PROFIT, LOSS & DISCOUNT (QUANTITATIVE APTITUDE) EPFO UPSC

Total Questions: 30

21. A shopkeeper bought 30 kg of wheat at the rate of ₹ 45 per kg. He sold forty percent of the total quantity at the rate of ₹ 50 per kg. Approximately, at what price per kg should he sell the remaining quantity to make 25 per cent overall profit?

Correct Answer: (d) ₹ 60
Solution:

22. ‘A’ bought a certain quantity of oranges at total cost of ₹ 1200. He sold 1/3rd of those oranges at 20% loss. If A earns an overall profit of 10%, at what percent profit did A sell the rest of the oranges?

Correct Answer: (d) 25%
Solution:

23. A trader has 400 kg of rice. He sells a part of it at a profit of 36% and remaining part at a loss of 24%. He overall loses 12% in the whole transaction. Find the quantity of rice sold at 24% loss.

Correct Answer: (a) 320 kg  
Solution:

24. Two mobile phones were purchased at the same price. One was sold at a profit of 30% and the second was sold at a price which was ₹ 2500 less than the price at which the first was sold. If the overall profit earned by selling both the mobile phones was 5%, what was the cost price of one mobile phone?

Correct Answer: (b) ₹ 5000
Solution:

25. The cost prices of two beds are equal. One bed is sold at a profit of 25% and the other one for ₹ 6596 less than the first one. If the overall profit earned after selling both the beds is 8%, what is the cost price of each bed?

Correct Answer: (d) ₹ 19,400
Solution:

26. Profit earned by an organization is distributed among officers and clerks in the ratio of 5 : 3 respectively. If the number of officers is 45 and the number of clerks is 80 and the amount received by each officer is ₹ 25,000, what was the total amount of profit earned?

Correct Answer: (d) ₹ 23.25 lakhs
Solution:

27. The percentage profit earned when an article is sold for ₹ 558 is double the percent profit earned when the same article is sold for ₹ 504. If the marked price of the article is 30% above the cost price, what is the marked price of the article?

Correct Answer: (a) ₹ 585  
Solution:

28. Ram has two articles A and B. The total cost of both articles is ₹ 8000. Ram sells article A at the profit of 20% and article B at a loss of 12%. There is neither profit nor loss in the whole transaction. At what price should the article B be sold to gain 25%?

Correct Answer: (a) ₹ 6250  
Solution:

29. The cost price of article A is ₹ 200 more than the cost price of article B. Article A was sold at 10% loss and article B was sold at 25% profit. If the overall profit earned after selling both the articles is 4%. What is the cost price of article B?

Correct Answer: (c) ₹ 400
Solution:

30. The cost price of article A is ₹ 100 more than the cost price of article B. Article A was sold at 40% profit and article B was sold at 40% loss. If the overall profit earned after selling both the articles is 5%. What is the cost price of article B?

Correct Answer: (d) ₹ 350
Solution: