Profit and Loss Questions and Answers for SSC and Bank Exams
Profit and Loss Questions
Q.41 A merchant profess lose 4% on a certain ten, but he sues a weight equal a 840g instead of 1 kg. Find his real loss or gain per cent.
(A) 16 2/3 %
(B) 14 2/7 %
(C) 10%
(D) 12 ½ %
Ans . B
To know more about Input and Output System: input-and-output-system-objective-type-question-for-competitive-exams
Q.42 A shop man bought oranges at the rate of 7 for 5 rupees and sold them a profit of 40 per cent. How many oranges would a customer get for a rupee?
(A) 1 for Rs. 2
(B) 2 for Rs. 1
(C) 1 for Rs. 1
(D) 1 for 50 p
Ans . C
Q.43 By selling wheat at Rs. 3 a kg a man gains 10%. By how much must he raise the price so as to gain 21% ?
(A) 30 p
(B) 50 P
(C) 25 p
(D) 60 p
Ans . A
Q.44 A man sells two goats at Rs. 120 each and by doing to gain 25% on one goat and loses 25% on the other. Does he gain or lose on the whole and by how much?
(A) Gain Rs. 12
(B) loss Rs. 16
(C) Gain Rs. 16
(D) loss Rs. 12
Ans . B
Q.45 A sells an article to B at a profit 5% and B sells it to C at a loss of 5%. If C pays Rs. 23.94 P for it, what did it cost A?
(A) Rs. 24
(B) Rs. 25
(C) Rs. 20
(D) Rs. 22
Ans . A
Q.46 By selling 12 kg of onions for Rs. 63, 1 gain 5%. What do I gain or lose percent by selling 50 kg of the same onions for Rs. 247.50 p?
(A) 1% profit
(B) 1% loss
(C) 2% loss
(D) 2% profit
Ans . B
Q.47 I sell 16 articles for some money as I paid for 20. What is my gain percent?
(A) 20%
(B) 25%
(C) 40%
(D) 15%
Ans . B
Q.48 By selling 66 meters of cloth, I gain the cost of 22 meters. Find my gain percent.
(A) 50%
(B) 33 1/3 %
(C) 25%
(D) 66 2/3 %
Ans . A
Q.49 A merchant purchased 300 quintals of gram. He sold 200 quintals at Rs. 126 per quintal and there by gained 5 percent on it. At what rate should he sell the remainder so that they may gain 10 percent on the whole?
(A) Rs. 144 per quintals
(B) Rs. 140 per quintals
(C) Rs. 136 per quintals
(D) Rs. 148 per quintals
Ans . A
Q.50 A reduction of 25% in the price of clay would enables a purchase to obtain 25 kg more for Rs. 45. What is the reduced price per kg and what was the price per kg before reduction?
(A) 45 p, 60 p
(B) 45 p, 75 p
(C) 40 p, 60 p
(D) 40 p, 65 p
Ans . A
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Rajesh Bhatia
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