# Quant Quiz – Profit & Loss – 27

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Hello and welcome to exampundit. Here is a set of Quantitative Aptitude Quiz on Profit & Loss problems for Bank Mains Exams.

1. Dixit, Pallavi, Nitu and Sushovan went to market to purchase the chairs whose costs were same. But each chair was available with two successive discounts. Dixit availed two successive discounts of 5% and 20%. Pallavi availed two successive discounts of 10% and 15%. Nitu availed two successive discounts of 12% and 13% while Sushovan availed two successive discounts of 17% and 8%. Who gets the maximum possible discounts and how much?

(a) Dixit

(b) Pallavi

(c) Nitu

(d) Sushovan

(e) All of these

Answer & Solutions

Option: A

Explanation:

1. Shashank sells a product to Tanmay at 4/5​th ​ the rate of profit at which Tanmay it to Dixit. Further Dixit sells it to Priyanka at half the rate of profit at which Shashank sold it to Tanmay. If Dixit earns a profit of 10% by selling it to Priyanka for Rs. 2805. What is the cost price of the product for Tanmay?

(a) 2040

(b) 1890

(c) 1640

(d) 2000

(e) None of the above

Answer & Solutions

Option: A

Explanation:

1. John bought a scooty for Rs. 50000. 2 years later he sold it to Smith at 10% less of the CP. Smith spend 5% of the purchasing price on its maintenance. Later Smith displayed the SP of his scooty Rs. 50000. Tyson wanted to purchase it at 15% discount but Smith gave him two successive discounts of 10% and 5% instead of 15% in one time. What is the actual discount availed by Tyson?

(a) 16%

(b) 14.5%

(c) 15.5%

(d) 15%

(e) None of these

Answer & Solutions

Option: B

Explanation:

1. A man purchased a mobile and a tab for Rs. 30000. He sold the mobile at 13% profit and tab at 17% profit. If he sold the mobile at 17% profit and tab at 13% profit, he earns Rs. 80 more. Find the CP of mobile.

(a) Rs. 15000

(b) Rs. 14500

(c) Rs. 16000

(d) Rs. 13000

(e) None of these

Answer & Solutions

Option: C

Explanation:

1. Sougata sells his cycle at a certain profit percentage. If he sells his cycle at 1/2 of his actual selling price, then he incurs a loss of 15%. What is his actual profit percentage?

(a) 72%

(b) 120%

(c) 80%

(d) 70%

(e) None of these

Answer & Solutions

Option: D

Explanation:

1. Puja sells an article at 10% above the CP. If he had bought it at 10% less than what he paid for it and sold it for Rs. 2 less, he would have gained 20%. The CP of the article is –

(a) 200

(b) 100

(c) 150

(d) 175

(e) None of the above

Answer & Solutions

Option: B

Explanation:

1. Soumen asked the shopkeeper the price of a bag. He found that he had just the required sum of money. When the shopkeeper allowed him a discount of 25%, he could bought another bag worth Rs. 900 for his brother Ranjit. What is the price which he has paid for his own bag?

(a)2500

(b)1800

(c) 3600

(d)2600

(e) None of these

Answer & Solutions

Option: E

Explanation:

1. Abdul purchases a packet of 100 pen at Rs 10 per pen. He sells a part of the packet at a profit of 40%. On the remaining part, he incurs a loss of 10%.If his overall profit on the whole packet is 20%, the number of pens he sold at profit is

(a) 55

(b) 60

(c) 50

(d) 40

(e) None of these

Answer & Solutions

Option: B

Explanation:

1. Ruchi went to purchase a mobile, the shopkeeper told her to pay 20% tax if she asked the bill. Ruchi manages to get the discount of 10% on the actual sale price of the mobile and she paid the shopkeeper Rs. 3333 without tax. Besides she manages to avoid to pay 20% tax on the already discounted price, what is the amount of discount that she has gotten?

(a) 1100

(b) 1000

(c) 1221

(d) 1111

(e) None of these

Answer & Solutions

Option: D

Explanation:

1. A man purchases 2 cats and 3 dogs for Rs 72000. He sells the cats at 15% profit and dogs at 5% loss. If in this way he gets a total profit of Rs 8000 then what is the total cost of 1 cat and 1 dog?

(a) 33667

(b) 33660

(c) 33665

(d) 33669

(e) None of these

Answer & Solutions

Option: A

Explanation:

Regards

Team EP

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