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RRB Group D Profit Loss — practice questions

Explore 27 free Profit Loss questions in RRB Group D Quantitative Aptitude. Open each question or exercise to read its content, reference answers and available explanation.

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Profit Loss questions and exercises with answers

Showing questions 1–27 of 27.

Bishan cycled 120 km at a fixed speed. Had he cycled 3 km/hr slower, he would have taken 2 hours more to reach the destination. Find his actual speed in km/hr.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 →Complete the cost price ruleRead the answer and worked solution →

Worked practice questions

Bishan cycled 120 km at a fixed speed. Had he cycled 3 km/hr slower, he would have taken 2 hours more to reach the destination. Find his actual speed in km/hr.

  1. 12
  2. 10
  3. 8
  4. 15
Show answer and solution

Correct answer: D. 15

1. Let actual speed be v. Then 120/(v−3) − 120/v = 2. 2. Testing v = 15: 120/12 − 120/15 = 10 − 8 = 2 hours. 3. The condition is satisfied, so actual speed = 15 km/hr. _Source: RRB Group D CEN-02/2018 PYQ, Q.78._

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Complete the definition of discount

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Missing parts
  1. Answer
    marked
    Choices
    1. marked
    2. cost
    3. sale
  2. Answer
    sale
    Choices
    1. sale
    2. cost
    3. list
  3. Answer
    marked
    Choices
    1. marked
    2. sale
    3. cost
Complete the statement
A discount is a reduction given on the {0} price. It equals marked price minus {1} price, and a discount percentage is taken of the {2} price.
Discount is always worked out on the marked price, never on the sale price. Source: syllabus Maths, Ch 7 Comparing Quantities.

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Discount worked out

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Questions
  1. Question
    Marked 840, sold for 714. The discount is
    Choices
    1. 714
    2. 840
    3. 126
    Correct choice
    126
  2. Question
    That discount as a percentage of the marked price is
    Choices
    1. 15%
    2. 17.6%
    3. 12%
    Correct choice
    15%
  3. Question
    A 20% discount on a marked price of 220 is
    Choices
    1. 20
    2. 44
    3. 176
    Correct choice
    44
  4. Question
    So the sale price becomes
    Choices
    1. 200
    2. 44
    3. 176
    Correct choice
    176
**syllabus Example 2:** an item marked 840 sells for 714, so the discount is 126 and the discount percentage is 126/840 x 100 = 15%. **Example 3:** 20% off a marked price of 220 is a discount of 44 and a sale price of 176. Source: syllabus Maths, Ch 7 Comparing Quantities.

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Simple InterestNumber SystemRatio and ProportionTime and WorkProfit and LossSquare RootsBasic ArithmeticMultiplication