Profit, Loss and Discount

TNSF BANK PO CLERK QUANT

15 Questions Published

Questions

Question 1 Multiple Choice (Single Answer)

By selling an article for Rs. 456.30, a man loses 22%. At what rate price should he sell it in order to gain 30%?

  1. Rs. 750
  2. Rs. 750.50
  3. Rs. 760.50
  4. Rs. 700
  5. Rs. 720
Question 2 Multiple Choice (Single Answer)

Two watches were sold at Rs. 1050 each. On one, a gain of 11% was earned and on the other, a loss of 11% was suffered. How much percent loss or percent gain is made in the whole transaction?

  1. Loss 1.21%
  2. No gain, no loss
  3. Gain 1%
  4. Loss 1%
  5. Loss 2%
Question 3 Multiple Choice (Single Answer)

A trader purchased 120 bags of cement at Rs. 500 per bag. He sold 50 bags at 20% profit and 50 bags at 5% loss. At what rate per bag should the remaining bags be sold so as to gain 10% on the whole transaction?

  1. Rs. 562.50
  2. Rs. 550.50
  3. Rs. 600.50
  4. Rs. 655.50
  5. Rs. 650.50
Question 4 Multiple Choice (Single Answer)

A dishonest shopkeeper professes to sell his clothes at the cost price, but he uses a false length scale of 85 cm for each metre. Find his gain percent.

  1. 17.65%
  2. 15%
  3. 16%
  4. 14.45%
  5. 14%
Question 5 Multiple Choice (Single Answer)

The cost price of 32 articles is equal to the selling price of 20 articles. Find the gain%.

  1. 60%
  2. 50%
  3. 40%
  4. 30%
  5. 20%
Question 6 Multiple Choice (Single Answer)

A trader offers his customers 15% discount and still makes 36% profit. What is the actual cost to him of an article marked Rs. 320?

  1. Rs. 150
  2. Rs. 300
  3. Rs. 250
  4. Rs. 200
  5. Rs. 225
Question 7 Multiple Choice (Single Answer)

A shopkeeper offers 12% discount on plastic toys. He offers a further discount of 5% on cash payment. What will a customer have to pay in cash for a toy of Rs. 300?

  1. Rs. 200
  2. Rs. 220.80
  3. Rs. 230
  4. Rs. 250.80
  5. Rs. 250
Question 8 Multiple Choice (Single Answer)

A man sold two almirahs for Rs. 4500 each. On one, he gains 12.5% and on the other, he loses 10%. Find the overall percentage gain or loss in the whole transaction.

  1. 2.5% gain
  2. 2% loss
  3. No profit, no loss
  4. Data inadequate
  5. 1% gain
Question 9 Multiple Choice (Single Answer)

A person sells 35 oranges for a rupee and suffers a loss of 4%. How many oranges should he sell for a rupee to have a gain of 12%?

  1. 25 oranges
  2. 30 oranges
  3. 32 oranges
  4. 20 oranges
  5. 24 oranges
Question 10 Multiple Choice (Single Answer)

A shopkeeper purchased 12 kg of rice at Rs. 720 and sold them at a loss equal to the selling price of 4 kg of rice. Find the SP of rice per kg.

  1. Rs. 35
  2. Rs. 30
  3. Rs. 45
  4. Rs. 40
  5. Rs. 32
Question 11 Multiple Choice (Single Answer)

A man sells a book at profit of 30%. If he had bought it at 10% less and sold it for Rs. 8 less, he would have gained 40%. Find the cost price of the book.

  1. Rs. 250
  2. Rs. 300
  3. Rs. 200
  4. Rs. 350
  5. Rs. 225
Question 12 Multiple Choice (Single Answer)

How much percent above the cost price should a shopkeeper mark his goods so as to earn a profit of 30% after allowing a discount of 12% on the marked price?

  1. 47.73%
  2. 45.72%
  3. 40.75%
  4. 40%
  5. 45.5%
Question 13 Multiple Choice (Single Answer)

A man sells his car for Rs. 3 lakh and loses some amount. Had he sold it for Rs. 5.60 lakh, his gain would have been Rs. 0.40 lakh less than the former loss. Find the cost price of the car.

  1. Rs. 3.50 lakh
  2. Rs. 4.50 lakh
  3. Rs. 2.50 lakh
  4. Rs. 5 lakh
  5. Rs. 2 lakh
Question 14 Multiple Choice (Single Answer)

A shopkeeper earns a profit of 20% on selling a book at 5% discount on printed price. Find the ratio of the cost price to the printed price.

  1. 19 : 24
  2. 20 : 21
  3. 19 : 25
  4. 21 : 25
  5. 4 : 5
Question 15 Multiple Choice (Single Answer)

If a merchant estimates his profit as 14% of selling price, then what is the real profit percent?

  1. 16.28%
  2. 15.25%
  3. 14.5%
  4. 12%
  5. 13.28%