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Profit And Loss Questions

Practice 206 Profit And Loss questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.

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206
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26
Easy
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173
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7
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Practice by Exam:Quantitative Aptitude(189)Mathematics(5)Numerical Ability(2)Quantitative Aptitude@NUM: 73(2)Accountancy(1)CUET Accountancy(1)Quantitative Aptitude@NUM: 57(1)Quantitative Aptitude@NUM: 64(1)

About Profit and Loss — practice questions, PYQs & concepts

Profit and Loss is a frequently-tested topic on Quantitative Aptitude, Mathematics, Numerical Ability. ExamTest.live currently lists 206 Profit and Loss questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year — every answer key is free, no sign-up required.

Profit and Loss weight in competitive exams

Across our Profit and Loss question bank, the largest sources are Quantitative Aptitude (189), Mathematics (5), Numerical Ability (2), Quantitative Aptitude@NUM: 73 (2) and Accountancy (1). Click any exam chip above to drill down to that exam-specific question set.

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All Profit And Loss Questions(1–100 of 206)

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Q1easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
0% accuracy
By reducing the selling price of an article by ₹, a profit of turns into a loss of . The original selling price of the article (in ₹) is:
Q2easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
0% accuracy
When an article is sold for ₹, there is a loss of . The cost price of the article (in ₹) is:
Q3easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
21% accuracy
A text book is marked at ₹ and is sold for ₹. What is the percentage of discount?
Q4mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
A dealer sells an article at ₹850 after offering a cash discount of 15% on its marked price. Without discount, he would have earned a profit of 25%. What is the cost price of the article (in ₹)?
Q5mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
A shopkeeper purchased groundnuts at ₹64/kg and sells at ₹80/kg. While selling, he uses faulty weights and gives 800 gm instead of 1 kg. Find his actual profit percentage.
Q6mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
By selling a hair oil product for ₹336, the gain is 12%. If the gain is reduced to 9%, find the resultant selling price (in ₹).
Q7mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
To gain after allowing a discount of , by what percent must the marked price be hiked from the cost price?
Q8mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
The printed price of an article is higher than its cost price. Then, what is the rate of discount so that the gain is profit?
Q9mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
On selling an article for , a shopkeeper loses . To gain , at what price must he sell that article?
Q10mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
A book vendor sold a book at a loss of . Had he sold it for more, he would have earned a profit of . Find out the cost of the book.
Q11mediummcqQuantitative AptitudeCompetitive Exam 20262026
0% accuracy
A dishonest dealer professes to sell grains at cost price, but he uses a weight of 925g for 1kg weight. Find his gain percentage. (Approximate to two decimals.)
Q12mediummcqQuantitative AptitudeCompetitive Exam 20262026
0% accuracy
On an item there is 8% discount on the marked price of ₹32,000. After giving an additional season's discount, the item is sold for ₹25,000. How much is the season's discount (in %)? (Correct to two places of decimal)
Q13mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
A discount of 20% in the price of rice enables X to buy 5kg more rice for ₹ 100. What is the reduced price of rice per kg?
Q14mediummcqQuantitative AptitudeCompetitive Exam 20262026
0% accuracy
On two items of equal prices, T gets 12% profit on one item and incurs 8% loss on other. What is his overall profit or loss percentage?
Q15mediummcqQuantitative AptitudeCompetitive Exam2026
50% accuracy
A fruit seller buys some oranges at the rate of for and an equal number more at for . Then he sells the whole lot at the rate of for . What is his loss or gain percentage?
Q16mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
An article was sold for ₹ 4,000. Had a discount of 10% was being offered, the profit would have been 20%. The cost price of the article was:
Q17mediummcqQuantitative AptitudeCompetitive Exam Practice Paper2026
0% accuracy
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?
Q18mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
The cost price of 27 articles is same as the selling price of 18 articles. What is the profit percent?
Q19mediummcqQuantitative AptitudeCompetitive Exam Practice Paper2026
0% accuracy
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?
Q20mediummcqQuantitative AptitudeCompetitive Exam2026
50% accuracy
If the cost price of tables is equal to the selling price of tables, then what is the loss percentage?
Q21hardmcqQuantitative AptitudeSSC CGL2026
0% accuracy
A vendor buys 20 laptop bags for ₹13,000 and sells them at 15 for ₹10,125. How many laptop bags should be bought and sold to earn a profit of ₹3,225?
Q22mediummcqQuantitative AptitudeSSC CGL2026
0% accuracy
A tractor manufacturing company sells each tractor for ₹5,00,000. Assuming that KISAN firm buys 50 tractors from them as a part of an annual contract, the company offers a trade discount of 10% to KISAN and an additional 2% discount if the payment is made within 30 days. What will be the amount payable by KISAN within 30 days for the consignment?
Q23mediummcqQuantitative AptitudeCompetitive Exam Practice Paper2026
0% accuracy
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 :
Q24easymcqQuantitative AptitudeSSC CGL2026
0% accuracy
An old HP Deskjet printer was bought for ₹4,800 and ₹500 was spent on its repair. If it was sold for ₹6,360, then its profit percentage is:
Q25easymcqQuantitative AptitudeCompetitive Exam Practice Paper2026
0% accuracy
What is the discount on a pair of shoes marked at and discounted at ?
Q26mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
Successive discounts of and equal a single discount of:
Q27easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
0% accuracy
The cost price of a shirt is ₹450. A shopkeeper marks its price in such a way that he earns a profit of 24% after giving 25% discount on its marked price. The marked price (in ₹) of the shirt is:
Q28mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
S.P. of articles is equal to C.P. of articles. Find the loss or profit percentage.
Q29easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
0% accuracy
A shopkeeper allows a series of discounts of 20%, 10% and 15%. How much will a customer have to pay for the item marked at ₹1,000?
Q30mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
A man bought a horse and a carriage for Rs. . He sold the horse at a gain of and the carriage at a loss of . He gained on his whole transaction. What is the cost price of the horse?
Q31mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
An article is marked above the cost price. If a discount of is given on the marked price of the article, then a final profit of is obtained. Now if C.P. of a new article is and profit is desired then what should be the selling price of that new article?
Q32mediummcqQuantitative AptitudeSSC Selection Post 2018 Higher Secondary Level2026
0% accuracy
एक वस्तु का क्रय मूल्य 150 रुपये था , और इसे 30% के ला भ में बेचा गया । वस्तु का वि क्रय मूल्य क्या था ?
Q33mediummcqQuantitative AptitudeSSC Selection Post 2018 Higher Secondary Level2026
0% accuracy
एक व्यक्ति एक वस्तु को प्रा रंभिरं भिक मूल्य पर 20% ला भ के सा थ 360 रुपये में बेचता है। वस्तु का क्रय मूल्य क्या था ?
Q34mediummcqQuantitative AptitudeSSC Selection Post 2018 Higher Secondary Level2026
0% accuracy
एक व्यक्ति ने प्रा रंभिरं भिक मूल्य पर 20% की हा नि पर 200 रुपये में एक बैग बेचा । बैग का क्रय मूल्य क्या था ?
Q35mediummcqQuantitative AptitudeSSC Selection Post 20212026
0% accuracy
A man sold an article for ₹9,700 and earned a profit of 25%. What would have been his profit or loss per cent (to the nearest integer), had he sold it for ₹8,400?
Q36mediummcqQuantitative AptitudeSSC Selection Post 20212026
0% accuracy
A shopkeeper sells an item for ₹462 after offering a discount of 25% on its list price. Had he not offered any discount he would have earned a profit of 10%. What is the cost price (in ₹) of the article?
Q37mediummcqQuantitative AptitudeSSC Selection Post 20212026
0% accuracy
A shopkeeper offers successive discounts of 18% and 15% and sells the item for ₹34,850. What is its marked price (in ₹)?
Q38mediummcqQuantitative AptitudeSSC Selection Post 20212026
0% accuracy
If the selling price of 30 articles is equal to the cost price of 45 articles, the loss or gain per cent is:
Q39mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
The ratio of the cost price of an article to its selling price is 432:612. The profit percentage (rounded off to 2 decimal places) on it is:
Q40mediummcqQuantitative AptitudeSSC Selection Post 20212026
0% accuracy
A vendor sells a refrigerator for a sum of money which is
25
18
​
of its cost price. What is his loss or profit percentage?
Q41easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
0% accuracy
A vegetable dealer buys 50 carrots for ₹36, and sells 36 carrots for ₹50. His profit percentage (correct to one decimal place) is:
Q42mediummcqQuantitative AptitudeCompetitive Exam Practice2026
0% accuracy
A trader marks his goods at above the cost price and offers a discount of on the marked price. Find his profit percentage.
Q43mediummcqQuantitative AptitudeCompetitive Exam Practice2026
0% accuracy
A shopkeeper buys chocolates for ₹ . To gain a profit, how many chocolates should he sell for ₹ ?
Q44mediummcqQuantitative AptitudeSSC CPO 20242026
0% accuracy
Find the single equivalent discount percentage corresponding to three successive discounts of , , and .
Q45mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
A shopkeeper offers a cash discount of ₹275 first and then three successive discounts of 10%, 8% and 5% on the sale of a laptop. If the marked price of the laptop is ₹85,275, find its price for a customer.
Q46mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
A wristwatch is sold for ₹2,700 at a loss of 10%. What is the cost price of the wristwatch?
Q47easymcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
A shopkeeper charges his customer 23% more than the cost price. If a customer paid ₹30,135 for a dining table, then find its original price (in ₹).
Q48mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
Sachin purchases a watch from a dealer at some price and sells it at 20% profit. The next day he purchases the same watch and marks up the price by 75% and offers a discount of 30%. What is the change in the percentage in the profit that Sachin receives on day 2?
Q49mediummcqQuantitative AptitudeCompetitive Exam Practice2026
0% accuracy
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.
Q50mediummcqQuantitative AptitudeCompetitive Exam Practice2026
0% accuracy
By selling a table for ₹, a trader gains . Find the cost price of the table.
Q51mediummcqQuantitative 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?
Q52hardmcqQuantitative AptitudeSSC CGL2026
0% accuracy
A shopkeeper normally makes a profit of in a certain transaction; he weighed instead of due to an error in the weighing machine. If he charges less than what he normally charges, then what is his actual profit or loss percentage?
Q53mediummcqQuantitative 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.
Q54mediummcqQuantitative AptitudeSSC CGL2026
0% accuracy
A vendor buys pens for ₹ and sells them at for ₹. How many pens should be bought and sold to earn a profit of ₹?
Q55mediummcqQuantitative AptitudeSSC CGL2026
0% accuracy
A shopkeeper announced a rebate on the marked price of an article. If the selling price of the article is ₹, then the marked price (in ₹) of the article is:
Q56mediummcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
0% accuracy
A shopkeeper sold an item at 20% gain. Had he bought it ₹50 cheaper and sold it at the same price, he would have gained 25%. Find the cost price of the item (in ₹).
Q57mediummcqQuantitative 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 .
Q58mediummcqQuantitative AptitudeSSC CGL2026
0% accuracy
A person spends of his income. His income increased by and he increased his expenditure by . His percent savings will then be increased by:
Q59mediummcqQuantitative AptitudeCompetitive Exam2026
0% accuracy
If of S.P. is equal to of C.P. and if of S.P. is Rs. 2 more than of C.P., then find C.P. and S.P.:
Q60easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
0% accuracy
By selling a wall clock for ₹3,034, a shopkeeper loses 18%. If he wishes to make a profit of 18%, what should be the selling price (in ₹) of the clock?
Q61easymcqQuantitative AptitudeAdda2472026
The ratio of cost price and selling price is , then the loss percent is:
Q62mediummcqQuantitative AptitudeCompetitive Exam2026
A shopkeeper offers the following three schemes:
I. Buy 9 get 1 free
II. Buy 7 get 8
III. Two successive discounts of 20% and 15%

Which scheme has the lowest discount percentage (all articles have the same marked price)?
Q63mediummcqQuantitative AptitudeCompetitive Exam2026
The annual profit percentage earned by a telephone company during the period 2015-2020 is given in the following table. The profit percentage is calculated by the difference between income and expenditure over expenditure. Study the table and answer the question that follows.
Q64mediummcqMathematicsCompetitive Exam2026
After selling books for , a shopkeeper says that he incurs a loss equal to the C.P. of books. Find the C.P. of a book.
Q65mediummcqQuantitative AptitudeCompetitive Exam2026
In what ratio must the two types of tea at and respectively be mixed so that the obtained mixture sold at earns a profit of ?
Q66mediummcqQuantitative AptitudeCompetitive Exam2026
P sells a Laptop to Q at a loss of 25% and Q sells the laptop to R at a profit of 20%. If R purchased the laptop for ₹22,500, then what was the cost (in ₹) of the laptop for P?
Q67mediummcqQuantitative AptitudeCompetitive Exam2026
The selling price of y items is equal to the cost price of 540 items. If the profit made is 44%, then find the value of y.
Q68mediummcqAccountancyCUET Accountancy 2023 11 June Shift 32026
Arrange the following items of statement of profit and Loss in a sequence.(A) Total Revenue(B) Revenue from Operations(C) Other Income(D) Expenses(E) Profit Before TaxChoose the correct answer from the options given below:
Q69mediummcqQuantitative AptitudeCompetitive Exam2026
A shopkeeper bought a sofa-set, a centre table and a dining table for ₹15,000, ₹3,000 and ₹7,000, respectively. He sold the sofa-set at 20% profit and the centre table at 15% profit. At what profit percentage should he sell the dining table to earn 18% on the whole transaction?
Q70mediummcqQuantitative AptitudeCompetitive Exam2026
A used two-wheeler-dealer sells a scooter for and makes some loss. If he had sold it for , his profit would have been double of his loss. What was the cost price of the scooter?
Q71mediummcqQuantitative AptitudeCompetitive Exam2026
A shopkeeper sold sarees at ₹529 each after giving an 8% discount on their marked price. Had he not given the discount, he would have earned a profit of 15% on their cost. What was the cost price (in ₹) of each saree?
Q72mediummcqQuantitative AptitudeCompetitive Exam2026
Suraj bought 90 articles at ₹12.50 per article. He sold 60% of them at ₹15 per article and 50% of the remaining at ₹10.50 per article. At what price (in ₹) per article should he sell the remaining articles to get 20% profit in the entire transaction?
Q73mediummcqQuantitative AptitudeCompetitive Exam2026
A shopkeeper sold 6 shirts of company A for ₹4,290 at 10% profit and 8 shirts of company B for ₹6,156 at 14% profit. What was his profit percentage (correct to 2 decimal places)?
Q74easymcqCUET AccountancyCUET Accountancy 2025 2 June Shift 22026
Rent payable to a partner is a/an:
Q75mediummcqQuantitative AptitudeCompetitive Exam2026
A trader marked the price of a commodity to include a profit of but allowed a discount of on the marked price. What will be his actual profit?
Q76mediummcqMathematicsCompetitive Exam2026
By selling a tape-recorder for , I lost . What percent shall I gain by selling it for ?
Q77easymcqQuantitative AptitudeCompetitive Exam2026
By selling a car for , Mr. Rao lost . Then the cost price of the car is:
Q78mediummcqQuantitative AptitudeCompetitive Exam2026
A bought an item for ₹1,100 and sold it to B at a loss of 5%. B sold the item to C at a profit of k% for ₹1,254. Find the value of k.
Q79mediummcqQuantitative AptitudeCompetitive Exam2026
Anju sold an article to her friend Rakesh at 14% loss. If Rakesh sold it for ₹2,537 and made a profit of 18%, then the original cost price (in ₹) of the article for Anju was:
Q80mediummcqQuantitative AptitudeCompetitive Exam2026
The list price of an article was ₹735. Ravi sold it after giving a 20% discount on its list price and still made a profit of 47%. What was the cost price (in ₹) of the article?
Q81mediummcqQuantitative AptitudeCompetitive Exam2026
By selling 80 notebooks, Amrita loses an amount equal to the selling price of 10 notebooks. What is her loss per cent (to the nearest integer)?
Q82hardmcqQuantitative AptitudeCompetitive Exam2026
A manufacturer undertakes to supply pieces of a particular component at per piece. According to his estimates, even if components fail to pass the quality test, then he will make a profit of . However, as it turned out, of the components were rejected. Then what is the loss to the manufacturer?
Q83mediummcqQuantitative AptitudeCompetitive Exam2026
If a shopkeeper gives two successive discounts of 50% and 20% on a mattress, whose marked price is ₹72,580, what would be its selling price (in ₹) and the discount (in ₹), respectively?
Q84mediummcqQuantitative Aptitude@NUM: 57Competitive Exam2026
A shopkeeper bought dozen eggs at ₹ per egg. eggs broke in transportation. He sold the remaining eggs at ₹ each. What is his profit or loss per cent?
Q85mediummcqQuantitative Aptitude@NUM: 64Competitive Exam2026
A man buys oranges at for ₹ and sells them at for ₹. How many oranges must he sell to gain ₹?
Q86mediummcqQuantitative Aptitude@NUM: 67Competitive Exam2026
A store announces a discount of and then allows another discount of . What is the final sale price (in ₹, to the nearest integer) of a bed whose marked price is ₹?
Q87mediummcqMathematicsCompetitive Exam2026
A shopkeeper allows a rebate of on the marked price of an article such that the selling price is . Then the marked price of the article is:
Q88mediummcqQuantitative Aptitude@NUM: 71Competitive Exam2026
A second-hand car was sold at a profit of . Had it been sold for ₹ less, the profit would have been . What is the cost price (in ₹, to the nearest integer) of the car?
Q89mediummcqQuantitative Aptitude@NUM: 73Competitive Exam2026
A toy is sold for ₹ after giving two successive discounts, each of . If the marked price of the article is ₹, then what is the value of ?
Q90mediummcqQuantitative 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?
Q91mediummcqQuantitative 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 .
Q92mediummcqQuantitative AptitudePrepp2026
Find a single discount rate percentage equivalent to the successive discounts of , , and .
Q93mediummcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
What is the single discount equivalent to the three successive discounts of 10%, 40% and 25%?
Q94easymcqQuantitative AptitudeSSC CGL2026
Sukrit purchased an item for ₹650 and sold it at a profit of 26%. At what price (in ₹) did Sukrit sell the item?
Q95hardmcqQuantitative AptitudeSSC CGL2026
A dealer buys an article listed at ₹250 and gets successive discounts of 12% and 16%. He spends 10% of the cost price on transportation. At what price should he sell the article to earn a profit of 25%? (Correct to two places of decimal)
Q96mediummcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
Sujatha purchased two articles for a total of ₹1,080. By selling one at a profit of 25% and the other at a loss of 20%, she neither gains nor incurs a loss. What is the difference (in ₹) between the cost price of the two articles?
Q97hardmcqQuantitative AptitudeSSC CGL2026
During the lockdown, a state government gives 4.5 kg of rice to each person of a family at a cost price of ₹40 per kg. But the distributor uses a false weight of 3.75 kg instead of 4.5 kg and distributes the rice. The accumulated rice was sold in the black market at double the price. He showed the government that he distributed 2700 kg of rice. When caught, he was made to pay a fine of 125% of what he earned in the black market. What was his fine amount?
Q98mediummcqQuantitative AptitudeCompetitive Exam2026
The increase in the price of a certain item was . Then the price was decreased by and then again increased by . What is the resultant increase in the price?
Q99mediummcqQuantitative AptitudeD.ZU-242026
The following pie-chart shows the percentage distribution of the expenditure incurred in publishing a book. Study the pie-chart and answer the question based on it.

image

If the marked price of a book is set at above the cost price, and the marked price is , what is the cost of the paper used in one copy of the book?
Q100mediummcqMathematicsCompetitive Exam2026
With a discount on the cost of sugar, a buyer could purchase more sugar for . What is the original selling price of sugar?
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