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RRB NTPC Profit and Loss — practice questions — page 2

Explore 74 free Profit and Loss questions in RRB NTPC Quantitative Aptitude. Open each question or exercise to read its content, reference answers and available explanation.

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Profit and Loss questions and exercises with answers

Showing questions 31–60 of 74.

A radio sold at Rs 1344 yields a 12% profit. What was its cost?Read the answer and worked solution →Gaining 10%, a vendor sells a fan for Rs 462. The cost price of the fan isRead the answer and worked solution →Eight mangoes cost Rs 120, and selling six mangoes fetches Rs 120. Gain percent?Read the answer and worked solution →A dealer buys at 25% off a Rs 800 list price and sells at the list price. Gain percent?Read the answer and worked solution →List price Rs 1000; a dealer gets 20% and 10% successive discounts and sells at Rs 900. Profit?Read the answer and worked solution →A man buys a bike for Rs 4000, spends Rs 500 on repairs and sells it for Rs 5400. Profit percent?Read the answer and worked solution →A desk costs Rs 2400 and Rs 100 goes on carriage. Sold at Rs 2750, the profit percent isRead the answer and worked solution →Selling for Rs 60 more would raise a 5% profit to 15%. The cost price isRead the answer and worked solution →The loss on selling at Rs 132 equals the profit on selling at Rs 168. True cost price isRead the answer and worked solution →Using Cost x (1 + Markup) = Sale price, the sale price for cost Rs 200 and markup 35% isRead the answer and worked solution →In trade, the abbreviation CP stands forRead the answer and worked solution →Profit percentage, unlike margin, takes which quantity as its base?Read the answer and worked solution →An item costing Rs 40 is sold for Rs 100. The profit percentage on cost isRead the answer and worked solution →A firm earns Rs 200 revenue against Rs 150 cost. Its margin on revenue isRead the answer and worked solution →A good costing Rs 150 retails at Rs 200. The percentage markup over cost isRead the answer and worked solution →Marked at Rs 900 with 15% off, the sale price isRead the answer and worked solution →A Rs 1500 jacket carries a 12% discount. The amount payable isRead the answer and worked solution →After 10% off, a shirt costs Rs 585. Its marked price wasRead the answer and worked solution →A 20% discount brings a gadget down to Rs 960. Its marked price isRead the answer and worked solution →Two discounts of 10% each are given one after another on Rs 2000. Final price?Read the answer and worked solution →On a Rs 1500 item, discounts of 20% then 5% are given. The net price isRead the answer and worked solution →A shopkeeper allows 10% off and still gains 8%. His marked price is what percent above cost?Read the answer and worked solution →To give a 20% discount yet earn 4% profit, a trader should mark up his goods byRead the answer and worked solution →A trader marks goods 50% above cost, then gives 20% off. His gain isRead the answer and worked solution →To earn 20% after a 25% discount, a seller must mark goods above cost byRead the answer and worked solution →A profit of 40% on an article equals Rs 280. Its cost price isRead the answer and worked solution →A loss of 15% amounts to Rs 135. The cost price wasRead the answer and worked solution →A gain of Rs 100 on a cost of Rs 800 is what profit percent?Read the answer and worked solution →A fruit seller sells for Rs 1840 at an 8% loss. The cost price wasRead the answer and worked solution →Rice 40 kg at Rs 30/kg is mixed with 20 kg at Rs 36/kg; the mix sells at Rs 36/kg. Profit?Read the answer and worked solution →

Worked practice questions

A radio sold at Rs 1344 yields a 12% profit. What was its cost?

  1. Rs 1180
  2. Rs 1200
  3. Rs 1250
  4. Rs 1150
Show answer and solution

Correct answer: B. Rs 1200

1344 is 112 percent of cost, so cost = 1344/1.12 = Rs 1200.

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Gaining 10%, a vendor sells a fan for Rs 462. The cost price of the fan is

  1. Rs 440
  2. Rs 430
  3. Rs 420
  4. Rs 410
Show answer and solution

Correct answer: C. Rs 420

462 equals 110 percent of cost, giving cost = Rs 420.

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Eight mangoes cost Rs 120, and selling six mangoes fetches Rs 120. Gain percent?

  1. 25%
  2. 40%
  3. 33.33%
  4. 30%
Show answer and solution

Correct answer: C. 33.33%

Cost per mango is 15 and selling price per mango is 20, a gain of 5/15 = 33.33 percent.

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