Quantitative Aptitude Profit and loss Questions and Answers PDF For IBPS PO RRB Clerical and Bank Exams and Other Examinations.Test 5

Quantitative Aptitude Profit and loss Questions and Answers PDF For IBPS PO RRB Clerical and Bank Exams and Other Examinations.....

The money spent to purchase an article is cost price of the article, and the money received for selling an article is called selling price. There are two distinct kinds of profit and loss problems - those in which profit or loss is based on cost and those in which profit or loss is based on selling price. Before such a problem can be solved it must be known in which of these classes it belongs. Bear in mind, though, that profit or loss is always to be considered as based on cost unless it is stated or otherwise known that it is based on selling price. 

★ A good knowledge of percentages will help to solve Profit & Loss questions thoroughly

The following are the Quantitative Aptitude Average Questions and Answersfor the various competitive examinations Like IBPS,SSC,UPSC,APPSC UGC NET ,CSIR NET and other examinations where Quantitative Aptitude related with other exams........

-->

1. The owner of an electronics shop charges his customer 34% more than the cost price. If a customer paid Rs. 12060 for a TV set, then what was the cost price of the TV set?
Rs.8000
Rs.8800
Rs.9500
Rs.9000
None of these
2. A fruit seller buys 60 oranges for Rs.480. Five oranges were spoilt in transportation. If he sells the remaining oranges at Rs.12 each, find his profit or loss percent
25% loss
37.5% profit
20% profit
32.5% profit
None of these
3. A man buys 120 oranges for Rs.720. He sells 70 oranges for Rs.7 each and remaining at Rs.5 each. Find his overall profit / loss%?
2.78% loss
3.12%profit
2.78% profit
2.49% loss
None
4. Kushal sold a clock for Rs.204 at a loss of 15%. At what rate should he have sold the clock to earn a profit of twenty five percent?
Rs.300
Rs.320
Rs.285
Rs.240
None of these
5. Aravind purchased a box of pencils at the rate of 6 for Rs.9 and sold all of them at the rate of 7 for Rs.11. If he gains Rs.9, how many pencils did the box contain?
42
21
126
Can't be determined
None of these
6. A trader sells an article at a profit of 30% Had he purchased it at 10% less and sells for Rs.330 less he would have gained 20%. Find the cost price of the article?
Rs.1500
Rs.1200
Rs.1600
Rs.1950
None of these
7. A sells a house to B at a profit of 10%, B sells it to C at a loss of 15% and C sells it to D for Rs.33660 making a profit of 20%. What did the house cost A?
Rs.25000
Rs.30000
Rs.35000
Rs.20000
Rs.28000
8. A shopkeeper buys an article for Rs.528. He offers 12% discount on selling the article and yet gains 18%. Find the rate at which he marked the article.
Rs.713
Rs.578
Rs.708
Rs.653
None of these
9. A dishonest dealer professes to sell his goods at the cost price, but uses only 800 grams in place of a kilogram weight. Find his profit percent.
20%
25%
30%
15%
None of these
10. Pavani purchased 30kg of rice at the rate of Rs.17.50 per kg and another 30 kg rice at a certain rate. She mixed the two and sold the entire quantity at the rate of Rs.18.60 per kg and made 20% overall profit. At what price per kg did she purchase the second lot?
Rs.17.60
Rs.15.70
Rs.12.60
Rs.12.30
Rs.13.50
Score =
Correct answers: