Profit and Loss Questions For Bank Mains Exam - Eng Version

Profit and Loss Questions for Bank Mains Exam – Eng Version
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1) A shopkeeper made a profit of P% on selling B.7.8%
an article at a certain price. If he sells the article C.7%
at 58.33% of the actual Selling price so there is a D.7.5%
loss of 16%. If another article is sold at two E.None of these
successive discounts of P/2% and Q% for Rs.
1404 and its cost price is Rs. 1200. Find the 4) Ali Sold two articles, if he marked up the
value of Q% if later article is marked up by second article at 8.33% above the selling price
100%. of the first article and gives a discount of 12.5%
A.20% on that, then a loss of 14.28% occurs on the first
B.40% one and 20% profit on the second article. Find
C.25% the sum of the selling price of both articles, if he
D.12% made a total loss of Rs. 120.
E.None of these A.Rs. 26728
B.Rs. 26928
2) On selling article A, there is a loss of 33.33% C.Rs. 26828
of its selling price and on selling article B there is D.Rs. 27928
a profit of 40% of its cost price. Both articleswere E.None of these
sold at the same selling price. If there is an
overall loss of Rs. 250 then find the difference 5) A distributor of chocolate gives one dozen
inthe cost price of two articles? extra chocolates for every order of 15 dozens. A
A.Rs. 3750 discount of 20% is also given to the shopkeeper
B.Rs. 3250 on the marked price. If a chocolate is marked at
C.Rs. 2750 Rs. 35. Find the lowest price at which a
D.Rs. 2250 chocolate can be sold without any loss?
B.Rs. 19
3) Cost price of Pen is 60% of Pencil and the C.Rs. 26.25
cost price of Pin is 80% of the cost price of D.Rs. 26
Pencil. Respective ratio of selling price of Pencil E.None of these
and Pen is 5:4 and selling price of Pen is 62.5%
of selling price of Pin. If Profit percentage on Pen 6) An article is bought by A and B for the same
is 40% then find the overall profit or loss price from a shop. A and B marked 50% and
percentage. 25% more than the cost price respectively. B did
A.8 %
not give any discount, while the discount given B.7.70% loss
by A is 20 percent of the price he bought. Find C.5.75% profit
by how much percent the selling price of A is D.8.75% loss
more or less than the selling price of B? E.9.25% profit
A.4% less
B.10% more 9) A shopkeeper bought an article at Rs. 1000
C.10% less and marked up its price by a%. If he then gave a
D.4% more discount of 2a/5 % and still got a profit
E.4.25% less percentage of 2a/5 %. If same article is marked
up by 3a/2% and then gives discount of 3a/5%
7) Ratio of the cost price of laptop to mobile is then find the selling price of article?
6:5. The marked price of the laptop is 25% more A.Rs. 1275
than its cost price and the marked price of the B.Rs. 1200
mobile is 40% more than its cost price. If the C.Rs. 1225
shopkeeper allows the discount of 25% on D.Rs. 1325
marked price of laptop and 20% on marked price E.None of these
of mobile and the difference between the selling
price of laptop and mobile is Rs.200, then what 10) Elisa purchased 40 school bags at Rs.500
is the difference between the marked price of the each for her shop and some of the bags are
laptop and mobile? damaged that can be sold at four-fifth of its cost
A.Rs.6000 price. If one-fourth of the bags are damaged,
B.Rs.7000 then she got 10% profit on overall transaction. If
C.Rs.8000 two-fifth of the bags are damaged, then what is
D.Rs.10000 the profit of overall transaction?
E.None of these A.8%
B.2%
8) Ivana bought Goat and Hen and the cost price C.4%
of Goat is Rs.1200 more than that of Hen. If she D.6%
sold the hen at 20% loss and sold the goat at E.9%
25% profit and this whole transaction, Ivana gets
the profit of 13.75%. If she sold the goat at 25% 11) The cost price of mobile is Rs.7000 less than
loss and sold the hen at 40% profit, then find the the cost price of laptop and the cost price of
overall profit or loss percentage of Ivana? watch is Rs.3500 less than the cost price of
A.4.25% profit mobile. If the cost price of laptop is 7/4th the cost
price of watch, then what is the ratio of the cost 14) A person buys 36 articles and labels each
price of mobile, laptop and watch? with the same price. He sells two – third articles
A.5:7:4 at 20% discount on labelled price and rest
B.5:9:3 articles at an extra discount of 25% on
C.5:8:4 discounted price and thus earning a profit of
D.6:7:5 10%. If there is no discount given, then profit %
E.None of these is P%. Find the value of (P/2% of 800).
12) A purchased an article and sold it to B at A.600
33(1/3) % profit. B marked it up by 15% and sold B.400
it at a discount of Rs.184 on MP. If profit C.200
received by A is Rs.504 more than that received D.240
by B, then profit received by B is what per cent E.None of these
of that received by A?
A.40% 15) Marked price of A is 37.5% more than that of
B.29% B. If discount of Rs. _____ and Rs. _____ offered
C.35% on A and B respectively then selling price of B is
D.37% 25% less than that of A. Find which of the
E.42% following option(s) is/are satisfy the blanks.
I) 200, 100
13) An article is marked up by 40% above its II) 300, 200
cost price and then a discount of 15% is given III) 500, 200
on the article. In the whole process, there is a A.I and II only
profit of Rs 798. If the cost price of the article is B.I and III only
Rs X then the marked price of the article can be C.II and III only
I. (X+1680) D.I, II and III
II. (3x – 680) E.None of these
III. (0.75x + 2630)
A.Only l 16) The marked price of a doll is 45% above its
B.Only ll manufacturing cost. The doll is sold through a
C.Only l and ll retailer, who earns 10% profit on his purchase
D.Only l and lll price. The retailer gives 20% discount on marked
E.all of these price. What is the approximate profit percentage
for the doll manufacturer who sells his doll to the
retailer?
A.5% E.A, B and C
B.8%
C.10% 19) The marked and cost price of the table is
D.15% Rs.(x + 3000) and Rs.x respectively and the
E.12% shopkeeper allows the discount of Rs.y on the
marked price of the table while he gets the profit
17) Profit earned on selling an article after two of 19%. If the shopkeeper allows the discount of
successive 10% and 20% is Rs. 384.75 more Rs.(y – 735) while he gets the profit of 28.8%,
than profit earned on selling the same article then find the value of y.
after single discount of 37.5%. Find the selling A.Rs.1570
price of the article at 35% profit. Markup B.Rs.1575
percentage is 80%. C.Rs.1585
A.Rs. 3027.50 D.Rs.1580
B.Rs. 3137.50 E.Cannot be determined
C.Rs. 3237.50
D.Rs. 3037.50 20) Ratio of the marked to cost price of the
E.None of these laptop is 6: 5. If the shopkeeper allows a
discount of x% on the marked price of the laptop
18) A shopkeeper marked up the price of mobile and the sum of the selling price and marked
by 50% and sold at (x – 10)% discount and sold price of the laptop is Rs.28000, then what is the
the laptop at 10% profit. If the cost price of discount percentage of the laptop if the
laptop and mobile is Rs.120x and Rs.4800 and shopkeeper gets the profit of 4%?
the ratio of the profit earned from laptop to A.13.33%
mobile is 2:1. B.14.44%
From the statement given in the above question C.15.55%
which of the following can be determined. D.16.66%
a) Value of x E.12.22%
b) Selling price of laptop
c) Marked price of laptop 21) A dishonest dealer marks up the price of his
d) Ratio of cost price of laptop to mobile goods by 40% and gives a discount of 10% to
A.A and B the customer. Besides, he also cheats both his
B.All A, B, C and D supplier and his buyer by 100 grams while
C.A, C and D
D.A, B and D
buying and selling 1 kg. Find the percentage of customer A sold the AC to customer B for
profit earned by the shopkeeper. Rs.50490 at the profit of 10%, then find the cost
A.50% price of the AC for shopkeeper?
B.51% A.Rs.24800
C.53% B.Rs.25000
D.52% C.Rs.24500
E.54% D.Rs.37500
E.Rs.26900
22) A trader buys ‘a’ grams more from the
wholesaler while purchasing for every 1/2 kg 25) A shopkeeper bought 60 kg of variety I rice
(cheated), and gives (a – 50) grams less while and 80 kg of variety II rice. Cost price of variety II
selling to retailers for every ½ kg. He cheated rice per kg is 25% more than that of variety I
both wholesaler and retailer, thus making a profit rice. Find overall profit and loss percentage, if
of 62.5%, find the value of (1.5a + 1200) grams? the shopkeeper sold all quantities at a price of
A.1575 grams variety II rice.
B.1525 grams A.9.375%
C.1425 grams B.11.750%
D.1475 grams C.8.250%
E.None of these D.9.750%
23) If a shopkeeper sold article A at 24% loss E.None of these
and article B at 16% profit, there is an overall
gain of Rs. 32. If he sold article A at 32% profit 26) P bought an article from a shop and marked
and article B at 10% loss, there is a profit of Rs. it Rs. 2000 above the price at which he bought,
48. Find the overall profit if both articles sold at and sell it to Q after a discount of 20%. Q sells it
25% profit? to R after being given a 10% discount on the
A.Rs. 300 price at which he bought it. If R pays Rs. 740
B.Rs. 400 more than the price at which P bought the
C.Rs. 250 article, to Q. Find the cost price of the article for
D.Rs. 350 P.
B.Rs. 2500
24) Ratio of the cost to marked price of AC is C.Rs. 2000
5:9. The shopkeeper offers a discount of 32% on D.Rs. 3000
marked price of the AC to customer A. If the E.None of these
A.Rs.3200
27) If the ratio of the marked to cost price of the B.Rs.3600
mobile is 6:5 and the shopkeeper offers a C.Rs.4000
discount of 8% on the marked price of the D.Rs.3000
mobile. If the difference between the selling and E.Rs.2400
marked price of the mobile is Rs.2400, then find
the profit earned by the shopkeeper. 30) Ratio of the cost price of article A and B is
A.Rs.2400 2:3 and the ratio of the marked to cost price of
B.Rs.2500 article A and B is 5:4 and 6:5 respectively. If the
C.Rs.2600 shopkeeper offers the discount of article A and B
D.Rs.2800 is 10% and 20% respectively, then find the
E.None of these overall profit percentage earned by shopkeeper?
A.2%
28) The cost price of a laptop is double the cost B.2.4%
price of a mobile. If the shopkeeper offers a C.2.2%
discount of Rs.1200 on marked price of the D.2.6%
mobile, while he gets the profit of 8% and the E.2.8%
difference between the marked price of the
mobile and selling price of the laptop is Rs.4920. 31) Ratio of the cost price of articles A and B is
If the shopkeeper gets the profit of the laptop is 2:5 and the ratio of the cost to the marked price
5%, then find the cost price of the laptop? of article A is 4:5. If the shopkeeper offers the
A.Rs.8000 discount of articles A and B is 18% and 15%
B.Rs.10000 respectively and the shopkeeper gets the profit
C.Rs.12000 of article B is 2% and the marked price of article
D.Rs.15000 B is Rs.18000, then find the profit percentage of
E.Rs.16000 article A?
A.3%
29) The marked price of the bike is Rs.20000 B.3.5%
more than the cost price of the bike. If the C.2.5%
shopkeeper offers the two discounts of 13(1/3)% D.2%
and x% on the marked price of the bike, while he E.None of these
gets the profit of x% and the average of the cost 32) The selling price of two articles A and B is
and marked price of the bike is Rs.90000, then Rs.------ and Rs.3600 respectively and the
find the profit earned by the shopkeeper?
Selling price of article A is 15% above its cost A) 10%, Rs.540
price and marked price of article B is 10% above B) 25%, Rs.720
its cost price. If the cost price of article B is 50% C) 20%, Rs.600
of the cost price of article A and the discount D) 16%, Rs.612
amount of article B is Rs.------. A.All A, B, C and D
a) Rs.8970, Rs.680 B.Only A, B and D
b) Rs.9200, Rs.800 C.Only C and A
c) Rs.9430, Rs.1000 D.Only A, B and C
d) Rs.9545, Rs.960 E.Only A
A.Only B
B.Only A, B 35) A shopkeeper sold two articles P and Q after
C.Only C discount of 10% and 40% respectively thus
D.Only B, D earning profit of 2Z% and (3Z – 25) %. If cost
E.Only A price of P is 50% more than that of Q, and
marked price of both the article is same, then
33) The total number of dresses (Saree, Shirt find the value of (Z + 15)?
and T-shirt) in the box is 200. The ratio of the A.25
cost price of Saree, Shirt and T-shirt is 5:3:2. B.40
The ratio of the number of Saree, Shirt and T- C.50
shirt in the box is 7:8:5. If the total amount of all D.30
the dresses together is Rs.138000, then find the E.None of these
cost price of a T-shirt?
A.Rs.280 36) A shopkeeper cheats seller by taking P
B.Rs.320 grams more at every 800-gm quantity and also
C.Rs.360 cheats customer by giving (P + 100) gm less on
D.Rs.400 every 800 gm, thus earning profit of 100%. Find
E.None of these the Value of (3P + 800) grams?
34) Ratio of the cost price of a steel and wooden A.1400
chair is 7:5 respectively. The shopkeeper sold B.2000
the wooden chair for Rs.1600, while he gets a C.1700
profit of 33(1/3)%. If he sells the steel and D.1200
wooden chair for 25% profit and ___% profit E.None of these
respectively and then earned a total profit of
Rs.___.
37) A buys a Laptop at a certain cost. A sells the D.10%
laptop to B at a profit of 20%. B sells the laptop E.None of these
to C at a profit of 30%. B buys a mobile phone
using the profit gained, while selling the Laptop. 39) P and Q sold an article both marked the
Find the Cost price at which B buys the mobile same price on the article. P sold it after
phone and also find the Cost price of CPU. successive discounts of 10% and 6% while Q
Which of the following option is sufficient to find sold it after successive discounts of 9% and 7%.
the answer? Find which of the following statements is
A.C obtains a profit of 30%, while selling the definitely true.
laptop to D. A.Profit of P is 15.4%
B.The Cost price of the Laptop at which A buys B.Selling price for P and Q is the same
is Rs.10000 and the Cost price of CPU is 20% C.P offers a better discount than Q
more than the Cost price of the Laptop. D.Q offers a better discount than P
C.B buys a CPU at a Cost price of Rs. 12000 E.None of these
and gains 30% profit while selling it to C.
D.Selling Price of the CPU is 33.33% more than 40) Article P is marked up by 80% and sold after
the Cost Price of the Laptop. giving a discount of Rs. 600, while article Q is
E.None of these sold at aprofit of 25% whose cost price is Rs.
38) Mohan marks up all shoes in his shop is 400more than that of P. Find the selling price of
25% higher than its cost price. He gave 20% article R, if it issold at 40% profit and having cost
discount on 3/5th of the total shoes and 15% price as same as marked price of article Pand
discount on 1/5th of the total shoes. If Mohan also both Q and P are sold at same Selling
gets an overall profit of 5%, then the percentage price?
of discount should be given by Mohan to A.Rs. 5240
customers on the remaining shoes is ______%? B.Rs. 5080
A.2.5% C.Rs. 4860
B.5% D.Rs. 5020
C.7.5% E.None of these
Answer with Explanation
1. Answer: C 84% of cost price = 58.333% of selling price of

According to question, article
21/25 x cost price = 21/36 x selling price
Cost price/ selling price = 25/36 So value of a = 500b/84
Value of P% = (36 – 25)/25 x 100 = 44% Overall cost price = (100a + 60a + 80a) =
Marked price of other article = 1200 x 200% = 10000b/7
2400 Overall selling price = (400b + 500b + 640b) =
So, 2400 x (1 – 44%/2) x (1 – Q %) = 1404 1540b
(1 – Q/100) = 0.75 Required profit percentage = [(1540b –
So required value of Q = 25% 10000b/7) / (10000b/7)] x 100 - 100 =7.8%
2. Answer: B 4. Answer: B
Article A sold at 33.33% loss of SP, So Let the selling price of first article = 12a
CP of A – SP of A = 1/3 of (SP of A) So, Marked price of second article = 12a + 1/12
So for article A, CP: SP = 4:3 x 12a = 13a
Similarly for article B, CP: SP = 5:7 Discount given on second article = 12.5%
Selling price of A and B is same So selling price of second article = 7/8 x 13a =
So CP: SP for A = 28: 21 91a/8
CP: SP for B = 15: 21 Loss on first article = 14.28%
There is an overall loss of Rs. 250 So cost price of first article = 7/6 x 12a = 14a
So (28 + 15) units – (21 + 21) units = 250 Profit on second article = 20%
1 unit = 250 So cost price of second article = 5/6 x 91a/8 =
Required difference = (28 – 15) units x 250 = 13 455a/48
x 250 = Rs. 3250 Overall loss = (14a + 455a/48) – (12a + 91a/8) =
(1127a – 1122a)/48 = 5a/48
3. Answer: B So, 5a/48 = 120
Let cost price of Pencil = 100a So, a = 1152
So cost price of Pen = 60a So, sum of selling price of both articles = (12a +
Cost price of Pin = 80a 91a/8) = (187 x 1152) / 8 = 26928
Let the selling price of pen and pencil be 400b Hence answer is option B
and 500b respectively.
Selling price of pen is 62.5% of Pin
So selling price of Pin = (400b/62.5) x 100 = 5. Answer: C
640b Price of a chocolate after discount = 35 × 80/100
Profit % on selling pencil = 40% => Rs. 28
So selling price of pen = 60a x 1.4 = 84a Cost of 15 dozens of chocolates = 28 × 12 × 15
So, 84a = 500b => Rs. 5040
Total number of chocolate for sale is = 12 × 15 + (x + x + 1200) * 113.75/100 = 4x/5 + 5/4 * (x +
12 = 1200)
=180 + 12 => 192 227.5x/100 + 1365 = 4x/5 + 5x/4 + 1500
Thus, the cost of one chocolate is = 5040/192 0.225x = 135
=>Rs. 26.25 x = 600
Hence, the required answer is = Rs 26.25 New SP of Hen and Goat = 600 * 140/100 +
(600 + 1200) * 75/100
6. Answer: A = 840 + 1350
Cost price of the article be x = 2190
Marked price by A = 1.5x and by B = 1.25x Required loss percentage = (2400 – 2190)/2400
Selling price of A = 1.5x – discount = 1.5x – 1.5x * 100
* 20/100 = 8.75%
= 1.5x – 0.3x = 1.2x
Selling price of B = 1.25x 9. Answer: C
Percentage = (1.25x - 1.2x/1.25x)*100 = 4% less According to the given condition in the question,
1000 x (1 + a/100) x (1 – 2a/500) = 1000 x (1 +
7. Answer: E 2a/500)
CP of the laptop = 6x (100 + a) x (500 – 2a) = (50000 + 200a)
CP of the mobile = 5x 50000 – 200a + 500a – 2a² = 50000 + 200a
MP of the laptop = 6x * 125/100 = 7.5x 2a² = 100a
MP of the mobile = 5x * 140/100 = 7x So possible value of a = 50
SP of laptop = 7.5x * 75/100 = 5.625x Now, new MRP of article = 1000 x (1000+ 3 x
SP of the mobile = 7x * 80/100 = 5.6x 50/2) % = 1750
5.625x – 5.6x = 200 Required selling price of article = 1750 x (100 – 3
x = Rs.8000 x 50/5) % = Rs. 1225
MP of laptop – MP of Mobile = 7.5 *8000- 7*8000
= Rs.4000 10. Answer: C
Total CP = 40 * 500 = 20000
8. Answer: D One-fourth of the bags = 40 * 1/4 = 10
Cost Price of Hen = x (10 * 500 * 4/5) + 30 * x = 20000 * 110/100
Cost Price of Goat = x + 1200 4000 + 30x = 22000
SP of Hen = x * 80/100 = 4x/5 x = 600
SP of Goat = (x + 1200) * 125/100 = 5/4 * (x + Two-fifth of the bags = 2/5 * 40 = 16
1200) Total SP = (16 * 500 * 4/5) + 24 * 600 = 20800
Required percentage = (20800 – 20000)/20000 * Let the CP of this article = x
100 Selling price= 1.4×0.85x = 1.19x
= (800/20000) * 100 ATQ,
= 4% 1.19x - X = 798
X= 4200
11. Answer: A M.P = 1.4×4200 = Rs.5880
CP of laptop = x For l,
CP of mobile = x – 7000 Mark price of the article = (X+1680)=
CP of watch = x – 7000 – 3500 = x – 10500 4200+1680= 5880
x = 7/4 * (x – 10500) For ll,
4x = 7x – 73500 Mark price of the article = (3x – 680) = 3*4200 –
x = 24500 680 =11920
Required ratio = (24500 – 7000):24500:(24500 – For lll,
10500) Mark price of the article = (0.75X + 2630 )=
= 17500:24500:14000 0.75*4200+2630=5780
= 5:7:4
14. Answer: C
12. Answer: D Let the MRP of each article is Rs. a
Let CP of article for A = Rs.300x According to question,
So, SP of article for A = CP of article for B = Selling price of all articles when discount is
133(1/3) % of 300x = Rs.400x offered = 2/3 x 36 x 0.8a + 1/3 x 36 x 0.75 x 0.8a
MP of article for B = 115% of 400x = Rs.460x = 26.4a
And SP of article for B = Rs. (460x – 184) Total cost price of all articles = 26.4a/1.1 = 24a
Profit of A = 400x – 300x = Rs.100x If no discount offered, then total selling price of
Profit of B = 460x – 184 – 400x = Rs. (60x – 184) all articles = MRP of all articles = 36a
From the question: Profit % = [(36a – 24a)/24a x 100] = 50%
100x – (60x – 184) = 504 Required value = (50/2) % of 800 = 200
40x = 320 Hence answer is option C
x=8
Profit received by B = (60 * 8) – 184 = Rs.296 15. Answer: B
Profit received by A = 100 * 8 = Rs.800 I. (8a – 200): (5a – 100) = 4/3
Required percentage = (296/800) * 100 = 37% 24a – 600 = 20a – 400
4a = 200
13. Answer: A Value of a = 50
This option satisfy the blanks Profit earned in first case = 129.6a – 100a =
II. (8a – 300): (5a – 200) = 4/3 29.6a
24a – 900 = 20a – 800 Selling price of article in second case = 100a x
4a = 100 180% x 62.5% = 112.5a
Value of a = 25 Profit earned in second case = 112.5a – 100a =
MRP of A = 8 x 25 = 200 12.5a
Not possible because discount is Rs. 300 Now,
III. (8a – 500): (5a – 200) = 4/3 29.6a – 12.5a = 384.75
24a – 1500 = 20a – 800 So, value of a = 384.75/17.1 = 22.5
4a = 700 The cost price of the article = Rs. 2250.
Value of a = 175 Required selling price of article = 2250 x 135% =
This option satisfy the blanks Rs.3037.50
Only I and III satisfied the blanks. Hence answer is option D
Hence answer is option B
18. Answer: D
16. Answer: A Cost price of mobile=Rs.4800
Let the manufacturing cost = 100 and Cost price of laptop=120x
manufacturer profit = x MP of mobile=150/100 * 4800=7200
Marked price of the doll= 145% of 100 = 145 SP of mobile=7200 * (100 – x + 10)/100=72 *
The retailer gives 20% discount on marked price, (110 – x)
Buyer Price = 80% of 145 = 116 =7920 – 72x
Manufacturer makes x rupees profit, and then Profit of mobile=7920 – 72x – 4800=3120 – 72x
retailer makes 10% profit. Profit of laptop=120x * 10/100=12x
Hence, 110% of (100 + x) = 116 12x/(3120 – 72x)=2/1
⇒ 110 (100 + x) = 11600 6x=3120 – 72x
⇒ 11000 + 110x = 11600 78x=3120
⇒ x = 5.45%. Hence, Manufacturer profit = x =40
5.45% ≈ 5% Cost price of laptop=120 * 40=4800
Selling price of laptop=4800 * 110/100=Rs.5280
17. Answer: D Ratio=4800: 4800=1:1
Let the cost price of article = 100a We cannot find the Marked price of the laptop.
Selling price of article in first case = 100a x
180%x 80% x 90% = 129.6a 19. Answer: B
SP of table = x * 119/100
Discount (y) = (x + 3000) – 119x/100 22. Answer: C
= 3000 – 0.19x Total quantity purchased by trader at price of
New SP = x * 128.8/100 500 grams = (a + 500) grams
128.8x/100 – 119x/100 = 735 Total quantity sold by the trader at price of 500
9.8x = 73500 grams = (500 – a + 50) = (550 – a) grams.
x = 7500 Profit earned by trader = (a + 500 – 550 + a) =
y = 3000 – 0.19 * 7500 = Rs.1575 2a - 50
So, (2a - 50)/ (550 – a) = 5/8
20. Answer: A 16a - 400 = 2750 – 5a
CP = 5y 21a = 3150
MP = 6y So, value of a = 3150/21 = 150
SP = 5y * 104/100 Required value = (1.5 x 150 + 1200) = 1425
6y + 52y/10 = 28000 grams
112y = 280000 Hence answer is option C
y = 2500
MP = 2500 * 6 = 15000 23. Answer: A
CP = 2500 * 5 = 12500 According to the question,
15000 * (100 – x)/100 = 12500 * 104/100 - 24% of A + 16% of B = 32……………… (1)
100 – x = 86.67 32% of A - 10% of B = 48……………….. (2)
x = 13.33% Apply, 75% of equation (2) + equation (1)
8.5% of B = 68
21. Answer: E So, value of B = 68/7.5 x 100 = 800
Let the CP of 1kg article = Rs.1000 Value of A = (48 + 80)/32 x 100 = 400
S.P of 1kg article after marking up and giving Required profit = 25% of (400 + 800) = Rs.300
discount = 1000 *140/100 * 90/100 = Rs.1260 Hence answer is option A
After cheating the supplier, CP of 1100g =
Rs.1000 24. Answer: D
C.P of 1Kg = 1000 * 10/11 9x * 68/100 = 50490 * 100/110
After cheating his buyer or customer 9x = 45900
S.P of 900g = Rs.1260 x = 7500
S.P of 1000g = 1260/9 * 10 = Rs.1400 CP of AC = 5 * 7500 = 37500
Profit % = [(1400 – 10000/11)/(10000/11)] * 100 SP of A = CP of B = 50490
= 54% (approx.) CP of A = 50490/110 * 100 = 45900
MP of AC = 45900/68 * 100 = 67500
CP of AC = 67500/9 * 5 = 37500 CP of laptop = 2x
MP of mobile = y
25. Answer: A y – 1200 = x * 108/100
Let the cost price of variety I rice per kg = 4a y = 27x/25 + 1200
So, cost price of variety II rice per kg = 125% of SP of laptop = 2x * 105/100 = 2.1x
4a = 5a 2.1x - 27x/25 - 1200 = 4920
Total cost price = 60 x 4a + 80 x 5a = Rs. 640a x = 6000
Total selling price = (80 + 60) x 5a = Rs. 700a CP of laptop = 2 * 6000 = Rs.12000
Required profit % = (700a – 640a)/640a x 100 =
9.375% 29. Answer: A
Hence, the answer is option A MP of bike = (20000 + (90000 * 2))/2 =
Rs.100000
CP of bike = 100000 – 20000 = Rs.80000
26. Answer: B 100000 * (100 – x)/100 * 260/300 = 80000 * (100
Let the cost price = a + x)/100
Now, 1300 – 13x = 1200 + 12x
(a + 2000) x 80% x 90% = (a + 740) x=4
1440 + 0.72a = a + 740 Profit earned by the shopkeeper = 80000 * 4/100
700 = 0.28a = Rs.3200
So, value of a = 700/0.28 = 2500
Hence, the answer is option B 30. Answer: D
CP of article A = 2x
27. Answer: C CP of article B = 3x
CP of mobile = 5x MP of article A = 2x * 5/4 = 5x/2
MP of mobile = 6x MP of article B = 3x * 6/5 = 18x/5
SP of mobile = 6x * 92/100 = 5.52x SP of article A = 5x/2 * 90/100 = 2.25x
6x – 5.52x = 2400 SP of article B = 18x/5 * 80/100 = 2.88x
x = 5000 Overall profit percentage= ((2.25x + 2.88x) – (2x
SP = 5.52 * 5000 = Rs.27600 + 3x))/(2x + 3x) * 100
CP = 5 * 5000 = Rs.25000 = 2.6%
Profit = 27600 – 25000 = Rs.2600
31. Answer: C
28. Answer: C 18000 * 85/100 = CP of article B * 102/100
CP of mobile = x CP of article B = Rs.15000
CP of article A = 2/5 * 15000 = Rs.6000 This is not satisfied the given condition.
SP of article A= 6000 * 5/4 * 82/100 From Option (D)
= 6150 CP of article A = x
Profit percentage of article A = (6150 – CP of article B = x/2
6000)/6000 * 100 SP of article A = 115/100 * x = 9545
= 2.5% x = 8300
CP of article B = Rs.4150
32. Answer: A MP of article B = 4150*110/100 = Rs.4565
From option (A) Discount amount = 4565 – 3600 = Rs.965
CP of article A = x This is not satisfied the given condition.
CP of article B = x/2
SP of article A = 115/100 * x = 8970 33. Answer: D
x = 7800 Saree = 7/20 * 200 = 70
CP of article B =7800/2 = Rs.3900 Shirt = 8/20 * 200 = 80
MP of article B = 3900 * 110/100 = Rs.4290 T- shirt = 5/20 * 200 = 50
Discount amount = 4290 – 3600 = Rs.690 (70 * 5x) + (80 * 3x) + (50 * 2x) = 138000
This is not satisfied the given condition. 350x + 240x + 100x = 138000
From Option (B) x = 200
CP of article A = x Cost price of a T-shirt = 2 * 200 = Rs.400
CP of article B = x/2
SP of article A = 115/100 * x = 9200 34. Answer: B
x = 8000 CP of steel chair=7x
CP of article B = Rs.4000 CP of wooden chair=5x
MP of article B = 4000 * 110/100 = Rs.4400 CP of a wooden
Discount amount = 4400 – 3600 = Rs.800 chair=1600*100/133.33=1600*3/4=Rs.1200
This satisfies the given condition. CP of a steel chair=1200*7x/5x=Rs.1680
From Option (C) From option (A),
CP of article A = x 1680*25/100+1200*10/100=540
CP of article B = x/2 This satisfies the given condition
SP of article A = 115/100 * x = 9430 From option (B),
x = 8200 1680*25/100+1200*25/100=720
CP of article B = Rs.4100 This satisfies the given condition
MP of article B = 4100 * 110/100 = Rs.4510 From option (C),
Discount amount = 4510 – 3600 = Rs.910 1680*25/100+1200*20/100=660
This does not satisfy the given condition Cost price of Laptop = Rs.10000
From option (D), Selling price of Laptop A = 10000*120/100 =
1680*25/100+1200*16/100=612 Rs.12000
This satisfies the given condition Cost price of Laptop for B = Rs.12000
Selling price of Laptop for B = 12000*130/100 =
35. Answer: B Rs.15600
Marked price of both articles is same, so ratio of Profit obtained by B while selling the Laptop =
their selling price = 90%:60% = 3:2 15600 - 12000 = Rs.3600
Ratio of cost price of both articles = 3:2 Cost price of the Mobile phone = Rs.3600
If ratio of CP and SP is same, then profit % of Cost price of CPU = 10000 * 120/100 =
both the articles must be same. Rs.12000
So, 2Z = 3Z – 25 This is sufficient to find the answer.
Value of Z = 25 Option C
Required value = 25 + 15 = 40 Selling price or Cost price of Laptop is not given
Hence, the answer is option B This does not sufficient to find the answer.
Option D
Cost price of Laptop is not given
36. Answer: A This does not sufficient to find the answer.
At cost of 800 grams, he received = (P + 800
grams) 38. Answer: B
AT cost of 800 grams, he gives = (800 – P – 100) Let Mohan has 100 shoes and C.P of each
= (700 – P) shoes is Rs. 100.
There is 100% profit, so ratio of SP/CP = 2/1 Then marked price of each Shoes = 100 ×
(800 + P)/ (700 – P) = 2/1 125/100 = Rs 125
800 + P = 1400 – 2P And selling price of 100 shoes = 100 × 100 ×
So, value of P = 200 105/100 = Rs 10500
Required value = (3 x 200) + 800 = 1400 Selling price of 60 shoes (3/5 of 100 shoes) = 60
Hence, the answer is option A × 125 × 80/100
= >Rs 6000
37. Answer: B Selling price of 20 shoes (1/5 of 100 shoes) = 20
Option A × 125 × 85/100
Profit amount is not given = >Rs 2125
This does not sufficient to find the answer. Remaining Shoes = 100 – 60 – 20 = 20
Option B Selling price of remaining 20 shoes:
= >20 × 125 × (100 –x) /100 Hence answer is option C
= > 2500 × (100 – x) / 100
Now according to the question, 40. Answer: E
10500 = 6000 + 2125 + 2500 × (100 – x ) / 100 Let CP of P = 100a
10500 – 8125 = 25 (100 –x) MP of P = 180% x 100a = 180a
2375 /25 = (100 – x) Selling price of P = (180a – 600)
95 = 100 – x Selling price of Q = 1.25 x (100a + 400)
x=5% Now,
180a – 600 = 125a + 500
39. Answer: C 55a = 1100
Net discount offered by P = -10 - 6 + 10 x 6/100 Value of a = 20
= 15.40% So, Cost price of R = 180 x 20 = Rs. 3600
Net discount offered by Q = -9 - 7 + 9 x 7/100 = Selling price of R = 140% x 3600 = Rs. 5040
15.37% Hence, answer is option E
P offers better discount than Q

Profit and Loss Questions For Bank Mains Exam - Eng Version

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1. Answer: C 84% of cost price = 58.333% of selling price of

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