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Competitive Exam Practice

Profit and Loss Questions

11 Profit and Loss questions from Competitive Exam Practice with detailed answers and explanations. Free previous year questions and MCQs.

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11
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2
Easy
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9
Medium
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0
Hard
Years:2026 (11)

Profit and LossCompetitive Exam Practice(111 of 11)

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Q1mediummcqQuantitative AptitudeCompetitive Exam Practice Paper2026
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A shopkeeper allows a discount of on the marked price of an item but charges a sales tax of on the discounted price. If the customer pays as the price including the sales tax, then what is the marked price?
Q2mediummcqQuantitative AptitudeCompetitive Exam Practice Paper2026
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As a result of hike in the price of rice per kg, a person is unable to purchase more rice for . What was the original price of rice per kg?
Q3easymcqQuantitative AptitudeCompetitive Exam Practice Paper2026
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What is the discount on a pair of shoes marked at and discounted at ?
Q4mediummcqQuantitative AptitudeCompetitive Exam Practice Paper2026
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A person sold a horse at a gain of . Had he bought it for less and sold it for less, he would have made a profit of . The cost price of the horse was :
Q5mediummcqQuantitative AptitudeCompetitive Exam Practice2026
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By selling a table for ₹, a trader gains . Find the cost price of the table.
Q6mediummcqQuantitative AptitudeCompetitive Exam Practice2026
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Sabiha purchased cups for her shop at ₹ each. During transportation, cups got damaged, and she sold the remaining cups at ₹ each. Find her overall percentage profit.
Q7mediummcqQuantitative AptitudeCompetitive Exam Practice2026
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A shopkeeper buys chocolates for ₹ . To gain a profit, how many chocolates should he sell for ₹ ?
Q8mediummcqQuantitative AptitudeCompetitive Exam Practice2026
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A trader marks his goods at above the cost price and offers a discount of on the marked price. Find his profit percentage.
Q9mediummcqQuantitative AptitudeCompetitive Exam Practice2026
Reyan purchased a laptop for ₹56,000 and a scanner-cum-printer for ₹22,000. He sold the laptop for a 20% profit and the scanner-cum-printer for a 15% profit. What is his overall profit percentage?
Q10mediummcqQuantitative AptitudeCompetitive Exam Practice2026
Which of the following schemes will yield maximum discount on purchase of ₹x?
2 successive discounts of 25% and 15%

Single discount of 20%

2 free on purchase of 3 items

3 free on purchase of 7 items
Q11easymcqQuantitative AptitudeCompetitive Exam Practice2026
A wrist watch was purchased for ₹3,000 and sold for ₹3,500. Find the profit percentage.

Competitive Exam Practice Profit and Loss — FAQ

How many Profit and Loss questions come in Competitive Exam Practice?
Our database has 11 Profit and Loss questions from Competitive Exam Practice covering 2026 to 2026.
What difficulty are Competitive Exam Practice Profit and Loss questions?
The 11 Competitive Exam Practice Profit and Loss questions include 2 easy, 9 medium and 0 hard level questions.
Where can I find more Profit and Loss questions for other exams?
Visit /tag/profit-and-loss to see all Profit and Loss questions across all exams including Competitive Exam, SSC Selection Post 2021 Matriculation Level, SSC CGL.