BANKING Content

IBPS PO Profit and loss questions 4

Instructions

For the following questions answer them individually

Q 1

A reduction of 20% in the price of salt enables a person to buy 2.5 kg more for Rs. 100. What is the reduced price per kg?

Q 2

The profit earned by selling an article for Rs. 1200 is the same as the loss incurred after selling the article for Rs. 894. What is the cost price of the article?

Q 3

A shopkeeper labelled the price of his articles so as to earn a profit of 30% on the cost price. He then sold the articles by offering a discount of 10% on the labelled price. What is the actual percent profit earned in the deal?

Q 4

Amit purchased a bicycle for Rs 1250 and sold it at loss of 12%. For how much more amount would he have sold a bicycle to incur a loss of 10%.

Q 5

Vishal sold an article for Rs 1,840 and made 15 per cent profit on the discounted price he bought.If the discount was 20 per cent.What was the original price ?

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