Profit and Loss Questions for Syndicate Bank PO Mains 2017 |

Q1. A shopkeeper sold a TV set for Rs. 17,940 with a discount of 8% and gained 19.6%. If no discount is allowed, then what will be his gain per cent?

(a) 25%

(b) 26.4%

(d) 30%

(e) None of these

Q2. If 7kg of tea of price Rs. 72/kg is blended with 33 kg of tea of Rs. 87/kg and 35 kg of Rs. 85/kg and the mixture is sold at 15% profit, then what is the selling price of the mixture?

(a) Rs. 80.66/kg

(b) Rs. 102.33/kg

(d) Rs. 97.37/kg

(e) None of these

Q3. A cash payment that will settle a bill for 250 chairs are Rs. 50 per chair less 20% and 15% with a further discount of 5% on cash payment is:

(a) Rs. 8075

(b) Rs. 7025

(d) Rs. 8000

(e) None of these

Q4. A sold an article to B at a profit of 20% B sold the same article to C at a loss of 25% of C sold the same article to D at a profit of 40%. If D paid Rs. 252 for the article, then find how much did A pay for it?

(a) Rs. 175

(b) Rs. 200

(d) Rs. 210

(e) None of these

Q5. Rohan purchased a bike for Rs. 54000. He sold it at a loss of 8 per cent. With that money he again purchased another bike and sold it at a profit of 10 per cent. What is his overall loss/profit?

(a) Loss of Rs. 657

(b) Profit of Rs. 567

(d) Profit of Rs. 648

(e) None of these

Q6. By selling an article at 80% of its marked price, a merchant makes a loss of 12% what will be the per cent profit or loss made by the merchant if he sells the article at 95% of its marked price?

(a) 5.5% profit

(b) 1% loss

(d) 4.5 profit

(e) None of these

Q7. What is the maximum percentage discount that a merchant can offer on her marked price so that she ends up selling at no profit or loss, if she had initially marked her goods up by 50%

(a) 16.67%

(b) 20%

(d) 33.33%

(e) None of these

Q8. A machine is sold at a profit of 10%. Had it been sold for Rs. 40 less, there would have been a loss of 10%. What was the cost price?

(a) Rs. 175

(b) Rs. 200

(d) Rs. 250

(e) None of these

Q9. Even after reducing the marked price of a transistor by Rs. 32, a shopkeeper makes a profit of 15%. If the cost price be Rs. 320, what percentage of profit would he have made if he had sold the transistor at the marked price?

(a) 25%

(b) 20%

(d) 15%

(e) None of these

Q10. 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?

(a) Rs. 3,000

(b) Rs. 3,500

(d) Rs. 5,000

(e) None of these

Q11. At what percentage above the cost price must an article be marked so as to gain 33% after allowing a customer a discount of 5%?

(a) 48%

(b) 43%

(d) 38%

(e) None of these

Q12. The sale price of an article including the Sales Tax is Rs. 616. The rate of Sales Tax is 10%. If the shopkeeper has made a profit of 12%, find the cost price.

(a) Rs. 500

(b) Rs. 515

(d) Rs. 600

(e) None of these

Q13. A horse and a cow were sold for Rs. 12,000 each. The horse was sold at a loss of 20% and the cow at a gain of 20%. The entire transaction resulted in:

(a) No loss or gain

(b) Loss of Rs. 1,000

(d) Gain of Rs. 2,000

(e) None of these

Q14. A manufacture of a certain item can sell all he can produce at the selling price of Rs. 60 each. It cost him Rs. 40 in materials and labour to produce each item and he has overhead expenses of Rs. 3000 per week in order to operate the plant. The number of units he should produce and sell in order to make a profit of atleast Rs. 1000 per week, is:

(a) 200

(b) 250

(d) 400

(e) None of these

Q15. Aditi bought an article and spent Rs. 110 on its repairs. She then sold it to Samir at a profit of 20% Samir sold it to vikas at a loss of 10% Vikash finally sold it for Rs. 1188 at a profit of 10%. How much did Aditi pay for the article?

(a) Rs. 890

(b) Rs. 1000

(d) Rs. 840

(e) None of these