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Profit Loss Questions with Answers for competitive exams

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Profit-Loss Questions and Answers

Q :  

A shopkeeper allows 25% discount on his advertised price and to make a profit 25% on his outlay. What is the advertised price (in Rs.) on which he gains Rs. 6000?

(A) 36000

(B) 45000

(C) 39000

(D) 40000

Correct Answer : D

Q :  

Due to increase in the value of eggs by 20 percent, two eggs started getting less at Rs. 24. The current price per dozen of eggs.

(A) Rs.25

(B) Rs.26.20

(C) Rs.27.80

(D) Rs.28.80

Correct Answer : D

Q :  

A person sold a horse with a profit of 15 percent. If he had bought it for 25 percent less and sold it for less than 60 rupees, he would have gained 32 percent. The purchase price of the horse was.

(A) Rs.370

(B) Rs.372

(C) Rs.375

(D) Rs.378

Correct Answer : C

Q :  

A man sells two chairs at Rs. 120 each and by doing so he gains 25% on one chair and loses 25% on the other. His loss on the whole in Rs.is

(A) 20

(B) 16

(C) 25

(D) 30

Correct Answer : B

Q :  

The selling price of the product was equal to 50% of its cost price. Two gradual discounts were offered on the product. If the first discount was 20%, then what was the second discount?

(A) 30 %

(B) 37.5 %

(C) 25 %

(D) 33.33 %

Correct Answer : B

Q :  

A scooter was purchased for Rs 30,000 and Rs 3,000 was spent to repair it. It was sold for Rs 39,600. What was the profit percentage?

(A) 15

(B) 20

(C) 25

(D) 10

Correct Answer : B

Q :  

The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent.

(A)

(B)

(C)

(D)

Correct Answer : C

Q :  

A man sells a table at 12 % loss and a book at 19% profit then he earns Rs. 160 as profit. But if he sells the table at 12 % profit and the book at 16% loss then he bears a loss of Rs. 40. Find the price of one book?

(A) Rs. 4200

(B) Rs. 4100

(C) Rs. 4300

(D) Rs. 4000

Correct Answer : D

Q :  

A sells a good to B at a profit of 20% and B sells it to C at a profit of 25%. If  C pays Rs. 225 for it, what was the cost price of A?

(A) Rs. 100

(B) Rs. 125

(C) Rs. 150

(D) Rs. 175

Correct Answer : C

Q :  

A shopkeeper sells a watch set on discount of 8% of printed price and gain 25 %. If marked price was Rs. 20,000 then, what was the cost price?

(A) Rs. 13,800

(B) Rs. 14,720

(C) Rs. 14, 800

(D) Rs. 13, 720

Correct Answer : B

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