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Profit Loss PDF

This document contains 19 profit and loss word problems that are commonly asked in bank preliminary exams in India. The problems cover a variety of scenarios involving the cost price, marked price, selling price, discounts and profits/losses of items like pens, pencils, watches, books, tables and other goods. Readers are asked to determine values like cost price, selling price, profit/loss amounts based on the information provided in each question.
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0% found this document useful (0 votes)
756 views18 pages

Profit Loss PDF

This document contains 19 profit and loss word problems that are commonly asked in bank preliminary exams in India. The problems cover a variety of scenarios involving the cost price, marked price, selling price, discounts and profits/losses of items like pens, pencils, watches, books, tables and other goods. Readers are asked to determine values like cost price, selling price, profit/loss amounts based on the information provided in each question.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Profit and Loss Questions for Bank Prelims Exam – Eng Version

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Profit and Loss Questions for Bank Prelims Exam – Eng Version

1) Ratio of the cost price of Pen and Pencil is E.None of these


3:2. If the shopkeeper sold the pen at 10% profit
and pencil at 20% profit and offers a discount of 4) A shopkeeper bought a headset for Rs.1000
10% and 5% on marked price of Pen and Pencil and the marked price of the headset is x% more
respectively, then what is the ratio of the marked than the cost price of the headset and he sold
price of Pen and Pencil? after giving a discount of (x – 30)%, but still
A.211:142 obtained a profit of Rs.200. Find the value of x.
B.209:144 A.25
C.211:141 B.30
D.219:143 C.50
E.None of these D.20
E.None of these
2) A shepherd buys two watches for Rs. 1500.
He sells the first watch at a profit of 22% and the 5) Banu bought a steel bottle and a book
second watch at a loss of 8%. What is the CP of together for Rs.980. She sold the steel bottle at
second watch if there is no profit no loss in the a profit of 20% and the book sold at a profit of
whole transaction? 25%. If she earns a total profit of Rs.220, then
A.Rs.1100 find the cost price of the book?
B.Rs.1200 A.Rs.600
C.Rs.1300 B.Rs.750
D.Rs.1500 C.Rs.480
E.None of these D.Rs.500
E.None of these
3) The Selling price of articles A and B is the
same. Article A is marked 40% above its cost 6) A shopkeeper sold a book for Rs.2400 and
price and sold after giving a discount of 15%, incurred a profit of Rs.x. If he sold the same
while article B is sold at a profit of 75%. If the book for Rs.1750 and incurred a loss of Rs.(x-
cost price of article B is Rs.1020, then find the 150), then find the cost price of the book.
cost price of article A. A.Rs.2200
A.Rs.1800 B.Rs.1900
B.Rs.1500 C.Rs.2000
C.Rs.1200 D. Rs.1800
D.Rs.1600
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Profit and Loss Questions for Bank Prelims Exam – Eng Version
E.None of these C.Rs.2500
D.Rs.3000
7) The marked price of article A is 90% of the E.None of these
marked price of article B and the ratio of the
selling price of articles A and B is 6:5. The 10) The marked price of the air conditioner is
discount amount of article A is Rs.110 less than 40% more than its cost price. If the shopkeeper
the discount amount of article B. If the selling offers a discount of 14.28% on the marked price
price of article A is Rs.360, then find the marked and the shopkeeper gets a profit of Rs.650, then
price of article B. find the selling price of the air conditioner?
A.Rs.320 A.Rs.5850
B.Rs.400 B.Rs.7800
C.Rs.500 C.Rs.9750
D.Rs.480 D.Rs.3900
E.None of these E.None of these

8) A man bought a fan for Rs.x and paid 20% 11) A shopkeeper marked the price of an article
extra as tax and he spent Rs.x/20 for at 25% above its cost price and gives two
transportation. If the man sold the fan at a profit successive discounts of 15% and Rs.120. If he
of 40%, then the selling price of fan would be gets a profit of Rs.180, then find the selling price
Rs.(x + 1500). Find the value of x. of the article.
A.4000 A.Rs.4980
B.2000 B.Rs.5180
C.3000 C.Rs.4180
D.2500 D.Rs.4680
E.None of these E.Rs.5380

9) Jaya bought a hair dryer for Rs.x and she sold 12) A shopkeeper sold a book A and B each at
it to Prabhu at a profit of 10%. Prabhu sold it to Rs.1440. On selling book A, he incurred a loss of
Keerthi at a loss of 10% and Keerthi sold it to 4%, while on selling book B, profit gained by him
Preethi at a profit of 20% and the amount paid is 20%. Find the difference between the cost
by Preethi is Rs.(x + 470). Find the amount paid price of the book A and book B?
by Jaya. A.Rs.250
A.Rs.4000 B.Rs.300
B.Rs.2800
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Profit and Loss Questions for Bank Prelims Exam – Eng Version
C.Rs.100 C.Rs.400
D.Rs.500 D.Rs.375
E.None of these E.None of these

13) Reena brought 3 different types of toys 16) The ratio of the marked price and cost price
whose prices are Rs.50, Rs.20 and Rs.30. The of the mobile is 8:5 and the shopkeeper gives
ratio of their quantity is 2 ∶ 4 ∶ 3 respectively. three successive discounts of 15%, 10% and
She sells the toys at Rs.33 per toy. What 20% respectively. If the shopkeeper gets the
percentage of profit does she make? loss of Rs.156, then find the marked price of the
A.10% mobile?
B.11% A.Rs.16000
C.12% B.Rs.16500
D.13% C.Rs.17000
E.None of these D.Rs.14000
E.Rs.12000
14) A shopkeeper marked up the cooker 50%
above its cost price and allows the successive 17) Ratio of the marked to cost price of the T-
discounts of 18% and 12% on marked price. The shirt is 3:2 and the selling price of the T-shirt is
difference between the profit earned and Rs.675. If the shopkeeper earned the profit is
discount given is Rs.150. Find the cost price of Rs.150 less than the discount offered by the T-
the cooker? shirt on its marked price, then find the discount
A.Rs.3000 offered on T-shirt?
B.Rs.3300 A.Rs.200
C.Rs.3600 B.Rs.225
D.Rs.3900 C.Rs.180
E.Rs.2800 D.Rs.240
E.Cannot be determined
15) There is some profit when a book is sold for
Rs.650. However, when the same book is sold 18) A man bought a certain number of pencils for
for Rs.350, then there is some loss occurs. If the a total cost of Rs.200 and the man sold 20
value of profit is three times of the value of loss, pencils at a profit of 40% and the remaining at a
Then find the cost price of a book? loss of 20% and the man obtained a total profit
A.Rs.450 of Rs.20. Find the total number of pencils sold.
B.Rs.425
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Profit and Loss Questions for Bank Prelims Exam – Eng Version
A.40 the calculator is Rs.9x/5 and Rs.1250
B.50 respectively, find the cost price of the calculator.
C.45 A.Rs.1200
D.60 B.Rs.1000
E.None of these C.Rs.1500
D.Rs.1800
19) A shopkeeper bought a table for Rs.x and E.None of these
marked 40% above its cost price and sold it to
his friend at a discount of 20%. His friend sold 22) Raja bought 40 kg of rice at the rate of Rs.50
the table for Rs.3080 and earned a 10% profit. per kg. He sold 37.5% of the total quantity of rice
Find the value of x? at the rate of Rs.60 per kg and the remaining
A.2000 quantity of rice sold at the rate of Rs.y per kg. If
B.2700 he gets an overall profit of 40%, then find the
C.2500 value of y?
D.3000 A.65
E.None of these B.76
C.58
20) Kumar bought a chair and a sofa together for D.80
Rs.2000. If he sells the chair at a profit of 40% E.None of these
and the sofa at a profit of 20%, then he earns a
total profit of Rs.550. Find the cost price of the 23) The cost price of a bottle is 2/3rd of the cost
chair? price of a flask. If the shopkeeper sold the bottle
A.Rs.900 at a profit of 25% profit and the flask sold at a
B.Rs.1000 profit of 15%, he gets a profit of Rs.380, then
C.Rs.750 find the cost price of the bottle?
D.Rs.1250 A.Rs.900
E.None of these B.Rs.800
C.Rs.700

21) A man bought a calculator for Rs.x and also D.Rs.500

bought a book for Rs.3x/2 and he sold the E.None of these

calculator at a profit of (y + 5)% and the book at


a profit of y%. If the selling price of the book and 24) A shopkeeper sold a table at a loss of 10%.
If he bought the same table for Rs.100 less and

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Profit and Loss Questions for Bank Prelims Exam – Eng Version
sold it at a profit of 25%, then he gets Rs.50 to calculators is 16:17, find the cost price of each
more. Find the actual cost price of the table. book.
A.Rs.720 A.Rs.800
B.Rs.500 B.Rs.600
C.Rs.640 C.Rs.500
D.Rs.800 D.Rs.750
E.None of these E.None of these

25) M invested 62.5% of the amount invested by 28) A man bought an article for a certain price
N. Profit received by M and N is in the ratio of 3: and sold it at a profit of 15 (5/7)%. Had he
4 respectively. Find the investment period for M, bought the article for Rs.700 more and sold it at
if N invested for 15 months. a profit of 20%, he would have obtained Rs.1020
A.12 months more profit. Find the original cost price of the
B.16 months article.
C.38 months A.Rs.3500
D.28 months B.Rs.4500
E.None of these C.Rs.4900
D.Rs.4200

26) Suresh bought 50 apples for Rs.1250. The E.None of these

selling price of 5 apples is equal to the cost price


of 8 apples. If he sold all the apples, then find 29) The ratio of the cost price to the selling price

the overall profit percentage? of the refrigerator is 10:11. The profit amount

A.10% earned by the shopkeeper is 33.33% less than

B.50% the discount amount offered by the shopkeeper.

C.25% If the marked price of the refrigerator is Rs.4500,

D.60% then find the cost price of the refrigerator?

E.None of these A.Rs.2800


B.Rs.3600

27) A man bought a certain number of books for C.Rs.4000

Rs.x each and sold them at a profit of 20% and D.Rs.2500

also bought the same number of calculators for E.None of these

Rs.(x + 250) each and sold them at a loss of


15%. If the ratio of the selling price of all books 30) A shopkeeper had 45 bottles and sold each
bottle at a profit of 10%. If had he sold each
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Profit and Loss Questions for Bank Prelims Exam – Eng Version
bottle at a profit of 25%, then he earned an E.None of these
overall profit of Rs.1350 more. Find the cost
price of each bottle? 33) Cost Price of article A is Rs.1000 and Cost
A.Rs.200 Price of article B is Rs.900. If A is sold at P%
B.Rs.160 profit and B is sold at (P + 10)% profit and the
C.Rs.240 difference between the selling price of article A
D.Rs.320 and article B is Rs.25. Find the value of P.
E.None of these A.10
B.15

31) A shopkeeper bought a certain number of C.25

jeans and he bought each jeans for Rs.500 and D.30

6 jeans were damaged. So, the shopkeeper sold E.None of these

the damaged jeans at a discount of 20% and he


sold the remaining jeans at a profit of 40%. Find 34) Ratio of the cost price of the Radio and

the total number of jeans he bought, if the overall Cooker is 3:2. If the shopkeeper sold the Radio

profit obtained is Rs.200. and cooker at the profit of 15% and 12%

A.18 respectively and the difference between the

B.12 selling price of Radio and Cooker is Rs.2178,

C.15 then find the cost price of Cooker?

D.10 A.Rs.2400

E.None of these B.Rs.2800

32) The sum of the cost price of a water heater C.Rs.3000

and refrigerator is Rs.7240. The shopkeeper D.Rs.3200

sold the refrigerator after giving a discount of E.Rs.3600

20% and earned a profit of Rs.768. If the profit


earned by selling a water heater for Rs.4250 is 35) The marked price of a Scooty is 40% more

the same as the loss incurred by selling the than its cost price and the shopkeeper offers a

water heater for Rs.2550, then find the marked discount of 20% on its marked price. If the

price of the refrigerator? shopkeeper offers a discount of 10% on its

A.Rs.5760 marked price, then he gets a profit of Rs.1050

B.Rs.3280 more. Find the cost price of the Scooty?

C.Rs.6400 A.Rs.9000

D.Rs.4840 B.Rs.10000
C.Rs.7500
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Profit and Loss Questions for Bank Prelims Exam – Eng Version
D.Rs.5000 B.Rs.1000
E.None of these C.Rs.1500
D.Rs.1200
36) The ratio of the marked price to the cost E.None of these
price of the book is 7:5 and the shopkeeper
offers a discount of 25% on its marked price. If 39) The selling price of 8 chairs is equal to the
the customer pays 1/7th of the discount amount cost price of 10 chairs. If each chair is sold at a
as tax, then find the profit percentage of the profit of 10% and the selling price of 8 chairs is
book. Rs.1760, then find the actual selling price of
A.10% each chair?
B.9% A.Rs.240
C.12% B.Rs.400
D.5% C.Rs.250
E.None of these D.Rs.300
E.None of these

37) Indhu bought a mobile and a laptop together


for Rs.12000. If she sold the laptop at a loss of 40) A shopkeeper originally marked the price of

10% and the mobile sold at a profit of 20%, then the article at 40℅ above its cost price and sold it

she gets an overall profit of Rs.300. Find the after offering two consecutive discounts of 10℅

cost price of mobile? and 15℅ respectively. Had he marked the price

A.Rs.6000 of the article at Rs.800 above its cost price and

B.Rs.3000 offers a single discount of 12℅ and he would

C.Rs.7000 have earned Rs.169.20 more. Then find the cost

D.Rs.5000 price of the article?

E.None of these A.Rs.3000


B.Rs.2800

38) The selling price of the shoe is 20% more C.Rs.3200

than its cost price and the ratio of the cost price D.Rs.3600

to the marked price of the shoe is 10:13. If the E.None of these

profit earned on selling the shoe is 150 more


than the discount given on the marked price of 41) An item is sold at Rs. (x+40) and makes a
the shoe, then find the selling price of the shoe? profit of 20%. If an item is sold at Rs.10 more,
A.Rs.1800

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Profit and Loss Questions for Bank Prelims Exam – Eng Version
then there will be a 25% profit. Find the profit selling price is 20:27, then find the selling price
percentage, when an item is sold at Rs. (x+80)? when the item sold at x% profit.
A.35% A.Rs. 742
B.40% B.Rs. 752
C.55% C.Rs. 704
D.30% D.Rs. 724
E.None of these E.Rs. 762

42) The marked price of cycle and Watch is 45) A man bought a table for Rs.1200 and he
Rs.2800 and Rs.3000 respectively. If the marked the cost of the table by x% above the
shopkeeper allows the discount on marked price cost price. After allowing a discount of 20%, the
of the cycle is Rs.800, which is 80% of the man obtains a profit of (x – 30)%. Find the selling
discount of watch, then what is the difference price of the table?
between the selling price of watch and cycle? A.Rs.1200
A.Rs.500 B.Rs.1500
B.Rs.550 C.Rs.1440
C.Rs.600 D.Rs.1800
D.Rs.450 E.None of these
E.None of these

46) The shopkeeper sold a bike after giving a


43) A man bought 10 pens for Rs.x and 15 discount of 20% and earned a profit of Rs.3000.
pencils for Rs. (x – 50). He sold each pen and If he had sold it for Rs.500 less he would have
pencil at a profit of 25% and 20%. If the total earned a profit of 10%, then find the marked
selling price of all pens and pencils for Rs. (2x + price of a bike?
30), then find the cost price of each pen? A.Rs.25000
A.Rs.15 B.Rs.35000
B.Rs.20 C.Rs.15000
C.Rs.10 D.Rs.45000
D.Rs.18 E.None of these
E.None of these 47) The marked price of the fridge is Rs.9600
more than that of the cost price. If the
44) An item is marked up by 50% above its cost shopkeeper offers a discount of 25% on the
price, then the shopkeeper gave x% discount marked price of the fridge and the shopkeeper
and sold at Rs.864, If the ratio of cost price and
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Profit and Loss Questions for Bank Prelims Exam – Eng Version
gets a profit of 5%, then find the cost price of the while he gets the profit of Rs.x and when the
fridge? shopkeeper offers the discount of 16% while he
A.Rs.18000 gets the profit of Rs.(10% of x). Find the cost
B.Rs.42000 price of laptop?
C.Rs.36000 A.Rs.15000
D.Rs.24000 B.Rs.16000
E.None of these C.Rs.12000
D.Rs.14000
48)The ratio of the discounts of article A and B is E.Rs.10000
7:9. If the selling price of article B is 3/5 of the
marked price of article A and the selling price of 50) The cost price of two articles A and B is the
article A is Rs.4800 and the discounts offered on same. If the shopkeeper sold the article A at the
article B is Rs.4800 more than the selling price loss of 5% and sold the article B at the profit of
of article B, then find the marked price of article 15% and the difference between the selling price
A? of article A and B is Rs.960, then find the cost
A.Rs.12000 price of article A?
B.Rs.14000 A.Rs.4000
C.Rs.16000 B.Rs.4500
D.Rs.18000 C.Rs.4200
E.None of these D.Rs.4800
E.Rs.5000
49) The marked price of a laptop is Rs.18000.
When the shopkeeper offers the discount of 10%

Answer with Explanation

1. Answer: B = 209:144
MP of Pen * 90/100 = 3x * 110/100
MP of pen = 11x/3 2. Answer: A
MP of Pencil * 95/100 = 2x * 120/100 Let thecost price of the first watch = Rs.100x
MP of pencil = 240x/95 = 48x/19 Cost price of second watch = Rs.(1500 – 100x)
Required ratio = 11x/3:48x/19

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Profit and Loss Questions for Bank Prelims Exam – Eng Version
No profit and no loss means, cost price must be
equal toselling price 6. Answer: C
[100x × (122/100)] + [(1500 – 100x) x (92/100)] = According to the question,
1500 2400 – x = 1750 + (x – 150)
122x + 1380 - 92x = 1500 2400 – 1750 = 2x – 150
30x = 120 =》x = 4 2x = 650 + 150
Cost price of second watch = 1500 – (4×100) = x = 800/2
Rs.1100 x = 400
The cost price of the book = 2400 – 400 =
3. Answer: B Rs.2000
Selling price of article B = 1.75 × 1020 =
Rs.1785 7. Answer: C
Marked price of article A = 1785/0.85 = Rs.2100 The selling price of article B = 360 * 5/6 =
Cost price of article A = 2100/1.40 = Rs.1500 Rs.300
Hence, the answer is option b). The marked price of article A = 9x
The marked price of article B = 10x
4. Answer: C 9x – 360 + 110 = 10x – 300
1000 * (100 + x)/100 * (130 – x)/100 = 1200 x = 50
(100 + x)(130 – x)/10 = 1200 Required answer = 10 * 50 = Rs.500
13000 – 100x + 130x – x2 = 12000
x2 – 30x – 1000 = 0 8. Answer: B
x2 – 50x + 20x – 1000 = 0 (x + x * 20/100 + x/20) * 140/100 = x + 1500
x(x – 50) + 20(x – 50) = 0 (x + x/5 + x/20) * 7/5 = x + 1500
x = 50, -20 (20x + 4x + x)/20 * 7/5 = x + 1500
x = 50 25x/20 * 7/5 = x + 1500
5. Answer: C 35x/20 = x + 1500
Let the cost price of the book = a 35x = 20x + 30000
And the cost price of the steel bottle = 980 – a 15x = 30000
(980 – a) * 20/100 + a * 25/100 = 220 x = Rs.2000
980/5 – a/5 + a/4 = 220
(5a – 4a)/20 = 220 – 196 9. Answer: C
a = 24 * 20 x * 110/100 * 90/100 * 120/100 = x + 470
a = 480 x * 11/10 * 9/10 * 6/5 = x + 470
The cost price of the book = Rs.480 594x/500 = x + 470
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Profit and Loss Questions for Bank Prelims Exam – Eng Version
594x = 500x + 235000 CP = 2x
94x = 235000 MP = 2x * 150/100 = 3x
x = Rs.2500 Discount = 3x * 18/100 * 12/100
= 0.0648x
10. Answer: D SP = 3x * 82/100 * 88/100 = 2.1648x
CP=5x Profit = 2.1648x – 2x = 0.1648x
MP=7x x = 1500
7x*6/7-5x=650 CP = 1500 * 2 = Rs.3000
x=650
SP=5*650+650=Rs.3900 15. Answer: B
Let the Cost price of a book be Rs. x
11. Answer: A Profit = 2Loss
CP = 4x (650-x) = 3(x-350)
MP = 4x * 125/100 = 5x 650 – x = 3x – 1050
5x * 85/100 – 120 = 4x + 180 650+1050 = 3x+x
0.25x = 300 1700 = 4x
x = 1200 x=Rs.425
SP = 1200 * 4 + 180 = 4980 16. Answer: E
8x * 85/100 * 90/100 * 80/100 = 5x – 156
0.104x = 156
12. Answer: B x = 1500
Cost price of book A = 1440 *(100/96) = Rs.1500 MP of mobile = 1500 * 8 = Rs.12000
Cost price of book B = 1440 *(100/120) =
Rs.1200 17. Answer: B
Required difference = 1500 – 1200 = Rs.300 SP of t-shirt= 675
Discount = a
13. Answer: A Profit = a – 150
Let the total toys be 9x. MP = 3x
C.P. of 9x toy = (50 × 2x + 20 × 4x + 30 × 3x) = CP = 2x
Rs.270x 675 = 3x – a
S.P. of 9 toy = 33 × 9x = 297x 675 = 2x + a – 150
Profit % = 100 × 27x/270x = 10% 675 = 2x + (3x – 675) – 150
5x = 1500
14. Answer: A x = 300
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Profit and Loss Questions for Bank Prelims Exam – Eng Version
Discount = 3 * 300 – 675 = Rs.225 x * (100 + 20 + 5)/100 = 1250
x * 125/100 = 1250
18. Answer: A x = Rs.1000
Total number of pencils = x
Cost price of a pencil = 200/x 22. Answer: B
20 * 200/x * 140/100 + (x – 20) * 200/x * 80/100 37.5% of the total quantity of rice = 40 * 37.5/100
= 200 + 20 = 15 kg
5600/x + (160x – 3200)/x = 220 The remaining quantity of rice = 40 – 15 = 25 kg
160x + 2400 = 220x 15 * 60 + 25 * y = 40 * 50 * 140/100
60x = 2400 900 + 25y = 2800
x = 40 25y = 1900
y = 76
19. Answer: C
The cost price of the table = x 23. Answer: B
The selling price of the table by the shopkeeper Let the cost price of the flask = 3a
= 3080 * 100/110 = Rs.2800 And the cost price of the bottle = 2a
x * 140/100 * 80/100 = 2800 2a*25/100+3a*15/100 = 380
x = Rs.2500 50a + 45a = 380*100
a = 380*100/95
20. Answer: C a = 400
Let the cost price of the chair = x The cost price of the bottle = 2*400 = Rs.800
And the cost price of the sofa = 2000-x
x * 140/100 + (2000 – x) * 120/100 – 2000 = 550 24. Answer: B
7x/5 + 2400 – 6x/5 – 2000 = 550 Let the cost price of the table = x
7x/5 – 6x/5 = 550 – 400 x * 90/100 = (x – 100) * 125/100 – 50
x = 150 * 5 9x/10 = 5x/4 – 125 – 50
x = 750 5x/4 - 9x/10 = 175
25x – 18x = 175 * 20
21. Answer: B x = 175 * 20/7 = 500
3x/2 * (100 + y)/100 = 9x/5 The actual cost price of the table = Rs.500
5 * (100 + y) = 600
500 + 5y = 600 25. Answer: E
5y = 100 Let the investment period for M = T months
y = 20
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Profit and Loss Questions for Bank Prelims Exam – Eng Version
Amount invested by M: amount invested by N = Let the original cost price of the article be Rs.x
5y: 8y (x + 700) * 120/100 – x * (1 + 15 (5/7) * 1/100) =
Profit received by M: the profit received by N 1020
=3x: 4x (x + 700) * 6/5 – x * (1 + 110/7 * 1/100) = 1020
N invested for 15 months (x + 700) * 6/5 – x * (1 + 11/70) = 1020
According to the question, (x + 700) * 6/5 – x * (70 + 11)/70 = 1020
For N, (x + 700) * 6/5 – x * 81/70 = 1020
4x = 8y x 15 (6x + 4200)/5 – 81x/70 = 1020
x = 30y (84x + 58800 – 81x)/70 = 1020
For M, 3x + 58800 = 71400
3x = 5y x T 3x = 12600
Thus, T = 18 months x = Rs.4200
Investment time period for M = 18 months
Hence, the answer is option E 29. Answer: B
Let the cost price of the refrigerator = 10x
26. Answer: D And the selling price of the refrigerator = 11x
The cost price of each apple = 1250/50 = Rs.25 The profit earned by the shopkeeper = 11x – 10x
The selling price of each apple = a = 1x
a * 5 = 8 * 25 The discount amount offered by the shopkeeper
a = 40 = 1x * 100/66.66 = 3x/2
The sum of the selling price of 50 apples = 50 * The marked price of the refrigerator = 11x + 3x/2
40 = Rs.2000 = 25x/2
Overall profit % = (2000 – 1250)/1250 * 100 = 25x/2 = 4500
750/1250 * 100 = 60% x = 360
The cost price of the refrigerator = 10 * 360 =
27. Answer: C Rs.3600
Number of books = Number of calculators = n
(n * x * 120/100)/(n * (x + 250) * 85/100) = 16/17 30. Answer: A
(x * 120)/((x + 250) * 85) = 16/17 Let the cost price of each bottle = x
3x/(x + 250) = 2/1 And the selling price of each bottle = x * 110/100
3x = 2x + 500 = 11x/10
x = Rs.500 The new selling price of each bottle = x *
125/100 = 5x/4
28. Answer: D 45 * 5x/4 – 45 * 11x/10 = 1350
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Profit and Loss Questions for Bank Prelims Exam – Eng Version
25x/20 – 22x/20 = 1350/45 10 * (100 + P) – 9 * (110 + P) = 25
3x = 600 1000 + 10P – 990 - 9P = 25
x = 200 10 + P = 25
The cost price of each bottle = Rs.200 P = 25 – 10= 15

31. Answer: D 34. Answer: E


Let the number of undamaged jeans be n. SP of Radio = 3x * 115/100 = 3.45x
Total number of jeans = Number of damaged SP of Cooker = 2x * 112/100 = 2.24x
jeans + number of undamaged jeans = 6 + n 3.45x – 2.24x = 2178
6 * 500 * 80/100 + n * 500 * 140/100 = (6 + n) * x = 1800
500 + 200 CP of Cooker = 1800 * 2 = Rs.3600
2400 + 700n = 3000 + 500n + 200
700n – 500n = 800 35. Answer: C
200n = 800 Let the cost price of the Scooty = 5x
n=4 And the marked price of the Scooty = 5x *
Total number of jeans = 6 + 4 = 10 140/100 = 7x
(7x * 90/100 –5x) – (7x * 80/100 – 5x) = 1050
32. Answer: A 63x/10 – 5x – (56x/10 – 5x) = 1050
SP of a water heater, when sold it at 63x – 50x – 56x + 50x = 1050 * 10
profit=Rs.4250 7x = 1050 * 10
SP of a water heater, when sold it at x = 1500
loss=Rs.2550 The cost price of the Scooty = 5 * 1500 =
Profit=Loss Rs.7500
4250-CP=CP-2550
2CP=6800 36. Answer: A
CP=3400 The selling price of the book = 7x * (100 –
CP of a refrigerator=7240-3400=Rs.3840 25)/100 + 7x * 25/100 * 1/7
SP of a refrigerator=3840+768=Rs.4608 = 7x * 75/100 + 7x * 1/28
MP of a refrigerator=4608*100/80=Rs.5760 = 21x/4 + x/4
= 22x/4
33. Answer: B = 11x/2
According to question, The profit percentage of the book = (11x/2 –
1000 * (100 + P)/100 – 900 * (100 + P + 10)/100 5x)/5x * 100 = (11x – 10x)/10x * 100 = 1x/10x *
= 25 100 = 10%
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Profit and Loss Questions for Bank Prelims Exam – Eng Version

37. Answer: D 40. Answer: B


Let the cost price of the mobile = x Let the cost price of the article = 100x
And the cost price of the laptop = 12000 – x Marked price of the article = 140x
x * 20/100 - (12000 – x) * 10/100 = 300 Selling price = 140x * (90/100) * (85/100) =
x/5 – (12000 – x) * 1/10 = 300 107.10x
x/5 – 1200 + x/10 = 300 Assuming marked price = 100x + 800
2x/10 + x/10 = 300 + 1200 Selling price = (100x + 800) * (100-12) ℅ = 88x
3x = 1500 * 10 + 704
x = 1500 * 10/3 88x + 704 – 107.10x = 169.20
x = 5000 19.10x = 534.80
The cost price of the mobile = Rs.5000 x = 28
Cost price of the article = Rs. 2800
38. Answer: A
Let the cost price of the shoe = 10x 41. Answer: B
And the marked price of the shoe = 13x So, 5%=10, 100%=200
The discount given on the marked price = 13x – So, the cost price of the item is 200.
10x * 120/100 = 13x – 12x = 1x Selling price of item when 20% profit is
The profit earned on selling the shoe = 10x * 200*120/100=240
20/100 = 2x So, value of x=240-40=200
2x – 1x = 150 Profit percentage when item sold at (x+80) or
x = 150 Rs.280 is =[80/200]*100=40%
The cost price of the shoe = 10 * 150 = Rs.1500
The selling price of the shoe = 1500 * 120/100 = 42. Answer: E
Rs.1800 MP of cycle = Rs.2800
MP of Watch = Rs.3000
39. Answer: C SP of Cycle = 2800 – 800 = Rs.2000
The new selling price of each chair = 1760/8 = Discount of watch = 800 * 100/80 = Rs.1000
Rs.220 SP of watch = 3000 – 1000 = Rs.2000
The cost price of each chair = 220 * 100/110 = Difference = 2000 – 2000 = 0
Rs.200
The cost price of 10 chairs = 10 * 200 = Rs.2000 43. Answer: B
The actual selling price of each chair = 2000/8 = (10x/10) * 125/100 + 15/15(x – 50) * 120/100 =
Rs.250 2x + 30
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Profit and Loss Questions for Bank Prelims Exam – Eng Version
x * 125/100 + (x – 50) * 120/100 = 2x + 30 0.4x=2800
5x/4 + (x – 50) * 6/5 = 2x + 30 x=7000
5x/4 + (6x – 300)/5 = 2x + 30 MP=5*7000=Rs.35000
25x + 24x – 1200 = 40x + 600
9x = 1800
x = 200 47. Answer: D
Cost price of each pen = 200/10 = Rs.20 Let the CP=x
44. Answer: C And the MP=x+9600
So, the cost price of the item= 864*20/27= Rs. (x+9600)*75/100-x=x*5/100
640 3x/4+7200-x=x/20
So, the marked price of the item =640*150/100= x/20+x/4=7200
Rs. 960 6x=144000
So, 960*(100-x)/100=864 x=24000
x=[96000-86400]/960=10 Cost price of the fridge = Rs. 24000
Required selling price of the item =
640*110/100= Rs. 704 48. Answer: C
MP of article A = 5x
45. Answer: C SP of article B = 3x
1200 * (100 + x)/100 * 80/100 = 1200 * (100 + x Discounts of B = 3x + 4800
– 30)/100 Discounts of A = 7/9 * (3x + 4800)
(100 + x) * 4/5 = 70 + x 5x – (7x/3 + 11200/3) = 4800
400 + 4x = 350 + 5x 5x – 7x/3 = 4800 + 11200/3
x = 50 x = 3200
Selling price of the table = 1200 * (100 + 50 – MP of A = 3200 * 5 = Rs.16000
30)/100 = 1200 * 120/100 = Rs.1440
49. Answer: A
46. Answer: B SP of laptop at 10% discounts = 18000 * 90/100
Let the MP=5x = Rs.16200
SP=5x*80/100=4x SP of laptop at 16% discounts = 18000 * 84/100
4x-CP=3000 = Rs.15120
CP=4x-3000 16200 = CP + x
4x-500=CP*110/100 15120 = CP + 10/100 * x
4x-500=11/10*(4x-3000) 16200 – x = 15120 – x/10
4x-500=4.4x-3300 1080 = 9x/10
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Profit and Loss Questions for Bank Prelims Exam – Eng Version
x = 1200 CP of article A = CP of article B = x
CP = 16200 – 1200 = Rs.15000 x * 115/100 – x * 95/100 = 960
20x/100 = 960
x =4800
50. Answer: D Cost price of article A= Rs.4800

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