SBI clerical Mock Test

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PRACTICE SET FOR SBI CLERK EXAM BY LEEPE
TUTORIAL
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PROFIT AND LOSS
There must be 2 or 3 questions which are based
upon profit and loss. It is an important chapter
you can crack the question easily if you have the
concept of profit and loss cleared in your mind.
Here are some practice question based on profit
and loss.
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Practice Set
Q1 A person sells an article for a price which
gives him a profit of 30 on cost price of Rs
500. calculate the selling price of the
article? a. 600 b. 650
c. 700 d. 750   Q2 A
person buys an article for Rs 600 and sells the
same at a loss of 30 find the selling price of
an article? a. 400 b. 410
c. 420 d. 430
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Practice Set
Q3 A person marks his good 20 more than the cost
price and allows some discount on it. he still of
makes a profit of 10. find the discount
percentage? a. 5.33 b. 6.33
c. 7.33 d. 8.33   Q4 A person
sells an article for Rs 360 at a loss of 10. for
what price should he sell the same article to
gain 20? a. 480 b. 490
c. 500 d. 510
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Practice Set
Q5 A dishonest dealer professes to sell his good
at cost price but uses a weight of 960g for app
Kg weight. find the gain percentage? a. 23/6
b. 25/6 c. 27/6
d. none of these Q6 A dishonest dealer
professes to sell his goods at the cost price.
but he uses a false weight and thus gains 6
18/47. find the weight he uses in place of 1
Kg? a. 910g b. 940g
c. 970g d. 990g
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Practice Set
Q7 By selling two articles for Rs 180 each a
shopkeeper gains 20 on one and losses 20 on the
other, find the percentage profit/loss? a. 3
b.4 c. 5
d. 6   Q8 A shopkeeper sells two
items at the same price. if he sells one of them
at a profit of 10 and other at a loss of 10 .
find the percentage profit/ loss? a. 1
b. 2 c. 3
d. 4
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Practice Set
Q9 A dishonest businessman professes to sell his
articles at cost price but he uses a false
weights with which he cheats by 10 while buying
and by 10 while selling. find the profit
percentage? a. 11.11 b. 22.22
c. 33.33 d. 44.44   Q10 By
selling 20 oranges, a person recover the cost
price of 25 oranges. find the gain or loss
percentage? a. 15 b. 20
c. 25 d. 30
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Practice Set
Q11 Toffees are bought at 12 for a rupee and are
sold 10 for a rupee. Find the percentage profit
or loss? a. 10 b. 15
c. 20 d. 25   Q12 A
shopkeeper allows a discount of 10 on the marked
price. how much cost price must he mark his good
to gain 8? a. 90 b. 100
c. 110 d. 120
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Practice Set
Q13 A person bought an article and sold it at
loss of 10. If he had bought it for 20 less and
sold it for Rs 55 more, he would have had profit
of 40. find the cost price of the article? a.
250 b. 260 c.
270 d. 280   Q14 calculate a
single discount to a series of discount of 20,
10 and 5? a. 30.6 b. 31.6
c. 32.6 d. 33.6
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Practice Set
Q15 If a commission of 20 is given on retail
price, the profit is 60. find the profit
percentage when the commission is increased by 5
of the retail price? a. 10 b. 25
c. 50 d. 70
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Practice Set
Answers PROFIT AND LOSS
1 B 2 C 3 D 4 A 5 B 6 B 7 B 8 A 9 B 10 C
            11 C 12 D 13 A 14 B 15 C        
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