profit and loss shortcut tricks for bank exams - Interview Questions

profit and loss shortcut tricks for bank exams

What is price of a pair of sandles is decreased by 10% the number of pair sold incresed by 20%. What is net effect on sells ?

Answer : D. 8 % increases

100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is ?

Answer : A . 1427% gain

The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is ?

Answer : B . 16

A storekeeper sold a wrist watch for $660, including a sales tax of 10%. If the cost price of the watch is $500, what is the percentage profit for shopkeeper ?

Answer : D. 20%

A trader bought a car at 20% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price ?

Answer : C . 12 %

Riya sold her car for 50000 less than what she bought it for and lost 8% at what price should she have sold her car, if she wanted to gain as much as she lost in the first transaction ?

Answer : C. 675000…

Revati brought a machine of 4,50,000 and sold it to raghu at profit. Raghu sold the machine to danush at loss of 10% for 4,95,000. What profit got ravi ?

Answer : D. 22.22 %…