profit and loss tricks for bank exams - Wikitechy https://www.wikitechy.com/interview-questions/tag/profit-and-loss-tricks-for-bank-exams/ Interview Questions Tue, 07 Sep 2021 10:12:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://www.wikitechy.com/interview-questions/wp-content/uploads/2025/10/cropped-wikitechy-icon-32x32.png profit and loss tricks for bank exams - Wikitechy https://www.wikitechy.com/interview-questions/tag/profit-and-loss-tricks-for-bank-exams/ 32 32 If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425, what is the greatest possible profit that might be made in selling eight books ? https://www.wikitechy.com/interview-questions/profit-and-loss/if-books-bought-at-prices-ranging-from-rs-200-to-rs-350-are-sold-at-prices-ranging-from-rs-300-to-rs-425-what-is-the-greatest-possible-profit-that-might-be-made-in-selling-eight-books/ https://www.wikitechy.com/interview-questions/profit-and-loss/if-books-bought-at-prices-ranging-from-rs-200-to-rs-350-are-sold-at-prices-ranging-from-rs-300-to-rs-425-what-is-the-greatest-possible-profit-that-might-be-made-in-selling-eight-books/#respond Tue, 17 Aug 2021 07:17:16 +0000 https://www.wikitechy.com/interview-questions/?p=1691

If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425, what is the greatest possible profit that might be made in selling eight books ?

A . 1801 gain

B . 600

C . 1200

D . 1800

Answer : D . 1800

Explanation:

Least Cost Price = Rs. ( 200 * 8 )
= Rs. 1600.

Greatest Selling Price = Rs. ( 425 * 8 )
= Rs. 3400.

Required profit = Rs. ( 3400 – 1600 )
= Rs. 1800.

]]> https://www.wikitechy.com/interview-questions/profit-and-loss/if-books-bought-at-prices-ranging-from-rs-200-to-rs-350-are-sold-at-prices-ranging-from-rs-300-to-rs-425-what-is-the-greatest-possible-profit-that-might-be-made-in-selling-eight-books/feed/ 0 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 ? https://www.wikitechy.com/interview-questions/profit-and-loss/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/ https://www.wikitechy.com/interview-questions/profit-and-loss/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/#respond Tue, 17 Aug 2021 06:52:02 +0000 https://www.wikitechy.com/interview-questions/?p=1674

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 ?

A. 15

B. 16

C. 18

D. 25

Answer : B . 16

Explanation:

Let Cost Price of each article be Re. 1
Cost Price of x articles = Rs. x.
Selling Price of x articles = Rs. 20.
Profit = Rs. (20 – x).

So {(20 – x) / x} x 100 = 25
x = 16

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