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Profit and Loss QUESTIONS

Exam NameProfit and Loss QUESTIONS
DescriptionProfit 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
Exam TypeMASTER EXAM
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Question: The cost price of an article is 40% of the selling price. What per cent of the cost price is the selling price ?

Answer:250%


Question: If the selling price of 10 articles is equal to the cost priceof 11 articles, then the gain per cent is :

Answer:10


Question: While selling a watch, a shopkeeper gives a discount of 5%. If he gives a discount of 6%, he earns Rs.15 less as profit. What is the marked price of the watch?

Answer:1500


Question: Krishna purchased a number of articles at Rs.10 for each and the same number for Rs.14 each. He mixed them together and sold them for Rs.13 each. Then, his gain or loss per cent is :

Answer:gain 8 1/3%


Question: A trader bought two horses for Rs.19500. He sold one at a loss of 20% and the other at profit of 15%. If the selling price of each horse is the same, then their cost prices re respectively:

Answer:Rs.11500 and Rs/8000


Question: If the cost price of 10 articles is equal to the selling price of 8 articles, then gain per cent is :

Answer:25%


Question: An article is marked 40% above the cost price and a discount of 30% is allowed. What is the gain or loss percentage ?

Answer:2% loss


Question: A man bought oranges at the rate of 8 for Rs.34 and sold them at the rate of 12 for Rs.57. How many oranges should be sold to earn a net profit of Rs/45/-?

Answer:90


Question: A man sells two articles for Rs.5000 each neither losing nor gaining in the deal. If he sold one of them at a gain of 25%, the other article is sold at a loss of :

Answer:16 2/3%


Question: By selling an article for Rs144, a person gained such that the percentage gain equals the cost price of the article. The cost price of the article is :

Answer:80


Question: By selling an article, a man makes a profit of 25% of its selling price. His profit per cent is :

Answer:33 1/3


Question: By selling a bicycle for Rs.2850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be :

Answer:Rs.2700


Question: A manufacturer marked an article at Rs.50 and sold it allowing 20% discount. If his profit was 25%, then the cost price of the article was :

Answer:Rs.32


Question: A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is :

Answer:45 : 56


Question: Cost price of 100 books is equal to the selling price of 60 book. The gain percentage/loss percentage is -

Answer:66 (2/3)%


Question: The printed price of an article is 40% higher than its cost price. Then the rate of discount such that he gains 12% profit is :

Answer:20%


Question: A and B entered into a partnership investing Rs.16000/- and Rs.12000 respectively. After 3 months A withdrew Rs.5000 while B invested Rs.5000 more. After 3 more months C joins the business with a Capital of Rs.21000. The share of B exceeds that of C, out of a total profit of Rs.26400 after one year by-

Answer:Rs.3600


Question: A shopkeeper gains 17% after allowing a discount of 10% on the marked price of an article. Find his profit percent if the articles are sold at marked price allowing no discount.

Answer:30%


Question: Cost price of 100 books is equal to the selling price of 60 books. The grain or loss percentage will be :

Answer:66 2/3%


Question: An article which is marked at Rs.975 is sold for Rs.897. The discount is

Answer:8%