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Q:

The ratio of the cost price and selling price of a shirt is 32 : 37. What is the profit percentage?

 

A) 15.63 B)  13.51
C) 17.21 D) 14.44
 
Answer & Explanation Answer: A) 15.63

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

If selling price of 39 articles is equal to the cost price of 42 articles, then what will be the profit percentage?

 

A) 8.33 B) 7.69
C)  9.09 D) 11.33
 
Answer & Explanation Answer: B) 7.69

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Q:

Consider the given argument and decide which of the given assumptions is (are) implicit.

 

Argument :

 

A top television company announced up to 50% discount on their new launch of LED TV.

 

Assumptions :

 

1. The sales of the LED TV may increase.

2. The company will become the top seller of the LED TV.

 

A) Both 1 and 2 are implicit B) Only assumption 1 is implicit
C) Neither 1 nor 2 is implicit D) Only assumption 2 is implicit
 
Answer & Explanation Answer: B) Only assumption 1 is implicit

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Filed Under: Statement and Assumptions
Exam Prep: Bank Exams

Q:

D sells a table to E at a profit of 30% and E sells it to F at a loss of 30%. What is the ratio of cost prices of D and F?

 

A) 100:91   B)  100:130  
C)  100:126   D) 1:1
 
Answer & Explanation Answer: A) 100:91  

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Q:

If selling price is Rs. 72 and Gain percentage = 20%, calculate the Cost Price.

A) Rs.60 B) Rs.58
C) Rs.61 D) Rs.59
 
Answer & Explanation Answer: A) Rs.60

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Q:

A man buys 10 oranges for Rs. 3 and sells 8 for Rs. 3. Calculate his gain percent.

A) 20% B) 25%
C) 27% D) 30%
 
Answer & Explanation Answer: B) 25%

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Q:

A pen is sold at a discount of 36.36%. If the marked price of the pen is Rs 14300, then what is the selling price of the pen?

 

A) 8600 B) 9100
C) 10200 D) 11700
 
Answer & Explanation Answer: B) 9100

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Filed Under: Percentage
Exam Prep: Bank Exams

Q:

A sells vegetables at a profit of 35% and for weighing uses a weight which is 10% less than the article weight. What is total profit percentage?

 

A) 50 B) 35
C) 45 D) 55
 
Answer & Explanation Answer: A) 50

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Filed Under: Profit and Loss
Exam Prep: Bank Exams