A man sells two articles. The cost price of the first article is equal to the selling price of the second article. The first article is sold at a profit of 20% and the second articles is sold at a loss of 20%. What is the ratio of the selling price of the first article and the cost price of the second article?
Profit And Loss Questions For Ssc Pdf Free
Q6. If a vendor sells a coconut at Rs 14.4 he makes 10% loss. If he wants to make 25% profit, then at what price (in Rs) should he sell?यद कई वक्रेत एक नरयल 14.4 रुपये में बेचत है, त उसे 10% क नुकसन हत है यद वह 25% लभ कमन चहत है, त उसे कस मूल्य पर (रु में) बेचन चहए?(a) 18(b) 20(c) 16(d) 22
Q1. The profit earned by a shopkeeper by selling a bucket at a gain of 8% is Rs. 28 more then when he sells it at a loss of 8%. The cost price (in Rupees) of the bucket is(a) 170(b) 190(c) 175(d) 165
Q7. Ramesh sold a book at a loss of 30%. If he has sold it for Rs. 140 more, he would have made a profit of 40%. The cost price of the book is(a) Rs. 280(b) Rs. 200(c) Rs. 260(d) Rs. 300
Q9. A sells a watch to B and makes a loss of 12%. B makes a profit of 121/2% by selling the watch to C. If A sells the watch to B at the cost of which C purchased it, then the percentage of loss or profit of A will be.(a) 1% loss(b) 1% Profit(c) 2% loss(d) 2% Profit
Q10. A man buys 3 type-I cakes and 6 types-II cakes for Rs. 900. He sells type-I cakes at a profit of 15% and type-II cakes at a loss of 10%. If his overall profits is Rs. 30, the cost price (in Rs.) of a type-I and of a type-II cakes is(a) 100, 100(b) 160, 70(c) 180, 60(d) 120, 90
Q4. A house and a shop were sold for Rs 1 lakh each. In this transaction, the house sale resulted into 20% loss whereas the shop sale into 20% profit. The entire transaction resulted in
In Exercise 13.1 of Chapter 13, we shall discuss more problems based on profit and loss, including profit percentage and loss percentage. Students can refer to RD Sharma Solutions, prepared by our subject experts, to help students clarify their doubts pertaining to this chapter. Through regular practice, students can boost their method of solving problems by using short-cut tips to secure high marks in the annual examination. Students can download the PDF easily from the links given below.
8. Ramesh bought two boxes for Rs 1300. He sold one box at a profit of 20% and the other box at a loss of 12%. If the selling price of both boxes is the same, find the cost price of each box.
12. Ravish sold his motorcycle to Vineet at a loss of 28%. Vineet spent Rs 1680 on its repairs and sold the motor cycle to Rahul for Rs 35910, thereby making a profit of 12.5%, find the cost price of the motor cycle for Ravish.
19. Mariam bought two fans for Rs 3605. She sold one at a profit of 15% and the other at a loss of 9%. If Mariam obtained the same amount for each fan, find the cost price of each fan.
Profit and Loss Questions: Profit and loss questions as they are really an important part of Quant section of IBPS exams. Quant is such a section that requires rigorous practice on the part of an aspirant. One needs to cover all the topics under the English section with the help of a wide variety of questions. The aspirants who are targeting the IBPS exam and aspire to join the Banking Industry in 2022 itself, need to buck up and practice rigorously. We all are well aware of the ever-rising cut-off game of the Banking & Government Exams these days. We need to make sure that we leave no stone unturned in our preparation. In this blog, we would be covering one of the frequently asked topics i.e. Profit and Loss by providing Profit and Loss Questions
The cost price and selling price are given in the following table .Find out whether there was a profit or a loss and how much it was . Ex. Cost Price (in Rs) Selling Price ( in Rs) Profit or Loss How Much ? 1. 4500 5000 2. 4100 4090 3. 700 799 4. 1000 920
Pramod bought 100 bunches of methi greens for Rs 400. In a sudden downpour, 30 of the bunches on his handcart got spoilt. He sold the rest at the rate of Rs 5 each. Did he make a profit or a loss? How much?
Lalitabai sowed seeds worth Rs 13700 in her field. She had to spend Rs 5300 on fertilizers and spraying pesticides and Rs 7160 on labour. If, on selling her produce, she earned Rs 35400 what was her profit or her loss?
Dishonest Dealers and faulty weights is an important topic in profit and loss generally asked in all competitive exams. In this topic, we come across such type of problems in which shopkeeper sells the items at cost price but still, he makes a profit on those items. This can be only possible if he gives less quantity to the customer then the indicated on the product. A dishonest merchant shows he is selling the product on cost price in the welfare of customer but in that he reduced its weight.For example, if shopkeeper sells a 1-liter packet of milk at its cost price but he gives only 800 ml milk in that packet. In this case, he is giving 800 ml milk to a customer and charging amount for 1000 ml to the customer. Hence, we can say that 800 ml is cost price and 1000 ml is selling price. So, he is getting a profit of 200 ml of milk on selling 800 ml milk.
Sometimes, we come across such type of questions in which a shopkeeper makes two profits by selling the product at a higher price from cost price along with faulty weights or shopkeeper is using faulty weights at both the times while selling and purchasing the products. In this case, a shopkeeper is getting two types of profit one by selling the product at a different price other by giving the wrong weight to customer. This type of question can simply be solved with the concept of the successive (compounded) percentage change. Let us suppose shopkeeper is making x% profit while selling the product and making y% profit while selling the same product. So his overall profit can be directly calculated as x + y + (xy/100). We can also use this formula id shopkeeper is making a loss because of any reason or he is giving any discount by putting a negative sign in front of percentage. We understand this concept by solving some examples based on it.
Method 2: In this type of questions we can directly calculate the profit percentage earned by the shopkeeper while purchasing and selling the product we can combine both percentages by using the concept of successive as discussed above. In this question shopkeeper is purchasing 120 ml milk and paying for only 100 ml means he is making 20% profit and while selling he is charging the price of 100 ml but giving only 80 ml to customer means he is getting a profit of 20 ml on selling 80 ml milk means his percentage profit on selling is (20/80) 100 = 25%. So the overall profit of the shopkeeper is 20 + 25 + (2025/100) = 50%.
Eg4: A shopkeeper claims that he is selling sugar at 20 Rs/kg which cost him 25 Rs/kg but he is giving 800 grams instead of 1 kg. Find the percentage profit or loss of the shopkeeper?
Solution: Given that cost price of 1000 gm sugar is 25 Rs but the shopkeeper is giving only 800 gm so the cost price of 800gm rice is 25/1000800 = 20 Rs. And shopkeeper selling this quantity of sugar claiming as 1 kg in 20 Rs/kg. So there is no profit and loss to the shopkeeper as he purchased this 800 grams sugar in 20 Rs. by selling this at the same price.
Eg8: A shopkeeper normally makes a profit of 20% in a certain transaction; he weighted 900 gm instead of 1 kg due to an error in weight machine. If he charges 20% less what he normally charges, what is his actual profit or loss percentage?
Profit and Loss Questions PDF: Profit and loss are the terms used to find whether any transaction is profitable or not. The concept of profit & loss is used by us in our daily lives as well. Mostly we use this concept to calculate the loss or gain on any product. The price at which we buy anything is called cost price and the price at which any product is sold is called selling price.
There is also a marked price which means the price which is printed on any product. So in this article, we are going to discuss profit and loss formulas, concepts, tricks, questions, and examples. Profit and Loss is one most important topics for bank exams, 1 to 2 questions have been seen in Bank PO Prelims exams. Here at Dream Big Institution, you will get a Profit and Loss PDF with Tricks to Solve Fast. Solving a Profit and Loss is basically based on the practice as much you will practice different types of questions that much will be familiar to profit and loss problems.
Profit & Loss is one of the favorite topics of the examiner which is commonly asked in the banking examinations. Profit & Loss is asked in the prelims as well as the mains exam with a difference in the difficulty level. Instead of doing again & again, clear your concepts once and then practice profit & loss questions.
Most of the candidates make a mistake by directly jumping on the short tricks instead of learning the core concepts therefore we will provide all the formulas of profit & loss and also try to clear your concepts. Keep reading this article to check profit & loss questions & examples.
Well, tricks are nothing but a way to reduce the steps to calculate the answer, if you know the basics then only you can understand the logic behind the tricks. So we have provided below some profit & loss tricks which you can use while solving similar types of questions 2ff7e9595c
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