BANKING Content

IBPS PO Profit and loss questions

Instructions

For the following questions answer them individually

Question 1

A shopkeeper buys 10 lots of candlesticks at a price of Rs 1200. Each lot consists of 20 candlesticks. If he sells each candlestick at a price of Rs 15,

find his profit/loss percentage.

Instructions

A merchant bought 100 similar brass vessels that cost him Rs 12500. He marks up the price of each vessel by 60%.

Question 2

What is the selling price of each vessel if the merchant has not given any discount?

Question 3

How much profit did the merchant make if he sold all the vessels at a discount of 20%?

Question 4

If the merchant sold half of the vessels at a discount of 20% and the remaining at a discount of 40%, then find the overall profit/loss made by the merchant.

Question 5

If the merchant sold 60 vessels without any discount, at least how many more vessels he has to sell at a discount of 60% in order to not have a loss?

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