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Explore 23 free Profit and Loss questions in MAT Quantitative Aptitude. Each question opens with answer choices, the correct answer and a worked solution.
Practise Profit and Loss with Quill →Profit and Loss MCQs with answers
Showing questions 1–23 of 23.
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 →A vendor bought a cycle for ₹2,500 and sold it for ₹3,000. What is his profit percentage?Read the answer and worked solution →A bookstore wants a 30% profit on a book that cost ₹500. At what price should the book be sold?Read the answer and worked solution →A vendor sells an item at ₹880 making a 10% loss. What was the cost price?Read the answer and worked solution →A shopkeeper marks goods 40% above cost and then offers a 10% discount. His profit percentage is:Read the answer and worked solution →If the cost price of 12 articles equals the selling price of 10 articles, the profit percentage is:Read the answer and worked solution →A mall offers '25% off + extra 20% off'. What is the single discount equivalent?Read the answer and worked solution →A vendor sells two pens at the same price. On one he makes 20% profit, on the other he makes 20% loss. His net result is:Read the answer and worked solution →A book costs ₹400 and is marked at ₹500. What is the maximum discount the seller can offer while still breaking even (no loss)?Read the answer and worked solution →A vendor mixes 20 kg of dal at ₹60/kg with 30 kg at ₹80/kg. He sells the mixture at ₹85/kg. His profit percentage is:Read the answer and worked solution →A discount is a reduction given on which price of an article?Read the answer and worked solution →An item marked at 840 is sold for 714. The discount per cent is:Read the answer and worked solution →A frock is listed at 220 and a discount of 20% is announced. Its sale price is:Read the answer and worked solution →A table marked at 15,000 is available for 14,400. The discount per cent is:Read the answer and worked solution →An almirah is sold for 5,225 after a discount of 5%. Its marked price was:Read the answer and worked solution →An article bought for 400 is sold for 500. The profit per cent is:Read the answer and worked solution →A shopkeeper marks goods 25% above cost and then allows a 20% discount. His overall result is:Read the answer and worked solution →An item is sold for 15,000 at a loss of 20%. Its cost price was:Read the answer and worked solution →A shop offers a 20% discount. The sale price of a bag marked at 250 is:Read the answer and worked solution →
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