alleryStart learning →An item is bought for ₹400 and sold for ₹480. Find the gain percent.
- $15\%$
- $20\%$
- $25\%$
- $30\%$
Show answer and solution
Correct answer: B. $20\%$
Gain $= 480 - 400 = 80$.
Gain $\% = \dfrac{80}{400} \times 100 = 20\%$.
DSSSB TGT Profit and Loss — practice questions
Explore 40 free Profit and Loss questions in DSSSB TGT Quantitative Aptitude. Open each question or exercise to read its content, reference answers and available explanation.
Practise Profit and Loss with Quill →Profit and Loss questions and exercises with answers
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An item is bought for ₹400 and sold for ₹480. Find the gain percent.Read the answer and worked solution →A shopkeeper sells an item at a profit of $25\%$. If the cost price is ₹$240$, find the selling price.Read the answer and worked solution →A trader sold an article for ₹$828$ at a loss of $8\%$. At what price should he sell it to gain $12\%$?Read the answer and worked solution →By selling $33$ metres of cloth a man gains the cost price of $11$ metres of cloth. Find his gain percent.Read the answer and worked solution →A dishonest dealer claims to sell his goods at cost price but uses a weight of $950$ g in place of $1$ kg. What is his gain percent?Read the answer and worked solution →Complete the definition of discountRead the answer and worked solution →Discount worked outRead the answer and worked solution →Which price does this belong to?Read the answer and worked solution →True or false: overhead expensesRead the answer and worked solution →Complete the sales tax ruleRead the answer and worked solution →True or false: tax, VAT and GSTRead the answer and worked solution →Added on top, or already inside the price?Read the answer and worked solution →Order the steps: find the bill amount after taxRead the answer and worked solution →Simple interest or compound interest?Read the answer and worked solution →Simple interest worked outRead the answer and worked solution →True or false: interestRead the answer and worked solution →Assertion and reasonRead the answer and worked solution →Match each term to what it meansRead the answer and worked solution →Tap everything that goes into the cost priceRead the answer and worked solution →Two are true, one is notRead the answer and worked solution →Three of these are wrong. Find the one that holds.Read the answer and worked solution →Order the steps: from marked price to what the customer paysRead the answer and worked solution →Complete the compound interest ideaRead the answer and worked solution →Flip and pair: term with meaningRead the answer and worked solution →Spot the one that does not belongRead the answer and worked solution →Reading the definitions backRead the answer and worked solution →True or false: reading a billRead the answer and worked solution →Who pays, and who collects?Read the answer and worked solution →Assertion and reason: pricesRead the answer and worked solution →Tap every statement true of sales taxRead the answer and worked solution →
Worked practice questions
A shopkeeper sells an item at a profit of $25\%$. If the cost price is ₹$240$, find the selling price.
- ₹$260$
- ₹$275$
- ₹$290$
- ₹$300$
Show answer and solution
Correct answer: D. ₹$300$
SP $= \dfrac{(100 + \text{Gain}\%)}{100} \times \text{CP} = \dfrac{125}{100} \times 240 = ₹300$.
A trader sold an article for ₹$828$ at a loss of $8\%$. At what price should he sell it to gain $12\%$?
- ₹$1008$
- ₹$990$
- ₹$1020$
- ₹$950$
Show answer and solution
Correct answer: A. ₹$1008$
First recover CP from the loss-side: $\text{CP} = \dfrac{100 \times \text{SP}}{100 - \text{Loss}\%} = \dfrac{100 \times 828}{92} = ₹900$.
Then apply gain side: SP $= \dfrac{(100 + 12)}{100} \times 900 = ₹1008$.
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