**Profit & Loss Practise Set for Banking Exams:**

**1.) A lost 25% by selling an article for rs.6900. What % will he gain by selling it for rs.10200?**

a) 8.25

b) 6.67

c) 10.86

d) 12.12

### Solution & Explanation

Answer: C

**2.) A man buys 150 kilo rice for at rs.30 per kg& mixes it with 200 kilo rice @ 35 per kg. At what rate per kg he sell the mixture to gain 10% whole? (Approx)**

a) 8

b) 10

c) 11

d) 6.56

### Solution & Explanation

Answer: C

**3.) A man sold an article for rs.5000 each on one his gain 20% & on the other he loss 20%. Find his gain or loss % of whole transaction?**

a) Gain 4%

b) loss 10%

c) gain 10%

d) loss 4%

### Solution & Explanation

Answer: D

**4.) A purchased an article for rs.18000, sold 1/6th part of the article at 30% loss. On which gain he should sell his rest of the medicine, so that he has neither gain nor loss?**

a) 6%

b) 15%

c) 7%

d) 3%

### Solution & Explanation

Answer: A

**5.) A person sold an article for 5/6%. If he had sold it for rs.3350 more, he would have gain 12%. Find the cp of the table?**

a) 25000

b) 32000

c) 30000

d) 60000

### Solution & Explanation

Answer: A

**6.) If the cost price of 15 articles is equals to the sp of 10 articles, then find the profit %?**

a) 25 %

b) 50%

c) 55%

d) 60%

### Solution & Explanation

Answer: B

**7.) A sold an article to B at a profit of 15%. B sold that article to C at a loss of 10%. If A paid rs.20000 for this articles than find the cp of the article for C?**

a) 25670

b) 32870

c) 20700

d) 20000

### Solution & Explanation

Answer: C

**8.) A dealer sells his goods at 30% loss on cp but uses 40% less weight. What is his % profit or loss?**

a) 12.60

b) 11.89

c) 13.67

d) 16.67

### Solution & Explanation

Answer: D

**9.) If 1/5 ^{th} part of an article is sold at 15% profit, 1/3th part at 9 profits and remaining part at 6% profit and finally, there is a profit of rs.80. Than find the cp of the article.**

a) 640.05

b) 641.71

c) 671

d) 667.67

### Solution & Explanation

Answer: A

**10.) A purchase 13 caps @ rs.250 per cap. At what rate per cap should be he sell the caps, so that profit earned is 5%?**

a) 260.05

b) 262.5

c) 625

d) 250

### Solution & Explanation

Answer: B

**11.) The profit earned after selling a article for rs.2560 is the same as the loss incurred after selling the same article for rs.540. What is the cp of the article?**

a) 1500

b) 1450

c) 1300

d) 1550

### Solution & Explanation

Answer: B

**12.) A sold an item for rs.4860 an incurred a loss of 10%. At what price should he have sold the item to have gained a profit of 20%?**

a) 6480

b) 6500

c) 5400

d) 6000

### Solution & Explanation

Answer: D

**13.) A man sold an article at a loss of 305. If he sells the article for rs.15 more, he would have gained 5%.The cp of article?**

a) 40.45

b) 48.85

c) 45.20

d) 40

### Solution & Explanation

Answer: A

**14.) Chocolates are bought at 6 for rs.3 and sold at 5 for rs.4. Find the gain %?**

a) 2/5%

b) 3/7%

c) 4/9%

d) 3/5%

### Solution & Explanation

Answer: B

**15.) If an article is sold at gain of 12% instead of a loss of 12%, then the seller gets rs.12 more. Then cp of the article is?**

a) 45

b) 58

c) 50

d) 62

### Solution & Explanation

Answer: D

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