## Ques 1.

A dealer buys 30 dolls of which 8 are grade and the rest second grade , for Rs 4725. Find at what rate he must sell the first grade doll, so that if he sells the second grade doll at three - quarters of the price, he makes a profit of 40% on his outlay.

**Ans 1.**

## Ques 2.

I buy 190 screws at 40 paise each from a wholesaler .I fix the selling price per screw to give me a profit of 45% of the cost price and sell two-fifths of the screws at this price. I then lower the selling price per screw so that my profit on the remaining screws is only 20% of the cost price. Find my total profit if all the screw are sold .

**Ans 2.**As per principle of weighted average, the average profit %

## Ques 3.

A dealer sell two scooters, one at a profit of 15% and the other at a loss of 15%.The selling price of both the scooters is the same as Rs 9775. The gain or loss in the transaction is

(a) 2% loss

(b) 2% gain

(c) 2.25% loss

(d) Neither gain or loss

**Ans 3.**2. 25% loss

## Ques 4.

Anita sold a painting at a profit of 11%. Had she sold it for Rs 175 more, she would have gained 18%.The cost price of the painting is Rs

(a) 2250

(b) 2350

(c) 2500

(d) 2550

**Ans 4.**2500

## Ques 5.

A merchant purchased 5 quintals of sugar for Rs 2900 and spent Rs 45 on transport, 5 paise per kg as octroi duty and Rs 30 as coolie charges . He sold the sugar at Rs 6.30 per kg. What was his gain per cent ?

(a) 8 1/3%

(b) 8%

(c) 5%

(d) 6 2/3%

**Ans 5.**5%

**Hint :**Effective cost price per kg

= Rs [ 2900/500 + 45/500 + 0.05 + 30/500 ]

## Ques 6.

A trade purchases two types of sugar at the rate of Rs 5 per kg. and Rs 4 per kg. In what ratio should he mix them to earn a profit of 10% by selling the mixture at Rs 5 per kg ?

(a) 5 : 6

(b) 4 : 5

(c) 5 : 4

(d) 6 : 5

**Ans 6.**6 : 5

**Hint :**Let the quantities mixed be x kg and y kg

110/100 x ( 5x + 4y) = 5 ( x+ y)

## Ques 7.

X sold his goods to Y at a loss of 25%. Y sold it to Z at a price that would have given X a gain of 50%. Determine the gain per cent of Y.

(a) 75%

(b) 100%

(c) 125%

(d) 25%

**Ans 7.**100%

**Hint :**C.P of X = Rs 100, C.P. of Y = rs 75.

C.P. of Z = Rs 150

## Ques 8.

A cloth merchant has announced 255 rebate in prices .If one needs to have a rebate of Rs 42, then how many shirts costing Rs 28 each should he purchase ?

(A) 6

(b) 5

(c) 10

(d) 7

**Ans 8.**6

**Hint :**No. of shirts = ( 100/25 x 42) ÷ 28

## Ques 9.

A dishonest seller professes to sell his goods at cost price but use a weight of 900 g for a kilogram weight. His gain % is

(a) 11 1/9%

(b) 16 1/4 %

(c) 3 1/8%

(d) None of these

**Ans 9.**11 1/9%

## Ques 10.

Marked price of an article is 30% above cost price. What will be the gain % after allowing a 20% discount to a customer ?

(a) 8%

(b) 6%

(c) 4%

(d) 2%

**Ans 10.**4%

**Hint :**Gain % = ( 30-20- 30 x 20/100) %

## Ques 11.

A man bought goods 1/3rd of which he sold at a profit of 14% 3/5th at a profit of 17 1/2% and the remainder at a profit of 20%. The profit % on the whole consignment was

(a) 16 1/2%

(b) 13%

(c) 12%

(d) 18.7%

**Ans 11.**16 1/2%

**Hint**: Use weighted mean concept

## Ques 12.

A merchant marked his goods at 40% above what he had paid for them.He was able to sell half the goods at their marked price, but to sell the remainder , he had to allow a discount of 10% . His gain per cant is

(a) 20

(b) 25

(c) 33

(d) 40

**Ans 12.**33

*Smart Prep Kit by Ramandeep Singh - Get here*####
*Bank Exams Today Notes*

*Bank Exams Today Notes*

## 0 comments:

## Post a Comment

Thanks for commenting. It's very difficult to answer every query here, it's better to post your query on IBPSToday.com