*Hello and welcome to ***exampundit**. Here is the 2nd set of Profit & Loss problems for Bank Exams in 2017.

1. A juice

vendor mixes 10% water in pure juice but he is not happy with the gain so he

mixes 10% more water in the previous mixture and sells it at cp. What is his

gain %?

vendor mixes 10% water in pure juice but he is not happy with the gain so he

mixes 10% more water in the previous mixture and sells it at cp. What is his

gain %?

A) 11.11%

B) 20%

C) 12.%

D) 21%

E) None

2. A

wholesaler sells toys at a profit of 20% to a seller and the seller sells it to

a boy at profit of 25%.what is profit percentage of the boy?

wholesaler sells toys at a profit of 20% to a seller and the seller sells it to

a boy at profit of 25%.what is profit percentage of the boy?

A) 25%

B) 20%

C) 36%

D) 54%

E) Cannot

be determined

be determined

3. A

smuggler earns 25% profit on all his transactions. Once 25% of his consignment

was abducted by another rival smuggler. Trying to compensate his loss he sold

the rest at a higher selling price up by 20%. What is his new profit or loss

percent?

smuggler earns 25% profit on all his transactions. Once 25% of his consignment

was abducted by another rival smuggler. Trying to compensate his loss he sold

the rest at a higher selling price up by 20%. What is his new profit or loss

percent?

A) 10% loss

B) 12.5%

loss

loss

C) 12.5%

profit

profit

D) 11.11%

loss

loss

E) 11.11

%profit

%profit

4. Cello

pens produce very fine quality of

writing pens. The manufactures know that on an average 10% produced pens are

always defective and are rejected before packing. The manufacturer promises to deliver 7200

pens to a wholesaler at rs 10 each. The overall estimated profit is 25%. What

is the manufacturing cost of each pen?

pens produce very fine quality of

writing pens. The manufactures know that on an average 10% produced pens are

always defective and are rejected before packing. The manufacturer promises to deliver 7200

pens to a wholesaler at rs 10 each. The overall estimated profit is 25%. What

is the manufacturing cost of each pen?

A) 6

B) 5.6

C) 7.2

D) 8

E) None

5. Anil

sells a bouquet to Bipin at 4/5th rate of profit at which bipin sells it to

Chandan. Further, Chandan sells it to Dinesh at half the rate of profit at

which anil sold it to Bipin. If Chandan earns a profit of10% by selling it to

Dinesh for Rs 2805. What is the cost price of bouquet for Bipin?

sells a bouquet to Bipin at 4/5th rate of profit at which bipin sells it to

Chandan. Further, Chandan sells it to Dinesh at half the rate of profit at

which anil sold it to Bipin. If Chandan earns a profit of10% by selling it to

Dinesh for Rs 2805. What is the cost price of bouquet for Bipin?

A) 1896

B) 2040

C) 1680

D) 2000

E) None

6. Pinky

and Sandy invested some money in an investment bank in ratio of 3:5 for same

time period. They decided that at end of year 20% of the profit would be

donated to an orphanage. Out of the remaining 75% to be reinvested and rest of

profit to be divided as interest for their capitals. If the difference in their

shares is Rs 1200. Find the total profit?

and Sandy invested some money in an investment bank in ratio of 3:5 for same

time period. They decided that at end of year 20% of the profit would be

donated to an orphanage. Out of the remaining 75% to be reinvested and rest of

profit to be divided as interest for their capitals. If the difference in their

shares is Rs 1200. Find the total profit?

A) 18000

B) 12000

C) 24000

D) 58000

E) None

7. Edosys

group launched a new project in January 2010. The group produced 10000 units

for Rs 120000. It sold 20% of these units freely as specimen and 25% of the rest

are sold at 25% discount and rest at 16.66% discount whose manufacturing cost

was Rs 12 per unit. What is the overall gain or loss in first month production

of the product, if the product could not realize income from advertisements and

other sources?

group launched a new project in January 2010. The group produced 10000 units

for Rs 120000. It sold 20% of these units freely as specimen and 25% of the rest

are sold at 25% discount and rest at 16.66% discount whose manufacturing cost

was Rs 12 per unit. What is the overall gain or loss in first month production

of the product, if the product could not realize income from advertisements and

other sources?

A)

56%profit

56%profit

B) 35% loss

C) 16.66%

profit

profit

D)

38%profit

38%profit

E) None

8. Prince

Shoes sells their shoes whose prices i.e. cost prices and selling prices are

multiplies of either 13,14,15,16,17,18 or 19 starting from Rs 399 to 699 ( 1.e-

399=<CP/SP=<699). What can be the maximum profit of the company?

Shoes sells their shoes whose prices i.e. cost prices and selling prices are

multiplies of either 13,14,15,16,17,18 or 19 starting from Rs 399 to 699 ( 1.e-

399=<CP/SP=<699). What can be the maximum profit of the company?

A) Rs 292

B) Rs 398

C) Rs 298

D) Rs 300

E) None

9. Kasturilal

marks up his goods by 80% and gives discount of 25%. Besides , he also weighs

10% less amount while selling his goods. What is his net profit?

marks up his goods by 80% and gives discount of 25%. Besides , he also weighs

10% less amount while selling his goods. What is his net profit?

A) 50%

B) 35%

C) 45%

D) 55%

E) None

10. A shop

named Delightful Sweets marks the prices of sweets at 40% and sell only 40% of

those at his price. They sell half of the rest at 14 2/7% and rest at discount

25%. What is the net profit of delightful sweets?

named Delightful Sweets marks the prices of sweets at 40% and sell only 40% of

those at his price. They sell half of the rest at 14 2/7% and rest at discount

25%. What is the net profit of delightful sweets?

A) 26.5%

B) 23.5%

C) 30%

D) 28.6%

E) None

Answers & Solutions:

1.

**Answer-**d
Let us

assume he has 100 l juice.

assume he has 100 l juice.

After

adding 10 % extra water new amount of juice= 110l

adding 10 % extra water new amount of juice= 110l

Again

adding 10% water, new juice= 121 l

adding 10% water, new juice= 121 l

Profit=21/100*100=21%

2.

**Answer-**a
Its obvious

the answer is 25 % . no need of any calculation but during exams, we feel like

it must not be that simple and sometimes start calculating and waste time.

the answer is 25 % . no need of any calculation but during exams, we feel like

it must not be that simple and sometimes start calculating and waste time.

3.

**Answer-**c
Let cp of

one article be rs 1

one article be rs 1

Sp = rs

1.25

1.25

Again new

sp = (1.25*1.2)=1.5

sp = (1.25*1.2)=1.5

If he

initially sells 100 articles, cp = 100*1=rs 100

initially sells 100 articles, cp = 100*1=rs 100

Sp =

100*1.25= rs 125

100*1.25= rs 125

New sp =

75*1.5=112.5 ( as 25% articles were lost)

75*1.5=112.5 ( as 25% articles were lost)

New gain %=

12.5 %

12.5 %

4.

**Answer-**c
Only 90% of

the manufactured pens are delivered for sale.

the manufactured pens are delivered for sale.

Let M be

the manufacturing cost of each pen.

the manufacturing cost of each pen.

Total

income including profit=(8000*M)*1.25

income including profit=(8000*M)*1.25

This income

is obtained by selling 90% manufactured pens at rs10 i.e. 7200*10.

is obtained by selling 90% manufactured pens at rs10 i.e. 7200*10.

Hence

(8000*M)*1.25=7200*10

(8000*M)*1.25=7200*10

M=7.2

5.

**Answer-**b
Chandans

profit=10%

profit=10%

Anils

profit=20 %

profit=20 %

Bipins

profit=25%

profit=25%

6.

**Answer-**c
Let total

profit = Rs 100

profit = Rs 100

Amount left

after donation= 80

after donation= 80

After

reinvestment=20

reinvestment=20

Now 5x/8

– 3x/8=1200

– 3x/8=1200

Where x is

the amount left after reinvestment

the amount left after reinvestment

2x/8=1200

X=4800

Total

profit=4800×5=24000

profit=4800×5=24000

7.

**Answer-**b
total cost=

Rs 120,000

Rs 120,000

total

sale or revenue= 2000*9+6000*10=78000

sale or revenue= 2000*9+6000*10=78000

loss%=78000/120000*100=35%

8.

**Answer-**c
Maximum

possible profit=max possible difference between sp and cp.

possible profit=max possible difference between sp and cp.

Means max

sp and min cp

sp and min cp

Cp min= Rs

399

399

19m=399, m

is an integer

is an integer

Sp max=

699..let us take it as 697 ( approx for easier calculation)

699..let us take it as 697 ( approx for easier calculation)

697 =17k, k

is an integer

is an integer

So max

profit= 697-399= Rs 298

profit= 697-399= Rs 298

9.

**Answer-**a
Let actual

price of 1 g goods= Rs 1

price of 1 g goods= Rs 1

He sells

goods equal to 90 Rs only ( 10 g less)

goods equal to 90 Rs only ( 10 g less)

Again

marked price = Rs 1.8 and sp= 1.35 for 1 g

marked price = Rs 1.8 and sp= 1.35 for 1 g

Thus he

gives goods worth Rs 90 and takes Rs 135 after 25 % discount

gives goods worth Rs 90 and takes Rs 135 after 25 % discount

Thus

profit= 135-90/90 × 100= 50%

profit= 135-90/90 × 100= 50%

10.

**Answer-**b
Let number

of sweets = 100

of sweets = 100

Cp of each

sweet= Rs 1

sweet= Rs 1

Total cp =

Rs 100

Rs 100

Total sp =

40*1.4+30*1.2+30*1.05=123.5

40*1.4+30*1.2+30*1.05=123.5

Profit% =

23.5%

23.5%

####
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