Financial Problems-Profit and Loss (Bank-PO (IBPS) Quantitative-Aptitude): Questions 6 - 10 of 14

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Question number: 6

» Financial Problems » Profit and Loss

MCQ▾

Question

Seema purchased a bicycle at 8/11th of its selling price. She sold it later at a gain of 10%. How many times the selling price of Seema is of the original selling price?

Choices

Choice (4) Response

a.

3/2

b.

4/5

c.

5/6

d.

5/3

Question number: 7

» Financial Problems » Profit and Loss

Appeared in Year: 2013

MCQ▾

Question

A shopkeeper sells two watches for 308 each. On one he gets 12 % profit and on the other 12 % loss. His profit or loss in the entire transaction was: (IBPS PO)

Choices

Choice (4) Response

a.

3225% gain

b.

11125% gain

c.

3225%loss

d.

11125%loss

Question number: 8

» Financial Problems » Profit and Loss

Appeared in Year: 2006

MCQ▾

Question

A grocer purchased 2 kg. of rice at the rate of Rs. 15 per kg. And 3 kg. of rice at the rate of Rs. 13 per kg. At what price per kg. should he sell the mixture to earn 33 1/3 % profit on the cost price. (SBI PO)

Choices

Choice (4) Response

a.

Rs. 17.40

b.

Rs. 18.40

c.

Rs. 20.00

d.

Rs. 28.00

Question number: 9

» Financial Problems » Profit and Loss

MCQ▾

Question

Ram sells an item at a profit of 15%. If he had bought the same item at 12 % less and sold it for Rs. 25 less, how much profit he would have gained if the cost price was Rs. 8800.

Choices

Choice (4) Response

a.

Rs. 5326

b.

Rs. 2356

c.

Rs. 5325

d.

Rs. 3256

Question number: 10

» Financial Problems » Profit and Loss

Appeared in Year: 2007

MCQ▾

Question

By selling a product for Rs. 100/- how much profit was earned?

(I) 20 % profit would have been earned if it had been sold for Rs. 90/-

(II) The profit was one-third of the purchase price. (SBI PO)

Choices

Choice (4) Response

a.

If the data in both the statements I and II together are necessary to answer the question.

b.

If the data in statement II alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question.

c.

If the data either in statement I alone or in statement II alone are sufficient to answer the questions.

d.

If the data even in both the statement I and II together are not sufficient to answer the question.

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