hello Aspirants,

here you go with quantitative Aptitude problems on profits and loss . friends all you know that profit and loss section is a indispensable part of any quant paper in competitive exams. so friends if you want to rule the IBPS 2017 .start practicing right away.

** “Do not let grow grass under your feet”**

**1. A man mixes two types of rice (X and Y) and sells the mixture at the rate of Rs. 17 per kg. Find his profit percentage.**

I.The rate of X is Rs. 20 per kg.

II.The rate of Y is Rs. 13 per kg.

A.I alone sufficient while II alone not sufficient to answer

B.II alone sufficient while I alone not sufficient to answer

C.Either I or II alone sufficient to answer

D.Both I and II are not sufficient to answer

E.Both I and II are necessary to answer

**2.The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:**

A.12

B.20

C.16

D.22

**3.If selling price is doubled, the profit triples. Find the profit percent.**

A.150

B.100

C.120

D.110

**4. A pair of articles was bought for Rs. 37.40 at a discount of 15%. What must be the marked price of each of the articles ?**

A. Rs16

B. Rs20

C. Rs 22

D. Rs25

**5. A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is**

A. 18%

B. 20%

C. 22%

D. 24%

**6. Each of these questions is followed by three statements. You have to study the question and all the three statements given to decide whether any information provided in the statement(s) is redundant and can be dispensed with while answering the given question.**

What is the percent profit earned by the shopkeeper on selling the articles in his shop?

I.Labeled price of the articles sold was 130% of the cost price.

II.Cost price of each article was Rs. 550.

III.A discount of 10% on labeled price was offered.

A.Only I

B.Only II

C.I and III

D.All the three are required

**7. By selling a product with 20% profit, how much profit was earned?**

I.The difference between cost and selling price is Rs. 40.

II.The selling price is 120 percent of the cost price.

A.I alone sufficient while II alone not sufficient to answer

B.II alone sufficient while I alone not sufficient to answer

C.Either I or II alone sufficient to answer

D.Both I and II are not sufficient to answer

E.Both I and II are necessary to answer

**8. Sagar buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:**

A.60/11%

B.32/7%

C.10%

D.12%

**9.By selling an article what is the profit percent gained?**

I.5% discount is given on list price.

II.If discount is not given, 20% profit is gained.

III.The cost price of the articles is Rs. 5000.

A.Only I and II

B.Only II and III

C.Only I and III

D.All I, II and III

E.None of these

**10.What was the percentage of discount given?**

I.23.5% profit was earned by selling an almirah for Rs. 12,350.

II.If there were no discount, the earned profit would have been 30%.

III.The cost price of the almirah was Rs. 10,000.

A.Only I and II

B.Only II and III

C.Only I and III

D.Any two of the three

E.None of these

**Answers **

1. A 60/11%

2. B 16

3. B 100

4. C 22%

5. B 20%

6. C

7. A

8. D

9. A

10. E