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Profit And Loss Questions

Practice 469 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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Q201mediummcqQuantitative 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?
Q202mediummcqQuantitative 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?
Q203mediummcqQuantitative 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 .
Q204mediummcqQuantitative 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).
Q205mediummcqQuantitative 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?
Q206mediummcqQuantitative AptitudePrepp2026
Find a single discount rate percentage equivalent to the successive discounts of , , and .
Q207mediummcqQuantitative 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:
Q208mediummcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
What is the single discount equivalent to the three successive discounts of 10%, 40% and 25%?
Q209mediummcqQuantitative AptitudePractice Test2026
An article was bought for and sold at a loss of . What is the selling price?
Q210mediummcqQuantitative 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?
Q211mediummcqQuantitative 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?
Q212easymcqQuantitative AptitudeCompetitive Exam Practice2026
A wrist watch was purchased for ₹3,000 and sold for ₹3,500. Find the profit percentage.
Q213easymcqQuantitative 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?
Q214mediummcqQuantitative 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
Q215mediummcqQuantitative 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?
Q216mediummcqQuantitative 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%?
Q217mediummcqQuantitative 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:
Q218mediummcqQuantitative AptitudeUP Police Constable Re-Exam2026
By selling a car for , Mr. Rao lost . Then the cost price of the car is:
Q219mediummcqMathematicsCompetitive Exam2026
By selling a tape-recorder for , I lost . What percent shall I gain by selling it for ?
Q220mediummcqQuantitative AptitudeCompetitive Exam2026
Suresh sells a pen at ₹ 120 for
3
100

% profit. At what price should he sell it to gain 40%?
Q221mediummcqQuantitative 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?
Q222mediummcqQuantitative 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 ?
Q223mediummcqQuantitative 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?
Q224mediummcqQuantitative 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?
Q225mediummcqQuantitative AptitudeCompetitive Exam2026
The selling price of a chair is times its cost price. What is the gain percentage in the transaction?
Q226mediummcqQuantitative 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?
Q227easymcqQuantitative AptitudeSSC CGL2026
If more would be gained by selling an article for ₹ than selling it for ₹ , then the cost price of the article is:
Q228mediummcqQuantitative 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?
Q229mediummcqQuantitative 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?
Q230mediummcqQuantitative 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?
Q231mediummcqQuantitative 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)
Q232mediummcqQuantitative 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?
Q233mediummcqQuantitative 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?
Q234mediummcqQuantitative 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?
Q235easymcqQuantitative 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?
Q236mediummcqQuantitative AptitudeCompetitive Exam2026
A bought oranges at 20 for ₹50 and sold at 10 for ₹30. What is his profit percentage?
Q237mediummcqQuantitative Aptitude@NUM: 55SSC CGL2026
Note-books are bought at for and sold at for . How many notebooks should be sold to gain ?
Q238mediummcqQuantitative 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.
Q239mediummcqQuantitative 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:
Q240mediummcqQuantitative 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:
Q241mediummcqQuantitative 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).
Q242easymcqQuantitative 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)?
Q243mediummcqQuantitative 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?
Q244mediummcqQuantitative AptitudeCompetitive Exam2026
The marked price of a fancy toy is ₹30,000. It is to be sold allowing two successive discounts of 20% and 24%, respectively. On cash payment, an additional 10% discount on the net price is also given. The selling price (in ₹) of the toy is:
Q245mediummcqQuantitative AptitudeCompetitive Exam2026
A man sold 30 articles for Rs. 100 and gained 20%. The number of articles he bought for Rs. 100 was:
Q246mediummcqQuantitative 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 ________
Q247mediummcqQuantitative AptitudeCompetitive Exam2026
After getting two successive discounts, Seema got a shirt at Rs. 153, for which the marked price was Rs. 200. If the second discount was 15%, the first discount was:
Q248mediummcqMathematicsCompetitive Exam2026
The price of petrol rises from Rs. 80 to Rs. 100. What is the percentage increase in price?
Q249mediummcqQuantitative AptitudeCompetitive Exam2026
An article was sold for Rs. 1,215 after giving a discount of 19%. If a discount of 17.5% is given, then for how much (in Rs.) should the article be sold?
Q250mediummcqQuantitative 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)
Q251mediummcqQuantitative AptitudeCompetitive Exam2026
Jagat Singh sold an article for Rs. 6,000 and incurred a loss. Had he sold it for Rs. 7,400, his profit would have been
3
2

of the amount of loss that he incurred. At what price should he sell it to gain 25% profit?
Q252mediummcqQuantitative AptitudeSSC CGL2026
The percentage distribution of the expenditure incurred in publishing a book is as follows:Printing Cost = Paper Cost = Royalty = Binding = Promotion Cost = Transportation Cost = If copies are published and the printing cost for them amounts to , then what should be the selling price of a book such that the publisher can earn a profit of ?

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Q253mediummcqQuantitative 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?
Q254mediummcqQuantitative AptitudeUP Police Constable2026
A shopkeeper marks the price of a book above its cost price. If he gives a discount of on the marked price, then find his profit .
Q255mediummcqQuantitative AptitudeCompetitive Exam2026
On selling an article for Rs. 984, Arun loses 18%. In order to gain 15%, he must sell it for:
Q256mediummcqQuantitative 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?
Q257mediummcqQuantitative AptitudeSSC GD Constable2026
Krishna bought a computer and paid 25% less than its original price. He sold it at 48% profit on the price he had paid. Find the percentage of profit earned by Krishna on the original price.
Q258mediummcqQuantitative 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.
Q259mediummcqQuantitative 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)?
Q260mediummcqMathematicsUPTET 2021 Memory Based Paper 12026
Find the profit if you buy bananas at the rate of Rs. 10 dozen and sell them at the rate of 10 bananas at Rs. 12?
Q261mediummcqQuantitative AptitudeSSC GD Constable2026
The marked price of a T-shirt is ₹1,000. A shopkeeper offers 15% discount on the T-shirt and then again offers 20% discount on the new price. How much would the customer have to pay finally?
Q262hardmcqQuantitative 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.
Q263easymcqQuantitative AptitudeCompetitive Exam2026
Rama sold a car costing ₹4,00,000 to Sansar at a loss of 20%. What is the selling price (in ₹)?
Q264mediummcqQuantitative AptitudeCompetitive Exam2026
A shopkeeper marks his goods 40% above their cost price. He sells 60% of the goods at the marked price and the remaining at 65% discount on the marked price. His gain/loss in the whole transaction is:
Q265mediummcqQuantitative 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.
Q266mediummcqQuantitative 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.
Q267mediummcqMathematicsCompetitive Exam2026
With a discount on the cost of sugar, a buyer could purchase more sugar for . What is the original selling price of sugar?
Q268mediummcqQuantitative AptitudeCompetitive Exam2026
A dishonest shopkeeper professes to sell grains at cost price, but he uses a weight of 935g for 1kg weight. Find his gain percentage.
Q269mediummcqQuantitative AptitudePractice Mock2026
On selling 2800 school bags, Anita earns a profit equal to the sale price of 420 school bags. What is the gain percentage that Anita earned?
Note: round off to two decimal places
Q270mediummcqQuantitative AptitudeCompetitive Exam2026
If a shopkeeper sold one-third of his goods at a loss of 20%, then at what gain % should the remainder be sold to gain 25% on the whole transaction?
Q271mediummcqQuantitative 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?
Q272mediummcqQuantitative AptitudeCompetitive Exam2026
A table is bought for and sold for . Find the profit percentage.
Q273mediummcqQuantitative AptitudePractice Mock2026
If the MP is Rs. 650/− and discount is 10%, then the SP is ________
Q274mediummcqQuantitative AptitudeCompetitive Exam2026
Mukesh buys bananas for and sells bananas for . Find the percentage of his profit.
Q275mediummcqQuantitative AptitudeCompetitive Exam2026
A dealer allows his customers a discount of 20% and still gains 20%. If the cost price of an article is Rs. 960, what is its marked price (in Rs.)?
Q276mediummcqQuantitative 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?
Q277mediummcqQuantitative AptitudeCompetitive Exam2026
By selling an item for Rs. 3,750 a shopkeeper earned 25% profit. If the item had been sold for Rs. 300 more, then what would have been the profit percentage of the shopkeeper?
Q278mediummcqQuantitative AptitudeCompetitive Exam2026
A tradesman marks his goods at above the cost price and allows purchasers a discount of for cash. What profit percentage does he make?
Q279mediummcqQuantitative AptitudeSSC Competitive Exams2026
The marked price of an item was ₹12,500. Two successive discounts of 12% each was offered on its sale. What was the selling price (in ₹) of the item?
Q280mediummcqQuantitative AptitudeStaff Selection Commission2026
A machine was sold at ₹27,300 at a loss of 9%. Find the loss (in ₹).
Q281mediummcqQuantitative AptitudeSSC Competitive Exams2026
A chair is bought for ₹600 and sold for ₹750. Find the profit percentage.
Q282mediummcqQuantitative AptitudeCompetitive Exam2026
A shopkeeper earns a profit of 15% on selling a book at 15% discount on the printed price. The ratio of the cost price and the printed price of the book is:
Q283mediummcqQuantitative AptitudeCompetitive Exam2026
A shopkeeper bought an item for Rs. 4,500 and sold it at a loss of 5%. From this money, he bought another item and sold it at a profit of 10%. What is his overall profit?
Q284mediummcqQuantitative AptitudeCompetitive Exam2026
A person bought bananas at 6 for ₹12 and sold them at 8for₹10. Find his gain or loss percentage?
Q285mediummcqQuantitative AptitudeCompetitive Exam2026
The cost price of 21 articles is equal to the selling price of 15 articles. Find the gain or loss percentage.
Q286mediummcqQuantitative AptitudeCompetitive Exam2026
The cost price of 10 apples is equal to the selling price of 20 apples. Find the loss or gain percentage.
Q287mediummcqQuantitative AptitudeCompetitive Exam2026
A shopkeeper sold an article for Rs. 540 at some profit. Had he sold it for Rs. 470, then there would have been a loss equal to one-sixth of the initial profit. What was the cost price (in Rs.) of the article?
Q288mediummcqQuantitative 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?
Q289mediummcqAccountancyCUET 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:
Q290mediummcqQuantitative AptitudeCompetitive Exam2026
A tradesman marked his goods at 26% above its cost price and then allowed a discount of 13%. His gain (in %) is:
Q291mediummcqQuantitative 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?
Q292easymcqQuantitative 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:
Q293mediummcqQuantitative 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.
Q294mediummcqQuantitative AptitudePractice Test2026
A number is first increased by and then decreased by . What is the net percentage change?
Q295mediummcqQuantitative AptitudePractice Test2026
A person bought a laptop for and sold it at a profit of . What is the selling price of the laptop?
Q296mediummcqQuantitative 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%?
Q297mediummcqQuantitative AptitudeCompetitive Exam2026
A vendor bought 15 kg of rice at a certain rate per kg. After a week, he sold 6 kg of the rice at 20% profit, 6 kg at neither profit nor loss and 3 kg at 10% loss. In this transaction, what is his profit percentage?
Q298mediummcqQuantitative 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?
Q299mediummcqQuantitative 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.
Q300mediummcqQuantitative AptitudeCompetitive Exam2026
A salesman sold an article at three-fifth of the marked price. By doing so, he gained 20%. The ratio of the marked price and the cost price of the article is:

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