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3
Q:

The difference between the selling prices of an article sold at 4% and 3% profits is Rs.3 The cost price of the article is :

A) Rs. 400 B) Rs. 350
C) Rs. 300 D) Rs. 100

Answer:   C) Rs. 300



Explanation:
Subject: Profit and Loss - Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
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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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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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A trader marks his goods at 60% above the cost price and allows a discount of 25%. What is his gain percent?

 

A) 20% B) 25%
C) 30% D) 40%
 
Answer & Explanation Answer: A) 20%

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A man sold two gifts at Rs. 30 each. On one gift he gained 18%, and on the other gift he lost 18%. What is his over all gain/loss (in Rs. )?

 

A) Gain of Rs. 1.75   B) Loss of Rs. 2.00  
C) Loss of Rs. 2.50   D) Gain of Rs. 2
 
Answer & Explanation Answer: B) Loss of Rs. 2.00  

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Q:

Let us say that the price of a pen has increased from Rs. 10 to Rs. 15. What is the ratio of its original price to the new price?

 

A) 3 : 2 B) 2 : 3
C) 5 : 4 D) 4 : 5
 
Answer & Explanation Answer: B) 2 : 3

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Q:

If the ratio of marked price and selling price is 14 : 11, then what is the discount percentage?

 

A) 42.58   B) 21.42  
C) 36.36   D) 33.33
 
Answer & Explanation Answer: B) 21.42  

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Q:

Pankaj sells a trouser at a loss of 10%. If he buys it for 20% less price and sells it for Rs. 9 more, then he gains 15%. What is the cost price (in Rs) of the trouser?

 

A) 450   B) 400  
C) 350   D) 440
 
Answer & Explanation Answer: A) 450  

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Q:

Ram makes a profit of 30%by selling an article. What would be the profit percent if it were calculated on the selling price instead of the cost price? (Correct to one decimal! place)

 

A) 22.4 % B) 23.1 %
C) 20.1 % D) 24.2 %
 
Answer & Explanation Answer: B) 23.1 %

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