This Aptitude Practice set include questions on Profit and Loss that can be asked in SSC, IBPS RRB, IBPS PO, IBPS CLERK.

1.By selling an article for Rs. 100, one gains Rs. 10. Then the gain percent is:

A.10%

B.9%

C.11%

D.10%

2.A loss of 5% was suffered by selling a plot for Rs. 4,085. The cost price of the plot was:

A.Rs.4350

B.Rs.4259.25

C.Rs.4200

D.Rs.4300

3.A dealer sold a mixer for Rs. 420 at a loss of 12.5%. At what price should he have sold it to gain 12.5%?

A.Rs.620

B.Rs.540

C.Rs.650

D.Rs.750

4.On selling 33m. of cloth, a person gained an amount equivalent to the S.P. of 11m. of cloth. The profit in the deal is

A.50%

B.20%

C.70%

D.30%

5.There are two consecutive discounts of 35% and 10% on a saree. If a person paid Rs. 1170 for that, then what was the original price of the saree before the discounts?

A.Rs.2,000

B.Rs.1,800

C.Rs.1,900

D.Rs.1,700

6.A dishonest dealer claims to sell his goods at cost price, but he uses a weight of 960 gm for the kg weight. His gain percent is

A.4 %

B.4%

C.2%

D.3%

7.By selling a vehicle for Rs. 36,300, a person gains 21% profit. What was his gain in Rupees?

A.Rs.3,000

B.Rs.7,623

C.Rs.3,600

D.Rs.6,300

8.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. 598/-

B.Rs. 542/-

C.Rs. 528/-

D.Rs. 780/-

9.Ramesh purchased four old cycles at the rate of Rs. 625 for each. He spent Rs. 175 on each cycle for repairing and painting. At what price should he sell each cycle in order to make 35% profit on the money he spent?

A.Rs. 1,019

B.Rs. 1,000

C.Rs. 1,080

D.Rs. 844

10.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?

A.Rs.50

B.Rs.70

C.Rs.40

D.Rs.80

11.Ravi buys a radio three-fourth of its value and sells it for 20% more than its value. What will be the profit percent?

A.50%

B.40%

C.60%

D.70%

12.A man buys pencils at 10 for Rs. 3 and sells at 8 for Rs. 3. His gain percent is

A.20

B.25

C.30

D.27

13.A fruit seller buys lemons at 2 for a rupee and sells them at 5 for three rupees. His gain percent is

A.10%

B.15%

C.20%

D.12%

14.Toffee are bought at a rate of 8 for one rupee. To gain 60% they must be sold at

A.6 for Re. 1

B.5 for Re. 1

C.9 for Re. 2

D.24 for Re.5

15.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.5.62 per kg

B.6.42 per kg

C.7.32 per kg

D.6.62 per kg

16.A tradesman’s prices are 20% above C.P. He allows his customers some discount on his bill and makes a profit of 8%. The rate of discount is :

A.10%

B.12%

C.14%

D.16%

17.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.488

B.Rs.480

C.Rs.460

D.Rs.420

18.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.2250

B.Rs.2350

C.Rs.2500

D.Rs.2550

19.Pradeep bought a toy with 20% discount on its labelled price. He sold it for Rs. 468 at 4% profit on the labelled price. At what price did he by the toy ?

A.Rs.450

B.Rs.360

C.Rs.390

D.Rs.380

20.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.60%

B.40%

C.45%

D.50%