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 seller gains 20% profit after allowing 10% discount. If the amount of profit on a TV set is Rs 750, then the marked price of the TV set is:


Question: Ritu purchased 2 1/2 dozen eggs at the rate of Rs 20 per dozen. She found that 6 eggs were rotten. She sold the remaining eggs at the rate of Rs 22 per dozen. Then her profit and loss percent is:

Question: A man allow a discount of 10% on a book whose marked price is Rs 40. What is the cost price so that the profit is 20%.

Question: A Book vendor sold a book at a loss of 20%. Had he sold it for Rs.108 more, he would have earned a profit of 30%. Find the cost price of the book.


Question: A retailer buys a ratio for Rs.225. His overhead expenses are Rs.15. He sells the ratio for Rs.300. The profit per cent of the retailer is :

Answer:26 (2/3)%

Question: A shopkeeper bought 200 articles, each costing same. He sold 30% of the articles of 20% profit and the remaining at 10% profit. If the total profit made by him is Rs.2600/-, find the cost price of one article.


Question: A sofa-set is marked at Rs.20000. The shopkeeper allows successive discounts of 10%, 5% and 2% on it. What is the net selling price ?


Question: Ram sold a cow for Rs.136 and thus lost 15%. At what price he should have sold it to gain 15% ?


Question: A trader allows 10% discount on market price and gains 25%. If the market price of the article is Rs.50, what is its cost price ?


Question: Ram, Rahim and Robert started a partnership business investing Rs.30000, Rs.50000 and Rs.40000 respectively. If they made an annual profit of Rs.18504, then the share of Rahim is:

Question: In a business A and C invested amounts in the ratio 2 : 1 whereas A and B invested amounts in the ratio 3 : 2. If their annual profit be Rs.157300, then B's share in the profit is :

Question: An article is sold at a profit of 25% . If the selling price is doubled, the profit will be:


Question: A Person buys a horse for 15 pounds, after one year he sells it for 20 pounds. After one year, again he buys the same horse at 30 pounds and sells it for 40 pounds. What is the profit for that person (in pounds)?

Answer:None of the above

Question: A vender sells two articles at same price with one article at 25% profit and other at 20% loss, what is the profit/loss percent in the overall transaction.

Answer:4.6% loss

Question: The cost 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 dishonest dealer professes to sell his good at cost price but uses a false weight and thus gains 20%. For a kilogram he uses a weight of

Answer:800 g

Question: A person sold an article fro 3600 and got a profit of 20%. Had he sold the article for 3150, how much profit would he have got?


Question: A person sold an article for 136 and got 15% loss. Hiad he sold it for x, he would have got a profit of 15%. Which one of the following is correct?

Answer:180 < x < 190

Question: The marked price of a machine is rs 18000. By selling it at a discount of 20%, the loss is 4%. What is the cost price of the machine?