Quantitative Aptitude Quiz for IBPS Clerk Mains VI – Profit & Loss – 1

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Hello and welcome to exampundit . Here is a set of Quantitative Aptitude Quiz for IBPS Clerk Mains VI based only on Profit & Loss.

1. Ajay bought 40kgs of wheat at Rs. 12.50 per kg and 25kgs of it at Rs. 15.10 per kg. He mixed them together. At what rate should he sell the mixture to earn 10% profit?

(a) Rs. 13.50

(b) Rs. 13.25

(d) Rs. 14.85

(e) None of these

2. The profit earned after selling an article for Rs. 1,516 is the same as loss incurred after selling the article for Rs. 1,112. Then what is the cost of the article?

(a) Rs. 1,314

(b) Rs. 1,343

(d) Rs. 1,434

(e) None of these

3. The profit earned after selling an article for Rs. 1,754 is the same as loss incurred after selling the article for Rs. 1,492. Then what is the cost price of the article?

(a) Rs. 1,623

(b) Rs. 1,523

(d) Rs. 1,589

(e) None of these

4. Radhakant purchased 100 sarees @ Rs. 450 per piece. While selling he offered 10% discount on the labelled price and earned a profit of 20%. Then what was the labelled price of each saree?

(a) Rs. 540

(b) Rs. 650

(d) Rs. 600

(e) None of these

5. Vinay makes a profit of Rs. 110 if he sells a certain number of pencils he has at the price of Rs. 2.5 per pencil and incurs a loss of Rs.55 if he sells the same number of pencils for Rs. 1.75 per pencil. How many pencils does Vinay have?

(a) 220

(b) 240

(d) Cannot be determined

(e) None of these

6. A shopkeeper bought 30 kg of wheat at the rate of Rs. 45 per kg. He sold 40 percent of the total quantity at the rate of Rs. 50 per kg. Approximately, at what price per kg. should he sell the remaining quantity to make 25 percent overall profit?

(a) Rs. 54

(b) Rs. 52

(d) Rs. 60

(e) Rs. 56

7. Priyanka purchased a car for Rs. 2,50,000 and sold it for Rs. 3,48,000. Then what is the percent profit she made on the car?

(a) 40

(b) 39.2

(d) 38

(e) None of these

8. Suman purchased a mobile phone and refrigerator for Rs. 12,000 and Rs. 10,000 respectively. She sold the refrigerator at a loss of 12 percent and mobile phone at a profit of 8 percent. Then what is her overall loss/profit?

(a) Loss of Rs. 280

(b) Profit of Rs. 2,160

(d) Profit of Rs. 2,060

(e) None of these

9. A shopkeeper sells notebooks at the rate of Rs 45 each and earns a commission of 4%. He also sells pencil box at the rate of Rs. 80 each and earns a commission of 20%. How much amount of commission will he earn in two weeks if he sells 10 notebooks and 6 pencil boxes a day?

(a) Rs. 1,956

(b) Rs. 1,586

(d) Rs. 1,596

(e) None of these

10. A man sold a wristwatch for Rs. 2,400 at loss of 25 percent. At what rate should he have sold the wristwatch to earn a profit of twenty five percent?

(a) Rs. 3,600

(b) Rs. 4,000

(d) Rs. 3,800

(e) None of these

Answers: