Here is the compilation of all previous year question of profit and loss with answers.
Question : 1 – After two successive discounts of 20% and 35%, an article is sold for Rs 50700. What is the marked price (in Rs) of the article? [08-AUG-2017 Shift-1 ]
Options:
1) 92500
2) 98500
3) 97500
4) 94000
Correct Answer: 97500
Question : 2 – A shopkeeper sells a table at a discount of 20% and earns a profit of 60%. If he sells the same table at 40% discount, then what will be his new profit percent? [ 08-AUG-2017 Shift-2 ]
Options:
1) 20
2) 30
3) 35
4) 40
Correct Answer: 20
Question : 3 – An article is listed at Rs 2375. A man purchases it at two successive discounts of 50% and 25% and spends Rs 165 on repairing of article. If he sells the article at a profit of 62.5%, then what is the selling price (in Rs) of the article? [ 08-AUG-2017 Shift-3 ]
Options:
1) 1467.6
2) 1492.6
3) 1715.39
4) 1467.6
Correct Answer: 1715.39
Question : 4 The marked price of a sofa set is Rs 4800 which is sold at Rs 3672 at two successive discounts. If the first discount is 10%, then what will be the second discount (in %)? [ 09-AUG-2017 Shift-1 ]
Options:
1) 13
2) 14
3) 15
4) 17
Correct Answer: 15
Question : 5 – If two successive discounts of 50% and 10% are offered, then what is the net discount (in %)? [09-AUG-2017 Shift-2 ]
Options:
1) 50
2) 55
3) 60
4) 65
Correct Answer: 55
Question : 6 – If two successive discounts of 20% and 30% are given, then what is the net discount (in %)? [09-AUG-2017 Shift-3]
Options:
1) 40
2) 44
3) 56
4) 60
Correct Answer: 44
Question : 8 After two successive discounts of 20% and 12% an article is sold for Rs 16896. What is the marked price (in Rs) of the article?[10-AUG-2017 Shift-1 ]
Options:
1) 21500
2) 23800
3) 22000
4) 24000
Correct Answer: 24000
Question:9) After a discount of 23% an article is sold for Rs 1848. What is the marked price (in Rs) of the article?[ 11-AUG-2017 Shift-2]
Options:
1) 2150
2) 2275
3) 2350
4) 2400
Correct Answer: 2400
Question:10) A trader sells two items at the rate of Rs 400 each. If he gains 15% on one and losses 15% on other, then what is the value (in Rs) of loss ?[ 11-AUG-2017 Shift-2]
Options:
1) 18.41
2) 22.14
3) 20.25
4) 24.36
Correct Answer: 18.41
Question:11) A shopkeeper allows 25% discount on the marked price of an article and he suffered a loss of 15%. What will be the profit percent if the article is sold at marked price?[11-AUG-2017 Shift-3]
Options:
1) 11.76
2) 12.12
3) 13.33
4) 14.28
Correct Answer: 13.33
Question:12) A man gains 15% by selling a calculator for a certain price. If he sells it at the triple the price, then what will be the profit percentage?[11-AUG-2017 Shift-3]
Options:
1) 125
2) 175
3) 225
4) 245
Correct Answer: 245
Question:13) What will be the net discount (in %) of two successive discounts of 15% and 35%?[12-AUG-2017 Shift-1]
Options:
1) 44.75
2) 51.25
3) 55.25
4) 56.25
Correct Answer: 44.75
Question:14)Due to increase of 33.33% in the price of apples, a customer can purchase 4 apples less for Rs 16. What is the original price (in paise) of an apple?[12-AUG-2017 Shift-1]
Options:
1) 100
2) 125
3) 150
4) 400/3
Correct Answer: 100
Question:15) What will be the net discount percentage of three successive discounts of 20%, 10% and 30%?[12-AUG-2017 Shift-2]
Options:
1) 45.2
2) 49.6
3) 54.6
4) 50.4
Correct Answer: 49.6
Question:16)A person sold his pen for Rs 24 and his profit percentage was numerically equal to the cost price. What was the cost price (in Rs) of the pen?[12-AUG-2017 Shift-2]
Options:
1) 12
2) 14
3) 16
4) 20
Correct Answer: 20
Question:17)A dealer sells a machine having marked price as Rs 3840 at a discount of 20%. What is the selling price (in Rs) of the machine?[12-AUG-2017 Shift-3]
Options:
1) 3072
2) 3500
3) 4608
4) 3240
Correct Answer: 3072
Question:18)Profit obtained on selling an article for Rs 540 is equal to the loss incurred on selling the article for Rs 370. If selling price is Rs. 910, then what is the profit percentage?[12-AUG-2017 Shift-3]
Options:
1) 25
2) 75
3) 50
4) 100
Correct Answer: 100
Question:19)The marked price of a shirt is Rs 1280. If the shirt is being sold for Rs 900, then what is the discount percentage?16-AUG-2017 Shift-1[16-AUG-2017 Shift-1]
Options:
1) 31.31
2) 25.57
3) 29.68
4) 34.36
Correct Answer: 29.68
Question:21)The marked price of an article is 40% more than its cost price. If 15% discount is given on the marked price, then what will be the profit percentage?[16-AUG-2017 Shift-2]
Options:
1) 25
2) 15
3) 21
4) 19
Correct Answer: 19
Question:22)If the cost price of 48 articles is equal to the selling price of 32 articles, then what is the profit percentage?[16-AUG-2017 Shift-2]
Options:
1) 20
2) 25
3) 50
4) 75
Correct Answer: 50
Question:23) 254 – A trader allowed a discount of 15% on a trolley bag having list price of Rs 1360 and earns a profit of 15.6%. What is the cost price (in Rs) of the trolley bag?[16-AUG-2017 Shift-3]
Options:
1) 1000
2) 1005
3) 1050
4) 1156
Correct Answer: 1000
Question:24) By selling 90 pens for Rs 80 a man loses 20%. What should be the selling price (in Rs) of 90 pens for 20% profit?[16-AUG-2017 Shift-3]
Options:
1) 90
2) 100
3) 110
4) 120
Correct Answer: 120
Question:25)If on a Sale there is 30% discount on the marked price of Rs 2500, but the sale is done at Rs 1400 only. What additional discount (in %) did the customer get?[17-AUG-2017 Shift-1]
Options:
1) 10
2) 20
3) 15
4) 25
Correct Answer: 20
Question:26)If a saree is sold for Rs 1900 the seller will face 5% loss, at what price (in Rs) should he sell the saree to gain 15% profit?[17-AUG-2017 Shift-1]
Options:
1) 2200
2) 2400
3) 2500
4) 2300
Correct Answer: 2300
Question:27) If a shopkeeper sells an item at Rs 4200 which is marked as Rs 4800, then what is the discount (in %) that he is offering?[17-AUG-2017 Shift-2]
Options:
1) 12.5
2) 14.28
3) 10
4) 15
Correct Answer: 12.5
Question:28) A trader buys 800 kgs of tomatoes for Rs 7200. 10% tomatoes are damaged in transportaion. At what rate (Rs/Kg) should he sell the rest to earn 30% profit?[17-AUG-2017 Shift-2]
Options:
1) 9
2) 13
3) 10
4) 12
Correct Answer: 13
Question:29) A shopkeeper by selling 21 items earns a profit equal to the selling price of 1 item. What is his profit percentage?[17-AUG-2017 Shift-3]
Options:
1) 5.5
2) 2.2
3) 2
4) 5
Correct Answer: 5
Question:30)A trader had 960 kgs of rice. He sold a part of it at 20% profit and the rest at 8% profit, so that he made a total profit of 12%. How much rice (in kgs) did he sell at 8% profit?[18-AUG-2017 Shift-1]
Options:
1) 460
2) 560
3) 540
4) 640
Correct Answer: 640
Question:30) If the selling price of an item is Rs 9750 after getting a discount of 25%, then what was its marked price (in Rs)?[18-AUG-2017 Shift-2]
Options:
1) 13000
2) 12187
3) 14000
4) 13187
Correct Answer: 13000
Question:31) A shopkeeper marks up his wares by 60% and offers 10% discount. What will be the selling price (in Rs) if the cost price is Rs 7500?[18-AUG-2017 Shift-3]
Options:
1) 11800
2) 12800
3) 13800
4) 10800
Correct Answer: 10800
Question:32)If a wholesaler, sells a box of chocolates at Rs 960 he gains 20%. Now if he decides to sell it at Rs 1120, what is his profit percentage?[19-AUG-2017 Shift-1]
Options:
1) 30
2) 40
3) 50
4) 60
Correct Answer: 40
Question:33)A wholesaler sells a jacket to a retailer at a profit of 5% and the retailer sells it to a customer at a profit of 10%. If the customer pays Rs. 4158, what had it cost (in Rs) to the wholesaler?[19-AUG-2017 Shift-3]
Options:
1) 3500
2) 3400
3) 3300
4) 3600
Correct Answer: 3600
Question:34) A shopkeeper by selling 5 items, earns a profit equal to the selling price of 1 item. What is his profit percentage?[20-AUG-2017 Shift-1]
Options:
1) 20%
2) 25%
3) 16%
4) 22.5%
Correct Answer: 25%
Question:35) A farmer buys a goat and a sheep for Rs 3500. He sold the sheep at a profit of 20 percent and the goat at a loss of 10 percent. If he sold both the animals at the same price, then the cost price (in Rs) of the cheaper animal was?[20-AUG-2017 Shift-2]
Options:
1) 2000
2) 1500
3) 1750
4) 2250
Correct Answer: 1500
Question:36) A trader buys 500 kgs of cotton for Rs 9,000. 10% of this cotton is spoiled due to rain. At what rate (Rs/Kg) should he sell the rest to earn 10% profit?[20-AUG-2017 Shift-3]
Options:
1) 25
2) 30
3) 22
4) 20
Correct Answer: 22
Question:37) If a vendor sells apples at Rs 170 per kg he suffers 15% loss. If he sells at Rs 230 per kg, then what is his profit percentage?[18-AUG-2017 Shift-2]
Options:
1) 15
2) 10
3) 5
4) 20
Correct Answer: 15
Question:38) What is the effective discount (in %) on two successive discounts of 20% and 10%?[17-AUG-2017 Shift-3]
Options:
1) 30
2) 32
3) 35
4) 28
Correct Answer: 28
Question:39)At 10% discount the selling price of an article is Rs 4500, what is the selling price (in Rs) if the discount is 27.5%?[18-AUG-2017 Shift-1]
Options:
1) 4000
2) 3625
3) 3500
4) 3125
Correct Answer: 3625
Question:40)A vendor buys 12 bananas for Rs 60 and sells 5 bananas for Rs 32. What will be his gain (in %)?[18-AUG-2017 Shift-3]
Options:
1) 28
2) 32
3) 24
4) 22
Correct Answer: 28
Question:41) A Rs 100 shirt is offered at 10% discount and a Rs 300 pair of trousers at 20% discount. If Pritam bought 1 shirt and 3 pairs of trousers, what is the effective discount (in %) he got?[19-AUG-2017 Shift-1]
Options:
1) 19
2) 18
3) 17
4) 16
Correct Answer: 19
Question:42) A milkman buys milk at Rs 24 per litre. He adds 1/5 of water to it and sells the mixture at Rs 32 per litre. What will be his gain (in %)?[19-AUG-2017 Shift-2]
Options:
1) 50
2) 40
3) 30
4) 60
Correct Answer: 60
Question:43) If 2 T-shirts are offered free on purchase of 5 T-shirts, what is the effective discount (in %) on each T-shirt?[19-AUG-2017 Shift-3]
Options:
1) 40
2) 20
3) 30
4) 50
Correct Answer: 40
Question:44)What is the effective discount on two successive discounts of 20% and 25%?[20-AUG-2017 Shift-1]
Options:
1) 45%
2) 40%
3) 50%
4) 60%
Correct Answer: 40%
Question:45)If a retailer offers a discount of 20% on the marked price of his goods and thus ends up selling at cost price, what was the % mark up?[20-AUG-2017 Shift-2]
Options:
1) 20
2) 25
3) 30
4) 40
Correct Answer: 25
Question:46)What is the effective discount (in %) on two successive discounts of 15% and 50%?[21-AUG-2017 Shift-1]
Options:
1) 65
2) 57.5
3) 35
4) 42.5
Correct Answer: 57.5
Question:47)The cost price of an article is x. It is marked up by 150%. It is sold at Rs 600 after giving 40% discount. What is x (in Rs)?[21-AUG-2017 Shift-2]
Options:
1) 400
2) 666
3) 300
4) 444
Correct Answer: 400
Question:48)A dishonest dealer professes to sell his goods at cost price but uses a weight of 875 gms for the kilogram weight. His gain in percentage is?[7 September 2016- Morning Shift]
Options:
1) 17 %
2) 14 2/7 %
3) 14 5/7 %
4) 14 %
Correct Answer: 14 2/7 %
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