Profit And Loss for RRB PO & Clerk | Quantitative Aptitude | Quiz-7

Profit And Loss for RRB PO & Clerk | Quantitative Aptitude | Quiz-7

Profit and Loss plays a significant role in Quantitative Aptitude Section of banking exams such as IBPS, SBI and RBI PO and Clerk. You will get at least 2-3 questions from Profit and Loss in one of IBPS, SBI and RBI PO & clerk exam. So, aspirants should focus on Profit and Loss questions in detail. Here, we are providing you with the Profit and Loss questions quiz with the detailed solution so that you can easily prepare for Profit and Loss questions. We are providing here all-important latest pattern-based questions and Previous Year Questions of Profit and Loss of various Government Exam like IBPS, SBI, and RBI PO and Clerk exam. This Profit and Loss quiz we are providing is free. Attempt this Profit and Loss quiz to practice important questions with answers and solutions. And score better in IBPS, SBI and RBI PO and Clerk exam.

Profit and Loss Quiz to improve your Quantitative Aptitude for SBI Po & SBI clerk exam, IBPS PO & IBPS Clerk exam , IBPS RRB PO and assistant exam, LIC AAO ,LIC Assistant  and other competitive exam.

1. Abhinav buy an article for Rs. 9600. He sold it at 12% loss and get some money and from that money he again buys an article and sold it at 12% profit. What was his overall profit or loss on whole transaction?
(a) Rs. 130
(b) Rs. 138
(c) Rs. 138.24
(d) Rs. 138.42
(e) Rs. 136

Answer & Explanation

2. Diksha bought 100 kg of potato at Rs. 15 per kg. 10% of the Potato was spoiled. At what price per kg should he sell the remaining to gain 20% of his outlay.
(a) Rs. 18
(b) Rs. 20
(c) Rs. 22
(d) Rs. 24
(e) Rs. 16

Answer & Explanation

3. A shopkeeper defrauds both the dealer and the customer by measuring weights incorrectly. When he is purchasing items from the dealer, he takes 20% more than the indicated weight and when he is selling them to the customer, he gives 20% less than the indicated weight. If the price that the shopkeeper charges his customer is the same as what the dealer charges the shopkeeper, then what profit percentage does the shopkeeper make?
(a) 40%
(b) 44%
(c) 50%
(d) 60%
(e) 55%

Answer & Explanation

4. Ajay calculates his profit percentage on the selling price whereas Vijay calculates his profit on the cost price. They find that the difference of their profits is Rs. 130. If the selling price of both of them are the same, and Ajay gets 15% profit and Vijay gets 10% profit, then find their selling price.
(a) Rs. 220
(b) Rs. 2200
(c) Rs. 2300
(d) Rs. 230
(e) None of these

Answer & Explanation

5. A shopkeeper bought 150 calculators at the rate of Rs. 250 per calculator. He spent Rs. 2500 on transportation and packing. If the marked price of calculator is Rs. 320 per calculator and the shopkeeper gives a discount of 5% on the marked price then what will be the percentage profit gained by the shopkeeper?
(a) 20%
(b) 14%
(c) 15%
(d) 16%
(e) None of these

Answer & Explanation

6. While selling a cooler, a shopkeeper gives a discount of 10% on the marked price. If he gives a discount of 12%, he earns Rs. 35 less as profit. The marked price of the cooler is
(a) Rs. 1650
(b) Rs. 1625
(c) Rs. 1725
(d) Rs. 1750
(e) None of these

Answer & Explanation

7. Cost price of A is 150 more than cost price of B. A is sold at 20% profit and B is sold at 30% loss, ratio of selling price of A and B is 7 : 2. What is the selling price of A.
(a) 352.8
(b) 258.8
(c) 320.8
(d) 451.2
(e) 350

Answer & Explanation

8. Cost price of a table is 35% more than cost price of a chair, if shopkeeper sold chair at 25% profit and table at 100/3 % of loss he gets the total loss of 1350 Rs. find the cost price of table?
(a) Rs 9012.5.
(b) Rs. 9112.5
(c) Rs. 9212.5
(d) Rs. 9002.5
(e) Rs 9122.5.

Answer & Explanation

9. A shopkeeper mark up the price of a article 3/2th time the cost price. We gave some discount to a customer and earn a profit such that, percentage of profit he earn and percentage of discount he gives is same. Find the discount percent.
(a) 30%
(b) 20%
(c) 40%
(d) 25%
(e) 10%

Answer & Explanation

10. A dishonest shopkeeper takes 25% more than the indicated weight when he purchases the items from the dealer. He gives 25% less than the indicated weight to his customer at the cost price, then find the profit percentage of the shopkeeper.
(a) 44.44%
(b) 66.67%
(c) 50%
(d) 37.75%
(e) None of these

Answer & Explanation

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