining distance he initially intended to cover and not cover the extra distance as given in the data, what is the total time taken for the journey?

(a) 4 hr 12 min. 

(b) 5 hr 24 min.

(c) 3 hr 36 min. 

(d) 4 hr 36 min.

(e) None of these

Q13. Quantity 1: Original duration of flight. In a flight of 3000 km an aircraft was slowed down by bad weather. Its average speed for the trip was reduced by 100 km/hr. and the time increased by one hour.

Quantity 2: Usual time of a man who, when walks at 3/4th of his usual pace, reaches his office 20 minutes late. 

(a) Quantity I > Quantity II 

(b) Quantity I < Quantity II 

(c) Quantity I ≥ Quantity II 

(d) Quantity I ≤ Quantity II 

(e) Quantity I = Quantity II or No relation

Directions (14-15): Mohit bought some chairs & tables from a shopkeeper. The marked price of a chair and a table were in the ratio 5 : 7. The shopkeeper gives discounts of 20% and 25% on the chair &the table respectively. The ratio of chairs and tables bought by Mohit is 9 : 8.

Q14. If Mohit sells each chair and table bought by him at discounts of 25% and 20% respectively after marking up the prices of both by 50% and gives one 1 chair free for every 4 tables bought by a customer, then what is the net profit /loss % made by Mohit after selling all of the items which he bought from the shopkeeper?

(a) 7%

(b) 5%

(c) 8%

(d) 6%

(e) None of these

Q15. If Mohit buys 170 chairs and tables in all, then what is the approximately average price at which he must sell all of them to be in a situation of no profit –no loss?

(a) Rs 45.88

(b) Rs 52.67

(c) Rs 48

(d) Rs 42.8

(e) None of these

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