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.

  • Q29.A retailer gives three successive discounts of 10%, 15%, and 10% on the marked price of an article of Rs.1000 and also giving another option of availing two successive discounts of 20% and 10%. Find the difference in the selling price under these two options after discount, respectively, offered by the retailer.

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  • Q30.A manufacturer makes 1500 articles at the production cost of 60 paisa per article. On the basis of past reports, it is observed that only 80% article is sold, and makes 40% profit on total outlay. In the meanwhile, 240 articles got spoilt and he has able to sell the remaining stock at this price. Find his actual profit percent as the percentage of total outlay assuming that the unsold articles are useless.

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  • Q31.Ram has two books and one calculator. The calculator worth Rs. 192.If he sells calculator along with along with the first book, he has an amount double that of the value of the second book. But if he decides to sell the calculator along with the second book, the amount received would be less than the value of first book by Rs. 612. What is the value of first book?

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  • Q32.A cab driver makes a profit of 20% on every trip from Delhi to Agra when he carries 4 passengers and the price of petrol is Rs. 60 a litre. Find the percentage profit for the same journey if he goes for 5 passengers per trip and price of petrol reduces to 20%. (Assume that revenue per passenger is the same in both the cases.)

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  • Q33.A retailer purchase 50 computers and laptops for Rs. 4, 10,000. He sold 80 % of the computers and 24 laptops for a profit of Rs. 80,000. Each computer is marked up by 20% over cost and each laptop was sold at a profit of Rs. 2,000. The remaining computers and 6 laptops could not be sold. What is retailer’s overall profit/loss?

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  • Q34.A shopkeeper bought some oranges at the rate of Rs. 18 per dozen. Due to harsh climate 40% of the oranges bought were rotten during the transportation. At what rate of per dozen should he sell the remaining apples so as to gain 25% on the total cost price?

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  • Q35.A person bought a bag and sold it at a loss of 20%. If he had bought it for 10% less and sold it for Rs.74 more, he would have had a profit of 30%. The C.P. of the bag is :

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