Profit and Loss (Railway Maths) (Part – I)

Total Questions: 50

41. If A bought an item for ₹384 and sold it for ₹576 and B bought another item for ₹1,254 and sold it for ₹1,672. What is the ratio of gain % of A to gain % of B? [Group D 23/08/2022 (Morning) ]

Correct Answer: (c) 3/2
Solution:

42. A dealer allows 30% discount on the marked price of an item and still makes a profit of 10%. By how much percentage is the marked price more than the cost price (rounded off to two places of decimal)? [Group D 23/08/2022 (Morning) ]

Correct Answer: (a) 57.14%
Solution:

43. The cost incurred by Mahesh to produce an item in the factory was ₹2,000. He had to spend 10% of the production cost incurred on the item in the factory to transport it to the showroom at a price that was 15% above the total cost incurred by Mahesh in the production and transportation of the item. What was the price at which Mahesh sold the item from the showroom? [Group D 23/08/2022 (Morning) ]

Correct Answer: (b) ₹2,530
Solution:

44. Find the answer of given question? [Group D 23/08/2022 (Afternoon) ]

Correct Answer: (d) 19%
Solution:

45. A shopkeeper sells sugar by weighing 35 kg instead of 40 kg each by using the wrong weights. If he sells the sugar at the cost price, what is his percentage profit (rounded off to two decimal places)? [Group D 23/08/2022 (Evening)]

Correct Answer: (d) 14.28%
Solution:

46. Chandrasekhar sold 12 identical articles for a total of ₹420, incurring a loss equal to the cost price of 7 such articles. The cost price of 1 such article is: [Group D 24/08/2022 (Morning)]

Correct Answer: (a) ₹84
Solution:

47. When the selling price of a TV is ₹18,700, the shopkeeper incurred a loss of 15%. What should be the selling price of that TV to gain 15%? [Group D 24/08/2022 (Morning)]

Correct Answer: (a) ₹25,300
Solution:

48. The cost price of an article is equal to 64% of the marked price. Find the profit percentage obtained after giving a discount of 4%. [Group D 24/08/2022 (Afternoon)]

Correct Answer: (d) 50%
Solution:

49. Mr. Saxena buys some pens at the rate of ₹ 150 per dozen. He sells them at the rate of ₹15 each. Find their percentage profit/loss. [Group D 24/08/2022 (Afternoon) ]

Correct Answer: (a) 20% profit
Solution:

50. A fruit seller buys 800 apples for ₹ 4,800. He spends ₹800 on transportation. At what price should he sell each apple to make a profit of ₹10 on each apple? [Group D 24/08/2022 (Evening) ]

Correct Answer: (a) ₹17
Solution:

Total C.P of 800 apples = 4800 + 800 = ₹5600
C.P of 1 apple = ₹7
S.P after a profit of ₹ 10 = 7 + 10 = ₹17