Profit and loss

Quantitative Aptitude(IBPS PO)

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profit loss

Directions (): Answer the questions based on the information given below.

The pie chart given below shows the percentage distribution of the cost price of six different items as total cost price of all the six articles together sold by a shopkeeper.

Question: 1

If the difference between the cost price of item C and E is Rs. 540 and profit earned on item C and E is 20% and 10% respectively, find the difference between the marked price of both items, if the discount given on both items is 20% each.

Rs. 675
Rs. 525
Rs. 450
Rs. 725
None of these

Explanation

Let the total cost price of the items = Rs. x

According to the question,

x × 20% - x × 10% = 540

x = Rs. 5400

Cost price of item C = 5400 × 10% = Rs. 540

Cost price of item E = 5400 × 20% = Rs. 1080

Required difference = 1080 × 110% × 100/80 - 540 × 120% × 100/80

= 1485 – 810

= Rs. 675

Question: 2

If the marked price of item B is Rs. 4140 and it is sold at 15% profit, then find the cost price of item A provided the discount given on item B is 20%.

Rs. 2450
Rs. 2880
Rs. 3600
Rs. 3240
None of these

Explanation

Marked price of item B = Rs. 4140

Cost price of item B = 4140 × 80% × 100/115 = Rs.2880

Cost price of item A = 2880/12 × 15 = Rs. 3600

Question: 3

If the ratio of the selling price of item B to item F is 3:4, and item B is sold at 35% profit, then find the profit percentage earned by the shopkeeper on item F.