Profit and Loss Questions for Competitive Exams

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profit and loss questions
Q :  A dishonest dealer professes to sell his good at cost price, but he uses a weight of 800 gm. For one kg. Find his gain percent?

(A) 20

(B) 25

(C) 40

(D) 10


Correct Answer : B

Q :  Cost price of 21 objects is equal to selling price of 15 objects. What is the profit?

(A) 25%

(B) 30%

(C) 33%

(D) 40%


Correct Answer : D

Q :  A shopkeeper earns a profit equal to the cost price of 15 meter by selling 45 meter cloth. Find the profit percent?

(A) 33%

(B) 30%

(C) $$ 33 {1 \over 3} $$

(D) 55%


Correct Answer : C

Q :  A person buys oranges 8 for Rs 5 and sells them at 5 Rs 8. Find the profit or loss percentage in the whole transaction.

(A) 100% Profit

(B) 150% Loss

(C) 146% Profit

(D) 156% Profit


Correct Answer : D

Q :  A fruit seller buys lemons two for Rs 1 and sells at 5 for Rs 3 rate. Find his profit percent.

(A) 10

(B) 15

(C) 20

(D) 25


Correct Answer : C

Q :  A shopkeeper sells a TV set on discount of 8% of printed price and gains 25%. If print price was Rs 20000 then, what was the cost price?

(A) Rs 13800

(B) Rs 14720

(C) Rs 14800

(D) Rs 13720


Correct Answer : B

Q :  The marked price of a certain object is Rs 10,000. Shopkeeper gives three consecutive discounts of 10%, 20%, 30%. Find the selling price of the object.

(A) Rs 6000

(B) Rs 6340

(C) Rs 5040

(D) Rs 7000


Correct Answer : C

Q :  If a dealer wants to earn 40% profit on an article after offering 30% discount, by what percent should be increase his marked price to arrive at the label price?

(A) 50%

(B) 100%

(C) 200%

(D) 60%


Correct Answer : B

Q :  A shopkeeper earns a profit of shopkeeper earns a profit of 25% after giving a discount of 20%. Find the ratio between the cost price and the marked price.

(A) 25:16

(B) 16:25

(C) 16:27

(D) 27:10


Correct Answer : B

Q :  

If 3 toys are sold at the cost price of 4 toys of the same kind, the profit will be:

(A) 25%

(B) $$ 33{1\over3}\%$$

(C) $$ 66{1\over3}\%$$

(D) 50%


Correct Answer : B

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    Gajanand

    B-Tech Electronic and Communication Engineering select the SSC CGL Tier-1 and Tier-2 in 2016 and Rajasthan state Govt. Exams Expert in Mathematics , Reasoning Gk and English.

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