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Profit and Loss Questions

20 Profit and Loss questions from Practice Test with detailed answers and explanations. Free previous year questions and MCQs.

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20
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0
Easy
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20
Medium
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0
Hard
Years:2026 (20)

Profit and LossPractice Test(120 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 discount, but charges on the discounted price, for delivery and packaging. The retailer sells it for more, thereby earning a profit of . At what price had the trader marked the item?
Q3mediummcqQuantitative AptitudePractice Test2026
A trader allows a discount of on the marked price. He still has a profit of 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 . He sold the horse at a profit of and the camel at a loss of . 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 . If he could sell it for more, he would make a profit of . What is the cost price of the article?
Q6mediummcqQuantitative AptitudePractice Test2026
By selling an article for ₹, a man incurs a loss of . At what price should he sell it, so that it makes a profit of ?
Q7mediummcqQuantitative AptitudePractice Test2026
A retailer marks up his goods by and offers a discount. What will be the selling price if the cost price is ₹?
Q8mediummcqQuantitative AptitudePractice Test2026
A dishonest shopkeeper professes to sell goods at his cost price but uses a false weight of for each kilogram. What is his gain percent?
Q9mediummcqQuantitative AptitudePractice Test2026
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Study the table and find the value for R.
Q10mediummcqQuantitative AptitudePractice Test2026
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?
Q11mediummcqQuantitative AptitudePractice Test2026
An article was bought for and sold at a loss of . What is the selling price?
Q12mediummcqQuantitative AptitudePractice Test2026
A trader marked a table at ₹37,062, and sold it allowing a 33% discount. If his profit was 42%, then the cost price (in ₹) of the table was:
Q13mediummcqQuantitative AptitudePractice Test2026
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?
Q14mediummcqQuantitative AptitudePractice Test2026
A shopkeeper bought a television for ₹ and sold it for ₹ . Calculate the profit and profit percentage.
Q15mediummcqQuantitative AptitudePractice Test2026
A shopkeeper sets the marked price of his goods at above the cost price. To attract customers, he offers a discount of on the marked price. Calculate the percentage of profit the shopkeeper makes on selling the goods after allowing the discount.
Q16mediummcqQuantitative AptitudePractice Test2026
A merchant buys an article for ₹ and sells it at a loss. What is the selling price of the article?
Q17mediummcqQuantitative AptitudePractice Test2026
A person bought a laptop for and sold it at a profit of . What is the selling price of the laptop?
Q18mediummcqQuantitative AptitudePractice Test2026
A number is first increased by and then decreased by . What is the net percentage change?
Q19mediummcqQuantitative AptitudePractice Test2026
A shopkeeper marks his goods at above the cost price and offers a discount of on the marked price. What is his profit percentage?
Q20mediummcqQuantitative AptitudePractice Test2026
A shopkeeper gives a discount of about and still earns a profit of around . 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.