Profit and Loss

Profit & Loss Questions for SBI/ IBPS PO Prelims Exam 2021 – PDF Download

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1) The ratio of the cost price of mobile to laptop is 5:9 and the ratio of the cost price of laptop to computer is 3:2. If the computer sold at the profit of 20% and selling price of the computer is Rs.14400, then what is the difference between the cost price of mobile and laptop?

A.Rs.5000

B.Rs.6000

C.Rs.7000

D.Rs.8000

E.None of these


2) Sohan bought 20 Kg of rice for Rs.45/Kg and 30 Kg of wheat for Rs.40/Kg. He sold half of the rice at a profit of 20%. Half of the remaining at a loss of 5% and rest at a profit of 25%. He sold whole wheat at a profit of 10%. Find his overall profit percent.

A.11.11%

B.8.16%

C.10.12%

D.9.22%

E.12.14%


3) If the ratio of the marked price to cost price of the article is 2: 1 and the shopkeeper offer a discount of x% on marked price while he gets 25% of the profit. If the difference between the marked price and cost price of the article is Rs.2000, then find the value of x?

A.32

B.45

C.30

D.28

E.None of these


4) Shopkeeper bought two powerbank for Rs. 800 each. If he sold one at a profit of x % and another at a loss of 25 %, then in the whole transaction, there is no profit or loss. Find the value of ‘x’?

A.25

B.15

C.10

D.30

E.None of these


5) Ratio of the marked price to selling price of the mobile is 6: 5. If the shopkeeper offers a discount 16.67% on laptop and the difference between the selling price of mobile and laptop is Rs.10000. If the marked price of the mobile is half of the marked price of the laptop, what is the cost price of the laptop, if marked price of the laptop is 60% above the cost price?

A.Rs.24000

B.Rs.28000

C.Rs.15000

D.Rs.35000

E.None of these


6) Sunil purchased 120 apples for Rs.10 per apple. He sold 25% of the apple is Rs.8 per apple, 50% of the remaining apple sold at Rs.12 per apple and the remaining apple sold at Rs.10 per apple. What is the profit or loss for the whole transaction?

A.Rs.20 loss

B.Rs.30 profit

C.Rs.20 profit

D.Rs.30 loss

E.None of these


7) Surya sold the House to Nitish at the profit of 20%, Nitish sold the same House to Shon at the profit of 25% and Shon sold that house to Kevin at the profit of 15%. If Kevin paid Rs.17.25 lakh, then the amount paid by Surya?

A.8 lakh

B.10 lakh

C.15 lakh

D.18 lakh

E.None of these


8) A shopkeeper bought two articles at same price. He sold one of the articles at the profit of 40 %. If on selling the second article, he incurred a loss, which was one-fourth of profit earned on selling the first article, then find the overall profit %?

A.10 %

B.25 %

C.15 %

D.20 %

E.None of these


9) The profit earned after selling an article for Rs. 3,378 is the same as the loss incurred after selling the article for Rs. 2,922. At what selling price will a trader make a 30% profit on this article?

A.Rs. 3,564

B.Rs. 3,878

C.Rs. 4,260

D.Rs. 3,150

E.Rs. 4,095


10) A shopkeeper marks the price of the mobile 50% above the cost price and he allows the two successive discounts 20% and 15% respectively. What is the percentage of the profit earned by the shopkeeper?

A.1%

B.2%

C.4%

D.3%

E.None of these

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Answers :

1) Answer: D

Ratio of the cost price of mobile, laptop and computer = 5: 9: 6

Cost price of computer = 100/120 * 14400 = 12000

Cost price of mobile = 5/6 * 12000 = 10000

Cost price of laptop = 9/6 * 12000 = 18000

Difference = 18000 – 10000 = 8000


2) Answer: E

Total cost price = 20 x 45 + 30 x 40

= 900 + 1200

= Rs.2100

Selling price of rice = 20/2 x 45 x 120/100 + 10/2 x 45 x 95/100 + 5 x 45 x 125/100

= 540 + 213.75 + 281.25

= Rs.1035

Selling price of wheat = 30 x 40 x 110/100 = Rs.1320

Total selling price = 1035 + 1320 = Rs.2355

Profit percent = (2355 – 2100)/2100 x 100

= 255/2100 x 100

= 12.14%


3) Answer: E

2x – x = 2000

x = 2000

MP = 2 * 2000 = 4000

CP = 2000

4000 * (100 – x)/100 = 2000 * 125/100

100 – x = 62.5

x = 37.5%


4) Answer: A

According to the question,

800 * [(100 + x) / 100] + 800 * (75 / 100) = 1600

800 + 8x + 600 = 1600

8x + 1400 = 1600

8x = 200

x = 25


5) Answer: C

MP of mobile = 6x

SP of mobile = 5x

Mp of laptop = 12x

SP of laptop = 12x * 83.33/100 = 12x * 5/6 = 10x

10x – 5x = 10000

= > 5x = 10000

= > x = 2000

Marked price of laptop = 2000 * 12 = 24000

Cost price of laptop = 24000/160 * 100

= Rs.15000


6) Answer: B

CP = 10 * 120 = Rs.1200

25% of the apple = 25/100 * 120 * 8 = Rs.240

Remaining apple = 120 – 30 = 90

50% of the remaining = 90 * 50/100 * 12 = Rs.540

Remaining apple = 45 * 10 = Rs.450

Total selling price = 450 + 240 + 540 = 1230

Profit = 1230 – 1200 = 30


7) Answer: B

x * 120/100 * 125/100 * 115/100 = 1725000

x = 1000000


8) Answer: C

Let the cost price be Rs. 100,

CP1 = 100, CP2 = 100, Total cost price = 200

Total selling price = 100 * (140/100) + [100 – 40 * (1/4)] = 230

Profit % = (30/200) * 100 = 15 %


9) Answer: E

Let the cost price of the article be Rs. x.

3378 – x = x – 2922

x = C.P. = (3378 + 2922)/2 = Rs. 3,150

S.P = 1.3 * 3150 = Rs. 4,095


10) Answer: B

CP = x

MP = x * 150/100 = 3x/2

SP = 3x/2 * 80/100 * 85/100

= 51x/50

Required percentage = ([51x/50] – x)/x * 100

= 1/50 * 100 = 2%

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This post was last modified on November 6, 2021 10:18 am