Profit And Loss Mcq Pdf Model Questions & Answers, Practice Test for ibps rrb clerk asst multipurpose mains 2024

Question :1

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

Question :2

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 % = ${33/4}/{99/4} × 100 = 33/99 × 100$

= $1/3 × 100 = 33{1}/3%$

Question :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% = $2.50/250 × 100 = 1%$

Question :4

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)

Question :5

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
Profit & Loss ibps rrb clerk asst multipurpose mains 2024 question answer with explanation PDF

Recently Added Subject & Categories For All Competitive Exams

Permutation and Combination Questions with Solutions PDF

Permutation and Combination Mcq Questions and Answers with easy explanation and PDF for IBPS PO MAINS 2025. Aptitude model exercise for all Govt Exams

03-Apr-2025 by Careericons

Continue Reading »

100+ Probability Aptitude Mcq PDF for IBPS PO MAINS 2025

Practice Probability Multiple Choice Questions and Answers with easy explanation and PDF for IBPS PO MAINS 2025. Aptitude model exercise for all Govt Exams

01-Apr-2025 by Careericons

Continue Reading »

100+ Quadratic Equations Mcq, PDF for IBPS PO MAINS 2025

Important Quadratic Equations questions and answers solutions with PDF for IBPS RRB PO. Aptitude Objective MCQ Practice Exercises all competitive exams

28-Mar-2025 by Careericons

Continue Reading »

100+ Linear Equations Aptitude MCQ - IBPS PO MAINS 2025

Important Linear Equations Objective Questions and solutions can be downloaded PDF for IBPS PO MAINS 2025. Practice Aptitude MCQ Exercises for Bank Exams

26-Mar-2025 by Careericons

Continue Reading »