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MCQ Questions for CBSE Class 12 with Answers
MCQ Questions for CBSE Class 11 with Answers
MCQ Questions for CBSE Class 10 with Answers
MCQ Questions for CBSE Class 9 with Answers
MCQ Questions for CBSE Class 8 with Answers
MCQ Questions for CBSE Class 7 with Answers
MCQ Questions for CBSE Class 6 with Answers
MCQ Questions for CBSE Class 5 with Answers
MCQ Questions for CBSE Class 4 with Answers
MCQ Questions for CBSE Class 3 with Answers
MCQ Questions for CBSE Class 2 with Answers
MCQ Questions for CBSE Class 1 with Answers
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Profit and loss Bank Clerk MCQ Questions With Answers
1.
Mohan purchased 50 kg of wheat at the rate of Rs. 13.40 per kg and 40 kg of wheat at the rate of Rs. 16.75 per kg. He mixed the two and sold the mixture. Approximately at what price per kg should he sell the mixture to make 25% profit?
Rs. 18.61
Rs. 18.20
Rs. 15.60
Rs. 14.80
Rs. 17.30
2.
Ramesh, Mahesh and Kajol enter into a partnership. Ramesh invests some amount of money at beginning. After 6 months Mahesh invests double the amount invested by Ramesh. Further, after 2 more months of Mahesh’s investment Kajol invests thrice the amount invested by Ramesh. At the end of year they earn a profit of Rs. 45000. Find the share of Kajol in Profit.
Rs.25000
Rs.15000
Rs. 12000
Rs. 18000
None of these
3.
Rutvi, while professes to sell her goods at a profit of 20%, Rutvi weighs 900 grams instead of 1000 grams. Find her gain percent.
30%
\(33\frac{1}{3}\%\)
50%
40%
37%
4.
A business began with Rs. 600 and was joined afterwards by B with Rs. 800. At the end of the year, B got 1/4 of the total profit. When did B join?
After 7 months
After 4 moths
After 8 months
After 9 months
Can’t be calculated
5.
A company manufactures pens. It makes a profit of INR 18.00 when it sells 100 pens to a local shop. The local shop, in turn, makes a profit of INR 4 on selling 50 pens at 80 paise per pen. How much did it cost the company to manufacture 100 pens?
INR 64
INR 55
INR 54
INR 32.50
INR 56
6.
Sandip purchased a laptop and a washing machine for Rs. 20,000 and Rs. 15,000 respectively. He sold the washing machine at a loss of 15% and laptop at a profit of 10%. What is his overall loss/profit?
Loss of Rs. 280
Profit of Rs. 2,160
Loss of Rs. 250
Profit of Rs. 2,060
None of these
7.
A dealer purchased a washing machine for $ 7660. He allows a discount of 12% on its marked price and still gains 10%. Find the marked price of the machine.
9575
9658
9585
9645
None of these
8.
By using false weight a trader gains \(5\frac{5}{{19}}\%\) by claiming to sell at cost price. What weight did he actually use for a kg weight?
950 gms
900 gms
940 gms
960 gms
None of these
9.
A vendor marks his goods at such a price that he can give a discount of 24% for cash payment and yet make 20% profit. Find the market price of an item which cost him Rs. 275.50.
Rs. 418.25
Rs. 420.75
Rs. 435
Rs. 400
Rs. 400.75
10.
John mixes brick powder in chilli powder in order to earn more profit. If he would have sold at a certain selling price without adulteration, he would have earned a profit of 20%. Due to adulteration, he earns a profit of 30%. How much brick powder does he mix in a kg of chilli powder? (in grams)
73
83
93
99
103
11.
Parth purchased a mobile phone at 3/4th of its marked price and sold it at 5% more than its marked price. What percent did he gain?
50%
40%
35.5%
65%
30%
12.
Sanjay sets his product pricing such that he charges his customers 25% above the cost price. If he allows his customers 15% off on their bill for cash payments, what is his gain percentage, when the customer pays cash?
6.25 %
8%
7%
6%
12.5%
13.
A started a business with Rs. 4000 and B joined him later with a capital of Rs. 12000. If at the end of the year, they both get an equal share of the profit, how many months after the business started did B join it?
4 months
6 months
8 months
9 months
10 months
14.
A sold a machine to B at 20% profit. B sold it C at 15% loss. What will be A’s loss or gain % if he had sold it to C at the price at which C bought it from B?
Gain of 2%
Loss of 2%
Gain of 5%
Gain of 1%
Loss of 1%
15.
Mr. Sanjay Sharma, a businessman had some income in the year 2000, such that he earned a profit of 20% on his investment in the business. In the year 2001, his investment was less by Rs. 5 lakh but still had the same income (Income = Investment + Profit) as that in year 2000. Thus the percent Profit earned in year 2001 increased by 6 percentage point. What was his investment in year 2000?
Rs. 10200000
Rs. 10500000
Rs. 15050000
Data inadequate
None of these
16.
The list price (marked price) of an article is Rs. 2000 and is available at two successive discounts of 40% and 30%, then the selling price of the article, in rupees, is
Rs. 560
Rs. 660
Rs. 720
Rs. 840
Rs. 1680
17.
Ram and Shyam enter into partnership investing Rs. 24,000 and Rs. 30,000 respectively. After 3 months Ram withdraws Rs. 4,000 while Shyam invests Rs. 3,000 after 6 months of starting of business. Find the total annual profit if Ram gets Rs. 6,000 as his share in the profit.
Rs. 15,000
Rs. 18,000
Rs. 18,500
Rs. 12,000
Rs. 20,000
18.
If one fourth of the goods be sold at a loss of 15%. at what profit percent should the remaining goods be sold so as to gain 30% on the whole deed if the total goods are purchased of Rs. 600?
35%
25%
30%
27.5%
45%
19.
Nikhil sold two steel chairs for Rs. 500 each. On one he gains 25% and one other, he loses 20%. How much does he gain or lose in the whole transaction?
1.5 % gain
2 % gain
2.43 % loss
2 % loss
None of these
20.
Mohan buys two digital cameras for Rs. 406 and sells one at a loss of 12% and the other at a gain of 15% if both the cameras are sold at the same price, then the cost price of second camera is:
Rs. 123
Rs. 135
Rs. 145
Rs. 147
Rs. 176
21.
The selling price of 1 gm of gold is Rs 2000. The shopkeeper indulges in dishonest trading and sells ‘y’ grams instead of 1 gram to Rajesh. Later, Rajesh sells the same ornament to the shopkeeper at the rate of Rs 1800 per gram. The shopkeeper had to give money for 1 gram instead of ‘y’ grams to avoid getting caught. Now the same ornament is sold to another customer but honestly. At last he makes a profit of 40.625%. If he had been honest with the trading he would have got a profit of 37.5%, then what is the value of y?
0.75
0.6
0.8
0.95
0.2
22.
A shopkeeper buys 25 bags for Rs. 4000. Out of these, 5 bags are bigger than the rest. At what price should he sell the bigger bags so as to earn a profit of 20% if he sells the rest at 3/4th of this price?
Rs. 240
Rs. 140
Rs. 270
Rs. 150
Rs. 320
23.
Kunal set price of his watch 50% above the cost piece. If he allows his customer a discount of 30% what profit does he make on the watch?
5%
10%
15%
20%
None of these
24.
A dealer sells a grain whose C.P is Rs. 50/kg at Rs 60/kg. First day by replacing it by a substitute of Rs. 40/kg and second day selling the pure grain. What is the ratio of profit % of the two days?
1 : 2
3 : 1
3 : 2
5 : 2
None of these
25.
Nitika marks her goods at a price that would give her 60% profit. She sells three-fourths of her goods at the marked price. For the remaining, she has to lower the marked price by 60%. Her % profit on the entire transaction is :
31%
26%
22%
36%
62%
26.
A business man bought 300 Laptops and cost price of each laptop is same. He sold 40% of the Laptop at a profit of 30% and sold the remaining laptop at 10% loss and he gained total profit is 288000. Find the cost price of single laptop?
6000
15800
16000
15632
None of these
27.
Swapnila purchased coconuts at Rs. 150 per hundred and sold at Rs. 2 per coconut. If 4000 coconuts were sold. What was the total profit made by her?
Rs. 500
Rs. 1000
Rs. 1500
Rs. 2000
None of these
28.
A dishonest vendor while selling weighs 25% less per kilogram. What gain does he make if he sells at the cost price?
25%
33.33%
45%
16%
None of these
29.
A, B and C enter into partnership. A puts Rs. 100 for 3 months, B Rs. 200 for 4 months and C Rs. 300 for 5 months. They gain Rs. 2,600. Find the share of C.
Rs. 1500
Rs. 1400
Rs. 1300
Rs. 1550
Rs. 1600
30.
A dishonest seller sells the goods at 10% loss on the cost price but uses 25% less weight. What is the percentage profit or loss?
25% profit
20% loss
22% loss
20% profit
24% profit
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