10 Profit and Loss questions from Prepp with detailed answers and explanations. Free previous year questions and MCQs.
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Years:2026 (10)
Profit and Loss — Prepp(1–10 of 10)
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Q1mediummcqQuantitative AptitudePrepp2026
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Ramitra purchased raw materials at a certain price for manufacturing a product. However, due to a shortage of workers, 22.5% of the raw material could not be used and went to waste. 80% of the cost of the used raw material was added as manufacturing cost. If Ramitra can sell her product to earn an overall profit of 20% after allowing a discount of 20%, then the marked price of the product was how many times the total cost of the raw material purchased?
Q2mediummcqQuantitative AptitudePrepp2026
0% accuracy
A shopkeeper offers 3 discount schemes to his customers. Which of the following schemes will provide the minimum discount percentage? * A) Two successive discounts of 24% and 27%. * B) Buy 5, get 3 free. * C) Buy 6 and get 10.
Q3mediummcqQuantitative AptitudePrepp2026
0% accuracy
The cost price of 36 articles is equal to the selling price of N articles. If the profit is 20%, then find the value of N.
Q4mediummcqQuantitative AptitudePrepp2026
Ramanna purchased raw materials for a certain price to manufacture a product. However, owing to shortage of labour, 22.5% of the raw materials could not be utilised and got wasted. 80% of the cost of raw materials used was added as the cost of manufacturing. If Ramanna could sell his product at a price to earn an overall profit of 20% after offering a discount of 20%, how many times of the total cost of the raw materials purchased was the marked price of the product?
Q5mediummcqQuantitative AptitudePrepp2026
A shopkeeper offers 3 schemes of discounts to his customers. Which of the following schemes will fetch the minimum discount percentage? * Scheme A: Two successive discounts of 24% and 27%. * Scheme B: Buy 5 get 3 free. * Scheme C: Buy 6 and get 10.
Q6mediummcqQuantitative AptitudePrepp2026
Find a single discount rate percentage equivalent to the successive discounts of 10%, 20%, and 20%.
Q7mediummcqQuantitative AptitudePrepp2026
The marked price of an article is 35% more than its cost price. If a discount of 15% is given, what will be the profit percentage?
Q8mediummcqQuantitative AptitudePrepp2026
Aarav owns a watch worth ₹ 10,000. He sells it to Bhavin at a profit of 15%. After some days, Bhavin sells it back to Aarav at a 15% loss. Find the percentage profit or loss faced by Aarav over the entire transaction.
Q9mediummcqQuantitative AptitudePrepp2026
A merchant bought two watches for ₹ 9,000 each. He sold one watch at a loss of 10%. At what price (in ₹) should he sell the other watch to earn a profit of 18% overall?
Q10mediummcqQuantitative AptitudePrepp2026
A jacket is marked for ₹2,500. A customer pays ₹1,800 for it. If the customer got a series of two discounts and the rate of the first discount is 10%, then the rate of the second discount is:
Prepp Profit and Loss — FAQ
How many Profit and Loss questions come in Prepp?▼
Our database has 10 Profit and Loss questions from Prepp covering 2026 to 2026.
What difficulty are Prepp Profit and Loss questions?▼
The 10 Prepp Profit and Loss questions include 0 easy, 10 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.