Daily Free Mock Test – 31 July | SBI PO Quantitative Aptitude – Profit & Loss Test – 1

1. If by selling twelve note-books, the seller earns profit equal to the selling price of two note-books, what is his percentage profit?

2. A grocer purchased 20 kg of rice at the rate of ₹15 per kg and 30kg of rice at the rate of ₹13 per kg. At what price per kg should he sell the mixture to earn 33 1/3% profit on the cost price?

3. By selling article for ₹96, double profit is obtained than the profit that would have been obtained by selling it for ₹84. What is the cost price of the article?

4. A shopkeeper sold a TV set for ₹17940, at a discount of 8% and gained 19.6%. If no discount is allowed, what will be his gain percent?

5. Deepa bought a calculator at 30% discount on the listed price. Had she not got the discount, she would have paid ₹82.50 extra. At what price did she buy the calculator?

6. A builder purchased a plot of land for ₹80 lakh and constructed a five-storey building inclusive of ground floor on it. How much should he charge for each flat to make 25% profit on his investment on land, if there are five flats on each storey?

7. A trader purchased on old bicycle for ₹480. He spent 20% of the cost on its repair. If he wants to earn₹144 as net profit on it, how much percentage should he add to the purchase price of the bicycle?

8. The price of 2 sarees and 4 shirt is ₹16000. With the same money one can buy 1 saree and 6 shirts. If one wants to buy 12 shirts, how much shall one have to pay?

9. A shopkeeper bought 150 calculators at the rate of ₹250 per calculator. He spent ₹2500 on transportation and packing. If the marked price of calculator is ₹320 per calculator and the shopkeeper gives a discount of 5% on the marked price then what will be the percentage profit gained by the shopkeeper?

10. A garment company declared 15% discount for whole sale buyers. Mr. Ram bought garments from the company for ₹25000 after getting discount. He fixed up the selling price of garments in such a way that he earned a profit of 8% on original company price. What is the approximate total selling price?