Friday, 11 August 2017

Profit & Loss - 10 Interesting Questions - CLAT, BBA, MBA, BANKING, SSC

1. Ram bought 800 eggs at Rs.3.75 per dozen. He sold 450 of them at a rate of 2eggs for Rs.1 and remaining at 5eggs for Rs.2. His profit % is
a.  12.50%
b.  10.50%
c.  8.50%
d.  6.50%
e.  None of these
2. An article is sold for Rs. 880 at a profit of 10%. What would have been the loss per cent had it been sold for Rs.780?
a.  1.5
b.  2.5
c.  3.5
d.  4.5
e.  None of these
3. A man sold an article at a loss of 20%. If he sells the article for Rs.45 more he would have got a profit of 10%. The cost price of the article is
a.  Rs.150
b.  Rs.140
c.  Rs.120
d.  Rs.100
e.  None of these
4. A sold an article to B at a profit of 10% and B sells it to C at a loss of 10%. If C paid Rs.4158. How much money was paid by A?
a.  Rs.4200
b.  Rs.4400
c.  Rs.4600
d.  Rs.4800
e.  None of these

5. A farmer buys a tractor for Rs.65000 and sells it for Rs.58500. Find his loss per cent
a.  10%
b.  10.25%
c.  10.50%
d.  10.75%
e.  None of these
6. A man buys 12 articles for Rs.100 and sells 10 articles for Rs.120. Find his profit per cent
a.  44%
b.  48%
c.  52%
d.  Data insufficient
e.  None of these
7. The profit earned after selling on article for Rs.1666 is the same as the loss incurred after selling the article for Rs.1252. What is the cost price of the article?
a.  Rs.1452
b.  Rs.1458
c.  Rs.1459
d.  Rs.1453
e.  None of these
8. A grocer purchases 75kg of sugar at Rs.30 per kg and mixed it with 25 kg of sugar at Rs.36 per kg. At what rate should he sell the mixture to gain 10%.
a.  Rs.32.20
b.  Rs.32.45
c.  Rs.32.60

d.  Rs.32.85
e.  None of these
9. Pure milk costs Rs.20 per litre. After adding water the milkman sells the mixture at the rate of Rs. 18 per litre, thereby making a profit of 25%. In what ratio does he mix the two?
a.  18:7
b.  18:5
c.  12:7
d.  12:5
e.  None of these
10. A merchant buys some goods worth Rs.4000 and sells half of them at a profit of 10%. At what profit per cent must he sell the remainder so as to get a profit of 16% on the whole?
a.  22%
b.  18%
c.  24%
d.  16%

e.  None of these

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