Profit And Loss Pdf Model Questions & Answers, Practice Test for ibps po prelims 2024 2025
ibps po prelims 2024 2025 SYLLABUS WISE SUBJECTS MCQs
Lcm & Hcf
Simplification
Power, Indices And Surds
Ratio & Proportion
Time & Work
Time & Distance
Mensuration
Data Sufficiency
Average
Profit & Loss
Alligation & Mixtures
Compound Interest
Number Series
Quadratic Equations
Probability
Permutations & Combination
Richa purchased an article at 4/5 of its list price and sold it at 20% more than the list price. Richa's profit percent was
Answer: (b)
Richa purchased an article = $4/5$ of its list price
Let list price = 50 units
Thus, Richa purchased at = 40 units
Purchased 40 - 20 units Profit
List price 50 - 20% profit
60 (New SP)
Profit% = $20/40 × 100 = 50%$
X sells two articles for Rs. 4,000 each with no loss and no gain in the transaction. If one was sold at a gain of 25% the other is sold at a loss of
Answer: (c)
According to question,
| A | B | Total | ||
| CP | 4 | + | x | = 4 + x |
| 25% profit | ||||
| SP | 5 | + | 5 | = 10 |
4 + x = 10
Because there is no profit no loss
x = 6
Then loss is 6 – 5 = 1
Thus % = 1/6 × 100 = 16$2/3%$
A person sold a TV for Rs. 9,400 then he lost a particular amount, When he sold another TV of the same type at Rs. 10,600, his gain was double the former loss, What was the cost price of each TV?
Answer: (b)
According to question,
Given,
Loss
CP - 9400 = x ……… (i)
10600 – CP = 2x …….. (ii)
Put the value of eq. (i) in eq. (ii)
10600 – CP = 2CP - 18800
3 CP = 29400
CP = $29400/3$ = 9800
The difference between the selling price of an article at a profit of 15% and at a profit of 10% is Rs. 10. The cost price of the article is
Answer: (d)
Let CP of the article is = 100 units
According to question,
100 (CP)
↓
115
↓ 5 units difference
110
5 units → 10
1 unit → $10/5$
100 units → $10/5$ × 100 = Rs. 200
A man buys a certain number of oranges at 20 for Rs. 60 and an equal number at 30 for Rs. 60. He mixes them and sells them at 25 for Rs. 60. What is gain or loss percent
Answer: (a)
According to question,
C.P.
Oranges at 20 for Rs. 60
price/orange = Rs.3
Oranges at 30 for Rs.60
price/orange = Rs.2
S.P.
Oranges at 25 for Rs.60
price/orange = Rs.2.4
Cost price + (profit/loss) = Selling price
(3 + 2) + (profit/loss) = 2 × 2.4
5 + (profit/loss) = 4.8
5 + (-0.2)(loss) = 4.8
loss % = $0.2/5 × 100 = 20/5 = 4% loss$
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