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.
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?
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 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.
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).
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%?
A shopkeeper gives a discount of about 5% and still earns a profit of around 12%. If he does not give any discount, approximately what percentage profit will he earn?
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?
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:
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?
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?
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 20% more would be gained by selling an article for ₹ 93 than selling it for ₹ 85, 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?
The cost price of an article is ₹120. A dealer marks it 35% above its cost price. If he sells it after giving a 15% 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 38% after allowing a customer a discount of 8% on the marked price?
Q231mediummcqQuantitative AptitudeSSC CGL2026
A shopkeeper made a profit of 16% on his goods. If the price at which he buys decreases by 20% while he reduces his selling price by 23%, what is now his percentage of profit? (correct to one decimal place)
A shopkeeper marks the price of an article 25% above its cost price. After allowing a 10% discount on the marked price, the article is sold for ₹720. What is the difference (in ₹) between the cost price and marked price of the article?
A person bought 80m cloth at ₹110 per m and sold 75% of it at a gain of 6%. At what gain percent did he sell the remaining cloth, if he gained 10% on his total outlay?
Q235easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
A wholesaler bought an item from a manufacturer for ₹5,000 and sold it to a retailer at 20% profit. The retailer sold it to a customer at 10% profit. If the customer buys the item from the manufacturer itself, how much money (in ₹) will he save?
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.
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:
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 16% less than its selling price. What is the profit or loss percentage (to the nearest integer)?
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?
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:
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?
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?
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)
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 = 20% Paper Cost = 25% Royalty = 15% Binding = 20% Promotion Cost = 10% Transportation Cost = 10% If 2500 copies are published and the printing cost for them amounts to Rs. 160,000, then what should be the selling price of a book such that the publisher can earn a profit of 25%?
Q253mediummcqQuantitative 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?
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?
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.
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 4% discount on the marked price and gives an article free for buying every 15 articles and thus gains 35%. Find out by what percentage the marked price is above the cost price.
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:
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
A manufacturer undertakes to supply 2000 pieces of a particular component at ₹50 per piece. According to his estimates, even if 5% components fail to pass the quality test, then he will make a profit of 25%. However, as it turned out, 50% of the components were rejected. Then what is the loss to the manufacturer?
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?
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?
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:
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?
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?
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:
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.
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?
A used two-wheeler-dealer sells a scooter for ₹460 and makes some loss. If he had sold it for ₹580, 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:
If the marked price of the laptop is 15% more than its cost price and the shopkeeper offers a discount of 10% on the marked price of the laptop, then find the profit % of the laptop.
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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