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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

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Question: A dealer sold a bicycle at a profit of 10%. Had he brought the bicycle at 10% less price and sold it at a price Rs.60 more, he would have gained 25%. The cost price of the bicycle was:


Question: If the discount of 10% is given on the marked price of a radio, the gain is 20%. If the discount is increased to 20%. the gain is:-


Question: A shopkeeper allows a discount of 10% on the marked price of a camera. Marked price of the camera, which costs him Rs.600, to make a profit of 20% should be :-


Question: A dealer buys an article listed at Rs.100 and gets successive discounts of 10% and 20%. He spends 10% of the Cost price on transportation. At what price should he sell the article to earn a profit of 15% ?

Question: A merchant offers 8% discount on all his goods and still makes a profit of 15%. If an item is marked Rs.250, then its cost price is :


Question: Yogita sold a plasma TV at 20% gain to Shyamla. Shyamla sold it to Deepa at 10% profit. If Deepa had to pay Rs.33000 for the plasma TV, find the cost price of the Plasma TV for Yogita.


Question: A TV was bought at a price of Rs.21000. After 1 yr. the value of TV was depreciated by 5%. Find the value of the TV after 1 yr.


Question: A shopkeeper buys two camaras at the same price. He sells one camera at a profit of 18% and the other at a price 10% less than the selling price of the first. His total profit or loss per cent is :

Answer:12.1% profit

Question: The marked price of an item is twice the cost price. For a gain of 15%, the discount should be:


Question: A man sold his watch at a loss of 5%. Had he sold it for Rs.56.25 more, he would have gained 10%. What is the cost price (in Rs.) of the watch ?


Question: A double bed is marked at Rs.7500. The shopkeeper allows successive discounts of 8% and 2 % on it. What is the Net selling price.?


Question: A shoe company sold 50 pairs of shoes on a day costing Rs.189.50 each for Rs.10000/-. Then, the profit obtained in Rs. is :


Question: Kamala bought a bicycle for Rs.1650. She had to sell it at a loss of 7%. She sold it for:


Question: If you buy a house for Rs. 50,000 and sell it for Rs. 80,000, your profit percentage is

Question: A shopkeeper allows a rebate 12% on the marked price of an article such that the selling price is Rs.440. Then, the marked price of the article is :


Question: Mr.Y purchased a flat for Rs.925000 and spent Rs.35000 for its renovation. If he sold the flat for Rs.1080000, then his profit per cent is :


Question: A tradesman marks his goods at 25% above the cost price. If he reduces the marked price by 12 (1/2%), then his profit will be :

Answer:9 (3/8%)

Question: A table is sold at a profit of 13%. If it is sold for Rs.25 more, profit is 18%. Cost price of table is :


Question: The marked price of an article is 10% higher than the post price. A discount of 10% is given on the marked price. In this kind of sale, the seller bears:

Answer:a loss of 1%

Question: Salim had to sell vegetable worth Rs/5750 for Rs.4500 due to heavy rainfall. What is the loss percentage that he has incurred ?