100+ Profit and Loss Questions for Bank PO, SO, Clerk Exams - 1

Question: 1

A man bought some oranges at 10 per dozen and bought the same number of oranges at Rs. 8 per dozen. He sold these oranges at Rs. 11 per dozen and gained Rs. 120. The total number of oranges bought by him was

(A) 30 dozens

(B) 40 dozens

(C) 60 dozens

(D) 70 dozens

Question: 2

A dishonest dealer uses a scale of 90 cm instead of a metre scale and claims to sell at cost price. His profit is

(A) 9%

(B) 10%

(C) $$11{1} / {9}%$$

(D) 12%

Question: 3

A man sells two articles for Rs. 240 each. On one he gains 20% and on the other he loses 20%. What is the gain or loss percent in the entire transaction?

(A) 1% gain

(B) 2% loss

(C) 4% loss

(D) 4% gain

Question: 4

Garima purchased a briefcase with an additional 10% discount oi the reduced price after deducting 20% on the labeled price. If the labeled price was Rs.1400 at what price did she purchase the briefcase?

(A) Rs.980

(B) Rs.1008

(C) Rs.1056

(D) Rs.1120

Question: 5

A shop gives 10% discount on the purchase of an item. If paid for in cash immediately, a further discount of 12% is given. If the original price of the item is Rs.250, what is the price of the article if a cash purchase is made?

(A) Rs. 190

(B) Rs. 195

(C) Rs. 197

(D) Rs. 198