
Q1
Q1 If the cost price of a Laptop is $983 and the selling price of Laptop is $1000, find the profit/loss for seller.
(+17)
(+18)
(-17)
Data Insufficient
Q2
Q2 A mechanic buys an old car which is worth Rs.20000, and he spends Rs.5700 on repairing and damaging. If he sells that car for Rs.35000, find the profit/loss gain and its percent.
36.2
0.3618
0.362
36.1
Q3
Q3 A shopkepper sells toothpaste at Rs.200, and he gains profit of 2% on it. Find the ratio of profit by profit gain.
2:4
2:1
3.92:2
2:3.92
Q4
Q4 In a fish market, a man buys fish which is worth Rs.58000 from fisherman, but fisherman faces a loss of Rs.2500, and that person sells that fishes in supermarket for Rs.65000. What is the loss percentage of fisherman
0.41
4.13
0.4
0.415
Q5
Q5 In a fish market, a man buys fish which is worth Rs.58000 from fisherman, but fisherman faces a loss of Rs.2500, and that person sells that fishes in supermarket for Rs.65000. What is profit earned by the man.
6000
7000
8000
9000
Q6
Q6 In a fish market, a man buys fish which is worth Rs.58000 from fisherman, but fisherman faces a loss of Rs.2500, and that person sells that fishes in supermarket for Rs.65000. Find the ratio of product of profit of man and loss% of fisherman is to loss of fisherman and profit% of man.
30175:28910
1:1.04
30175:1
1.04:28910
Q7
Q7 A broker sells two properties for Rs.1Cr. On one he gains 25% and on the other he loses 25 %. What is his loss or gain percent?
10%
1024%
10.24%
102.4%
Q8
Q8 If selling price is doubled, the profit triples. Find the profit percent.
100
200
300
400
Q9
Q9 The cost price of 34 pens is same as selling price of x pens. If the loss is 25%, then what is the value of x ?
45.34
45.10
46
45
Q10
Q10 If a retailer marks up his price by 17 % and then allows a 17 % discount, what is his percentage profit or loss?
3%
0.3%
0.03%
2.89%
Practice Profit and Loss Questions & Answers
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Importance: High
Difficulty level: 3 out of 5 (Normal)
Examination- SSC, Banking, GMAT, GRE, SAT, CAT, etc.
Parent section: Quantitative Aptitude
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