Profit & Loss

Are you preparing for campus placements,Banking,SSC, IAS, Insurance,Defence and other competitive exams? Then, make sure to take some time in practicing the Profit and Loss questions and answer in Quantitative Aptitude. Moreover, only those questions are included that are relevant and likely to be asked in any competitive exam. So, take these questions and answer, brush up your skills and practice to stay fully prepared for any your exam.

  • Q1.100 apples are bought at the rate of Rs. 450 and sold at the rate of Rs. 60 per dozen. The percentage of profit or loss is:

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  • Q2.While selling a book, a shopkeeper gives a discount of 6%. If he had given a discount of 9% he would have got Rs. 30 less as profit. The marked price of the book is:

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  • Q3.A LCD is marked at Rs. 19,000 and available at a discount of 10%. The shopkeeper gives the buyer another off-season discount and sells the LCD for Rs.15, 390. Then the off-season discount is:

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  • Q4.The profit percentage of X and Y is same on selling the articles at Rs. 3600 each but X calculates his profit on the selling price while Y calculates it correctly on the cost price which is equal to 20%. What is the difference in their profits?

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  • Q5.A trader mixes 25% vanaspati Ghee to desi ghee and then he sells the whole mixture at the price of desi ghee. If the cost price of vanaspati Ghee be 50% of the cost price of desi ghee, what is the net profit percentage?

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  • Q6.A shopkeeper sold a book at Rs. 144 in such a way that his percentage profit is same as the cost price of the book. If he sells it at twice the percentage profit of its previous percentage profit then new selling price will be:

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  • Q7.A Petrol pump owner mixes 10% kerosene in petrol but he is not content with it so he again mixes 10% more kerosene in the previous mixture. What is the profit percentage of Petrol pump owner if he sells it at cost price?

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  • Q8.If a person sells 80% of a product at 20% profit and the remaining 20% the product at 10% loss, he earns Rs.9450. Find out the cost price of the product.

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  • Q9.A shopkeeper incurred loss of 30% when he sold the bedsheet at Rs.1400 but gained some profit when it was sold at Rs.1600. Find out the selling price of the bedsheet, if the shopkeeper wants to earn a profit of 40%.

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  • Q10.A shopkeeper sold an article at a profit of 20%. If he had bought it at 20% less & sold it at Rs 80 less, then he earn a profit of 25%. Find the cost price of the article.

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