Aptitude & Reasoning

Profit and Loss Questions for Bank PO and SSC

profit and loss examples
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Online Profit and Loss (Aptitude) Questions and Answers

Profit and Loss Problems

Question 1
Toffee are bought at a rate of 8 for one rupee. To gain 60% they must be sold at
A
5 for Re. 1
B
6 for Re. 1
C
24 for Re. 5
D
9 for Re. 2
Question 2
A trader purchases 70 kg of sugar at Rs. 15 per kg and 30 kg of sugar at Rs. 18.50 per kg. If the packing charges are 2 percent, then at what price he must sell the mixture of two to gain 15%?

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A
Rs. 18.50 per kg
B
Rs. 18 per kg
C
Rs. 18.80 per kg
D
Rs. 17.80 per kg
Question 3
A restaurant sold a pizza for Rs. 420 at a loss of 12.5%. At what price should restaurant have sold it to gain 12.5%?
A
Rs. 750
B
Rs. 650
C
Rs. 540
D
Rs. 620
Question 4
Four advertisers advertise the same list price for a Car. Which one of the following discount series is more advantageous to the customer?
A
25% and 9%
B
25% and 10%
C
22% and 8%
D
25% and 8%
Question 5
Ramesh bought 12kg . of sugar at the rate of Rs 9.50 per kg. and 18 kg of sugar at the rate of Rs. 12.50 per kg. He mixed the two varieties and sold the mixture at the rate of Rs.12.00 per kg. Approximately what was his percentage gain in this transaction?
A
6
B
4
C
8
D
Data inadequate
Question 6
Listed price of an article is Rs. 65. A customer pays Rs. 56.16 for it. He was given two successive discounts. If the first discount is 10% find the second
A
4%
B
6%
C
5%
D
8%
Question 7
A person bought some oranges @ Rs. 10 per dozen and bought the same number of oranges @ Rs. 8 per dozen. He sold these oranges @ Rs. 11 per dozen and gained Rs 120. The total number of oranges bought by him was

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A
40 dozen
B
60 dozen
C
30 dozen
D
50 dozen
Question 8
Yash incurs 5% loss by selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit?­
A
1210
B
1275
C
1280
D
1260
Question 9
A shopkeeper professes to sell his goods at cost price but uses a weight of 800 grams instead of a kilogram weight. Thus he makes a gain of
A
25%
B
10%
C
15%
D
20%
Question 10
A man buys a toy for Rs. 25 and sells it for Rs. 30. Find his gain percent.
A
20 %
B
15%
C
30%
D
25%
Question 11
Ghanshyam bought bananas at 6 for Rs.10 and sold them at 4 for Rs. 6. Find his loss percent.
A
8%
B
6%
C
10%
D
12%
Question 12
A person bought 20 litres of milk at the rate of Rs. 8 per litre. He got it churned after spending Rs. 10 and got 5 kg. of cream and 20 litres of toned milk. If he sold the cream at Rs. 30 per kg. and toned milk at Rs. 4 per litre, his profit in the transaction is
A
25%
B
37.5%
C
35.3%
D
42%
Question 13
A trader mixes three varieties of groundnuts costing Rs. 50, Rs. 20 and Rs. 30 per kg in the ratio 2: 4: 3 in terms of-weight, and sells the mixture at Rs.33 per kg. What percentage of profit does he make?
A
9 %
B
10 %
C
None of these
D
8 %
Question 14
A man sells a car to his friend at 10% loss. If the friend sells it for Rs. 54,000 and gains 20%, the C.P. of the car was:
A
Rs. 60,000
B
Rs. 50,000
C
Rs. 25,000
D
Rs. 37,500
Question 15
Prasanajeet purchased a machine for Rs.80000 and spent Rs.5000 on repair and Rs.1000 on transport and sold it with 25% profit. At what price did he sell the machine?
A
Rs. 107000
B
Rs. 107500
C
Rs. 108000
D
Rs. 108500
Question 16
If cost price of 15 articles is equal to the selling price of 12 articles, then find the gain percent.
A
35 %
B
40 %
C
30 %
D
25 %
Question 17
Yashwant sold two flats for Rs. 675958 each. On one he gains 16% while on the other he loses 16%. How much does he lose in the whole transaction?
A
4.46%
B
3.16%
C
3.56%
D
2.56%
Question 18
By selling an article for Rs. 100, one gains Rs. 10. Then the gain percent is
A
9%
B
10%
C
11 1/9%
D
10 ½%
Question 19
Mamta purchased a table for Rs.1260 and due to some scratches on its top, she had to sell it for Rs.1197. Find her loss percent.
A
20 %
B
10 %
C
5 %
D
15 %
Question 20
Raghu bought 10kg. of sugar at the rate of Rs. 14 per kg and 15kg. of sugar at the rate of Rs. 16 per kg. He mixed the two varieties and sold the mixture at the rate of Rs. 18 per kg. What was his total gain by doing so?

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A
Rs. 40
B
Rs. 80
C
Rs. 50
D
Rs. 70
Question 21
A shopkeeper mixes two varieties of tea, one costing Rs. 35 per kg. and another at Rs. 45 per kg. in the ratio 3:2. If he sells the mixed variety at Rs. 41.60 per kg. what is his gain or loss percent?
A
7 1/3%
B
7¾%
C
6 2/3%
D
6 ½%
Question 22
By selling a watch for Rs. 144 a man loses 10%. At what price should he sell it in order to gain 10%?

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A
154
B
144
C
164
D
184
Question 23
What is the equivalent discount of three consecutive discount 30%, 20% and 5%?
A
46.70
B
46.80
C
46.50
D
46.60
Question 24
A man buys an article for 10% less than its value and sells if for 10% more than its value. His gain or loss percent is:
A
no profit, no loss
B
more than 20% profit
C
less than 20% profit
D
20% profit
Question 25
There are two consecutive discounts of 35% and 10% on a jeans. If a person paid Rs. 1170 for that, then what was the original price of the jeans before the discounts?
A
Rs. 1,800
B
Rs. 1,900
C
Rs. 2,000
D
Rs. 1,700
Question 26
If the cost of a pen is Rs. 12.60 and the gain was 10% of the marked price, then the marked price of a pen was
A
Rs. 13
B
Rs. 12
C
Rs. 14
D
Rs. 15
Question 27
The marked price of a chair is Rs 2000. It is sold at a discount of 15%. The shopkeeper has allowed a further discount of 5% due to off season. Find the selling price of the chair.

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A
Rs. 1815
B
Rs. 1615
C
Rs. 1700
D
Rs. 1600
Question 28
An article was sold at a loss of 5%.If it were sold for Rs. 30 more ,the gain would have been 1.25%. The cost price of the article is
A
Rs. 420
B
Rs. 480
C
Rs. 460
D
Rs. 488
Question 29
A man loses Rs. 50 by selling toys at the rate of Rs 3 per toy but gains Rs .75. If he sells them at Rs 3.25 per toy. The number of toys sold by him is

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A
600
B
500
C
1000
D
750
Question 30
Anitha sold a painting at a profit of 11%. Had she sold it for Rs.175 more, she would have gained 18%. The C.P of the painting is
A
Rs. 2550
B
Rs. 2350
C
Rs. 2500
D
Rs. 2250
Question 31
An agent makes a profit of 20% even after a discount of 10% discount on the advertised price. If he makes a profit of Rs. 750 on the sale of a scooter, then the advertised price is
A
Rs. 4,550
B
Rs. 4,500
C
Rs. 5,050
D
Rs. 5,000
Question 32
A shop keeper bought 16 dozen toys at the rate of Rs. 703.20 per dozen. He sold them with 20% profit on the price he bought. Approximately , at what price did he sell each toy?
A
Rs. 65
B
Rs.75
C
Rs.80
D
Rs.70
Question 33
A chair is bought for Rs. 1950 and sold at Rs. 2340. Find the gain percent.

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A
30%
B
15%
C
25%
D
20%
Question 34
Find the single discount equivalent to a series discount of 20%, 10% and 5%.
A
35.5%
B
31.6%
C
27.5%
D
32.4%
Question 35
A businessman, by means of a false balance defrauds to an extent of 10% in buying goods and 10% in selling goods. Then, by how much percent does he gain?
A
21 %
B
19 %
C
18 %
D
20 %
Question 36
Price of food grains have risen by 10% and of other items of consumption by 15%. If the ratio of an employee's expenditure on food grains and other items is 2:5, by how much should his salary be increased so that he may maintain the same level of consumption as before, assuming that his present salary is Rs. 3500?
A
Rs. 300
B
Rs. 475
C
Rs. 375
D
Rs. 350
Question 37
Ankit expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?
A
Rs. 72
B
Rs. 70
C
Rs. 18.20
D
Rs. 88.25
Question 38
A shopkeeper sells a badminton marked at Rs. 30 at 15% discount and gives a shuttle cock costing Rs. 1.50 free with each badminton. He then makes a profit of 20%. His cost price per badminton is
A
Rs. 20
B
Rs. 30
C
Rs. 35
D
Rs. 25
Question 39
If a pair of shoes is sold at Rs. 972, then profit is 8%. If it is sold at Rs. 872, then there is a loss of
A
Rs. 13
B
Rs. 14
C
Rs. 15
D
Rs. 12
Question 40
Arun purchased a bag with 25% discount on the labelled price. At what percentage profit on the price he bought should he sell it to make 20% profit on the labelled price?
A
50%
B
40%
C
60%
D
45%
Question 41
Satyaprakash got 30% concession on the labelled price of an Jeans and sold it for Rs. 8750 with 25% profit on the price he bought. What was the labelled price?
A
Rs. 10,000
B
Data inadequate
C
Rs. 16,000
D
Rs. 12,000
Question 42
A radio is sold at a gain of 16%. If it had been bought at 10% less and sold for Rs. 14 less; there would have been a gain of 25%. The cost price of the radio is
A
Rs. 400
B
Rs. 375
C
Rs. 500
D
Rs. 500
Question 43
A loss of 5% was suffered by selling a plot for Rs. 4,085. The cost price of the plot was:
A
Rs. 4200
B
Rs. 4259.25
C
Rs. 4300
D
Rs. 4350
Question 44
Ram owns a plot worth Rs. 10,000. He sells it to Shyam at a profit of 10%. After sometime Shyam sells it back to Ram at a 10% loss, then Ram overall
A
gains Rs. 100
B
loses Rs. 900
C
loses Rs. 100
D
gains Rs. 1.100
Question 45
A’ buys a pen for Rs. 4 and sells it for Rs. 5. He calculates his profit first as a percentage of the buying price then as a percentage of the selling price. The difference between these two is
A
5 %
B
10 %
C
15 %
D
20 %
Question 46
By giving a discount of 10% on the marked price of Rs. 1,100 of a Mobile Phone a dealer gains 10%, then the cost price is
A
Rs. 950
B
Rs. 1,050
C
Rs. 900
D
Rs. 1,000
Question 47
Hameed bought a calculator for Rs. 520 and sold it with 15% profit on the price he bought. At what price did he sell the calculator?
A
Rs. 542/-
B
Rs. 528/-
C
Rs. 598/-
D
Rs. 780/-
Question 48
A man sells two horses for Rs. 4000 each neither losing nor gaining in the deal. If he sold one horse at a gain of 25%, the other horse would be sold at a loss of
A
10%
B
12%
C
15%
D
20%
Question 49
If selling price of 16 chairs is same as the cost price of 20 chairs, then there is a
A
gain of 20%
B
loss of 20%
C
loss of 25%
D
gain of 25%
Question 50
A man buys pencils at 10 for Rs. 3 and sells at 8 for Rs. 3. His gain percent is

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A
27
B
20
C
25
D
30
Question 51
In selling an article for Rs. 76, a shopkeeper gains 52%. The gain by selling that for Rs. 74 is
A
50%
B
45%
C
48%
D
49%
Question 52
A shopkeeper purchases 11 pens for Rs. 10 and sells them at the rate of 10 for Rs. 11, then the profit is

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A
18%
B
21%
C
19%
D
20%
Question 53
A man buys an article and sells it at a profit of 20%.If he bought at 20%less and sold it for Rs. 75 less, he would have gained 25%. What is the cost price ?
A
Rs. 350
B
Rs. 375
C
Data inadequate
D
Rs. 425
Question 54
A fruit seller buys lemons at 2 for a rupee and sells them at 5 for three rupees. His gain percent is
A
12%
B
10%
C
20%
D
15%
Question 55
Raju purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?
A
4.5
B
5.6
C
3.5
D
None of these
Question 56
A grocer sells rice at a profit of 10% and uses weights which are 20% less than the marked weight. The total gain earned by him will be

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A
40%
B
35%
C
37.5%
D
45%
Question 57
Rama sold two glass of Juice at Rs. 14 each. On one he gains 20% and on the other loses 20%. Then he made
A
gain of 1%
B
no profit no loss
C
loss of 4%
D
none of these
Question 58
On selling a certain commodity for Rs 425, there is as much gain as loss on selling it for Rs 355. the C.P of the commodity
A
Rs. 400
B
Rs. 390
C
Rs. 385
D
Rs. 370
Question 59
A trader allows two successive discounts of 20% and 10%. if he sells an article for Rs. 108, then the market price of the article is
A
Rs. 150
B
Rs. 142
C
Rs. 140
D
Rs. 148
Question 60
By selling sugar at Rs. 5.58 per kg. a man loses 7%. To gain 7% it must be sold at the rate of Rs. ?
A
6.42 per kg
B
7.32 per kg
C
6.62 per kg
D
5.62 per kg
There are 60 questions to complete.
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