Profit and Loss Problems with Solutions for Bank Exams
Profit and Loss Problems with Solutions for Competitive Exams
Q : A person bought two watches for Rs. 480. He sold one at a loss of 15% and the other at a profit of 19% and he found that each watch was sold at the same price. Find the cost price of the two watches.
(A) Rs. 280, Rs. 200
(B) Rs. 250, Rs. 280
(C) Rs. 380, Rs. 300
(D) Rs. 350, Rs. 450
Correct Answer : A
A drug dealer sells a tablet for 5 rupees. If he buys a tablet packet for Rs 50 and if a tablet packet contains 25 tablets, what will be his profit percentage?
(A) 100%
(B) 150%
(C) 50 %
(D) 200%
Correct Answer : B
The cost price of 60 articles is same as the selling price of x articles. If there is a profit of 20%, then what is the value of x?
(A) 15
(B) 50
(C) 30
(D) 80
Correct Answer : B
While selling an article for Rs 18450, a person suffered a loss of 50%. At what price he should have sold the article (in Rs) to earn a profit of 50%?
(A) 13837
(B) 52000
(C) 56775
(D) 55350
Correct Answer : D
If a vendor sells apples at Rs 170 per kg he suffers 15 % loss. If he sells at Rs 230 per kg, then what is his profit percentage?
(A) 5
(B) 20
(C) 15
(D) 10
Correct Answer : C
A trader sells two items at the rate of Rs 400 each. If he gains 15% on one and losses 15% on other, then what is the value (in Rs) of loss?
(A) 24.36
(B) 22.14
(C) 20.25
(D) 18.41
Correct Answer : D
A person bought pens at 25 for a rupee and sold at 15 for a rupee. What is his profit percentage?
(A) $$66{2\over 3}$$
(B) 40
(C) $$16{2\over 3}$$
(D) $$33{1\over 3}$$
Correct Answer : A
Vinayak bought an item and sold it at a loss of 5%. If he had bought it for 10% less and sold it for Rs.390 more, he would have had a profit of 20%, find the cost price of item.
(A) Rs. 3300
(B) Rs. 3600
(C) Rs. 3200
(D) Rs. 3000
Correct Answer : D
A car worth Rs 30,000 was sold by A to B at 10 % profit. B sold the car back to A at 5 % loss. In the entire transaction.
(A) A gain Rs 1500
(B) A loss Rs 1500
(C) A gain Rs. 1650
(D) A gain Rs. 1850
Correct Answer : C
Vivek buys 3 shirts at an average price of Rs. 1250. If he buys 2 more shirts at an average price of Rs. 1450. What will be the average price (in Rs.) of all the 5 shirts he buys?
(A) 1350
(B) 1390
(C) 1330
(D) 1310
Correct Answer : C
With help of these solutions, you can understand properly how to solve the difficult equations related profit and loss in competitive exams. If you have any doubt or you want to ask anything regarding profit and loss problems with solutions, you can ask me in the comment section. For upcoming exams, you can practice profit and loss questions with answers in Hindi also.
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Vikram Singh
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