# Bank Exams :: Quantitative Aptitude :: Profit loss and discount

## Home Bank Exams / Quantitative Aptitude Profit loss and discount Questions and Answers

1 .
A shopkeeper bought 30 kg of wheat at the rate of Rs. 45 per kg. He sold forty per cent of the total quantity at the rate of Rs. 50 per kg . Approximately, at what price per kg should he sell the remaining quantity to make 25 per cent overall profit?
Rs.54
Rs.52
Rs.50
Rs.60
Rs.56
2 .
A man buys a single apple for Rs. 25. If he were to buy a dozen apples, he would have to pay a total amount of Rs. 250. What would be the approximate per cent discount he would get on buying a dozen apples ?
32
20
12
8
17
3 .
Manoj sold an article for Rs. 15000. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price ?
Rs.12500
Rs.13500
Rs.12250
Rs.13250
None of these
4 .
Naresh purchased a TV set for Rs. 11250 after getting discount of 10% on the labelled price. He spent Rs. 150 on transport and Rs. 800 on installation. At what price should it be sold so that the profit earned would have been 15% if no discount was offered ?
Rs.12937.50
Rs.14030
Rs.13450
Rs.15467.50
None of these
5 .
The profit earned after selling a wrist watch for Rs. 4080 is the same as loss incurred after selling the same wrist watch for Rs. 3650. What is the cost price of the wrist watch ?
Rs.3785
Rs.3800
Rs.3775
Rs.3865
None of these
6 .
The profit earned after selling an article for  996 is the same as loss incurred after selling the article for  894. What is the cost price of the article ?
Rs.935
Rs.905
Rs.945
Rs.975
None of these
7 .
A horse and a carriage together cost Rs. 8,000. If by selling the horse at a profit of 10%, and the carriage at a loss of 10%, a total profit of 2.5% is made, then what is the cost price of the horse?
Rs.3000
Rs.3500
Rs.6000
Rs.5000
None of these
8 .
A cycle agent buys 30 bicycles, of which 8 are first grade and the rest are second grade for Rs. 3150. Find at what price he must sell the first grade bicycles so that if he sells the second grade bicycles at third quarter of the price, he may make a profit of 40% on both the types of transactions?
Rs.200
Rs.240
Rs.180
Rs.210
None of these
9 .
A screw driver and a hammer currently have the same price. If the price of a screw driver rises by 5% and the price of hammer goes up by 3%, then how much more will it cost to buy 3 screw drivers and 3 hammers ?
3%
4%
5%
8%
None of these
10 .
A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to a retailer at a profit of 20%. The retailer in turn sells them to a customer of 25%. If the cost price to the customer is Rs. 30.09, then the cost price of the manufacturer is
Rs.15
Rs.16
Rs.17
Rs.18
None of these
11 .
A departmental store receives a shipment of 1,000 shirts, for which it pays Rs. 9,000. The store sells the shirts at a price 80 per cent above the cost for one month, after which it reduces the price of the shirts to 20 per cent above the cost. The store sells 750 shirts for one month and 50 per cent of the remaining shirts afterwards. How much gross income did the sales of the shirts generate ?
Rs.10000
Rs.10800
Rs.12150
Rs.13500
None of these
12 .
A company bought a total of 60 computers and 20 printers to modernise billing operations. If the price of each computer was three times the price of each printer then what per cent of the total cost of the purchase was the total cost of the printers ?
10%
11%
15%
20%
None of these
13 .
A company blends two varieties of tea from two different tea gardens, one variety costing Rs. 20 per kg and other Rs. 25 per kg, in the ratio 5 : 4. He sells the blended tea at Rs. 23 per kg. Find his profit per cent :
5% profit
3.5% profit
3.5% profit
No profit, No loss
None of these
14 .
A shopkeeper sells a pair of sunglasses at a profit of 25%. If he has bought it at 25% less and sold it for Rs.10 less, then he would have gained 40%. Determine the cost price of the pair of sunglasses.
Rs.50
Rs.25
Rs.75
Rs.60
None of these
15 .
An article is listed at Rs. 65. A customer bought this article for Rs. 56.16 and got two successive discounts of which the first one is 10%. The other rate of discount of this scheme that was allowed by the shopkeeper was :
3%
4%
6%
2%
None of these
16 .
A milkman buys some milk contained in 10 vessels of equal size. If he sells his milk at Rs. 5 a litre, he loses Rs. 200; while selling it at Rs. 6 a litre, he would gain Rs. 150 on the whole. Find the number of litres contained in each cask
30
35
40
45
50
17 .
The cost price of two motor cycles is the same. One is sold at a profit of 15% and the other for Rs. 4800 more than the first. If the net profit is 20% then the cost price of each motor cycle is
Rs.48000
Rs.52000
Rs.36000
Rs.42500
None of these
18 .
Hari buys a horse at a discount of 25%. At what percentage above the cost price should he sell to make a profit of 25% over the original list price?
25
30
40
66.67
None of these
19 .
A trader has 50 kg of rice, a part of which he sells at 10% profit and the rest at 5% loss. He gains 7% on the whole. How much was sold at 10% gain and how much was sold at 5% loss?
40 kg,15 kg
30 kg,10 kg
35 kg,40 kg
40 kg,10 kg
None of these
20 .
A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other at a credit or Rs. 12,880 to be paid after 8 months, at 18% rate per annum money being at annum. Which is the better offer ?
Rs.12000 in cash
Rs.12880 at credit
Rs.12600 in cash
Both are equal
None of these
21 .
Even after reducing the marked price of a transistor by  32, a shopkeeper makes a profit of 15%. If the cost price be  320, what percentage of profit would he have made if he had sold the transistor at the marked price?
25%
20%
10%
None of these
30%
22 .
A man bought two packets of toffees, the same number in each. The first, he bought at 5 paise each, but the second at 3 for 13 paise. He then mixed them all together and sold them at 70 paise a dozen. His gain is
25%
12%
24%
16%
None of these
23 .
Goods are sold so that when 4 per cent is taken off the list price, a profit of 20% is made. How much per cent is the list price more than the cost price ?
25%
50%
75%
100%
150%
24 .
A profit of 20% is made on goods when a discount of 10% is given on the marked price. What profit per cent will be made when a discount of 20% is given on the marked price?
6$2 \over 3$%
7$2 \over 3$%
3$1 \over 4$%
7$4 \over 5$%
9$1 \over 4$%
25 .
A dealer sells a table for ` 400, making a profit of 25%. He sells another table at a loss of 10%, and on the whole he makes neither profit nor loss. What did the second table cost him ?
700
800
900
950
1000
26 .
Each of the two horses is sold for Rs. 720. The first one is sold at 25% profit and the other one at 25% loss. What is the % loss or gain in this deal ?
7.25%
6.25%
8.5%
9.25%
10.25%
27 .
Each of the two cars is sold at the same price. A profit of 10% is made on the first and a loss of 7% is made on the second. What is the combined loss or gain ?
$150 \over 203$%
$160 \over 203$%
$180 \over 205$%
$170 \over 205$%
None of these
28 .
Profit earned by an organisation is distributed among officers and clerks in the ratio of 5 : 3. If the number of officers is 45 and the number of clerks is 80 and the amount received by each officer is Rs.25,000, what was the total amount of profit earned?
Rs.22 lakh
Rs.18.25 lakh
Rs.18 lakh
Rs.23.25 lakh
None of these
29 .
A shopkeeper labelled the price of his articles so as to earn a profit of 30% on the cost price. He,then sold the articles by offering a discount of 10% on the labelled price. What is the actual per cent profit earned in the deal?
18%
15%
20%
Cannot be determined
None of these