Profit and loss RRB (Railways) MCQ Questions With Answers Quiz

22.

Even after a discount of x% on marked price a trader gains by y%. What is the mark up percentage over the cost price?

\(\frac{{x + y}}{y} \times 100\)

\(\frac{{x + 100}}{{y - 100}}\)

\(\frac{{\left( {100 - x} \right)}}{{x + y}} \times 100\)

\(\frac{{x + y}}{{\left( {100 - x} \right)}} \times 100\)

1.

A man buys an item at Rs. 1400 and sells it at a gain of 20%.The selling price is

2.

A wholesaler purchased 7 pair of clips for a rupee. How many pair for a rupee must he sell to get profit of 40%?

3.

If the profit on selling an article for Rs.240 is the same as the loss on selling it for Rs.160, then the cost price of the article is

4.

Ayaan invested Rs. 40,000 and Aagam invested Rs. 30,000 for 2 years in a common business. After 2 years, they earned Rs. 35,000 as a profit, find the half of the share of Aagam in profit?

5.

A grocery dealer cheats to the extent of 5% while buying as well as selling by using false weight. What is his profit %?

6.

A dishonest fruit vendor sells his goods at cost price but he uses a Weight of 800 g for the kg. weight. His gain percent is:

7.

Mohan invested Rs. 100,000 in a garment business. After few months, Sohan joined him with Rs. 40000. At the end of the year, the total profit was divided between them in ratio 3 : 1. After how many months did Sohan join the business?

8.

Jugnu, a dishonest milk seller has certain quantity of milk to sell. Find the approximate ratio he should mix water to gain 5% by selling the mixture at the cost price?

9.

Atul bought an article, paying 5% less than the original price and sold it with 20% profit on the price he had paid. What percent of profit did he earn on the original price?

10.

A shopkeeper by selling 17 Omega watches, earns a profit equal to the selling price of 7 Omega watches. What is his profit percentage?

11.

K purchased a table for Rs.11,000 and sold it for Rs. 13,500. What is his gain in percentage?

12.

If the successive discounts be 30%, 25% and 10%, then the single equivalent rate of discount is

13.

A shopkeeper sold 15 chocolates at a profit of 30% and 10 chocolates at a profit of 10%. If he had sold all the 25 chocolates at the profit of 20%, then his profit would have been reduced by Rs. 44. What is the cost price of each chocolate?

14.

A shopkeeper sales one transistor for Rs. 910 at a gain of 30% and another for Rs. 940 at a loss of 6%. His total loss or gain per cent is

15.

A bookseller bought 100 copies of a book and marked its price at 40% above the cost price. He sold 40 books giving a discount of 10% and the remaining at a discount of 20%. What is his overall profit percentage?

16.

If chocolates are bought at the rate of 7 for Rs. 6, at what rate per hundred must they be sold to gain 33%?

17.

A shopkeeper cheats to the extent of 8% while buying and selling fruits, by using tampered weights, his total gain in percentage is :

18.

Deepak sells all his goods available in his shop at the cost price, but he cheats his customer and gives 20% less goods as he should give. Find his % profit.

19.

A merchant purchases a watch for Rs. 560 and ﬁxes its marked price in such a way that even after allowing a discount of 20%, he earns a proﬁt of 40%. What is the marked price (in Rs) of the watch?

20.

A began business with Rs. 45,000 and was later joined by B with Rs. 54,000. When did B join if the profit at the end of the year were divided in the ratio 2 : 1?

21.

Ram sold a table for Rs. 220 and thus lost 12%. At what price he should have sold it to gain 12%?

22.

Even after a discount of x% on marked price a trader gains by y%. What is the mark up percentage over the cost price?

23.

What should be Raju’s marking price of a pair of shoes which costs him Rs. 1500 so as to gain 15% after allowing 25% discount?

24.

An article was sold for Rs. 2100 at a profit of 25%. What is its cost price?

25.

A father purchased a piece of land for Rs. 18 lakh and spent Rs. 3 lakh for registration, fencing etc. He sold it for Rs. 24.57 lakh. Find his profit in percentage?

26.

Selling price of 9 articles is equal to the cost price of 15 articles. Find the gain or loss percent in the transaction.

27.

At what percentage above the cost price, the price of a product should be marked such that after a discount of 10%, a profit of 8% can be earned?

28.

A vendor buys 4 pens at the rate of Rs 5 per pen and sells them at the rate of Rs 3 per pen. What will be the result of this transaction?

29.

The total cost of 90 articles is Rs. 5400. If 70 such articles are sold at a total price of Rs. 5040, then there is

30.

J, K and L started a business. Twice the investment of J is equal to five times the investment of K, and the investment of K is twice the investment of L. Find the share of J in a profit of Rs. 16800?

Time

1. A man buys an item at Rs. 1400 and sells it at a gain of 20%.The selling price is

2. A wholesaler purchased 7 pair of clips for a rupee. How many pair for a rupee must he sell to get profit of 40%?

3. If the profit on selling an article for Rs.240 is the same as the loss on selling it for Rs.160, then the cost price of the article is

4. Ayaan invested Rs. 40,000 and Aagam invested Rs. 30,000 for 2 years in a common business. After 2 years, they earned Rs. 35,000 as a profit, find the half of the share of Aagam in profit?

5. A grocery dealer cheats to the extent of 5% while buying as well as selling by using false weight. What is his profit %?

6. A dishonest fruit vendor sells his goods at cost price but he uses a Weight of 800 g for the kg. weight. His gain percent is:

7. Mohan invested Rs. 100,000 in a garment business. After few months, Sohan joined him with Rs. 40000. At the end of the year, the total profit was divided between them in ratio 3 : 1. After how many months did Sohan join the business?

8. Jugnu, a dishonest milk seller has certain quantity of milk to sell. Find the approximate ratio he should mix water to gain 5% by selling the mixture at the cost price?

9. Atul bought an article, paying 5% less than the original price and sold it with 20% profit on the price he had paid. What percent of profit did he earn on the original price?

10. A shopkeeper by selling 17 Omega watches, earns a profit equal to the selling price of 7 Omega watches. What is his profit percentage?

11. K purchased a table for Rs.11,000 and sold it for Rs. 13,500. What is his gain in percentage?

12. If the successive discounts be 30%, 25% and 10%, then the single equivalent rate of discount is

13. A shopkeeper sold 15 chocolates at a profit of 30% and 10 chocolates at a profit of 10%. If he had sold all the 25 chocolates at the profit of 20%, then his profit would have been reduced by Rs. 44. What is the cost price of each chocolate?

14. A shopkeeper sales one transistor for Rs. 910 at a gain of 30% and another for Rs. 940 at a loss of 6%. His total loss or gain per cent is

15. A bookseller bought 100 copies of a book and marked its price at 40% above the cost price. He sold 40 books giving a discount of 10% and the remaining at a discount of 20%. What is his overall profit percentage?

16. If chocolates are bought at the rate of 7 for Rs. 6, at what rate per hundred must they be sold to gain 33%?

17. A shopkeeper cheats to the extent of 8% while buying and selling fruits, by using tampered weights, his total gain in percentage is :

18. Deepak sells all his goods available in his shop at the cost price, but he cheats his customer and gives 20% less goods as he should give. Find his % profit.

19. A merchant purchases a watch for Rs. 560 and ﬁxes its marked price in such a way that even after allowing a discount of 20%, he earns a proﬁt of 40%. What is the marked price (in Rs) of the watch?

20. A began business with Rs. 45,000 and was later joined by B with Rs. 54,000. When did B join if the profit at the end of the year were divided in the ratio 2 : 1?

21. Ram sold a table for Rs. 220 and thus lost 12%. At what price he should have sold it to gain 12%?

22. Even after a discount of x% on marked price a trader gains by y%. What is the mark up percentage over the cost price?

23. What should be Raju’s marking price of a pair of shoes which costs him Rs. 1500 so as to gain 15% after allowing 25% discount?

24. An article was sold for Rs. 2100 at a profit of 25%. What is its cost price?

25. A father purchased a piece of land for Rs. 18 lakh and spent Rs. 3 lakh for registration, fencing etc. He sold it for Rs. 24.57 lakh. Find his profit in percentage?

26. Selling price of 9 articles is equal to the cost price of 15 articles. Find the gain or loss percent in the transaction.

27. At what percentage above the cost price, the price of a product should be marked such that after a discount of 10%, a profit of 8% can be earned?

28. A vendor buys 4 pens at the rate of Rs 5 per pen and sells them at the rate of Rs 3 per pen. What will be the result of this transaction?

29. The total cost of 90 articles is Rs. 5400. If 70 such articles are sold at a total price of Rs. 5040, then there is

30. J, K and L started a business. Twice the investment of J is equal to five times the investment of K, and the investment of K is twice the investment of L. Find the share of J in a profit of Rs. 16800?

Time

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1.

A man buys an item at Rs. 1400 and sells it at a gain of 20%.The selling price is

2.

A wholesaler purchased 7 pair of clips for a rupee. How many pair for a rupee must he sell to get profit of 40%?

3.

If the profit on selling an article for Rs.240 is the same as the loss on selling it for Rs.160, then the cost price of the article is

4.

Ayaan invested Rs. 40,000 and Aagam invested Rs. 30,000 for 2 years in a common business. After 2 years, they earned Rs. 35,000 as a profit, find the half of the share of Aagam in profit?

5.

A grocery dealer cheats to the extent of 5% while buying as well as selling by using false weight. What is his profit %?

6.

A dishonest fruit vendor sells his goods at cost price but he uses a Weight of 800 g for the kg. weight. His gain percent is:

7.

Mohan invested Rs. 100,000 in a garment business. After few months, Sohan joined him with Rs. 40000. At the end of the year, the total profit was divided between them in ratio 3 : 1. After how many months did Sohan join the business?

8.

Jugnu, a dishonest milk seller has certain quantity of milk to sell. Find the approximate ratio he should mix water to gain 5% by selling the mixture at the cost price?

9.

Atul bought an article, paying 5% less than the original price and sold it with 20% profit on the price he had paid. What percent of profit did he earn on the original price?

10.

A shopkeeper by selling 17 Omega watches, earns a profit equal to the selling price of 7 Omega watches. What is his profit percentage?

11.

K purchased a table for Rs.11,000 and sold it for Rs. 13,500. What is his gain in percentage?

12.

If the successive discounts be 30%, 25% and 10%, then the single equivalent rate of discount is

13.

A shopkeeper sold 15 chocolates at a profit of 30% and 10 chocolates at a profit of 10%. If he had sold all the 25 chocolates at the profit of 20%, then his profit would have been reduced by Rs. 44. What is the cost price of each chocolate?

14.

A shopkeeper sales one transistor for Rs. 910 at a gain of 30% and another for Rs. 940 at a loss of 6%. His total loss or gain per cent is

15.

A bookseller bought 100 copies of a book and marked its price at 40% above the cost price. He sold 40 books giving a discount of 10% and the remaining at a discount of 20%. What is his overall profit percentage?

16.

If chocolates are bought at the rate of 7 for Rs. 6, at what rate per hundred must they be sold to gain 33%?

17.

A shopkeeper cheats to the extent of 8% while buying and selling fruits, by using tampered weights, his total gain in percentage is :

18.

Deepak sells all his goods available in his shop at the cost price, but he cheats his customer and gives 20% less goods as he should give. Find his % profit.

19.

A merchant purchases a watch for Rs. 560 and ﬁxes its marked price in such a way that even after allowing a discount of 20%, he earns a proﬁt of 40%. What is the marked price (in Rs) of the watch?

20.

A began business with Rs. 45,000 and was later joined by B with Rs. 54,000. When did B join if the profit at the end of the year were divided in the ratio 2 : 1?

21.

Ram sold a table for Rs. 220 and thus lost 12%. At what price he should have sold it to gain 12%?

22.

Even after a discount of x% on marked price a trader gains by y%. What is the mark up percentage over the cost price?

23.

What should be Raju’s marking price of a pair of shoes which costs him Rs. 1500 so as to gain 15% after allowing 25% discount?

24.

An article was sold for Rs. 2100 at a profit of 25%. What is its cost price?

25.

A father purchased a piece of land for Rs. 18 lakh and spent Rs. 3 lakh for registration, fencing etc. He sold it for Rs. 24.57 lakh. Find his profit in percentage?

26.

Selling price of 9 articles is equal to the cost price of 15 articles. Find the gain or loss percent in the transaction.

27.

At what percentage above the cost price, the price of a product should be marked such that after a discount of 10%, a profit of 8% can be earned?

28.

A vendor buys 4 pens at the rate of Rs 5 per pen and sells them at the rate of Rs 3 per pen. What will be the result of this transaction?

29.

The total cost of 90 articles is Rs. 5400. If 70 such articles are sold at a total price of Rs. 5040, then there is

30.

J, K and L started a business. Twice the investment of J is equal to five times the investment of K, and the investment of K is twice the investment of L. Find the share of J in a profit of Rs. 16800?