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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: If selling price of an article is 1 (1/3) of its cost price, find gain percentage.

Answer:33 (1/3)

Question: Given :
Realised value of assets Rs. 60,000
Profit on Realisation Rs. 3,000
Book value of assets will be-

Answer:Rs. 60,000

Question: If actual average profit is Rs. 30,000 and normal rate of return is 12%, then capitalization value of the profits will be-

Answer:Rs. 2,50,000

Question: A shopkeeper purchased 100 oranges for Rs. 350 and then sold these oranges at the rate of Rs.48 per dozen.what is his percentage profit ?

Question: A shopkeeper sells an article at a loss of 12(1/2)%. Had he sold the article for Rs.51.80 more, he would have earned a profit of 6%. The cost price of the article is :


Question: The cost price of 18 articles is equal to the selling price of 15 articles. The gain is :


Question: A sofa set carrying a sale-price ticket of Rs. 5,000 is sold at a discount of 4%, thereby the trader earns a profit of 20%. The trader's cost price of the sofa set is:

Answer:Rs. 4,000

Question: if a frame is sold at Rs.60,there is a loss of 15%.for a profit of 2%,the frame is to be sold at

Question: A got 30% concession on the label price of an Article sold for Rs.8750 with 25% profit on the price he bought. The label price was :


Question: The cost price of a book is Rs.150. At what price should it be sold to gain 20% ?


Question: If books bought at prices ranging from Rs.150 to Rs.300 are sold at prices ranging from Rs.250 to Rs.350, what is the greatest possible profit that might be made in selling 15 books ?


Question: The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is


Question: A salesman expects a gain of 13% on his cost price. If in a month his sale was Rs.791000. What was his profit ?


Question: A merchant fixed the selling price of his articles at Rs.700 after adding 40% profit to the cost price. As the sale was very low at this price level, he decided to fix the selling price at 10% profit. Find the new selling price.


Question: A trader marks his goods 25% above his cost price but allows his customers a discount of 10% on the marked price at the time of selling. By this, the trader gains :


Question: A trader allows two successive discount of 30% and 15% on selling an article. If he gets Rs.476 for that article, find its marked price.


Question: Mr.A bought a refrigerator with 16 (2/3)% discount on the labelled price. Had he bought it with 25% discount, he would have saved Rs.600. At what price did he buy the refrigerator.


Question: A fruit merchant makes a profit of 25% by selling mangoes at a certain price. If he charge 1 Rs more on each mango. He would gain 50%.
At first the price of one mango was?


Question: A seller increases the cost price of an article by 30% and fix the marked price as Rs 286 . But during sale, he gave 10 % discount to the purchaser. The percentage of profit will be?


Question: A house worth Rs 150000 is sold by X to Y at 5% profit. Y sells the house back to X at 2% loss. Then in the entire transaction: