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Profit N Loss Quiz 14

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33 views2 pages

Profit N Loss Quiz 14

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Round Up
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Profit and Loss Questions for IBPS Clerk Pre,

WORKSHEET 14 SBI Clerk Pre and


IBPS RRB Exams.
PROFIT AND LOSS
Profit and Loss Quiz 14
Directions: Kindly study the following Questions carefully and choose the right answer:
1. Rama kant dealing in bedsheets allows 4% discount on the marked price. What price must
be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%?
A. Rs. 520 B. Rs. 650 C. Rs. 620 D. Rs. 550 E. None of these

2. What will be the percentage profit after selling an article at a certain price if there occur a
loss of 35% on selling the article 3/5 of the selling price?
A. 8.33% B. 6.67% C. 12.25% D. 6.33% E. None of these

3. A profit of 13% is made by selling a shirt after offering a discount of 20%. If the marked
price of the shirt is Rs. 2260, find its cost price.

A. Rs. 1850 B. Rs. 1780 C. Rs. 1600 D. Rs. 1900 E. None of these

4. An article costs Rs. 500 and the marked price is mentioned as Rs. 800. What is the profit %
for the seller if he sells and offers a discount of 10% on the marked price?

A. 30% B. 44% C. 56% D. 64% E. None of these

5. Rakesh bought a cycle for Rs. 800. and marked it up by 50% and gave a discount of 10%. A
customer came in to buy the cycle and bargained with Rakesh for an additional discount of
20% on the already discounted price. What is the profit earned by Rakesh?
A. Rs. 180 B. Rs. 156 C. Rs. 64 D. Rs. 28 E. None of these

6. The profit made on a product is 25 %. What is the loss percent incurred on the sale if the
figures of both CP and SP are interchanged?

A. 16% B. 20% C. 22% D. Can't be determined E. None of these

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7. A trader buys two items for Rs. 12000 each. He gets a profit of 25% on one item and
incurs a loss of 20% on the other. What is the total proft/loss percentage of the trader?
A. 5% B. 3% C. 4% D. 2.5% E. None of these

8. The cost of a pen is Rs. 4. A shopkeeper sold these pens at Rs. 54 per dozen. If he gives
10% discount on selling price, find the ratio of the profit % after giving the discount and
profit % without giving the discount.

A. 1 : 10 B. 10 : 11 C. 10 : 1 D. 11 : 12 E. None of these

9. A person purchased a book and a novel for Rs. 2800. He sold the book at a profit of 10%
and the novel at a profit 15.25%. If his total profit was 13%, find the difference between the
Cost price of the Book and Novel.
A. Rs. 200 B. Rs. 400 C. Rs. 450 D. Rs. 350 E. None of these

10. Virat fixes the marked price of a bag 28% above its cost price. What should be the
approximate percentage of discount allowed to gain 6%?

A. 17% B. 15% C. 13% D. 19% E. 11%

Correct Answers:

1 2 3 4 5 6 7 8 9 10
D A C B C B D A B A

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