profit and loss mcq pdf Model Questions & Answers, Practice Test for ibps rrb so officer sclae 2 3 single exam 2024
ibps rrb so officer sclae 2 3 single exam 2024 SYLLABUS WISE SUBJECTS MCQs
Number System
Lcm & Hcf
Ratio & Proportion
Percentage
Time & Work
Mensuration
Advance Math
Trigonometric Ratios & Identities
Average
Profit & Loss
A man purchased an article and sold it to B at a profit of 25% and B sold it to C at a loss of 10% and C paid Rs. 675 for it. For how much did A. purchase it (in Rs.)?
Answer: (c)
According to question,
| A | → | B | 4 | 5 |
| 25% profit | × | × | ||
| B | → | C | 10 | 9 |
| 10% profit | 40 → CP of A | 45 → CP of C |
45 units = 675
1 unit = $675/40$
40 units = $675/45 × 40 = 600$
CP of A = Rs. 600
By selling an article, a man makes a profit of 25% of its selling price. His profit percent is
Answer: (d)
According to question,
25% of SP = ${1 → Profit}/{4 → SP}$
thus, CP = SP - Profit
CP = 4 – 1
CP = 3
Profit% = ${Profit}/{CP} × 100$
= $1/3 × 100 = 33 {1}/3%$
The list price of an electric fan is 300. If two successive discount of 15% and 10% are allowed. Its selling price would be
Answer: (b)
SP = 300 × = ${100 - 15%}/100 × {100 - 10}/100$
= $300 × 85/100 × 90/100 = 229.50$
A shop-man bought pens at the rate of 7 for Rs. 10 and sold them at a profit of 40%. How many pens would a customer get for Rs. 10?
Answer: (c)
According to question,
CP of 7 Pens are = Rs. 10
Gain 40%
SP of 7 Pens are = Rs. 14
SP of 1 Pens are = $14/7$ = 2
Customer gets in 10 Rs. = $10/2$ = 5 Pens
A saleable article passes successively in the hands of three traders. Each trader sold it further at a gain of 25% of the cost price. If the last trader sold it for Rs. 250 then what was the cost price for the first trader ?
Answer: (b)
According to question,
| CP | SP | |||
| I | 4 | - | 5 | (25% profit first time) |
| II | 4 | - | 5 | |
| III | 4 | - | 5 | |
| 64 | 125 |
64 × 2 = 128
125 × 2 = 250 (Given)
Thus, CP = Rs. 128
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