Profit & Loss is one of the most important and highest-scoring topics in the Quantitative Aptitude section of both the IBPS PO prelims and IBPS PO mains examinations. It forms the foundation for several arithmetic concepts and tests your understanding of cost price, selling price, profit, loss, discount, marked price, and successive discounts. With regular practice and a strong grasp of formulas, candidates can solve profit & loss questions quickly and accurately.
Profit & Loss for IBPS PO, FREE Practice PDF
Prepare effectively with our FREE Profit & Loss Practice PDF, designed according to the latest IBPS PO exam pattern. The practice material covers a wide variety of exam-orientated questions with detailed solutions to help you strengthen your concepts and improve your calculation speed.
- Profit & Loss Basics
- Cost Price, Selling Price & Marked Price
- Discount and Successive Discount
- Overall Profit & Loss
- False Weight and Gain/Loss
- Mixed Profit & Loss Problems
- Latest IBPS PO Pattern Questions
- Detailed Solutions
Profit & Loss for IBPS PO, FREE Live Quiz
Once you’ve completed the practice PDF, test your preparation through our FREE Profit & Loss Live Quiz. The quiz features the latest IBPS PO pattern questions and provides an exam-like experience to help you improve your speed, accuracy, and problem-solving skills.
Q1. By selling 15 articles, a shopkeeper earns a profit equal to the selling price of 5 articles. What is the profit percentage?
Q2. A merchant marks an article 20% above the cost price and allows a discount of 20% on it. Find his profit or loss percentage.
Q3. A trader bought two articles at the same price. He sold the first at 45% profit. The loss on selling the second article was 1/3rd of the profit on the first. Find the overall profit percentage.
Q4. A person sells an article for Rs. 660 at a loss of 25%. At what price should he sell to gain 20%?
Q5. An article is marked 55% above the cost price and sold after giving a discount of 30%. If the profit earned is Rs. 51, find the selling price if a profit of 40% is desired.
Q6. The profit earned by selling an article for Rs. 7,200 is equal to the loss when it is sold for Rs. 5,600. Find the cost price.
Q7. A shopkeeper purchased 200 bulbs for Rs. 10 each. However, 5 bulbs were fused and could not be sold. At what price per bulb must he sell the rest to earn a profit of 10%?
Q8. By selling an article for Rs. 4,500, a loss of 10% is incurred. What should be the selling price to gain 25%?
Q9. A dealer buys a clock for Rs. 600 and marks it at 40% above the cost price. He allows a discount of 20% on the marked price. Find the selling price.
Q10. A shopkeeper marks an article 30% above the cost price and allows two successive discounts of 15% and 10%. Find the overall profit or loss percentage.
Q11. If there is a profit of 25% on the cost price, what is the profit percentage calculated on the selling price?
Q12. Two thirds of a consignment was sold at 6% profit and the rest at 3% loss. If the total profit was Rs. 540, find the total value of the consignment.
Q13. A shopkeeper marks an article 50% above the cost price and gives two successive discounts of 10% and 20%. Find the profit or loss percentage.
Q14. A person bought two articles for Rs. 5,400 total. He sold the first at 25% profit and the second at 20% loss. If he made neither profit nor loss overall, find the cost price of the first article.
Q15. An article is marked at Rs. 2,400. Two successive discounts of 10% and 15% are given. Find the final selling price.
Quiz Summary
Q16. A shopkeeper bought two articles A and B. He gained 20% on A and 15% on B. The selling price of A is Rs. 360 and that of B is Rs. 345. At what combined price must he sell both to gain 30% overall?
Q17. The cost price of 20 pens is equal to the selling price of 16 pens. Find the profit percentage.
Q18. On selling 50 articles, a shopkeeper gains the selling price of 10 articles. Find the profit percentage.
Q19. A shopkeeper earns a 15% profit by selling an article for Rs. 1,150. What is the cost price of the article?
Q20. An article is sold for Rs. 2,160 at a profit of 8%. Find the cost price.
Q21. By selling a watch for Rs. 5,040, a shopkeeper incurs a loss of 16%. At what price should he sell the watch to gain a profit of 10%?
Q22. A dealer sells an article at a gain of 20%. Had he sold it for Rs. 36 more, he would have gained 24%. Find the cost price.
Q23. A shopkeeper sold two items for Rs. 3,000 each. On one he gained 20% and on the other he lost 20%. Find the total loss or profit.
Q24. A shopkeeper sold an item at a profit of 25%. If he had reduced the price by Rs. 750, he would have incurred a loss of 5%. Find the cost price of the item.
Q25. A merchant sold a chair for Rs. 1,680 and earned a profit of 12%. What was the cost price of the chair?
Q26. What single discount is equivalent to successive discounts of 30% and 20%?
Q27. A shopkeeper claims to sell goods at cost price but uses a weight of 800g instead of 1,000g. Find the actual profit percentage.
Q28. An article costs Rs. 4,000. A shopkeeper marks it up by 30% and then gives a discount. If the net profit is 4%, what is the discount percentage on the marked price?
Q29. A trader offers two successive discounts of 20% and 25% on a laptop. What is the effective discount percentage?
Q30. The ratio of cost price to selling price is 5 : 9. The discount offered is 30%. Find the marked price if the cost price is Rs. 350.
Quiz Summary
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