IBPS PO Prelims Quantitative Aptitude Quiz: 15th August 2019

Q1. In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

Solution:

Q2. Veer purchased a TV set at 20% discount on its marked price of Rs. 12,000. He spent Rs. 250 on transport and Rs. 550 on installation. At what price should it be sold so that he can earn 25% profit?

Solution:

Q3. The cost price of article A is Rs. 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 ?

Solution:

Q4. Richa bought an article at a discount of 25% on its marked price. By mistake she pays 20% extra amount of its discounted price. In this way, shopkeeper gets 50% profit. If cost price of article was Rs. 480 then what is the marked price of article ?

Solution:

Q5. The shopkeeper gives 25% discount on marked price of a table. In this transaction he earns a profit of 20%. If marked price of table is Rs. 480 then what is the cost price of table?

Solution:

Q6. A shopkeeper gave an additional 20 per cent concession on the reduced price after giving 30 per cent standard concession on an article. If Ankur bought that article for Rs. 1120, what was the original price?

Solution:

Q7. A dealer sold a radio at a loss of 2.5%. Had he sold it for Rs 100 more, he would have gained 7.5%. For what value should he sell it in order to gain 12.5%?

Solution:

Q8. Profit on selling 10 candles is equal to selling price of 3 bulbs while loss on selling 10 bulbs is equal to selling price of 4 candles. Also, profit percentage on 10 candles is equal to the loss percentage on 10 bulbs and cost of a candle is half of the cost of a bulb. What is the ratio of selling price of a candle to the selling price of a bulb?

Solution:

Q9. An article is sold at a profit of of its CP to a person. That person further sold it at 20% loss for Rs. 684. Find the difference of original cost price of that article and SP of article for that person.

Solution:

Q10. Rakesh purchased a mobile phone for Rs. 5400 and a refrigerator for Rs. 9600. He sold the mobile phone at three-fourth of its cost price and the refrigerator at 1⅓ of its cost price. What was the profit/loss?

Solution:

Q11. Rajni purchased a mobile phone and a refrigerator for Rs. 12000 and Rs. 10000 respectively. She sold the refrigerator at a loss of 12 percent and the mobile phone at a profit of 8 percent. What is her overall loss/profit?

Solution:

Q12. A shopkeeper purchased 70 kg of potatoes for Rs. 420 and sold the whole at the rate of Rs. 6.50 per kg. What will be his gain percent?

Solution:

Q13. A trader buys some goods for Rs. 150. If the overhead expenses be 12% of cost price, then at what price should it be sold to earn 10%?

Solution:

Q14. A retailer purchased radio sets at the rate of Rs. 400 each from a wholesaler. He marked up the price by 30% and allowed a discount of 8% on each set then find the profit percentage?

Solution:

Q15. Rehaan purchased a bike for Rs 54,000. He sold it at a loss of 8 percent. With that money he again purchased another bike and sold it at a profit of 10 per cent. What is his overall loss/profit?

Solution:

• Quantitative Aptitude Study Notes for Bank Exams
• Quantitative Aptitude Questions for all Competitive Exams