Start learning →

RRB Group D Profit and Loss — practice questions

Explore 31 free Profit and Loss questions in RRB Group D 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

Showing questions 1–30 of 31.

The difference between the selling prices of a keyboard at losses of 15% and 25% is Rupees 50. What is the cost price?Read the answer and worked solution →Medha sells her bag for Rupees 300 and loses Rupees 60. At what price must she sell it to gain 15%?Read the answer and worked solution →Inclusive of a profit of 16%, Rishi sold a pair of footwear for ₹2,059. What was the cost price of the pair?Read the answer and worked solution →Hemanshi bought a T-shirt at a 20% discount on its marked price, but sold it at the marked price. What is the profit or loss percentage on the whole transaction?Read the answer and worked solution →Anurag loses one-seventh of the cost by selling a pen for Rupees 144. If the pen is sold for Rupees 189, what is the 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

The difference between the selling prices of a keyboard at losses of 15% and 25% is Rupees 50. What is the cost price?

  1. Rupees 500
  2. Rupees 240
  3. Rupees 330
  4. Rupees 300
Show answer and solution

Correct answer: A. Rupees 500

1. SP at 15% loss = 0.85 x CP; SP at 25% loss = 0.75 x CP. 2. Difference = 0.85CP - 0.75CP = 0.10 x CP = 50. 3. CP = 50 / 0.10 = 500. _Source: RRB Group D CEN-02/2018 PYQ, Q.77._

Open this question →

Medha sells her bag for Rupees 300 and loses Rupees 60. At what price must she sell it to gain 15%?

  1. 146
  2. 172
  3. 414
  4. 516
Show answer and solution

Correct answer: C. 414

1. Cost price = selling price + loss = 300 + 60 = 360. 2. To gain 15%, SP = 360 x 1.15. 3. SP = 414. _Source: RRB Group D CEN-02/2018 PYQ, Q.91._

Open this question →

Inclusive of a profit of 16%, Rishi sold a pair of footwear for ₹2,059. What was the cost price of the pair?

  1. ₹1,775
  2. ₹1,780
  3. ₹1,760
  4. ₹1,800
Show answer and solution

Correct answer: A. ₹1,775

1. Selling price = cost price × (1 + 16/100) = CP × 1.16. 2. So CP = 2059 / 1.16. 3. CP = ₹1,775. _Source: RRB Group D CEN-02/2018 PYQ, Q.95._

Open this question →

How to practise

  1. Choose a Profit and Loss question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

More Quantitative Aptitude topics

Simple InterestNumber SystemRatio and ProportionTime and WorkSquare RootsProfit LossBasic ArithmeticMultiplication