CAT Profit and Loss — practice questions
15 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CAT Profit and Loss in the app →An item is bought for ₹400 and sold for ₹480. Find the gain percent.A shopkeeper sells an item at a profit of $25\%$. If the cost price is ₹$240$, find the selling price.A trader sold an article for ₹$828$ at a loss of $8\%$. At what price should he sell it to gain $12\%$?By selling $33$ metres of cloth a man gains the cost price of $11$ metres of cloth. Find his gain percent.A shopkeeper sells two TVs for ₹$9600$ each. On one he gains $20\%$; on the other he loses $20\%$. What is hisA dishonest dealer claims to sell his goods at cost price but uses a weight of $950$ g in place of $1$ kg. WhaA vendor bought a cycle for ₹2,500 and sold it for ₹3,000. What is his profit percentage?A bookstore wants a 30% profit on a book that cost ₹500. At what price should the book be sold?A vendor sells an item at ₹880 making a 10% loss. What was the cost price?A shopkeeper marks goods 40% above cost and then offers a 10% discount. His profit percentage is:If the cost price of 12 articles equals the selling price of 10 articles, the profit percentage is:A mall offers '25% off + extra 20% off'. What is the single discount equivalent?A vendor sells two pens at the same price. On one he makes 20% profit, on the other he makes 20% loss. His netA book costs ₹400 and is marked at ₹500. What is the maximum discount the seller can offer while still breakinA vendor mixes 20 kg of dal at ₹60/kg with 30 kg at ₹80/kg. He sells the mixture at ₹85/kg. His profit percent