Practice 465 Profit And Loss questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.
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?
A dairyman pays 6.4 per litre of milk. He then adds water in the milk and sells the mixture at 8 per litre, thereby making a 37.5% profit. What is the proportion of water to milk, in the milk received by the customers?
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).
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 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:
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?
Q320mediummcqQuantitative 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.
An article is sold for Rs. x. If it is sold at 66 3 2 % of this price, there is a loss of 20%. What is the percentage profit when it is sold for Rs. x?
Q322easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
A shopkeeper marks his goods at such a price that even after giving a discount of 25%, he gains 20%. If the marked price of an article is ₹992, what is its cost price (in ₹)?
Marked price of an item is Rs 200. On purchase of 1 item discount is 22%, on purchase of 4 items discount is 33%. Rabia buys 5 items, what is the effective discount?
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?
A shopkeeper bought 56 dozen eggs at ₹2.50 per egg. 120 eggs broke in transportation. He sold the remaining eggs at ₹2.75 each. What is his profit or loss per cent?
Q334mediummcqQuantitative AptitudeSSC CGL2026
If 3 dupattas are offered free on the purchase of 6 dupattas priced Rs 1200 each, what is the effective discount on each dupatta?
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.
If 70% of total articles are sold at a profit of 20% and the remaining articles are sold at a loss of 20%, then what will be the overall profit percentage?
An article is marked 40% above the cost price. If a discount of x% is given on the marked price of the article, then a final profit of 12% is obtained. Now if the C.P. of a new article is Rs. 2,400 and x% profit is desired, then what should be the selling price of that new article?
A store announces a discount of 27% and then allows another discount of 18%. What is the final sale price (in ₹, to the nearest integer) of a bed whose marked price is ₹37,000?
Q341mediummcqQuantitative AptitudeSSC CGL2026
A wholesaler sells a watch to a retailer at a gain of 20% and the retailer sells it to a customer at a loss of 10%. If the customer pays Rs 874.8, what had it cost the wholesaler?
A shopkeeper is buying goods from a wholesaler. The wholesaler sells 1265 units of the goods to the shopkeeper, earning a profit equal to the selling price of 165 units of the goods. Find the profit percentage of the wholesaler.
The total cost of a refrigerator with an oven was Rs 12000. The oven was sold at a profit of 20% and the refrigerator at a loss of 28%. If the sale price was the same in both the items, then the cost price of the cheaper item was:
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?
At a village trade fair, a man buys a horse and a camel for a total amount of ₹5,125. He sold the horse at a profit of 25% and the camel at a loss of 20%. If he had sold both the animals at the same price, then the cost price of the cheaper animal was:
Q347mediummcqQuantitative AptitudePrepp2026
Ramanna purchased raw materials for a certain price to manufacture a product. However, owing to shortage of labour, 22.5% of the raw materials could not be utilised and got wasted. 80% 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 20% after offering a discount of 20%, how many times of the total cost of the raw materials purchased was the marked price of the product?
A trader sells one item to a retailer at a 20% discount, but charges 10% on the discounted price, for delivery and packaging. The retailer sells it for ₹4,092 more, thereby earning a profit of 25%. At what price had the trader marked the item?
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?
A store announces a discount scheme "Buy 1 shampoo bottle and get 60% discount on another shampoo of the same quality, size and same price." If the cost price of each shampoo bottle is 60% less than the marked price then what is the profit percentage of the store?
An article was bought for ₹18,560 and sold at a loss of 2.5%. What is the selling price?
Q354mediummcqQuantitative AptitudeSSC CGL2026
At 15% discount the selling price of a microwave oven is ₹34000, what is the selling price if the discount is 37.5%?
Q355mediummcqQuantitative AptitudePrepp2026
Find a single discount rate percentage equivalent to the successive discounts of 10%, 20%, and 20%.
Q356mediummcqQuantitative AptitudeSSC CGL2026
Abhishek marks the price of his laptop 60% above the cost price. If he gives a discount of 30% on the marked price, then what is the profit percentage?
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?
Q358easymcqQuantitative 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 ₹)?
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)
A businessman bought two types of rice at the rate of Rs. 120/kg and Rs. 220/kg. How much rice (in kg) of the first type should be mixed with 72kg of rice of the second type so that the resulting mixture can be sold at Rs. 280/kg to earn a profit of 40%?
A TV manufacturer sells an item to a wholesaler at a profit of 8%. The wholesaler sells it to a retailer at a profit of 10%. The retailer in turn sells it to the customer for ₹11,050 making a profit of 15%. What is the manufacturer's purchasing price? (Assume only whole numbers)
Q365hardmcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
A man sells two laptops for ₹40,548 each: gaining 24% on one and losing 20% on the other. What is his gain/loss percentage overall (correct to two decimal places)?
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:
After giving a discount of 12% on the marked price of a book, a shopkeeper earns a profit of 21%. If he doesn't give this discount, then how much profit would he earn?
Q371easymcqQuantitative AptitudeSSC Selection Post 2021 Matriculation Level2026
By selling an article for ₹380, a man loses 24%. If he sells it for ₹475, then his loss/gain per cent is:
A shopkeeper sets the marked price of his goods at 25% above the cost price. To attract customers, he offers a discount of 10% on the marked price. Calculate the percentage of profit the shopkeeper makes on selling the goods after allowing the discount.
Some articles were marked 25% above their cost price. One of such articles was sold at 20% profit on the marked price and the other one was sold at 10% loss on the marked price. Find the overall percentage profit.
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?
A cloth piece was purchased for Rs. 600. At what price should it be sold to get a profit of 12.5% after tailoring charges of Rs. 40 were paid for?
Q377easymcqQuantitative 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:
Q378mediummcqQuantitative AptitudeSSC CGL2026
Marked price of an item is Rs 500. On purchase of 2 items discount is 8%, on purchase of 3 items discount is 16%. Radha buys 5 items, what is the effective discount?
A shopkeeper bought a television for ₹ 15,400 and sold it for ₹ 18,060. Calculate the profit and profit percentage.
Q381mediummcqQuantitative AptitudeSSC CGL2026
A man buys 120 toys each at the same cost price. He sells 45% of the toys at 40% profit, one-third of the remaining at 20% profit, and the remaining at a loss which is equal to the cost price of 14 toys. His profit per cent in the entire transaction is:
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?
Q384mediummcqQuantitative AptitudeSSC CGL2026
A watch is sold at a profit of 25%. If both the cost price and the selling price of the watch are decreased by Rs. 75, then the profit would be 30%. The original selling price (in Rs.) of the watch is:
Q385mediummcqQuantitative AptitudeSSC CGL2026
A trader sells an item for Rs. 516.60 after offering a discount of 18% on its list price. Had he not given the discount, he would have earned a profit of 26%. What is the cost price (in Rs.) of the item?
A retailer bought 7 articles for Rs. 10 each, 9 articles for Rs. 11 each, and 14 articles for Rs. 15each. Find the selling price per article if the profit is supposed to be 20% of the average cost price.
Q387mediummcqQuantitative 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?
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?
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.
Q390mediummcqQuantitative AptitudeSSC CGL2026
The total cost of a dishwasher with a vacuum cleaner was Rs. 78750. The vacuum cleaner was sold at a profit of 37% and the dishwasher at a loss of 27%. If the sale price was the same for both items, then the cost price of the cheaper item was:
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.
If the ratio of cost price and selling price is 15:14, then the loss percent is
Q395mediummcqQuantitative AptitudeSSC CGL2026
A sells an article to B at a gain of 16%, B sells it to C at a loss of 15%, and C sells it to D at a gain of 20%. If the difference between the profits earned by C and A is Rs. 248, then the loss (in Rs.) incurred by B is:
Q396mediummcqQuantitative AptitudeSSC CGL2026
What is the selling price of a calculator if a shopkeeper allows two successive discounts of 7% each on its marked price of Rs. 500?
Q397mediummcqQuantitative AptitudeSSC CGL2026
A silver puja thali set marked at Rs. 10,000 is sold with two successive discounts of 10% and 5%. An additional 5% discount is offered if the payment is made in cash mode. Find the selling price of the article on cash payment.
Q398mediummcqQuantitative AptitudeSSC CGL2026
Mohan purchases a table at an MRP of Rs. 800, at a discount of 10%. If he sells it at Rs. 900, then the profit percentage is:
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