Profit & Loss Quant Quiz for SBI PO PRE & LIC AAO 2019 (Day 43) | 23rd March 2019

Quant Quiz for LIC AAO 2019 

Quant Quiz to improve your Quantitative Aptitude for SBI PO & SBI clerk exam quant, IBPS PO quant , IBPS Clerk quant , IBPS RRB quant, and other competitive exams.

Q1. A shopkeeper has 12 kg of pure rice and 4 kg of impure rice. He mixes both type of rice but 4 kg of the mixture gets spoiled. If he again mixes 4 kg of impure rice to the remaining mixture and professes to sell mixture at a profit of 20% on cost of pure rice. Then what is actual profit or loss percentage if cost of impure rice is 40% of cost of pure rice. 

A) 400/19%

B) 250/21%
C) 250/19%

D) 250/17%

E) 500/19%

Q2. Cost price of 3 pens is equal to the cost price of 5 pencils. If equal number of pens and pencils are sold and pens are sold at 20% profit and pencils are sold at % profit then what is the overall profit percentage.

A) 18%

B) 15%
C) 22%

D) 25%

E) 30%

Q3. A manufacturer estimates that on inspection 12% of the articles he produces will be rejected. He accepts an order to supply 22,000 articles at Rs. 7.50 each. He estimates the profit on his outlay including the manufacturing of rejected articles, to be 20%. Find the manufacturing cost price of each article.

A) Rs. 6.50

B) Rs. 5.50
C) Rs. 5.75

D) Rs. 4.50

E) Rs. 3.75

Q4. A man bought a scooter and a car. His total profit is 30% by selling both of items. Scooter is sold at 10% profit. Cost price of scooter is  of the cost of car. Marked price of a car is Rs. 4,50,000. If he bought scooter at a discount of 20% on marked price and car at a discount of 10% on marked price then, what will be the ratio of marked price of scooter to the selling price of the car.

A) 25/264

B) 25/268

C) 35/260

D) 34/260

E) 25/267

Q5. A person sells his table at a profit of 12 and the chair at a loss of  but on the whole he gains Rs. 25. On the other hand if he sells the table at a loss of  and the chair at a profit of  then he neither gains nor loses. Find the cost price of the table and the chair.

A) Rs. 360, Rs. 240

B) Rs. 380, 260

C) Rs. 400, Rs. 420

D) Rs. 360, 410

E) Rs. 360, 120

Q6. 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%

Q7. A shokeeper 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) 18%

Q8. A shopkeeper marks up the price of a article th 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%

Q9. 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) 50.55%

D) 37.75%

E) 33.34%

Q10. A seller gives 10% discount on an item, if he marked up price of item 50% above cost price and While selling, he cheats customer by giving 20% less in weight. Find his overall profit percent (approximate) ?

A) 62%

B) 65%

C) 68%

D) 72%

E) 76%







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