profit and loss tricks for bank po - Wikitechy https://www.wikitechy.com/interview-questions/tag/profit-and-loss-tricks-for-bank-po/ Interview Questions Mon, 20 Sep 2021 10:20:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.wikitechy.com/interview-questions/wp-content/uploads/2025/10/cropped-wikitechy-icon-32x32.png profit and loss tricks for bank po - Wikitechy https://www.wikitechy.com/interview-questions/tag/profit-and-loss-tricks-for-bank-po/ 32 32 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 ? https://www.wikitechy.com/interview-questions/percentage/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/ https://www.wikitechy.com/interview-questions/percentage/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/#respond Tue, 17 Aug 2021 09:56:26 +0000 https://www.wikitechy.com/interview-questions/?p=1729

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?

A. 8 % decreases

B. 10 % decreases

C. 8 % increases

D. 10 % increases

Answer : D. 8 % increases

Explanation:

Let the original price be Rs. 100.
New final price = 120 % of (90 % of Rs. 100)
= Rs. (120/100 * 90/100 * 100)
= Rs. 108.
Increase = 8%

]]> https://www.wikitechy.com/interview-questions/percentage/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/feed/ 0 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

]]> 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/feed/ 0 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 ? https://www.wikitechy.com/interview-questions/profit-and-loss/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/ https://www.wikitechy.com/interview-questions/profit-and-loss/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/#respond Tue, 17 Aug 2021 06:47:35 +0000 https://www.wikitechy.com/interview-questions/?p=1672

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 ?

A. 25%

B. 15%

C. 10%

D. 20%

Answer : D. 20%

Explanation:

$660 = Selling Price + Sales Tax (110%)
Actual selling price without including sales tax = 100 / 110 * $660 = $600
Cost Price = $500
Profit = Selling Price – Cost Price
= $600 – $500
= $100
Therefore profit percentage = Profit / Cost Price
= (100 / 500 ) * 100%
= 20%.

]]> https://www.wikitechy.com/interview-questions/profit-and-loss/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/feed/ 0 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 ? https://www.wikitechy.com/interview-questions/profit-and-loss/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/ https://www.wikitechy.com/interview-questions/profit-and-loss/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/#respond Tue, 17 Aug 2021 06:34:05 +0000 https://www.wikitechy.com/interview-questions/?p=1667

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 ?

A . 10 %

B . 11 %

C . 12 %

D . 15 %

Answer : C . 12 %

Explanation:

Original price = 100
Cost Price = 80
Selling Price = 80 * (140 / 100) = 112
100 – 112 = 12% .

]]> https://www.wikitechy.com/interview-questions/profit-and-loss/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/feed/ 0 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 ? https://www.wikitechy.com/interview-questions/profit-and-loss/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/ https://www.wikitechy.com/interview-questions/profit-and-loss/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/#respond Tue, 17 Aug 2021 05:26:02 +0000 https://www.wikitechy.com/interview-questions/?p=1646

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 ?

A. 625000

B. 650000

C. 675000

D. 637000

E . 670000

Answer : C. 675000

Explanation :

Let Riya bought the car at Rs. x
so, cost price = x
Sold at Rs. 50000 less than Rs. x
so, selling price = x – 50000

Also, 50000 is 8% of x
50000 = 8/100 of x
50000 = 0.08x
or, x = 50000/0.08 = 625000

So, Riya bought at Rs. 625000.
To gain what she lost in her first transaction i.e., Rs 50000 she should have sold the car at Rs. 625000 + 50000
= Rs. 6,75,000

]]> https://www.wikitechy.com/interview-questions/profit-and-loss/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/feed/ 0 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 ? https://www.wikitechy.com/interview-questions/profit-and-loss/revati-brought-a-machine-of-450000-and-sold-it-to-raghu-at-profit-raghu-sold-the-machine-to-danush-at-loss-of-10-for-495000-what-profit-got-ravi/ https://www.wikitechy.com/interview-questions/profit-and-loss/revati-brought-a-machine-of-450000-and-sold-it-to-raghu-at-profit-raghu-sold-the-machine-to-danush-at-loss-of-10-for-495000-what-profit-got-ravi/#respond Tue, 17 Aug 2021 05:24:09 +0000 https://www.wikitechy.com/interview-questions/?p=1645

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 ?

A . 23 %

B . 21 %

C . 25 %

D . 22.22 %

Answer : D . 22.22 %

Explanation:

Raghu’s cost price (CP) is revati’s selling price (SP)
Raghu’s CP = (100/90) * 4,95,000 = 550000.
profit % = ( 100000 / 450000 ) * 100
= 22.22.

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