profit and loss Model Questions & Answers, Practice Test for ibps po prelims

An article is listed at Rs. 65. A customer bought this article for Rs. 56.16 and got two successive discounts of which the first one is 10%. The other rate of discount of this scheme that was allowed by the shopkeeper was :

A man sells an article at 5% profit. If he had bought it at 5% less and sold it for Rs. 1 less, he would have gained 10%. Find the cost price.

A departmental store receives a shipment of 1,000 shirts, for which it pays Rs. 9,000. The store sells the shirts at a price 80 per cent above the cost for one month, after which it reduces the price of the shirts to 20 per cent above the cost. The store sells 750 shirts for one month and 50 per cent of the remaining shirts afterwards. How much gross income did the sales of the shirts generate ?

A firm of readymade garments makes both men’s and women’s shirts. Its average profit is 6% of the sales. Its profit in men’s shirts average 8% of the sales and women’s shirts comprise 60% of the output. The average profit per sale rupee in women shirts is

If by selling an article for Rs. 60, a person loses $1/7$ of outlay (cost), what would he have gained or lost per cent by selling it for Rs. 77?