Profit and Loss Questions for Competitive Exams

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Today we are presenting some important Profit & Loss questions for Bank exams. It is one of the most important chapters in the whole syllabus and questions from this chapter are frequently asked in all types of exams. Sterling Education is the finest Coaching Institute for SSC exams in Jaipur.

1). By selling 12 toffees for a rupee, a man loses 20 %. How many for a rupee should he sell to get a gain of 20 %.

a). 5 b). 8 c). 10             d). 15

2). A makes an article for Rs. 120 and sells it to B at a profit of 25 %. B sells it to C who sells it for Rs. 198, making a profit of 10 %. What profit percent did B make?

a). 25 % b). 20 %   c). 16.66 % d). 15 %

3). A fair shopkeeper takes 10 % profit in his goods. He lost 20 % goods during theft. His loss percent is:

a). 8 b). 10 c). 11 d). 12

4). A shopkeeper professes to sell his goods at cost price but uses a weight of 800 gm instead of kilogram weight. Thus, he makes a profit of:

a). 20 % b). 162/3 % c). 25 % d). None of these

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5). A man buys an article for 10 % loss than its value and sells it for 10 % more than its value. His gain or loss percent is:

a). no gain, no loss
b). 20 % gain 

c). less than 20 % gain

d). more than 20 % gain

6). If 5 % more is earned by selling an article for Rs. 350 than by selling it for Rs. 340, the cost price of the article is:

a). Rs. 50 b). Rs. 160 c). Rs. 200 d). Rs. 225

7). A person bought two bicycles for Rs. 1600 and sold the first at 10 % profit and second at 20 % profit. If he sold the first at 20 % profit and second at 10 % profit, he would get Rs. 5 more. The difference in the cost price of the two bicycles was:

a). Rs. 25 b). Rs. 75 c). Rs. 50 d). Rs. 40

8). A dealer offered a machine for sale at Rs. 27500, but even if he had charged 10 % less, he would have made a profit of 10 %. The actual cost of the machine is:

a). Rs. 22000 b). Rs. 24250 c). Rs. 22500 d). Rs. 22275

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9). A trader sells wheat at 20 % profit and uses weight 20 % less than the actual measure. His gain percent is:

a). 35 % b). 38 % c). 48 % d). 50 %

10). An article when sold at a gain of 5 % yields Rs. 15 more than when sold at a loss of 5 %. The cost price of the article would be:

a). Rs. 150 b). Rs. 200 c). Rs. 250 d). Rs. 300

Sterling Education is the best institute for Bank and SSC Coaching in Jaipur.

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