**Profit and Loss important Questions asked in Government jobs Competitive exam-**

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* Maths coaching - Govt jobs Previous asked questions - SET 1

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**Profit and Loss questions answers**which were previously asked in Government jobs competitive exams.

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## Profit and Loss Questions asked in Government jobs Competitive exam

Q. Raju wanted to sell an cooler with 20% profit, but he actually sold it at 20% loss for Rs.480. At what price he wanted to sell the cooler to earn the profit ?

a. Rs.720

b. Rs.840

c. Rs.600

d. Rs.750

Ans. a

Q. If the selling price of 10 apples is equal to the cost price of 12 apples; then the profit percent is ?

a. 30%

b. 20%

c. 45%

d. 15%

Ans. b

Q. A girl sold two cars for Rs.28560 each. On one she gains 15% and on the other she losses 15%. Find her loss or gain percent in the whole transaction ?

a. 2.25% loss

b. 4% loss

c. 5% loss

d. 3% profit

Ans. a

Q. Rajesh sells a bicycle to Sumit at a profit of 20%. Sumit sells it to Anuradha at a profit of 25%. If Anuradha pays Rs.225/- for it, the cost price of the bicycle for Rajesh is ?

a. Rs.110

b. Rs.125

c. Rs.120

d. Rs.150

Ans. d

Q. If Shamu sells 12 copies of book for Rs.1800 and gains cost price of 3 copies. The cost price of a book is ?

a. Rs.120

b. Rs.150

c. Rs.1200

d. Rs.1500

Ans. a

Q. A table is bought for Rs.750 and sold at a loss of 6%. Then find its selling price ?

a. Rs.750

b. Rs.705

c. Rs.7500

d. Rs.8000

Ans. b

Q. If Ravinder estimates his loss as 20% of the selling price. Then Ravinder's loss percent is ?

a. 20%

b. 40/3 %

c. 50/3 %

d. 25%

Ans. c

Q. If your brother have purchased 11 pens for Rs.10 and sold all the pens at the rate of 10 for Rs.11, then your brother's profti percent is?

a. 21%

b. 10%

c. 11%

d. 100%

Ans. a

Q. John buys a table for Rs.1400 and sells it in a market at a loss of 15%. What will be he selling price of the table ?

a. Rs.1202

b. Rs.1190

c. Rs.1160

d. Rs.1000

Ans. b

Q. If the ratio of CP and SP is 5:4. Then the loss percentage is ?

a. 25%

b. 20%

c. 50%

d. 54%

Ans. b

Q. IF Raghu buys some pens at 5 for a rupee and sells those pens at 3 for a rupee. Thne Raghu's gain percent is ?

a. 200/3 %

b. 230/3 %

c. 170/3 %

d. 140/3 %

Ans. a

Q. If the SP of a table is 8/5 times its CP, then the profit percent of the table is ?

a. 160 %

b. 120 %

c. 40 %

d. 60 %

Ans. a

Q. If the price of sugar is increased by 20% then by what percent Ramu's family should decrease the Sugar consumption so that the expenditure remains the same ?

a. 50/3 %

b. 40 %

c. 70/3 %

d. 20 %

Ans. a

Q. A discount of 20% in the price of Sugar enables Sunita to obtain 4 kg more Sugar for Rs.100. The reduced/discounted price of the Sugar per kg is ?

a. Rs.4

b. Rs.5

c. Rs.6.50

d. Rs.6.25

Ans. b

Q. Anjali sells her cycle at a profit of 10%. If she had bought the cycle at 5% less cost and sold for Rs.80 more, she would have gained 20%. The CP of the cycle is ?

a. Rs.2500

b. Rs.2000

c. Rs.200

d. Rs.3200

Ans. b

Q. A lady had 100 kg of Salt part of which he sold at 7% profit and rest at 17% profit. She gained 10% on the whole transaction. How much did she sell at 7% profit ?

a. 30 kg

b. 70 kg

c. 65 kg

d. 35 kg

Ans. b

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