20 Profit and Loss questions from Practice Test with detailed answers and explanations. Free previous year questions and MCQs.
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Years:2026 (20)
Profit and Loss — Practice Test(1–20 of 20)
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Q1mediummcqQuantitative AptitudePractice Test2026
Ram sold two bags at ₹1,260 each. On one, he gained 20% and on the other, he lost 20%. Find his gain or loss percentage in the whole transaction.
Q2mediummcqQuantitative AptitudePractice Test2026
A trader sells one item to a retailer at a 20% discount, but charges 10% on the discounted price, for delivery and packaging. The retailer sells it for ₹4,092 more, thereby earning a profit of 25%. At what price had the trader marked the item?
Q3mediummcqQuantitative AptitudePractice Test2026
A trader allows a discount of 20% on the marked price. He still has a profit of 44% on the cost price. Find the profit percentage if he sells at the marked price.
Q4mediummcqQuantitative AptitudePractice Test2026
At a village trade fair, a man buys a horse and a camel for a total amount of ₹5,125. He sold the horse at a profit of 25% and the camel at a loss of 20%. If he had sold both the animals at the same price, then the cost price of the cheaper animal was:
Q5mediummcqQuantitative AptitudePractice Test2026
A man sold an article at a loss of 20%. If he could sell it for ₹1,200 more, he would make a profit of 5%. What is the cost price of the article?
Q6mediummcqQuantitative AptitudePractice Test2026
By selling an article for ₹480, a man incurs a loss of 10%. At what price should he sell it, so that it makes a profit of 20%?
Q7mediummcqQuantitative AptitudePractice Test2026
A retailer marks up his goods by 150% and offers a 40% discount. What will be the selling price if the cost price is ₹1,600?
Q8mediummcqQuantitative AptitudePractice Test2026
A dishonest shopkeeper professes to sell goods at his cost price but uses a false weight of 960gm for each kilogram. What is his gain percent?
Sonam purchased a mobile phone for ₹27,000 and sold it at a loss of 19%. With that money she purchased a Tablet and sold it at a gain of 20%. What is her overall gain or loss?
The cost price of milk is increased to ₹62 from ₹60. The milkman sold milk at 10% profit earlier. What is his profit now if he sells milk at the same rate?
A shopkeeper sets the marked price of his goods at 25% above the cost price. To attract customers, he offers a discount of 10% on the marked price. Calculate the percentage of profit the shopkeeper makes on selling the goods after allowing the discount.
A shopkeeper gives a discount of about 5% and still earns a profit of around 12%. If he does not give any discount, approximately what percentage profit will he earn?
Practice Test Profit and Loss — FAQ
How many Profit and Loss questions come in Practice Test?▼
Our database has 20 Profit and Loss questions from Practice Test covering 2026 to 2026.
What difficulty are Practice Test Profit and Loss questions?▼
The 20 Practice Test Profit and Loss questions include 0 easy, 20 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 CGL, Staff Selection Commission.