25 Profit and Loss Questions [ Frequently Asked ] for SSC/IBPS Exams

profit and loss questions

Profit and Loss Questions

Hello Friends, How are you doing. Welcome to Free Study Portal www.ExamsKart.com. Profit and Loss Chapter is very important part of Quantitative Aptitude for any Competitive Exam. Every Year 4-5 Questions are asked from Profit and Loss in SSC CGL/CHSL and other Exams. so we decided to share with you some very important profit and Loss questions for SSC CGL/CHSL, Bank, Railway, Vyapam, CET 2019 etc. These Profit and Loss Problems are repeatedly asked in these Exams every year so go through all these Profit and loss Questions and comment below how many did you answer correctly.

Profit and Loss Questions

By selling 20 metres of cloth, a man gains the selling price of 4 metres of cloth. The gain percent is:

  1. 20%
  2. 25%
  3. 30%
  4. 35%

Ansh bought a shirt of marked price ₹225 at a discount of 20%. If he wants a profit of 30% then at what price he should sell the shirt?

  1. ₹230
  2. ₹234
  3. ₹256
  4. ₹286

A fruit seller buys oranges at the rate of 3 for ₹2 and sells it at the rate of 4 for ₹3. His profit percent is:

  1. 10%
  2. 12.5%
  3. 25%
  4. 50%

The owner of a cell phone shop gets 20% profit on the cost price. If a customer paid 9600 for a cell phone, then what is the cost price of the cell phone for shopkeeper?

  1. 8000
  2. 9000
  3. 7000
  4. 8500

The cost price of an article is ₹390 and it is sold at a profit of 10 %, selling price of article is:

  1. ₹410
  2. ₹429
  3. ₹417
  4. ₹420

The cost of an article was 75. The cost was first increased by 20% and later on it was reduced by 20%. The present cost of the article is:

  1. 72
  2. 60
  3. 75
  4. 90

By selling an article for ₹72, there is a loss of 10%. At what price it should be sell to gain 10% profit?

  1. ₹85
  2. ₹88
  3. ₹80
  4. ₹90

A shopkeeper sells a commodity at Rs.8400 and earns 20 % profit. Find the cost price of that commodity (in Rs.).

  1. 7000
  2. 11650
  3. 5800
  4. 8800

If Chirag earns 25% more than Divit, what percent less does Divit earn than Chirag?

  1. 16
  2. 10
  3. 20
  4. 25
Profit and Loss Questions

When an object is sold at Rs.16000, the loss is 20%. Find the cost price of the object.

  1. 22,000
  2. 18,500
  3. 20,000
  4. 19000

If an article is sold at a gain of 6% instead of at a loss of 6%, then gift seller gets ₹6 more. The cost price of the article is:

  1. ₹60
  2. ₹66
  3. ₹50
  4. ₹36

The percent profit made when an article is sold for ₹56 is thrice as when it is sold for ₹42. The cost price of the article is:

  1. ₹28
  2. ₹49
  3. ₹25
  4. ₹35

A shopkeeper gives two successive discounts of 7% each on the marked price of Rs. 20,000 of an article. The selling price (in Rs.) of the article is:

  1. 18,927
  2. 17,298
  3. 12,978
  4. 19,278

The numerical value of the profit % is equal to the cost price of a book on selling it at Rs.96. So, how much profit (in Rs.) is there on selling it?

  1. 30
  2. 26
  3. 36
  4. 60

If percentage of profit made, when an article is sold for Rs.78, is twice as when it is sold for Rs.69. the cost price of the article is:

  1. Rs.51
  2. Rs.49
  3. Rs.57
  4. Rs.60

By selling 20 metres of cloth, a man gains the selling price of 4 metres of cloth. The gain percent is:

  1. 25%
  2. 30%
  3. 20%
  4. 35%

By selling an article for Rs.72, there is a loss of 10%. In order to gain 5%, its selling price should be:

  1. ₹ 85
  2. ₹ 84
  3. ₹ 87
  4. ₹ 80

If the ratio of cost price and selling price of an article are respectively 10:11, the profit percentage is:

  1. 8%
  2. 1%
  3. 5%
  4. 10%
Profit and Loss Questions

A dealer allows his customers a discount of 25% and still gains 25%. If an article costs Rs. 1,440 to the dealer, then its marked price is:

  1. Rs. 1,850
  2. Rs. 1,500
  3. Rs. 2,560
  4. Rs. 2,400

The cost price of 25 books is equal to the selling price of 20 books. The profit percent is:

  1. 25%
  2. 22%
  3. 24%
  4. 20%

A man buys two horses for Rs.1350. He sells one as to loss 6% and the other so as to gain 7.5%. On the whole he neither gains nor loses. What does each horse cost (in Rs.)?

  1. 650, 700
  2. 600, 750
  3. 500, 850
  4. 610, 740

A shop keeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of cost price to the printed price of the book is

  1. 45:56
  2. 50: 61
  3. 99: 125
  4. None of these

While selling a shirt, a shopkeeper gives a discount of 7%. If he gives discount of 9% he earns Rs. 15 less on profit. The market price of the shirt is:

  1. 712
  2. 787
  3. 750
  4. 697

The shopkeepers announce the same price of Rs. 700 for a sewing machine. The first offers successive discounts of 30% and 6% while the second offers successive discounts of 20% and 16%. The difference in their selling price is

  1. Rs. 9.8
  2. Rs. 16.8
  3. Rs. 22.4
  4. Rs. 36.4

A shopkeeper earns a profit of 15% after selling a book at 20% discount on the printed price . The ratio of the cost price and printed price of the book is

  1. 20:23
  2. 23:20
  3. 16:23
  4. 23:16

 

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