Profit and Loss questions and answers
Profit and loss tricks are useful to Talathi, ZP Bharti Gram Sevak, Senior Clerk Assistant, Junior Clerk, Civil Engineering Assistant, Junior Engineer, Bank Clerk, Railway Graduate NTPC, CHSL, SSC MTS, CGL and many more exams. Here, we are providing profit and loss examples for competitive exams. So many students also searching profit and loss formulas, questions and answers pdf etc.
| 1 | If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is 39 (b) 48 (c) 50 (d) 45 |
| 2 | A man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be. 75% (b) 110% (c) 140% (d) None of these |
| 3 | By selling an article for Rs. 69 there is a loss of 8%, when the article is sold for Rs. 78, the gain or loss per cent is: (a) 4% gain (b) 4% loss (c) 20% loss (d) None of these |
| 4 | By selling an article for Rs. 240, a man incurs a loss of 10%. At what price should he sell it, so that he makes a profit of 20%? Rs. 390 (b) Rs. 320 (c) Rs. 210 (d) None of these |
| 5 | Ramesh buys a pen at a certain price. He marks up the price of the pen by 30%. He then give 20% discount to customer. If Ramesh makes a profit of Rs. 16 in the transaction then find the prie at which he bought the pen. (a) 500 (b) 400 (c) 600 (d) None of these |
| 6 | When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%? Rs. 23700 (b) Rs. 25800 (c) Rs. 22300 (d) Rs. 25300 |
| 7 | A bathing soap marked at Rs.80 is sold for Rs.68.Find the rate of discount. 15% (b) 20% (c) 18% (d) 22% |
| 8 | A man buys an item at Rs. 1200 and sells it at the loss of 20 percent. Then what is the selling price of that item Rs. 860 (b) Rs. 840 (c) Rs. 920 (d) Rs. 960 |
| 9 | Rashmi purchased an article at 4/5 of its list price and sold it at 20% more than the list price. Rashmi’s profit percent was 30% (b) 40% (c) 50% (d) None of these |
| 10 | A machine is sold at a profit of 10%. Had it been sold for Rs. 80 less, there would have been a loss of 10%. The cost price of the machine is Rs. 300 (b) Rs. 450 (c) Rs. 400 (d) Rs. 900 |
Answer –
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| c | c | a | b | b | d | a | d | c | C |