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: Rotomac produces very fine quality of writing pens. Company knows that on an average 10% of the produced pens are always defective so are rejected before packing. Company promises to deliver 7200 pens to its wholesaler at Rs. 10 each. It estimates the overall profit on all the manufactured pens to be 25%. What is the manufacturing cost of each pen?


Question: Pratibha printers prepares diaries expecting to earn a profit of 40% by selling on the marked price. But during transportation 8% diaries were got spoiled due to at random. Rain and 32% could be sold only at 75% of the cost price. Thus the remaining 60% diaries could be sold at the expected price. What is the net profit or loss in the whole consignment ?


Question: Radhey Lal markup the prices of sweets by 40% and he sold only 40% fo those at this price. He sells half of the rest at 142/7% discount and rest at 25% discount. What is the net profit of Radhey Lal?


Question: The price of an article reduces to 576 after two sucessive discounts. The markup is 80% above the cost price of Rs. 500. What is the new profit percentage if instead of two successive disconts the markup price was further increased successively two times by the same percentage?


Question: A trader marks-up his goods by 80% and gives discount of 25% Beside it he weight 10% less amount while selling his goods. What is the net profit of trader?


Question: A dishonest trader marks up his goods by 80% and gives discount of 25% Besides he gets 20% more amunt per kg from wholesaler and sells 10% less per kg to customer. What is the overall profit percentage?


Question: A dishonest dealar purchases goods at 20% discont of the cost price of Rs. x and also cheats his wholesaler by getting 20% extra through false weighing, per kg. Then he marks up his goods by 80% of x, but he gives a discount of 25% besides required. What is his overall profit percnetage?


Question: Anjuli, Bhoomika, and Chawla went to market to purchase the rings whose costs were same. But each ring was available with two successive discounts. Anjuli availed two successive discounts of 5% and 20% Bhoomika availed two successive discounts 10% and 15% while chawal availed two successive discounts of 12% and 13%. Who gets the maximum possible discount?


Question: An egg seller sells his eggs only in the packs of 3 eggs, 6 eggs, 9 eggs, 12 eggs etc, but the rate is not necessarily uniform. One day Raju (which is not the same egg seller) purchased at the rate of 3 eggs for a rupee and the next hour he purchased equal number of eggs at the eggs at the rate of 6 eggs for a rupee. Next day he sold all the eggs at the rate of 9 eggs for Rs. 2. What is his percentage profit or loss?

Answer:11.11% loss

Question: Virendra and Gurindra purchased one camera each at the same prices. Later on Amrendra purchased both cameras at equal prices from Virendra and Gurindra. But the profit percentage of Viverndra wasP while the same of Gurindra was Q since Gurindra calculated his profit on the selling price. Thus Q=412/3% of.If Amrendra sells one of the camera to Dholkiya, while Amrendra purchased each of the camera at Rs. 240?


Question: A merchant earns 25% profit in general. Once his 25% consignement was abducted forever by some goondas. Trying to compensate his loss he sold the rest amount by increasing his selling price by 20%. What is the new percetnage profit or loss?

Answer:12.5% profit

Question: A milkman purchases 10 litres of milk at Rs. 7 per litre and forms a mixture by adding freely available water which constitutes 16.66% of the mixture. Later on he replaced the mixture by some freely available water and thus the ratio of milk is to water 2:1. He then sold the new mixture at twice the cost of milk then what is the profit percentage?


Question: Profit on selling 10 canles equals selling price of 3 bulbs. While loss on selling 10 bulbs equals selling price of 4 candles. Also profit percentage equals to the loss percentage and cost of a candle is half of the cost of a bulb. What is the ratio of selling price of candle to the selling price of a bulb?


Question: Cost price of two motorcycle is same. One is sold at a profit of 15% and the other for Rs. 4800 more than the first. If the net profit is 20%. Find the cost price of each motorcyle:

Answer:Rs. 48000

Question: amjad khan bought an item and sold it at a loss of 10% .if they had bought the item for 20% less and sold it for rs.176 more they would have made a profit of 40% .what is the cost price of the item ?


Question: अगर कोई मालगाड़ी माल लेकर आना जाना १४ कि.मी होता है और उसका पहले पैसे मिलता था ३४.५० रुपया और २९ रुपया दोनों तरफ के लोडिंग वाहन के साथ और दोनों तरफ से सिंगल सिंगल रेट था ३४ रुपया और ३५ रुपया बिना लोडिंग चार्ज के साथ प्रश्र है अब कितना रुपया मिलना चाहिए लोडिंग चार्ज के साथ ?

Question: One pen was purchased for rs 564 after getting a discount of 6% and another pen was purchased for rs 396 after getting a discount of 1% . Taking both the items as a single transaction , what is percentage of discount?

Question: On selling three articles at the cost of four article, there will be profit of—

Answer:100/3 %

Question: By selling an article for Rs. 40, there is loss of 40%. By selling it for Rs. 80 there is—

Answer:Gain of 20%

Question: Sonu bought a watch with 30 percent discount on the labelled price. He sold it With 20 percent profit on the labelled price. Approximately, what was his percentage of profit on the price he bought?

Answer:(c) 70