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.

  • Q22.Rohan went to purchase a bicycle, the shopkeeper told him to pay 20% tax if he asked to the bill. Rohan manages to get the discount of 5% on the actual sale price of bicycle and he paid the shopkeeper Rs. 6650 without tax. Besides he manages to avoid paying 20% tax on the already discounted price, what is the amount of discount that he has gotten?

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  • Q23.A dishonest seller marks up the price of his goods by 20% and gives a discount of 5% to the customer. In addition to this he also cheats both his supplier and buyer by 100 grams while buying and selling 1 kg. Find the percentage profit earned by the seller?

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  • Q24.A vendor bought some bananas at 4 per rupee and an equal number at 5 per rupee. when he sold the entire quantity at 9 for 2 rupees. What is his percentage profit or loss?

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  • Q25.A shopkeeper sold an article at profit of 30%.If both the cost price and selling price is lowered by Rs. 100.Then the profit would be 4% more than before. Then find the cost price of the article

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  • Q26.If Ram, while selling two cows at the same price, makes a profit of 20% on one cow and suffers a loss of 20% on the other, then

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  • Q27.An automobile dealer marks the price of a car at 15% above its price and allows a discount of 7 1 2 % , if the payment is being made through cash. Find the percentage of profit that he will make in this deal.

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  • Q28. Aarti went to the stationery shop and bought articles worth Rs. 45, out of which 40 paise went on sales tax on taxable purchases. If the tax rate was 8%, what was the cost of the tax free items?

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