- A person bought an article and sold it at a loss of 25%. If he had bought it at 20% less and sold it for 63 more, he would have gained 20%. Find the profit...
- What will be the percentage profit after selling an article at a certain price if there is a loss of 30% if the article is sold at 1/4th of the previous se...
- A tradesman gives 6% discount on the market price and gives 1 article free for buying every 11 articles and thus gains 30%. The marked price is approximate...
- A person bought an article and sold it at a loss of 20%. If he had bought it at 10% loss and sold it for 74 more, he would have gained 30%. Find the profit...
- A salesman is allowed 32% commission on the total sales by him and a bonus of 3% on the sales over Rs. 15000. If the total earnings of a salesman is Rs. 79...
- A shopkeeper sells a badminton shuttle whose marked price is Rs 15, at a discount of 20% and gives a lollipop costing Rs 2.50 free with each shuttle. Even ...
- A product costs a company Rs 120 to manufacture and it sold the product to a dealer for Rs 140, who is turn sold it to a shopkeeper for Rs 170, who sold to...
- A shopkeeper planned to sell 150 shirts each priced at Rs 1,250 in a particular year. Each shirt, if it had been sold at the mentioned price would have bee...
- The vice-captain of a cricket team of 11 members is 24 years old and the opener is 5 years older. If the ages of these two are excluded, the average age of...
- A dishonest fruit seller sells fruits at 8 % loss. If he uses 860gm weight in place of 1kg weight, then what is his profit percent?
- A shopkeeper planned to sell 150 shirts each priced at Rs 1,250 in a particular year. Each shirt, if it had been sold at the mentioned price would have bee...
- A Shopkeeper gives 2 articles free on the purchase of every 10 articles. He also allows a discount of 20% to customer and still earn 25% profit. Find the r...
- A shopkeeper planned to sell 200 shirts each priced at Rs 2,240 in a particular year. Each shirt, if it had been sold at the mentioned price would have bee...
- A shopkeeper first allows a discount of 20% on a certain variety of cloth and then further gives a discount if 15% to the persons holding a shareholderâ€™s...
- Axe and Wye purchases the Bikes at same price and later on Zed purchase both the bikes at the same price of Rs. 72000. But the profit % of Axe was A% while...
- Matthew sells Chocolates in the packs of 6 chocolates, 12 chocolates, 18 chocolates and 24 chocolates etc, but the rate is necessarily uniform. One day Car...
- John went to purchase a Bike, the shopkeeper told him to pay 30% GST, if he asked the bill. John manages to get the discount of 10% on the actual selling p...
- Profit on selling 40 pens equals selling price of 12 books while loss on selling 40 books equals selling price of 16 pens. Also profit percentage equals to...
- The cost price of two dozen bananas is Rs. 48 after selling 18 bananas at the rate of Rs. 18 per dozen, the shopkeeper reduced to rate of Rs. 12 per dozen....
- A Shopkeeper marks his goods 50% above a CP and gives 30% discount to customer. At the time of selling the goods he uses 800 gm weight instead of 1 kg.&nbs...
- Joy bought a painting for Rs. 6000 and sold it for Rs. 7500. Find the profit %.
- By selling a bike for Rs. 45000, Abhishek incurs a loss of Rs. 5000. Find the loss %.
- The cost price of 24 articles is the same as the selling price of x articles. If the profit is 20%, then the value of x is
- A businessman sold 2/5of his stock at a gain of 25% and the remaining at a gain of 20%. The overall percentage of gain is
- While selling a Bike, Max gives a discount of 25% on the marked price. If he gives a discount of 30%, he earns Rs. 120 less as profit. The marked price of ...
- Jupiter borrowed a sum of Rs 31,500 from Mars at the rate of 14% per annum for 3 years. He added some more money in it and lent it to Saturn at the rate of...
- Pankaj purchased a machine for Rs. 79,000 and spent Rs. 4000 on repair and Rs. 3000 on transport and sold it with 25% profit. At what price did he sell the...
- Arun purchased a TV set for Rs 14000 and a DVD player for Rs. 8000. He sold both the items together for Rs. 26400. How much percent profit did he make?&nbs...
- Kapil and Samar sold their horses at Rs 2,420 each but Kapil incurred a loss of 20%, while Samar gained 10%. What is the ratio of the cost price of the hor...
- A seller sold a vehicle for Rs. 81,000 with the loss of 10%. At what price be sold to earn 10% profit?
- A person buys books at Rs. 300 for 5 and sells them at Rs.740. How many books must he sell in order to earn profit of Rs. 3,520?
- A toy is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price?
- The cost price of two dozen bananas is Rs. 96 after selling 18 bananas at the rate of Rs. 36 per dozen, the shopkeeper reduced the rate to Rs. 24 per...
- A shopkeeper mixes 40 kg sugar worth Rs.15 per kg with 160 kg sugar worth Rs. 25 per kg. At what rate should he sell the mixture per kg to gain a profit of...
- A shopkeeper earns a profit of 30% by selling an article. What would be the approximate percent change in the profit percent, if he had paid 20% less and s...
- A person bought an article and sold it at a loss of 20%. If he had bought it at 10% loss and sold it for 74 more, he would have gained 30%. Find the profit...
- How much groundnut powder at Rs. 90 a kg. should be added to 56 kg. of cashew powder at Rs.310 a kg. so that by selling the mixture for Rs. 280...
- A dishonest seller, at the time of selling and purchasing uses weight 22% less and 30% more per kg respectively. Find the approx. percent profit earned by ...
- When a shopkeeper sells an item A for Rs.52,800, he incurred a loss of 45%. If he sells another item B of same cost price in order to recover the loss incu...
- A shopkeeper sold an article at profit of 10%. Had he bought it at 10% less and sold it for Rs. 3 more, then he would have earned a profit of 25%. Find the...

Question Listing

- Addition & subtraction
- Age
- Algebra
- Alligation
- Approximation
- Arithmetic Progression
- Average
- Bar graph
- Binomial Equation
- Boats and streams
- Calculation based
- Caselet DI
- Circle
- Clock and Calendar
- Compound Interest
- Coordinate Geometry
- Cube & cube roots
- Data Sufficiency
- Databased
- Databased Partnership
- Databased Profit Loss and discount
- Databased Ratio
- Databased Time and Work
- DI
- Di Bar Graph
- DI Line Graph
- DI Pie Chart
- DI PIE Chart and Ratio Table
- DI Tables
- Di With Missing Numbers
- Differential Equation
- Discount
- Divisibility rules
- Equality and Inequality
- Equations
- Fractions
- Geometry
- HCF and LCM
- Height and Distance
- Income and Expenditure
- Integration
- Limits and Continuity
- Line graph
- Linear Equation
- Lines and Angles
- Maxima and Minima
- Mensuration
- Missing DI
- Mixture
- No. System
- Partnership
- Percentage
- Permutation and combination
- Pipes and cisterns
- Polygon
- Probability
- Quadratic equation
- Quadrilateral
- Quant Miscellaneous
- Quantity Inequality
- Radar graph
- Ratio
- Ratio and proportion
- SI and CI databased
- Simple and compound interest
- Simplification
- Square & square root
- Surds and indices
- Time
- Time and distance
- Time and work
- Trains
- Triangle
- Trigonometry
- Uniatry Method
- Weekly Quiz Quant
- Wrong Series

In the Quantitative Aptitude section, questions from the topic of Profit & Loss section are often asked in competitive exams such as- SEBI Grade A, SBI PO, SBI Clerk, IBPS PO, IBPS Clerk, RBI Grade B, RBI Assistant, ECGC PO, IBPS SO, and many more.Â

Profit & Loss calculations are also commonly tested in competitive exams, where they are used to assess an individual's ability to analyze financial data and make decisions based on that data. Furthermore, Profit & Loss questions form a part of the Data Interpretation MCQ questions as well. Therefore, you should not leave this topic if you are preparing for any of the aforementioned exams.

Profit & Loss (P&L) is a concept in quantitative aptitude that involves determining the cost of goods sold, which includes the cost of raw materials, labor, and overhead expenses, and subtracting it from the revenue generated from the sale of goods. The difference between these two figures is either a profit or a loss.

Profit & Loss (P&L) questions are asked in quantitative aptitude for several reasons:

- Assessing Mathematical Skills: P&L questions test an individual's ability to perform basic mathematical operations, such as addition, subtraction, multiplication, and division.
- Measuring Problem-solving Skills: P&L questions require individuals to analyze and interpret financial data, identify relevant information, and apply mathematical and financial concepts to solve problems.
- Assessing Decision-making Skills: P&L questions often involve making decisions about pricing, production, and other aspects of business operations, and they test an individual's ability to make decisions based on financial data.

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