Profit and Loss - Repeated Questions in SBI PO exam

Ques 1.

Successive discounts of 10% ,12% and 15% amount to a single discount of :
(a) 36.68%
(b) 35.28%
(c) 32.68%
(d) 30.28%

Ques 2.

Marked price of an article is Rs. 2000 and it is being sold at successive discounts of 20% and 10% its net selling price will be :
(a) Rs. 1700
(b) Rs. 1520
(c) Rs. 1440
(d) Rs. 1400

Ques 3.

A businessman marked his price of his commodity so as to include a profit of 25%. He allowed discount of 16% on the marked price . What was is actual profit ?
(a) 25%
(b) 16%
(c) 9%
(d) 5%

Ques 4.

A trader sells a badminton racket, whose labelled price is Rs.30, at a discount of 15% and gives a shuttle cock costing Rs.1.50 free with each racket . Even then he makes a profit of 20% . What is cost price of a racket ?
(a) Rs. 21.25
(b) Rs. 21
(c) Rs. 20
(d) Rs. 19.75

Ques 5.

A tradesman marked his goods at 20% above the cost price . He sold half the stock at the marked price, one quarter at a discount of 20% on the marked price and the rest at a discount of 40% on the marked price. Ultimately what is his total gain ?
(a) 15%
(b) 13.5%
(c) 4.5%
(d) 2%

Ques 6.

Kaushal bought a suitcase wit 15% discount onnthe marked price. He sold the suitcase for Rs. 2880 with 20% profit on the marked price. At what price did he buy the suitcase ?
(a) Rs 2640
(b) Rs. 2604
(c) Rs. 2400
(d) Rs. 2040

Ques 7.

The marked price of cupboard is Rs. 6500. The trader sold it by giving 5% discount on the marked price and earned aa profit of 15 % . What approximately is the cost price of the cupboard?
(a) Rs. 5800
(b) Rs. 5600
(c) Rs. 5350
(d) Rs. 5000

Ques 8.

A dishonest dealer uses a scale of 90 cm instead of meter scale and claims to sell at cost price. What is his profit per cent ?
(a) 12%
(b) 11 1/9 %
(c) 10%
(d) 9%

Ques 9.

If a company sells a car with labelled price of Rs. 2,72,000 and gives a discount of 4% on Rs. 2,00,000 and 2.5% on the remaining amount of Rs. 72,000, then what is the actual price charged by the company for the car ?
(a Rs. 2,62,000
(b) Rs. 2,60,000
(c) Rs. 2,55,000
(d) Rs. 2,50,000

Ques 10.

A man purchases 90 clocks and sells 40 clocks at a gain 10% and 50 clocks at a gain of 20% .If he sold all of them at a uniform profit of 15% then he would have got Rs. 40 less. What is the cost price of each clock ?
(a) Rs. 90
(b) Rs.80
(c) Rs. 60
(d) Rs. 50

solutions :

Ans 1. let original value = Rs. 100; then
S.P = 90/100 X 88/100 x 85/100 = Rs. 67.32
Hence , amount of single discount = 100 - 67.32 = 32.68%

Ans 2. Net S.P = 80/100 X 90/100 X 2000 = Rs. 1440

Ans 3. Let C.P . = Rs. 100; then marked price = Rs. 125
Hence, S.P. = 84/100 X 125 = Rs. 105
Since, actual profit = 105-100 = 5%

Ans 4. S.P. = 85/100 x 30 -1.50 = 25.50- 1.50 = Rs. 24
Required C.P . = 100/120 X 24 = Rs. 20

Ans 5. Let C.P = Rs.100, then marked price = Rs. 120
Since , S.P = 60 + 1/4 X 80/100 X 120 + 1/4 X 60/100 x 120
= 60 + 24 + 18 = Rs. 102
Hence, gain% = 102 - 100 = 2%

Ans 6. Marked price = 100/120 x 2880 = Rs. 2400
C.P. for kaushal = 85/100 X 2400 = Rs. 2040

Ans 7. Required C.P. = 95/100 x 100/115 x 6500 = Rs. 5369.56 = Rs. 5350.

Ans 8. Required profit % = 100-90 / 90 X 100 = 10/ 90 x 100 = 11 1/9%

Ans 9.Actual price = 96/100 x 2,00,000 + 97.5/100 x 72,000 = 1,92,000 + 70,200 = Rs. 2, 62,200

Ans 10. Let C.P of each clock = Rs.x ; then C.P of 90 clocks = Rs. 90x In Ist condition ,
S.P . of 90 clocks = 40 x 110/100 x + 50 x 120/100 X x = Rs. 104x. In IInd case,
S.P of 90 clocks = 115 /100 x 90x = Rs. 207x/2
Since, 104x - 207x/2 = Rs. 40 => x/2 = 40 ∴ x= Rs.80 What's trending in BankExamsToday

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