Profit and Loss Questions

Profit and loss is an important chapter for IBPS and all other competitive examinations. In our previous post I explained basic concepts of Profit and loss chapter. This chapter is very popular in quantitative aptitude section of competitive exams Today I am providing you few basic questions from this chapter. In case you find any difficulty then please comment below.

Ravi buys mangoes at Rs 3/kg for Rs 21 and sells them at 5 kg. for Rs.50. To earn Rs. 102 as profit ,he must sell
a) 34 kg.
b) 32 kg.
c) 36 kg.
d) 38 kg.

Raju losses Rs 50 by selling oranges at Rs 3 per orange but gains Rs .75. If he sells them at Rs 3.25 per orange. The number of oranges sold by him is
a) 500
b) 550
c) 600
d) 650

A speaker is sold at a profit of 16%. If the speaker had been bought at 10% less and sold for Rs. 14 less; there would have been a profit of 25%. The cost price of the speaker is
a) Rs. 480
b) Rs. 440
c) Rs. 400
c) Rs. 360

Rajesh bought 12 kilogram of wheat at the rate of Rs 9.50/ kg. and 18 kg of wheat at Rs. 12.50/kg. He mixed both qualities of wheat and sold that mixture for Rs 12 per kg. Find his profit percentage fro the transaction ?
a) 4
b) 6
c) 12
d) 8

Rahul bougt an iPod three-fourth of its marked price and sells it for 20% more than its marked price. What will be the profit percent?
a) 50%
b) 40%
c) 60%
d) 70%

Cost price of 30 apples is equal to selling price of 40 apples. Calculate profit or loss percentage.
a) 20%
b) 25%
c) 33.3%
d) 16.66%

Two mobiles are sold at Rs 12000 each. One is sold at 20% profit and another is sold at 20% loss. What is the net profit or loss from the both transactions ?
a) Rs 1200 loss
b) Rs 1200 profit
c) Rs 1000 loss
d) Rs 1000 profit

If a product is sold at 20% discount, SP is Rs 24. What is the selling price of the product if discount rate is 30% ?
a) Rs 18
b) Rs 21
c) Rs 24
d) Rs 20

By selling wheat at Rs. 5.58 per kg. a Kishan loses 7%. To gain 7% it must be sold at the rate of Rs.
a) 5.62 per kg
b) 6.42 per kg
c) 7.32 per kg
d) 6.62 per kg


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  1. hello sir plz tell us about shrt tricks for solving jumbled paragarph in englsh quickly and accurately

  2. Thanks for suggestions, will post the technique soon.

  3. plz solve this question
    Raju losses Rs 50 by selling oranges at Rs 3 per orange but gains Rs .75. If he sells them at Rs 3.25 per orange. The number of oranges sold by him is

    1. 50+75 = 125
      =125/.25 = 500

    2. sir plz help me out in mathematics

    3. M still nt able to work out this question..plz help me out

  4. sir plz solve this,
    what should be list price of an article costing 270/-, if it is sold at a discount of 25% of the list priec and still makes a profit of 25% of the selling price?

  5. sir please 2nd que raju wala explain karenge
    yeh solve nhi ho rha hai mujhse

  6. sir kindly brief above all questions so that we understand profit and loss chapter easily from your site and i am very thankful to you if you provide today itself.

  7. f Ramu buys books at 11 books for Rs 10 and sells at 10 books for Rs 12,
    then what will be his gain percent?
    1) 11% 2) 22% 3) 32% 4)15% 5) None of these

  8. plz provide all answers with explanation


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