Study Materials for IBPS, Bank Exams : Numerical Ability/Quantitative Aptitude - Profit and Loss [MCQ]

1. A trader mixes three varieties of groundnuts costing Rs. 50, Rs. 20 and Rs. 30 per kg in the ratio 2 : 4 : 3 in terms of weight, and sells the mixture at Rs. 33 per kg. What percentage of profit does he make?

1. 8%
2. 3%
3. 11%.
4. 12%
5. 10%

2. A dairyman pays Rs. 6.40 per litre of milk. He adds water and sells the mixture at Rs. 8 per litre, thereby making 37.5% profit. The proportion of water to milk received by the customers is:

1. 1 : 10
2. 1 : 12
3. 2 : 7
4. 3 : 20
5. 2 : 5

3. A fruitseller has 24 kg of apples. He sells a part of these at a gain of 20% and the balance at a loss of 5%. If on the whole he earns a profit of 10%, the amount of apples sold at a loss is:

1. 9.8 kg
2. 8 kg
3. 9.6 kg
4. 12.4 kg
5. 9.7 kg

4. Two-third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%. If the total profit was Rs. 400, the value of the consignment (in Rs.) was

1. 13,000
2. 17,000
3. 15,000
4. 40,000
5. 16,000

5. 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 prices of the wall clock and the watch is equal to:

1. Rs. 111
2. Rs. 150
3. Rs. 110
4. Rs. 130
5. Rs. 115

6. Albert buys 4 horses and 9 cows for Rs.13,400. If he sells the horses at 10% profit and the cows at 20% profit, then he earns a total profit of Rs.1880. The cost of a horse is:

1. Rs. 2200
2. Rs. 2000
3. Rs. 2700
4. Rs. 3200
5. Rs. 2100

7. A man purchases two clocks A and B at a total cost of Rs. 650. He sells A with 20% profit and B at a loss of 25% and gets the same selling price for both the clocks. What are the purchasing prices of A and B respectively?

1. Rs. 550, Rs. 660
2. Rs. 250, Rs. 400
3. Rs. 378, Rs. 375
4. Rs. 300, Rs. 350
5. Rs. 350, Rs. 400

8. The C.P. of two watches taken together is Rs. 840. If by selling one at a profit of 16% and the other at a loss of 12%, there is no loss or gain in the whole transaction, then the C.P of the two watches are respectively:

1. Rs. 360, Rs. 480
2. Rs. 500, Rs. 360
3. Rs. 360, Rs. 460
4. Rs. 400, Rs. 440
5. Rs. 350, Rs. 450

9. On selling a chair at 7% loss and a table at 17% gain, a man gains Rs.296. If he sells the chair at 7% gain and the table at 12% gain, then he gains Rs.400. The actual price of the table is:

1. Rs. 2100
2. Rs. 1900
3. Rs. 2200
4. Rs. 2400
5. Rs. 2300