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10
Q:

A farmer buys a goat and a sheep for Rs 3500. He sold the sheep at a profit of 20 percent and the goat at a loss of 10 percent. If he sold both the animals at the same price, then the cost price (in Rs) of the cheaper animal was?

A) 2000 B) 1500
C) 1750 D) 2250

Answer:   B) 1500



Explanation:
Subject: Profit and Loss - Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
Related Questions
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In how many wars will an amount be doubled at 28.75% annual rate of interest?

A) 3.00 B) 3.90
C) 3.47 D) 6.00
 
Answer & Explanation Answer: C) 3.47

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0 38
Q:

A table costing ₹ 750 was sold at 4% loss. Find out the selling price of the table.

 

A) ₹ 720 B) ₹ 780
C) ₹ 730 D) ₹ 745
 
Answer & Explanation Answer: A) ₹ 720

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1 24
Q:

The cost price of goods, for a shopkeeper, was X. He marked them at 15% above the cost price. Finally, he sold the goods at a discount of 25%. What is his profit/loss percentage ?

 

A) 13% Loss   B) 12% Profit  
C) 13.5% Profit   D) 13.75% Loss  
 
Answer & Explanation Answer: D) 13.75% Loss  

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0 10
Q:

A man buys two watches ‘A’ and ‘B’ at a total cost of Rs. 800. He sells both watches at the same selling price, and earns a profit of 18% on watch ‘A’ and incurs a loss of 22% on watch ‘B’. What are the cost prices of the two watches? (two place after decimal)

 

A) A = Rs. 350.32 and B = Rs. 450.68     B) A = Rs. 318.37 and B = Rs. 481.63    
C) A = Rs. 220 and B = Rs. 580     D) A = Rs. 317 and B = Rs. 483    
 
Answer & Explanation Answer: B) A = Rs. 318.37 and B = Rs. 481.63    

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0 30
Q:

A shopkeeper marks the price of an article in such a way that after allowing a discount of 22%, he gets a gain of 11%.If the marked price is Rs.888, then the cost price of the article is:

 

A) ₹ 624 B)  ₹ 782
C) ₹ 550 D) ₹ 895
 
Answer & Explanation Answer: A) ₹ 624

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0 77
Q:

An article was sold at a gain of 18%. If it had been sold for ₹ 49 more, then the gain would have been 25%. The cost price of the article is:

 

A) ₹ 700 B) ₹ 570
C) ₹ 650 D) ₹ 890
 
Answer & Explanation Answer: A) ₹ 700

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0 520
Q:

A manufacturer sells cooking gas stoves to shopkeepers at 10% profit, and in turn they sell the cooking gas stoves to customer to earn 15% profit. If a customer gets a cooking gas stove for ₹7,590, then what is its manufacturing cost?

 

A) ₹ 6,500 B) ₹5,000
C) ₹5,090 D) ₹6,000
 
Answer & Explanation Answer: D) ₹6,000

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0 280
Q:

X sells shoes to Y at a profit of 20% and Y sells same shoes to Z at a profit of 23%. If Z pays Rs 3321 for the shoes, then what was the cost price (in Rs) of shoes for X?

 

A) 1950   B) 2450  
C) 2250   D) 2045
 
Answer & Explanation Answer: C) 2250  

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0 183