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**ExamPundit**. Here is a set of Quantitative Aptitude Quiz for Bank and Insurance Exams 2015. The following set is based on Profit and Loss.**1. Ajay bought 40kgs of wheat at Rs. 12.50 per kg and 25kgs of it at Rs. 15.10 per kg. He mixed**

**them together. At what rate should he sell the mixture to earn 10% profit?**

(a) Rs. 13.50

(b) Rs. 13.25

(c) Rs. 14.75

(d) Rs. 14.85

(e) None of these

**2. The profit earned after selling an article for Rs. 1,516 is the same as loss incurred after selling the**

**article for Rs. 1,112. Then what is the cost of the article?**

(a) Rs. 1,314

(b) Rs. 1,343

(c) Rs. 1,414

(d) Rs. 1,434

(e) None of these

**3. The profit earned after selling an article for Rs. 1,754 is the same as loss incurred after selling the**

**article for Rs. 1,492. Then what is the cost price of the article?**

(a) Rs. 1,623

(b) Rs. 1,523

(c) Rs. 1,689

(d) Rs. 1,589

(e) None of these

**4. Radhakant purchased 100 sarees @ Rs. 450 per piece. While selling he offered 10% discount on the**

**labelled price and earned a profit of 20%. Then what was the labelled price of each saree?**

(a) Rs. 540

(b) Rs. 650

(c) Rs. 590

(d) Rs. 600

(e) None of these

**5. Vinay makes a profit of Rs. 110 if he sells a certain number of pencils he has at the price of Rs. 2.5 per**

**pencil and incurs a loss of Rs.55 if he sells the same number of pencils for Rs. 1.75 per pencil. How many**

**pencils does Vinay have?**

(a) 220

(b) 240

(c) 200

(d) Cannot be determined

(e) None of these

**6. A shopkeeper bought 30 kg of wheat at the rate of Rs. 45 per kg. He sold 40 percent of the total**

**quantity at the rate of Rs. 50 per kg. Approximately, at what price per kg. should he sell the remaining**

**quantity to make 25 percent overall profit?**

(a) Rs. 54

(b) Rs. 52

(c) Rs. 50

(d) Rs. 60

(e) Rs. 56

**7. Priyanka purchased a car for Rs. 2,50,000 and sold it for Rs. 3,48,000. Then what is the percent profit**

**she made on the car?**

(a) 40

(b) 39.2

(c) 38.4

(d) 38

(e) None of these

**8. Suman purchased a mobile phone and refrigerator for Rs. 12,000 and Rs. 10,000 respectively. She sold**

**the refrigerator at a loss of 12 percent and mobile phone at a profit of 8 percent. Then what is her**

**overall loss/profit?**

(a) Loss of Rs. 280

(b) Profit of Rs. 2,160

(c) Loss of Rs. 240

(d) Profit of Rs. 2,060

(e) None of these

**9. A shopkeeper sells notebooks at the rate of Rs 45 each and earns a commission of 4%. He also sells**

**pencil box at the rate of Rs. 80 each and earns a commission of 20%. How much amount of commission**

**will he earn in two weeks if he sells 10 notebooks and 6 pencil boxes a day?**

(a) Rs. 1,956

(b) Rs. 1,586

(c) Rs. 1,496

(d) Rs. 1,596

(e) None of these

**10. A man sold a wristwatch for Rs. 2,400 at loss of 25 percent. At what rate should he have sold the**

**wristwatch to earn a profit of twenty five percent?**

(a) Rs. 3,600

(b) Rs. 4,000

(c) Rs. 3,500

(d) Rs. 3,800

(e) None of these

Regards

Regards

**Team ExamPundit****Books For 2015 Banking/Insurance Exams**

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