SBI & IBPS : Math Questions Quiz - 7

Problem Based On Profit and Loss

Q.1) A horse was sold for Rs. 20000 with a profit of 25 %.if it were sold with a profit of 40% then what would have been the sold price?


Ans: Rs. 22400
 
Q.2) Reeta bought a plot for Rs. 500000 then sold half of the plot at 10 % profit and rest at 15% profit. What is the total profit % she gain?

Ans: 12.5%
 
Q.3) Suresh bought a bicycle for Rs. 1000 and then sold it to Mahesh at a profit 20%. Mahesh sold it to Ramesh at a loss of 10%. How much money paid by Ramesh to Mahesh? 

Ans: Rs. 1080

Q.4) A man sold his article at a profit of 10 %. If he had sold it at a profit of 15% he would gain Rs. 200 more. What is the cost price of article? 

Ans: Rs. 4000 

Q.5) Mohan sold each of two articles at Rs. 99. At one he losses 10% and another he gains 10%. How much % he gain/loss in whole transaction? 


Ans: 4%

Q.6) A man sold each of two articles at the same price. At first article he gains 20% and in another he gains 25%. If cost price of first article is Rs. 10000 then what is the cost price of second article?

Ans: Rs. 9600

Q.7) The C.P. of 40 articles is equal to S.P. of 50 articles. Find the gain or loss percent? 

Ans: 20%

Q.8) The ratio between the sale price and the cost price of an article is 7:5. What is the ratio between the profit and cost price of that article? 

Ans: 2:5

Q.9) A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?


Ans: 5

Q.10) A shopkeeper cheats to the extent of 10% and while buying as well as selling, by using false weights. His total gain is?

Ans: 21%