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RBI IBPS Special Study Materials Bank Exams : Numerical Ability/Quantitative Aptitude - Profit and Loss (MCQ) Quiz - 22

**1. A trader mixes three varieties of groundnuts costing Rs. 50, Rs. 20 and Rs. 30 per kg in the ratio 2 : 4 : 3 in terms of weight, and sells the mixture at Rs. 33 per kg. What percentage of profit does he make?**
1. 8%
2. 3%
3. 11%.
4. 12%
5. 10%
**2. A dairyman pays Rs. 6.40 per litre of milk. He adds water and sells the mixture at Rs. 8 per litre, thereby making 37.5% profit. The proportion of water to milk received by the customers is:**
1. 1 : 10
2. 1 : 12
3. 2 : 7
4. 3 : 20
5. 2 : 5
**3. A fruitseller has 24 kg of apples. He sells a part of these at a gain of 20% and the balance at a loss of 5%. If on the whole he earns a profit of 10%, the amount of apples sold at a loss is:**
1. 9.8 kg
2. 8 kg
3. 9.6 kg
4. 12.4 kg
5. 9.7 kg
**4. Two-third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%. If the total profit was Rs. 400, the value of the consignment (in Rs.) was**
1. 13,000
2. 17,000
3. 15,000
4. 40,000
5. 16,000
**5. A trader purchases a watch and a wall clock for Rs. 390. He sells them making a profit of 10% on the watch and 15% on the wall clock. He earns a profit of Rs. 51.50. The difference between the original prices of the wall clock and the watch is equal to:**
1. Rs. 111
2. Rs. 150
3. Rs. 110
4. Rs. 130
5. Rs. 115
**6. Albert buys 4 horses and 9 cows for Rs.13,400. If he sells the horses at 10% profit and the cows at 20% profit, then he earns a total profit of Rs.1880. The cost of a horse is:**
1. Rs. 2200
2. Rs. 2000
3. Rs. 2700
4. Rs. 3200
5. Rs. 2100
**7. A man purchases two clocks A and B at a total cost of Rs. 650. He sells A with 20% profit and B at a loss of 25% and gets the same selling price for both the clocks. What are the purchasing prices of A and B respectively?**
1. Rs. 550, Rs. 660
2. Rs. 250, Rs. 400
3. Rs. 378, Rs. 375
4. Rs. 300, Rs. 350
5. Rs. 350, Rs. 400
**8. The C.P. of two watches taken together is Rs. 840. If by selling one at a profit of 16% and the other at a loss of 12%, there is no loss or gain in the whole transaction, then the C.P of the two watches are respectively:**
1. Rs. 360, Rs. 480
2. Rs. 500, Rs. 360
3. Rs. 360, Rs. 460
4. Rs. 400, Rs. 440
5. Rs. 350, Rs. 450
**9. On selling a chair at 7% loss and a table at 17% gain, a man gains Rs.296. If he sells the chair at 7% gain and the table at 12% gain, then he gains Rs.400. The actual price of the table is:**
1. Rs. 2100
2. Rs. 1900
3. Rs. 2200
4. Rs. 2400
5. Rs. 2300
**Answers:**
1 5
2 1
3 3
4 3
5 3
6 2
7 2
8 1
9 4
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