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Q:

A wholesaler sells a watch to a retailer at a gain of 35% and the retailer sells it to a customer at a loss of 25%. If the customer pays Rs 2379.375, what had it cost the wholesaler?

A) Rs 2350 B) Rs 2409
C) Rs 2928 D) Rs 2291

Answer:   A) Rs 2350



Explanation:
Subject: Profit and Loss - Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
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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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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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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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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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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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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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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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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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