Profit and Loss - Question Bank

1. What is the loss percentage if an article bought for Rs. 100 is sold for Rs. 85?
A) 10%
B) 15%
C) 20%
D) 25%
2. A shopkeeper buys a dozen eggs for Rs. 48. He sells them for Rs. 5 each. What is his profit percentage?
A) 20%
B) 25%
C) 30%
D) 35%
3. The marked price of a shirt is Rs. 800. If a discount of 15% is given, what is the selling price?
A) Rs. 650
B) Rs. 680
C) Rs. 700
D) Rs. 720
4. A dealer sells two machines for Rs. 10,000 each. On one, he gains 20%, and on the other, he loses 20%. What is his overall profit or loss percentage?
A) 2% loss
B) 4% loss
C) 2% profit
D) 4% profit
5. If the cost price is 90% of the selling price, what is the profit percentage?
A) 10%
B) 11.11%
C) 12.5%
D) 15%
6. A shopkeeper marks the price of an item 50% above its cost price. He allows a discount of 30%. What is his profit percentage?
A) 5%
B) 10%
C) 15%
D) 20%
7. What is the loss percentage if an item bought for Rs. 500 is sold for Rs. 425?
A) 10%
B) 12.5%
C) 15%
D) 18%
8. Calculate the profit percentage if an article is bought for Rs. 400 and sold for Rs. 520.
A) 25%
B) 30%
C) 35%
D) 40%
9. A shopkeeper sells a book for Rs. 270 at a loss of 10%. What is the cost price?
A) Rs. 290
B) Rs. 300
C) Rs. 310
D) Rs. 320
10. The selling price of an article is Rs. 750. If it is sold at a profit of 25%, what is the cost price?
A) Rs. 550
B) Rs. 575
C) Rs. 600
D) Rs. 625
11. A man buys 100 kg of sugar at Rs. 20 per kg. He sells 70 kg at Rs. 25 per kg and the remaining 30 kg at Rs. 18 per kg. What is his overall profit or loss percentage?
A) 5% profit
B) 5% loss
C) 10% profit
D) 10% loss
12. If a shopkeeper sells an item for Rs. 360 at a loss of 10%, what is the cost price?
A) Rs. 380
B) Rs. 390
C) Rs. 400
D) Rs. 410
13. A dealer buys a bicycle for Rs. 4000 and sells it at a profit of 15%. What is the selling price?
A) Rs. 4400
B) Rs. 4500
C) Rs. 4600
D) Rs. 4700
14. The cost price of 12 items is equal to the selling price of 10 items. What is the profit percentage?
A) 15%
B) 20%
C) 25%
D) 30%
15. A shopkeeper sells a shirt for Rs. 600 at a loss of 25%. What was the cost price of the shirt?
A) Rs. 700
B) Rs. 750
C) Rs. 800
D) Rs. 850
16. If the selling price of an article is Rs. 480 and the profit is 20%, what is the cost price?
A) Rs. 380
B) Rs. 390
C) Rs. 400
D) Rs. 410
17. A seller marks the price of a product 25% higher than its cost price. He then offers a discount of 10%. What is his net profit percentage?
A) 10%
B) 12.5%
C) 15%
D) 17.5%
18. What is the loss percentage if an item bought for Rs. 150 is sold for Rs. 120?
A) 15%
B) 20%
C) 25%
D) 30%
19. Calculate the profit percentage if an article is bought for Rs. 600 and sold for Rs. 750.
A) 20%
B) 22.5%
C) 25%
D) 30%
20. A shopkeeper sells a watch for Rs. 1800 at a loss of 10%. What is the cost price?
A) Rs. 1950
B) Rs. 2000
C) Rs. 2050
D) Rs. 2100
21. If the selling price of an item is Rs. 600 and the profit is 50%, what is the cost price?
A) Rs. 350
B) Rs. 400
C) Rs. 450
D) Rs. 500
22. A merchant buys 50 kg of rice for Rs. 1000. He sells 30 kg at a profit of 20% and the remaining 20 kg at a profit of 10%. What is his overall profit percentage?
A) 15%
B) 16%
C) 17%
D) 18%
23. The selling price of an article is Rs. 800. If it is sold at a loss of 20%, what is the cost price?
A) Rs. 950
B) Rs. 1000
C) Rs. 1050
D) Rs. 1100
24. A shopkeeper sells an item for Rs. 450, making a profit of 25%. What is the cost price?
A) Rs. 350
B) Rs. 360
C) Rs. 375
D) Rs. 400
25. If the cost price of 10 articles is equal to the selling price of 8 articles, what is the profit percentage?
A) 15%
B) 20%
C) 25%
D) 30%
26. A dealer marks his goods 50% above the cost price. He then offers a discount of 20%. What is his profit percentage?
A) 10%
B) 20%
C) 30%
D) 40%
27. What is the loss percentage if an article bought for Rs. 200 is sold for Rs. 180?
A) 5%
B) 8%
C) 10%
D) 12%
28. A shopkeeper buys a dozen pens for Rs. 120. He sells them for Rs. 15 each. What is his profit percentage?
A) 20%
B) 25%
C) 30%
D) 35%
29. If a seller offers a discount of 20% on the marked price of Rs. 1500, what is the selling price?
A) Rs. 1100
B) Rs. 1150
C) Rs. 1200
D) Rs. 1250
30. A trader sells goods worth Rs. 5000 at a profit of 15%. What is the cost price?
A) Rs. 4000
B) Rs. 4250
C) Rs. 4347.83
D) Rs. 4500
31. The marked price of an item is Rs. 1000. A discount of 10% is given. What is the selling price?
A) Rs. 850
B) Rs. 900
C) Rs. 950
D) Rs. 980
32. A shopkeeper sells 2 radios for Rs. 1200 each. On one, he gains 25% and on the other, he loses 25%. What is his overall profit or loss?
A) Rs. 100 loss
B) Rs. 120 loss
C) Rs. 100 profit
D) No profit, no loss
33. If an article is sold at a loss of 10%, the selling price is Rs. 720. What is the cost price?
A) Rs. 780
B) Rs. 800
C) Rs. 810
D) Rs. 820
34. A merchant bought a watch for Rs. 800 and sold it for Rs. 1000. What is the profit percentage?
A) 20%
B) 25%
C) 30%
D) 35%
35. Calculate the profit if an article bought for Rs. 120 is sold for Rs. 150.
A) Rs. 20
B) Rs. 25
C) Rs. 30
D) Rs. 35
36. A refrigerator is sold for Rs. 15,000 at a loss of 25%. What is the cost price?
A) Rs. 18,000
B) Rs. 19,000
C) Rs. 20,000
D) Rs. 21,000
37. If a shopkeeper buys an article for Rs. 400 and sells it at a 25% profit, what is the selling price?
A) Rs. 450
B) Rs. 475
C) Rs. 500
D) Rs. 525
38. An item is sold for Rs. 900 at a loss of 10%. What is the cost price?
A) Rs. 950
B) Rs. 1000
C) Rs. 1050
D) Rs. 1100
39. When an article is sold at a profit of 10%, the selling price is Rs. 330. What is the cost price?
A) Rs. 280
B) Rs. 290
C) Rs. 300
D) Rs. 310
40. A dealer bought 10 chairs for Rs. 500 each. He sold 6 of them at Rs. 700 each and the remaining 4 at Rs. 400 each. What is his overall profit or loss percentage?
A) 10% profit
B) 10% loss
C) 20% profit
D) 20% loss
41. If the cost price is 80% of the selling price, what is the profit percentage?
A) 15%
B) 20%
C) 25%
D) 30%
42. A shopkeeper marks the price of an article 40% above its cost price. If he sells it at a discount of 20%, what is his profit percentage?
A) 10%
B) 12%
C) 15%
D) 20%
43. What is the loss percentage if an item bought for Rs. 250 is sold for Rs. 200?
A) 15%
B) 20%
C) 25%
D) 30%
44. Calculate the profit percentage if an article is bought for Rs. 500 and sold for Rs. 600.
A) 15%
B) 20%
C) 25%
D) 30%
45. A book is sold for Rs. 300 at a loss of 25%. What was the cost price of the book?
A) Rs. 375
B) Rs. 380
C) Rs. 400
D) Rs. 420
46. If the selling price of an article is Rs. 540 and the profit is 20%, what is the cost price?
A) Rs. 400
B) Rs. 425
C) Rs. 450
D) Rs. 475
47. A merchant buys a table for Rs. 1200 and sells it at a profit of 20%. What is the selling price?
A) Rs. 1400
B) Rs. 1440
C) Rs. 1480
D) Rs. 1500
48. The cost price of an article is Rs. 800. If it is sold at a loss of 15%, what is the selling price?
A) Rs. 680
B) Rs. 700
C) Rs. 720
D) Rs. 740
49. A vendor buys 10 apples for Rs. 100 and sells them for Rs. 12 each. What is the total profit?
A) Rs. 10
B) Rs. 20
C) Rs. 30
D) Rs. 40
50. If a shopkeeper sells an item for Rs. 200 at a profit of 25%, what is the cost price of the item?
A) Rs. 150
B) Rs. 160
C) Rs. 175
D) Rs. 180
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