Hello and welcome to exampundit. Here is a set of Quantitative Aptitude Quiz on Profit & Loss based problems with Shortcut Solutions for Prelims exam of SBI Clerk 2018.

1. Aman purchases 8 pens for Rs. 9 and sells 9 pens for Rs. 8. How much profit or loss does he make?

1) 20.98

2) 21.98

3) 30.89

4) 21.89

5) None of these

2. A dishonest businessman professes to sell his goods at cost price, but he uses a weight of 950 gm instead of 1 kg. Find the gain %.

1)5.26

2) 6.26

3) 6.25

4) 7.25

5) None of these

3. A man sold a cow at a loss of 7%. Had he been able to sell it at a gain of 9%, it would have fetched Rs. 64 more than it did. What was the cost price?

1) 400

2) 500

3) 600

4) 300

5) None of these

4. By selling 66 meter of cloth, a person gains the cost of 22 meter. Find the gain %.

1)100/3

2) 50

3) 25

4) 45

5) none of these

5. What will be the percentage profit after selling an article at a certain price if there is a loss of 25/2% when the article is sold at half of the previous selling price?

1) 60

2) 50

3) 75

4) 80

5) None of these

6. By selling a horse for Rs. 570, a trademan would loss 5%. At what price must he sell it to gain 5%?

1)730

2)530

3)630

4)830

5) None of these

Soln: 1)

7. Harry sells an article at a profit of 10%. If he had bought it at 10% less and sold it for Rs. 3 more, he would have gained 25%. Find the cost price.

1)150

2) 100

3)140

4) 120

5) None of these

Soln: 1)

8. A dealer sold a tv at a loss of 2.5%. Had he sold it for Rs. 100 more, he would have gained 7.5%. For what value should he sell it in order to gain 25/2%?

1) 1122

2)1120

3) 1125

4) 1130

5) None of these

9. 1/3 rd of a commodity is sold at 15% profit, 1/4 is sold at 20% profit and the rest at 24% profit. If a total profit of Rs. 62is earned, then find the value of the commodity.

1)300

2) 310

3) 320

4) 325

5) None of these

10. A shopkeeper mixed 26 kg of sugar which cost Rs. 2 a kg with 30 kg of sugar which cost Rs. 3.60 a kg and sold the mixture at Rs.3 a kg. What was his total gain and profit percent?

1) 5

2) 6

3)10

4) 12

5) None of these

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