Profit and Loss QUESTIONS and Answers exams contains the questions from various competitive exams.These questions are the part of previous year paper.These kind of questions would be helpful in preparing for exams like IAS, PCS, UPSC, NDA, CDS SSC, RRB, PSC, IBPS
Jacob bought a scooter for a certain sum of money . He spent 10% of the cost on repairs and sold the scooter for a profit of Rs.1100/-. How much did he spend on repairs if he made a profit of 20%?
A manufacturer undertakes to supply 2000 pieces of a particular component at Rs.25 per piece.According to his estimates, even if 5% fail to pass the quality tests, then he will make a profit of 25%. However, as it turned out, 50% of the components were rejected. What is the loss to the manufacturer ?
A bicycle marketed as Rs.2,000, is sold with two successive discount of 20% and 10%. An additional discount of 5% is offered for cash payment. The selling price of the bicycle at cash payment is
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