alleryA cycle costs Rs 2000 plus Rs 400 in repairs and sells at Rs 2640. Profit percent?
- 12%
- 8%
- 15%
- 10%
Show answer and solution
Correct answer: D. 10%
Total cost is 2400 and profit is 240, which is 10 percent.
RRB NTPC Profit and Loss — practice questions — page 3
Explore 74 free Profit and Loss questions in RRB NTPC Quantitative Aptitude. Open each question or exercise to read its content, reference answers and available explanation.
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Showing questions 61–74 of 74.
A cycle costs Rs 2000 plus Rs 400 in repairs and sells at Rs 2640. Profit percent?Read the answer and worked solution →A sells to B at 20% profit; B sells to C at 25% profit for Rs 1500. A's cost price?Read the answer and worked solution →X sells to Y at a 10% loss; Y sells to Z for Rs 1080 at a 20% gain. X's cost price?Read the answer and worked solution →What loss percent occurs if the selling price is 7/8 of the cost price?Read the answer and worked solution →An article sold at 20% profit would earn 30% if sold for Rs 40 more. Its cost price isRead the answer and worked solution →Profit at Rs 2200 equals the loss at Rs 1800. The selling price for 25% profit isRead the answer and worked solution →40 shirts bought at Rs 250 each; 30 sold at Rs 320, the rest at Rs 200. Profit percent?Read the answer and worked solution →A price cut of 20% must be followed by what rise to restore the original price?Read the answer and worked solution →Goods bought at 10% below list price are sold at list price. Profit percent?Read the answer and worked solution →The discount is one fifth of the marked price of Rs 750. The selling price isRead the answer and worked solution →A 25% discount gives a price of Rs 1800. The price with only a 10% discount would beRead the answer and worked solution →In commercial trade, what base value is used to calculate profit percentage?Read the answer and worked solution →What is the total outlay needed to produce a product or deliver a service called?Read the answer and worked solution →Which deductions are made against list price by a wholesaler to a retailer?Read the answer and worked solution →
Worked practice questions
A sells to B at 20% profit; B sells to C at 25% profit for Rs 1500. A's cost price?
- Rs 950
- Rs 900
- Rs 1050
- Rs 1000
Show answer and solution
Correct answer: D. Rs 1000
B paid 1500/1.25 = 1200, and A paid 1200/1.2 = Rs 1000.
X sells to Y at a 10% loss; Y sells to Z for Rs 1080 at a 20% gain. X's cost price?
- Rs 1100
- Rs 900
- Rs 950
- Rs 1000
Show answer and solution
Correct answer: D. Rs 1000
Y paid 1080/1.2 = 900, which is 90 percent of X's cost, so X paid Rs 1000.
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