IBPS Government Jobs Exams Numerical Ability Profit and Loss

After having to pay increased income taxes this year, Edmond has to sell his BMW. Edmond
bought the car for $49,000, but he sold it for a 20% loss. What did Edmond sell the car for?
A. $24,200
B. $28,900
C. $35,600

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IBPS Other Question
A car dealer sells a SUV for $39,000, which represents a 25% profit over the cost. What was
the cost of the SUV to the dealer?
A. $29,250
B. $31,200
C. $32,500
D. $33,800
E. $33,999 Find 0.12 ÷12
A. 100
B. 10
C. 1
D. 0.01
E. 0.001