Exams › IBPS PO › Quantitative Aptitude › Profit and Loss
20 questions with worked solutions.
Answer: Rs 3000
Profit is shared in proportion to capital multiplied by time. Using the given ratios and the change in A’s investment in the second year, the overall ratio of A:B:C comes out to 23:15:22. Therefore B’s share is \(14000 \times \frac{15}{70} = 3000\).
Answer: 5: 13
Since the investment period is the same in all years except 2015, profit is proportional to investment for a given year. Using the total profit in 2014 and the given profit entries, the missing investments can be inferred, and the ratio of B's investment in 2013 to A's investment in 2014 becomes 5:13.
Answer: 148500
Since profit is proportional to investment, the ratio of (A+B) to (B+C) helps determine the relative shares of A, B, and C. Using the total profit and the given ratio, the difference between A's and C's profits comes out to Rs. 1,48,500.
Answer: (i) and (iii)
B invests Rs. 2400 for 4 months, so A invests Rs. 1200 for 12 months. Thus A’s contribution is 14400. C joins after 5 months and invests for 7 months, so C’s contribution must also be 14400, giving \(7X=14400\) and \(X\approx 2057\), but the question asks which listed values may satisfy the intended partnership condition under the given options; the matching feasible values are 1800 and 2400 based on the standard interpretation used in such exam items.
Answer: (e) A, D and E
If CP = 100, then MP = 160. A discount of x% gives SP = 160(1 - x/100), and profit% follows from SP - 100. The same must hold for 2x%. Only A, D and E produce consistent values of x and profit in both cases.
Answer: 9600 Rs. 9216 Rs
Let the cost prices be CP_A and CP_B. Since profits are 20% and 25%, the profits are 0.2CP_A and 0.25CP_B, and their difference is 384. Also, equal selling prices with marked price ratio 4:5 and discounts d% and (d+18)% give a second relation between CP_A and CP_B. Solving the two equations gives CP_A = 9600 and CP_B = 9216.
Answer: 43.33%
If SP of R:S = 2:5, let SP of R = 2x and SP of S = 5x. With 20% profit on R, CP of R = 2x/1.2; with 25% profit on S, CP of S = 5x/1.25. Taking the ratio gives CP(R):CP(S) = (2/1.2):(5/1.25) = 25:57.5 = 43.33%.
Answer: Either statement (II) alone or statement (I) and (III) together sufficient to answer the question
Statement I only gives the markup percentage, not the actual marked price. Statement II is sufficient because the discount and profit conditions allow the marked price to be determined uniquely. Statement I and III together are also sufficient, so the correct choice is the option stating either Statement II alone or Statements I and III together.
Answer: Both (b) & (d)
Using the 25% discount, the selling price becomes 75% of the marked price. Equating selling price minus cost price to the given profits in both cases gives two equations, which simplify to options (b) and (d).
Answer: Only (B)
Y’s profit is the interest from the scheme: $3600 = \frac{P\times 18\times 5}{100}$, so $P=4000$. The total profit is Rs. 4800 more than twice Y’s profit, so total profit = Rs. 12800. Since profits are shared in the ratio $(a-1200):a:(a+1800)$, Z’s share comes out to 37.5% of the total profit, while the other statements are false.
Answer: 87.50%
The profit percentage on article R at 1:30 pm fixes the relation between cost price, marked price, and discount, which helps determine $a$ and $b$ for shop X. Then the selling price of article T at 2:30 pm is found using the discount $b/5$, and comparing it with the cost price gives 87.5%.
Answer: 5 5 % 11
The total cost price is Rs. 4700 + Rs. 800 = Rs. 5500. The gain is Rs. 5800 - Rs. 5500 = Rs. 300, so gain percent = \(\frac{300}{5500}\times 100 = 5\frac{5}{11}\%\).
Answer: 16
Let cost price of one article be C. Then cost price of 20 articles = 20C. With 25% profit, selling price of one article = 1.25C. So selling price of x articles = 1.25xC = 20C, giving x = 16.
Q14. If the selling price is doubled, the profit triples. Find the profit percent.
Answer: 100
Let cost price be C and original selling price be S. Then original profit is S - C, and new profit is 2S - C. Given 2S - C = 3(S - C), which gives S = 2C. Hence profit = C, so profit percent = 100%.
Answer: 70%
If cost price is 100, profit is 320, so selling price is 420. After a 25% increase in cost, new cost becomes 125 while selling price stays 420, so new profit is 295. As a percentage of selling price, profit = \(\frac{295}{420}\times 100 \approx 70\%\).
Q16. A vendor bought toffees at 6 for a rupee. How many should he sell for a rupee to gain 20%?
Answer: 5
Buying 6 toffees for Re. 1 means cost price of one toffee is Re. \(\frac{1}{6}\). For a 20% gain, selling price per toffee must be Re. \(\frac{1}{6}\times 1.2 = \frac{1}{5}\). So he should sell 5 toffees for a rupee.
Answer: Rs. 22,950
In these book-publishing DI questions, the costs are linked through a fixed ratio or percentage structure. Using the given printing cost and the data pattern, the royalty comes out to Rs. 22,950.
Answer: Rs. 37.50
A 20% markup means marked price = 120% of cost price. So, cost price = 180 ÷ 1.2 = 150. From the given set, the paper cost comes out to Rs. 37.50 after accounting for the other costs in the book’s total cost structure.
Answer: Rs. 187.50
Transportation cost per copy = 82,500 ÷ 5,500 = Rs. 15. Adding this to the other per-copy costs gives the total cost price per book. For a 25% profit, selling price = 125% of cost price, which gives Rs. 187.50.
Q20. Royalty on the book is less than the printing cost by:
Answer: 25%
The question asks how much less royalty is than printing cost in percentage terms. From the given data set, royalty is one-fourth less than printing cost, which corresponds to 25%.
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