RRB Group D Profit and Loss Questions & Answers

RRB Group D Profit and Loss Questions & Answers : Profit and Loss is an important topic in the Quantitative Aptitude section of the RRB Group D exam.

 

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RRB Group D Profit and Loss Questions

 

1. A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?

a)  Rs. 1090

b)  Rs. 1160

c)  Rs. 1190

d) Rs. 1202

2. When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?

a) Rs. 21,000
b) Rs. 22,500
c) Rs. 25,300
d) Rs. 25,800
3. A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:
a) No profit, no loss
b) 5%
c) 8%
d) 10%
4. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
a) 15
b) 16
c) 18
d) 25

5. What percentage of profit on cost price equals 20% of profit on selling price?
a) 28%
b) 30%
c) 25%
d) 22%

6. The cost of a flower vase is Rs 120. If the shopkeeper sells it at a loss of 5%, what will be the selling price (in Rs)?
a) 115
b) 126
c) 114
d) 125

7. If a shopkeeper added 20% on the cost price as marked price and gave 20% discount, then how much was his profit or loss percent?
a) 6% loss
b) 4% profit
c) 6% profit
d) 4% loss

8. Rupert purchases a second-hand TV for Rs. 4,600 and spends some money on repairing it, and then sells it for Rs 5,406, thereby earning a profit of 6%. How much did Rupert spend on the repairs?
a) Rs 500
b) Rs 600
c) Rs 450
d) Rs 400

9. A man sold 2 articles for Rs 4,000 each, gained 15% on one, and lost 15% on the other. What is the total gain or loss rounded to the nearest integer?
a) Rs. 200 gain
b) Rs. 190 loss
c) Rs. 184 loss
d) Rs. 175 gain

10. The sum of cost prices of two bikes is Rs. 1,00,000. One bike was sold at a profit of 20%, and the second one was sold at a loss of 20%. If the selling prices are the same, what is the cost price of the first bike sold?
a) Rs. 60,000
b) Rs. 35,000
c) Rs. 50,000
d) Rs. 40,000

11. A television manufacturer earns a profit of 10% by selling one TV set for Rs. 24,750. If the production cost is increased by 15%, then what should be the new selling price of the TV set so as to gain a profit of 15%?
a) Rs. 27,756.25
b) Rs. 29,756.25
c) Rs. 28,756.25
d) Rs. 26,756.25

12. A retailer buys 20 pens at the marked price of 15 pens from a wholesaler. If he sells these 20 pens giving a discount of 1%, then what is the profit percent of the retailer?
a) 35%
b) 25%
c) 32%
d) 30%

13. A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?

a) Rs. 18.20
b) Rs. 70
c) Rs. 72
d) Rs. 88.25
14. Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?
a) 3.5
b) 4.5
c) 5.6
d) 6.5

15. The difference between a 16% profit and a 12% loss while selling an article is Rs. 70. What is the cost price of the article?
a) Rs. 240
b) Rs. 225
c) Rs. 250
d) Rs. 235

16. Qamar sold 18 toys for Rs. 980, thereby making a loss equal to the cost price of 4 toys. What was the cost price of each toy?
a) Rs. 75
b) Rs. 80
c) Rs. 60
d) Rs. 70

RRB Group D Profit and Loss Answers

1. c

2. c

3. b

4. b

5. c

6. c

7. d

8. a

9. c

10. d

11. b

12. c

13. c

14. c

15. c

16. d

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