Latest Profit & loss question answers for competitive exams
In this article, we provided the Profit and Loss Question Answer 2022. The Profit and Loss questions and answers are mostly asked in all competitive exams. Eg:- Union Public Service Commission, State Public Service Commission, Staff Selection Commission, Railway Recruitment Board, etc. In this, questions related to the Profit and Loss Questions Answers are asked.
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profit loss questions pdf download
Here four options are given for each question. Out of which one option is correct. You have to choose the correct option. Similar questions are asked in the exam also. So read and memorize these questions again and again. You can visit and prepare for your competitive exams freely conveniently. Candidates or students prepare here with the help of these online questions and answer free mock test online tests. You can evaluate your general awareness questions preparation skills by trying the online test exams and know your score.
1. A man buys a product for Rs 250 and sells it for Rs 300. Find his gain percent.
(A) 10%
(B) 20%
(C) 15%
(D) 5%
2. If a cycle is purchased for Rs 250 and sold for Rs 2200. Find the loss percent.
(A) 12%
(B) 10%
(C) 15%
(D) 8%
3. A person incurs 8% loss selling a watch for Rs 1650. At what price should the water be sold to earn 10 % profit?
(A) Rs. 1750
(B) Rs. 1800
(C) Rs. 1925
(D) Rs. 1900
4. Mohan buys n old scooter for Rs 5500 and spends Rs 1200 on its repairs. If he sells the scooter for Rs 7200. What will be his gain percent?
(A) 8%
(B) 10%
(C) 6%
(D) 7.5%
5. Mohan buys an old scooter for Rs 5500 and spends Rs 1200 on its repairs. If he sells the scooter for Rs 5200. What will be his loss percent?
(A) 22%
(B) 20%
(C) 25%
(D) 18%
Profit & loss questions and answers 2022
6. If the cost price is 90% of the selling price, then what is the profit percent?
(A) 5.25%
(B) 4.44%
(C) 3.86%
(D) 11.11%
7. A vender bought apples at 10 for Rs 15 and sold than at 8 for Rs 10. Find his gain or loss percent.
(A) 16.67%
(B) 15%
(C) 20%
(D) 12.5%
8. A shopper purchased 50 kg of rice at Rs 22 per kg and mixed it with 80 kg rice at Rs 28 per kg. At what rate should he sell the mixture to gain 20%?
(A) Rs. 30.8 per kg
(B) Rs. 32 per kg
(C) Rs. 34 per kg
(D) Rs. 35 per kg
9. Monika purchased a pressure cooker at the of its selling price and sold it at 8% more than its S.P. Find her gain percent.
(A) 15%
(B) 10%
(C) 20%
(D) 18%
10. A tradesman sold a product at a loss of 15%. If the selling price had been increased by Rs. 200, there would have been a gain of 5%. What was the cost price of the product?
(A) Rs. 1000
(B) Rs. 1100
(C) Rs. 900
(D) Rs. 1200
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