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

ibps rrb po prelims SYLLABUS WISE SUBJECTS MCQs

Number System

Profit & Loss

Averages

Percentages

Question :1

A sells an article to B at a gain of 10% , B sells it to C at a gain of 5%. If C pays Rs. 462 for it, what did it cost to A ?

Answer: (d)

Cost to A $⟶ ↖{10% ↑}$ cost to B $⟶ ↖{5% ↑}$ cost to C

⇒ Cost to A × $110/100 × 105/100$ = Rs. 462

⇒ Cost to A = ${462 × 100 × 100}/{110 × 105}$ = Rs. 400

Question :2

Rajendra bought a mobile with 25% discount on the selling price. If the mobile cost him Rs. 4,875, what is the original selling price of the mobile?

Answer: (c)

Let SP of Mobile = x

discount = 25%

${75x}/100$ = 4875

$ x = {4875 × 100}/75$ = Rs. 6500

Question :3

A grocer purchased 80 kg of sugar at Rs. 13.50 per kg and mixed it with 120 kg sugar at Rs. 16 per kg. At what rate should he sell the mixture to gain 16%?

Answer: (a)

C.P. of 200 kg of mixture = Rs. (80 × 13.50 + 120 × 16) = Rs. 3000.

S.P. = 116% of Rs.3000

= Rs. $(116/100 × 3000)$ = Rs. 3480.

∴ Rate of S.P. of the mixture = Rs.$(3480/200)$ per kg

= Rs. 17.40 per kg.

Question :4

Meera purchased 23 bracelets at the rate of Rs.160 per bracelet. At what rate per bracelet should she sell the bracelets so that profit earned is 15%?

Answer: (b)

SP = CP × $(100 + \text"P"%)/100$

= 160 × $115/100$ = 184

Question :5

A milkman sells 120 litres of milk for Rs.3360 and he sells 240 litres of milk for Rs.6120. How much discount does the trader give per litre of milk, when he sells 240 litres of milk?

Answer: (c)

SP of 120 litres = 3360

SP of 1 litre = $3360/120$ = 28

SP of 240 litres = 6120

SP of 1 litre = $6120/240$ = 25.5

Discount per litre = 28 - 25.5 = 2.5

ibps rrb po prelims IMPORTANT QUESTION AND ANSWERS

Recently Added Subject & Categories For All Competitive Exams

New 150+ Percentage Questions For IBPS Clerk Prelims 2024

Free Top Percentage Quants Aptitude based Multiple Choice Questions and Answers Practice Test Series, Quiz PDF & Mock Test for IBPS Clerk Prelims 2024 Exam

04-May-2024 by Careericons

Continue Reading »

Classification Reasoning MCQ For IBPS Clerk Prelims 2024

Most Important 100+ Classification based Verbal Reasoning Ability Multiple choice questions and answers PDF, Free New Mock tests For IBPS Clerk Prelims 2024

03-May-2024 by Careericons

Continue Reading »

Ratio and Proportion Questions with Solutions, IBPS Clerk

New Ratio and Proportion Quants Aptitude based Multiple Choice Questions and Answers Practice Test Series, Quiz & Mock Test for IBPS Clerk Prelims 2024 Exam

02-May-2024 by Careericons

Continue Reading »

Top Analogy Reasoning Ability For IBPS Clerk Prelims 2024

Most Important Analogy based Verbal Reasoning Multiple choice questions and answers practice quiz series PDF, Free New Mock tests For IBPS Clerk Prelims 2024

01-May-2024 by Careericons

Continue Reading »