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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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Q101mediummcqMathematicsCompetitive 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:
Q102mediummcqQuantitative AptitudeCompetitive Exams2026
A salesman purchases goods at ₹1,250 and is forced to sell it at ₹1,000. Find his loss percentage.
Q103mediummcqQuantitative 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 ?
Q104mediummcqQuantitative AptitudeCompetitive Exam2026
To clear a stock of items, a seller gives an 8% discount on the marked price. He spends ₹x on the promotion of the discount offer. His total cost of the items is ₹2,50,000 and the marked price is 10% more than the cost price. Finally, he earns no profit or no loss. What is the value of x?
Q105mediummcqQuantitative AptitudeCompetitive Exam2026
A dealer sells an article at a discount of 5% on the marked price. If the marked price is 20% above the cost price and the article was sold for ₹2,280, then the cost price would be:
Q106mediummcqQuantitative 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 .
Q107mediummcqQuantitative AptitudeCompetitive Exam2026
By selling a mobile phone for ₹23,856, Ramesh gains 20%. If he sells it for ₹20,580, find his gain or loss percentage (correct to two places of decimals).
Q108mediummcqQuantitative 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?
Q109mediummcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
What is the single discount equivalent to the three successive discounts of 10%, 40% and 25%?
Q110easymcqQuantitative 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?
Q111mediummcqQuantitative AptitudeCompetitive Exam Practice2026
Which of the following schemes will yield maximum discount on purchase of ₹x?
2 successive discounts of 25% and 15%

Single discount of 20%

2 free on purchase of 3 items

3 free on purchase of 7 items
Q112mediummcqQuantitative AptitudeCompetitive Exam2026
Yashwant buys candies at 15 for Rs. 40 and sells them at 30 for Rs. 50. What is his gain or loss percent?
Q113hardmcqQuantitative 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?
Q114mediummcqQuantitative AptitudeCompetitive Exam2026
A dealer allows his customers a discount of 25% and still gains 25%. If an article costs Rs. 1600 to the dealer, then its marked price (nearest to one rupee) is:
Q115mediummcqQuantitative AptitudeCompetitive Exam2026
A discount of 30% on the marked price of a shirt enables a man to purchase a tie also, which costs him ₹ 210. How much did the man pay for the shirt?
Q116mediummcqQuantitative 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?
Q117mediummcqMathematicsCompetitive Exam2026
With a discount on the cost of sugar, a buyer could purchase more sugar for . What is the original selling price of sugar?
Q118mediummcqQuantitative AptitudeCompetitive Exam2026
The cost price of 120 bags is ₹ 15 each. 40 of them were sold for ₹ 18 each. At what price should the remaining be sold in order to get an overall profit of ₹ 4 per bag?
Q119mediummcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
An item marked at ₹3,550 is offered at k% discount for ₹3,124. If the discount offered is reduced to (k−4)%, then at what price will the item be available to customers?
Q120mediummcqQuantitative AptitudeCompetitive Exam2026
A shopkeeper allows a discount of on an item. How much per cent above the cost price should he mark his goods to make a profit of ?
Q121mediummcqQuantitative AptitudeCompetitive Exam2026
Suresh sells a pen at ₹ 120 for
3
100

% profit. At what price should he sell it to gain 40%?
Q122mediummcqQuantitative 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?
Q123mediummcqQuantitative AptitudeSSC CGL2026
At what percentage above the cost price must an article be marked so as to gain after allowing a customer a discount of on the marked price?
Q124mediummcqQuantitative AptitudeCompetitive Exam2026
A sells a washing machine to B at a loss. B sells it for ₹6,120 and gains . What is the cost price (in ₹) of the washing machine for A?
Q125mediummcqQuantitative Aptitude@NUM: 51SSC CGL2026
A shopkeeper marks the price of an article above its cost price. After allowing a discount on the marked price, the article is sold for . What is the difference (in ) between the cost price and marked price of the article?
Q126mediummcqQuantitative AptitudeSSC GD Constable2026
If on a marked price, the difference of selling prices with a discount of 42% and two successive discounts of 15% and 10% is Rs. 185, then the marked price is:
Q127mediummcqQuantitative 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)?
Q128easymcqQuantitative AptitudeAdda2472026
The ratio of cost price and selling price is , then the loss percent is:
Q129mediummcqQuantitative AptitudeSSC GD Constable2026
A person sold an item for Rs. 4,608 and earned a profit of 28%. What is the cost price of the item?
Q130mediummcqQuantitative 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?
Q131mediummcqQuantitative AptitudePractice Mock2026
If the market price of a bedsheet is 24% above the cost price and a discount of 15% is declared on it, then find the gain percentage.
Q132mediummcqQuantitative Aptitude@NUM: 73SSC CGL2026
A person bought cloth at per and sold of it at a gain of . At what gain percent did he sell the remaining cloth, if he gained on his total outlay?
Q133mediummcqQuantitative AptitudePractice Mock2026
If the selling price of 10 chairs is the same as the cost price of 8 chairs, find the loss percentage.
Q134easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
The cost price of an article is less than its selling price. What is the profit or loss percentage (to the nearest integer)?
Q135mediummcqQuantitative AptitudeCompetitive Exam2026
A bought oranges at 20 for ₹50 and sold at 10 for ₹30. What is his profit percentage?
Q136mediummcqQuantitative AptitudeCompetitive Exam2026
An iron costing ₹758 was sold by Ramesh at a gain of 15%, and it was again sold by Reena, who bought it from Ramesh, at a loss of 8%. Find the selling price of the iron for Reena (correct to two places of decimals).
Q137mediummcqQuantitative AptitudeSSC Competitive Exams2026
The marked price of a commodity was given as ₹425 per kg. After two successive discounts of 5% and y%, respectively, the retailer purchased it for ₹323 per kg. What was the value of y?
Q138mediummcqQuantitative AptitudeCompetitive Exam2026
Rameshwar sold a bike at a loss of 15%. If the selling price had been increased by ₹3,375, there would have been a gain of 12%. Find the cost price of the bike.
Q139mediummcqAccountancyCUET 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:
Q140easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
A wholesaler bought an item from a manufacturer for ₹ and sold it to a retailer at profit. The retailer sold it to a customer at profit. If the customer buys the item from the manufacturer itself, how much money (in ₹) will he save?
Q141mediummcqQuantitative AptitudeCompetitive Exam2026
A shopkeeper offers 25% discount on all the toys. He offers a further discount of 5% on the reduced price to those customers who pay in cash. How much does a customer have to pay (in ₹) in cash for a toy of ₹510? (Correct to two decimal places)
Q142mediummcqMathematicsCompetitive Exam2026
The price of petrol rises from Rs. 80 to Rs. 100. What is the percentage increase in price?
Q143mediummcqQuantitative AptitudeCompetitive Exam2026
Reena makes a profit of 20% by selling pens at a certain price. If she charges ₹5 more on each pen, she will gain 40%. The initial selling price of one pen was:
Q144easymcqQuantitative AptitudeCompetitive Exam2026
Rama sold a car costing ₹4,00,000 to Sansar at a loss of 20%. What is the selling price (in ₹)?
Q145mediummcqQuantitative 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?
Q146mediummcqQuantitative AptitudeCompetitive Exam2026
The percentage profit earned by selling an article for ₹1,910 is equal to the percentage loss incurred by selling the same article for ₹1,690. At what price (in ₹) should the article be sold to make a 12% profit?
Q147mediummcqQuantitative AptitudeCompetitive Exam2026
A store is running a scheme for offering a discount of 12% if the customer pays instantly, and a discount of 6% if purchased through credit card. The benefit of the scheme may be split on the amount of payment, however only one discount shall be given on one item. There is no discount on any other type of transaction. Ankur purchased a shirt from the store, whose marked price was ₹2,200, through credit card and paid instantly for the purchase of a coat marked at ₹7,500. What was the total amount (in ₹) billed?
Q148mediummcqQuantitative AptitudeCompetitive Exam2026
A person bought bananas at 6 for ₹12 and sold them at 8for₹10. Find his gain or loss percentage?
Q149mediummcqQuantitative AptitudeCompetitive Exam2026
A tradesman marked his goods at 26% above its cost price and then allowed a discount of 13%. His gain (in %) is:
Q150mediummcqQuantitative 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.
Q151mediummcqQuantitative 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?
Q152mediummcqQuantitative AptitudeCompetitive Exam2026
An item costs Rs. 15,000. A customer can choose either 30% discount or the "buy two get one free" offer. Jeevan chose the first offer and Rakshit chose the second offer. Find the difference in their payment for a single item.
Q153easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
A retailer gives 36% discount to his customer on the marked price of an article. In this transaction he earns a profit of 36% on the article. If the article costs ₹4,200 to the retailer, what is its marked price (in ₹)?
Q154mediummcqQuantitative AptitudeCompetitive Exam2026
The cost price of 10 apples is equal to the selling price of 20 apples. Find the loss or gain percentage.
Q155mediummcqQuantitative AptitudeUP Police Constable Re-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 ?
Q156mediummcqQuantitative AptitudeAUT-242026
The given bar graph shows the marked price of five different products in a showroom:
image

If the marked price of the laptop is more than its cost price and the shopkeeper offers a discount of on the marked price of the laptop, then find the profit of the laptop.
Q157mediummcqQuantitative AptitudeCompetitive Exam2026
A shopkeeper sells goods at 82% loss on cost price but uses 28% less weight. What is his percentage profit or loss?
Q158hardmcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
A man sells two laptops for ₹ each: gaining on one and losing on the other. What is his gain/loss percentage overall (correct to two decimal places)?
Q159mediummcqQuantitative AptitudeCompetitive Exam2026
A man sells a cow for Rs. 22,000 and gains 10%. At what price should he sell the same cow, in order to gain 14%?
Q160mediummcqQuantitative 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?
Q161hardmcqQuantitative 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?
Q162mediummcqQuantitative AptitudeCompetitive Exam2026
An article marked for ₹30,000 is available through two discount schemes. Under scheme 1, successive discounts of 25%, 16% and 15% are offered. Under scheme 2, successive discounts of 20%, 15% and 16% are offered. Find the difference between the selling price under the two schemes.
Q163mediummcqQuantitative Aptitude@NUM: 64Competitive Exam2026
A man buys oranges at for ₹ and sells them at for ₹. How many oranges must he sell to gain ₹?
Q164mediummcqQuantitative AptitudeCompetitive Exam2026
Sarika bought three shirts for her husband and paid Rs. 4,200 for all the three pieces. The shopkeeper gave her a discount of 20% on the total amount. What would be the marked price of one shirt?
Q165mediummcqQuantitative AptitudeCompetitive Exams2026
If the cost price of a table is ₹400 and the selling price is ₹600, then find the profit percentage.
Q166mediummcqQuantitative 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?
Q167mediummcqQuantitative AptitudeStaff Selection Commission2026
A person, while trading the shares of a particular company, observes that its price has gone down by 10% from the previous day. In anticipation of increment on the next day, he holds it for the next day. But the share price further falls down by another 8% of the previous day. Then he sells his shares and gets ₹12,420. How much could he have saved had he sold it the previous day?
Q168easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
By selling an article for ₹, a trader gains . If he sells it for ₹, then his loss/gain per cent is:
Q169easymcqQuantitative AptitudeStaff Selection Commission2026
The selling price of 84 items is equal to the cost price of 105 items. What is the percentage of profit gained in the transaction?
Q170mediummcqQuantitative AptitudeCompetitive Exam2026
A shopkeeper marks the price of his goods at 20% higher than the cost price and allows a discount of 10%. What is his profit percentage?
Q171mediummcqQuantitative 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?
Q172mediummcqQuantitative AptitudeCompetitive Exam2026
The percentage profit earned by selling an article for Rs. 2,100 is equal to the percentage loss incurred by selling the same article for Rs. 1,460. At what price should the article be sold to make 20% profit?
Q173mediummcqQuantitative AptitudePractice Test2026
An article was bought for and sold at a loss of . What is the selling price?
Q174mediummcqQuantitative AptitudePrepp2026
Find a single discount rate percentage equivalent to the successive discounts of , , and .
Q175mediummcqQuantitative AptitudeCompetitive Exam Practice2026
Reyan purchased a laptop for ₹56,000 and a scanner-cum-printer for ₹22,000. He sold the laptop for a 20% profit and the scanner-cum-printer for a 15% profit. What is his overall profit percentage?
Q176mediummcqQuantitative AptitudeStaff Selection Commission2026
Two articles were sold for Rs.3,000 each, with no loss and profit in the entire transaction. If one was sold at a profit of 25%, then the loss incurred on the second article is:
Q177easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
A shopkeeper marks his goods at such a price that even after giving a discount of , he gains . If the marked price of an article is ₹, what is its cost price (in ₹)?
Q178mediummcqQuantitative AptitudeStaff Selection Commission2026
On a machine there is 12% trade discount on the marked price of ₹2,56,000, but the machine is sold for ₹2,05,000 after giving an additional cash discount. How much is this cash discount (in %)? (Rounded to the nearest whole number)
Q179easymcqQuantitative AptitudeCompetitive Exam Practice2026
A wrist watch was purchased for ₹3,000 and sold for ₹3,500. Find the profit percentage.
Q180hardmcqQuantitative 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)
Q181mediummcqQuantitative AptitudeCompetitive Exam2026
Oranges are purchased at the rate of 7 oranges for Rs. 3. At what price one hundred oranges should be sold so that the profit is 33%?
Q182mediummcqQuantitative 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?
Q183mediummcqQuantitative AptitudeCompetitive Exam2026
A pen drive was sold at a price after giving two successive discounts of 30% and 20%. If the selling price of the item was ₹ 560, then what was the marked price of the pen drive?
Q184mediummcqQuantitative 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?
Q185hardmcqQuantitative AptitudeAdda2472026
A tradesman gives a discount on the marked price and gives an article free for buying every articles and thus gains . Find out by what percentage the marked price is above the cost price.
Q186easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
By selling an article for ₹, a man loses . If he sells it for ₹, then his loss/gain per cent is:
Q187mediummcqNumerical AbilityUP Police Constable2026
The difference between a gain of 15% and a loss of 9% is ₹ 768. What is the cost price of the item under consideration here?
Q188mediummcqQuantitative AptitudeSSC CGL2026
A shopkeeper made a profit of on his goods. If the price at which he buys decreases by while he reduces his selling price by , what is now his percentage of profit? (correct to one decimal place)
Q189mediummcqQuantitative AptitudeCompetitive Exam2026
The selling price of a chair is times its cost price. What is the gain percentage in the transaction?
Q190easymcqQuantitative AptitudeSSC CGL2026
If more would be gained by selling an article for ₹ than selling it for ₹ , then the cost price of the article is:
Q191easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
A shopkeeper sold an item for ₹495 with 10% profit. In order to earn 16% profit, by how much (in ₹) should he increase the selling price?
Q192mediummcqQuantitative Aptitude@NUM: 55SSC CGL2026
Note-books are bought at for and sold at for . How many notebooks should be sold to gain ?
Q193mediummcqQuantitative AptitudeCompetitive Exam2026
The cost price of an article is ₹120. A dealer marks it above its cost price. If he sells it after giving a discount on its marked price, then his profit per cent is?
Q194mediummcqQuantitative AptitudeCompetitive Exam2026
Rashid sells a book at a gain of 20%. If he had sold it at ₹34.51 more, he would have gained 37%. The cost price (in ₹) of the book is:
Q195mediummcqQuantitative AptitudeCompetitive Exam2026
A shopkeeper gives a discount of 15% on the marked price of an article. If the selling price is ₹8,500, then the discount on it will be ________
Q196mediummcqQuantitative AptitudeUP Police Constable Re-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?
Q197mediummcqQuantitative AptitudeUP Police Constable Re-Exam2026
A manufacturer undertakes to supply 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?
Q198mediummcqQuantitative AptitudeUP Police Constable Re-Exam2026
By selling a car for , Mr. Rao lost . Then the cost price of the car is:
Q199mediummcqQuantitative AptitudeCompetitive Exam Paper2026
A reduction of in the price of rice enables a customer to purchase more for . What is the original price of rice per kg?
Q200mediummcqNumerical AbilityUP Police Constable2026
The marked price of a toy was ₹ 1800. Two successive discounts of 20% and 15% were offered on it during a sale. What was the selling price of the toy?

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