BANKING Content

IBPS Clerk Profit and Loss Questions 1

Instructions

For the following questions answer them individually

Q 1

Tanvi started a business investing Rs.45,000. After 8 months Anisha joined her with a capital of Rs. 52,000. At the end of the year the total profit was Rs.56,165. What is the share of profits of Anisha?

Q 2

An article was purchased for Rs.78,350. Its price was marked up by 30%. It was sold at a discount of 20% on the marked up price. What was the profit percent on the cost price?

Q 3

A shopkeeper sells two watches for Rs308 each. On one he gets 12% profit and on the other 12% loss. His profit or loss in the entire transaction was

Q 4

Meera spends 32% of his monthly salary on shopping, 43% of her monthly salary on household expenditures, if she is left with Rs. 1200, what is her monthly salary?

Q 5

Raj sold an item for Rs. 6384 and incurred a loss of 30%. At what price should he have sold the item to have gained a profit of 30%?

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