13. Profit and Loss Questions for Competitive Exams

Profit and Loss Questions answers of Quantitative aptitude are useful for it officer bank exam, ssc, ibps and other competitive exam preparation.

Profit and Loss 

1. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:

(1) 14
(2) 16
(3) 18
(4) 24

2. A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle? 

(1) 1190
(2) 1100
(3) 1200
(4) 1290

3. A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is: 

(1) 1%
(2) 2%
(3) 4%
(4) 5%

4. A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.

(1) 1300
(2) 1360
(3) 1340
(4) 1260

5. 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. 

(1) 960
(2) 980
(3) 950
(4) 970

6. If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is ?

(1) 40%
(2) 50%
(3) 60%
(4) 70%

7. A watch was sold at a loss of 10%. If it was sold for Rs.140 more, there would have been a gain of 4%. What is the cost price? 

(1) 1000
(2) 900
(3) 800
(4) 700

8. A single discount equivalent to the discount series of 20%, 10% and 5% is? 

(1) 21.6
(2) 16.6
(3) 18.6
(4) 31.6

9.  Ram sold two bicycles, each for Rs.990. If he made 10% profit on the first and 10% loss on the second, what is the total cost of both bicycles?

(1) 1000
(2) 1500
(3) 2000
(4) 2500

10. A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price? 

(1) 150
(2) 100
(3) 200
(4) 250

Ans :-

1-2,       2-1,       3-4,        4-4,         5-1,
6-2,       7-1,       8-4,        9-3,         10-4

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