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Profit and Loss Questions

10 Profit and Loss questions from Prepp with detailed answers and explanations. Free previous year questions and MCQs.

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10
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0
Easy
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10
Medium
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0
Hard
Years:2026 (10)

Profit and LossPrepp(110 of 10)

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Q1mediummcqQuantitative AptitudePrepp2026
0% accuracy
Ramitra purchased raw materials at a certain price for manufacturing a product. However, due to a shortage of workers, of the raw material could not be used and went to waste. 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 after allowing a discount of , 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 and .
* 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 articles. If the profit is , then find the value of .
Q4mediummcqQuantitative AptitudePrepp2026
Ramanna purchased raw materials for a certain price to manufacture a product. However, owing to shortage of labour, of the raw materials could not be utilised and got wasted. 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 after offering a discount of , how many times of the total cost of the raw materials purchased was the marked price of the product?
Q5mediummcqQuantitative AptitudePrepp2026
A shopkeeper offers schemes of discounts to his customers. Which of the following schemes will fetch the minimum discount percentage?
* Scheme A: Two successive discounts of and .
* Scheme B: Buy get free.
* Scheme C: Buy and get .
Q6mediummcqQuantitative AptitudePrepp2026
Find a single discount rate percentage equivalent to the successive discounts of , , and .
Q7mediummcqQuantitative AptitudePrepp2026
The marked price of an article is more than its cost price. If a discount of is given, what will be the profit percentage?
Q8mediummcqQuantitative AptitudePrepp2026
Aarav owns a watch worth ₹ . He sells it to Bhavin at a profit of . After some days, Bhavin sells it back to Aarav at a loss. Find the percentage profit or loss faced by Aarav over the entire transaction.
Q9mediummcqQuantitative AptitudePrepp2026
A merchant bought two watches for ₹ each. He sold one watch at a loss of . At what price (in ₹) should he sell the other watch to earn a profit of overall?
Q10mediummcqQuantitative AptitudePrepp2026
A jacket is marked for . A customer pays for it. If the customer got a series of two discounts and the rate of the first discount is , 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.