Quant Questions – Profit and Loss Problems Set-15

Dear Readers, IBPS is conducting Online Mains Examination for the recruitment of Clerical Cadre. Main Examination of IBPS Clerk was scheduled from 21st Jan 2018. To enrich your preparation here we have providing new series of Profit and Loss – Quantitative Aptitude Questions. Candidates those who are appearing in IBPS Clerk Main Exam can practice these Quantitative Aptitude Average questions daily and make your preparation effective.

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1)A Trader makes a profit of 12.5% by selling goods. What would be the percentage increase of new profit percentage compared to the old one, if he paid 5% less for it and the customer paid 5% more for it? (roundup last two digits after decimal)

  1. 93.33
  2. 97.46
  3. 94.73
  4. cannot be determine
  5. none.

2)Let the marked price of apple and orange is 4:5, the shopkeeper gives 30% discount for apple. If the total discount is 40%. What is the discount given to orange?

  1. 52
  2. 48
  3. 29
  4. cannot be determine.
  5. None.

3)Anil and Ashok started business with Rs 1200 and Rs 1000 respectively. After 4 months, Arun replaces Ashok with X% of Ashok’s capital. After 1 year Arun’s share out of the total profit 48000 is 10200. Find the value of X.

  1. 50
  2. 60
  3. 70
  4. Cant determine
  5. None

4)A Trader makes a profit of 50% by selling goods. What would be the change in the profit if he paid 10% less for it and the customer paid 20% more for it? (roundup decimal)

  1. 200
  2. 100
  3. 120
  4. Cant determine
  5. None

5)Babu adds 23% of his salary in shopping. 3/7th of the remaining amount is spent on Savings and the difference between Shopping and Savings expenses is Rs 12000. Out of remaining amount some part is spent on house rent and loans equally. If house rent and loan expenses is Rs 2800 less than all other expenses, then what is the house rent expenses?

  1.  52800
  2.  50000
  3. 25000
  4. Cant determine
  5. None

6)Akash sells a table to Manoj at a profit of 20% and Manoj sells this table to Sarath at a profit of 25%. Now Sarath sells this table at a loss of 10% to Mani. At what percentage loss should Mani sells this table now so that his SP becomes equal to Akash’s CP?

  1. 35
  2. 25.92
  3. 74.08
  4. Cant determine
  5. None

7)A Trader marks up the price of his goods by 40%. If he raised the discount from 5% to 10%, the profit would downs by Rs 14. How much profit would he earn if he gives a discount of 20% on the listed price?

  1. 25
  2. 30
  3. 24
  4. Cant determine
  5. None

8)The labeled Price (MRP) of a table is 50% above its produced cost. The table is sold through a shopkeeper, who earns 20% profit on his cost price. What is the profit or loss percentage for the producer who sells his table to the shopkeeper? The shopkeeper gives 20% discount on MRP.

  1. 20% profit
  2. 50 % profit
  3. 30% loss
  4. 25% loss
  5. neither profit nor loss.

9)In an examination, a student scores 4 marks for every correct answer and loses 1 mark for every wrong answer. A student attempted all the 200 questions and scored in all 200 marks. The number of questions, he answered correctly was:

  1. 80
  2. 90
  3. 120
  4. 100
  5. 75

10)Rajesh invests 20% of his annual salary in Equity. Later he invests 5% of his salary on General and Life Insurance also he invests another 10% of his annual income on Pension Policies. Rajesh invested Rs12000 on general insurance, what is the total monthly amount invested by Rajesh?

  1. 8675
  2. 8910
  3. 8730
  4. Cant determine
  5. None


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