Profit And Loss Mcq Pdf Model Questions & Answers, Practice Test for ibps rrb clerk asst multipurpose mains 2024
ibps rrb clerk asst multipurpose mains 2024 SYLLABUS WISE SUBJECTS MCQs
Number System
Ratio & Proportion
Percentage
Time & Work
Time & Distance
Average
Profit & Loss
Compound Interest
Krishna bought a camera and paid 20% less than its original price. He sold it at 40% profit on the price he had paid. The percentage of profit earned by Krishna on the original price was .
Answer: (c)
Let CP of the camera = 100 unit
$Purchase 80 →↖{20% less} 100 →↖{12% increase} 112$
12 % increase
By selling 33 meters of cloth a person gains the cost price of 11 meters. Find his gain%
Answer: (b)
Let SP of 1 meter cloth = Rs. 1
SP of 33 meters cloth = 33
CP of 1 meter cloth = x
CP of 33 meter cloth = 33x
According to question,
Profit = SP  CP
11x = 33 – 33x
44x = 33
x = $33/44 = 3/4$
CP of 1 meter = Rs. $3/4$
CP of 33 meters = Rs. $3/4$ × 33 = Rs. $99/4$
SP of 33 meters = Rs. 33
Profit = SP  CP = 33 – $99/4 = 33/4$
Thus, Profit % = ${33/4}/{99/4} × 100 = 33/99 × 100$
= $1/3 × 100 = 33{1}/3%$
By selling 12 kg of potatoes for 63, a shopkeeper gains 5%. What does his gain or lose percent by selling 50 kg of the same potatoes for 247.50 ?
Answer: (a)
SP of 1 potatoes = Rs. 63/12 = Rs. 21/4
CP × ${100 + P%}/100$ = SP
CP × $105/100 = 21/4$ = Rs. 5
gain or loss percent by selling 50 kg of the same potatoes for Rs. 247.50
CP of 50 kg potatoes = 50 × 5 = Rs. 250
Loss = 250 – 247.50 = Rs. 2.50
Loss% = $2.50/250 × 100 = 1%$
A trader purchases a watch and a wall clock for Rs. 390. He sells them making a profit of 10% on the watch and 15% on the wall clock. He earns a profit of Rs. 51.50. the difference between the original price of the wall clock and the watch is equal to
Answer: (c)
A man buys 3 cows and 8 goats in Rs. 47,200, Instead if he would have bought 8 cows and 3 goats he had to pay Rs. 53,000 more. Cost of one cow is :
Answer: (a)
According to question,
3C + 8G = Rs. 47200 ………… (i)
8C + 3G = 47200 + 53000
=Rs. 100200 ……….. (ii)
Add equa. (i) and (ii)
11C + 11G = 147400
C + G = 13400 ………….. (iii)
Subtract eqn. (i) and (ii)
 5C + 5G =  53 000
C – G = 10600 ………. (iv)
Solve eqn (iii) & (iv)
C = 12000
G = 1400
Thus, Cost of Cow = Rs. 12000
ibps rrb clerk asst multipurpose mains 2024 IMPORTANT QUESTION AND ANSWERS

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