Important Profit and Loss Questions for IBPS Exams

Profit and Loss Questions: Profit and loss questions as they are really an important part of Quant section of IBPS exams. Quant is such a section that requires rigorous practice on the part of an aspirant. One needs to cover all the topics under the English section with the help of a wide variety of questions. The aspirants who are targeting the IBPS exam and aspire to join the Banking Industry in 2022 itself, need to buck up and practice rigorously. We all are well aware of the ever-rising cut-off game of the Banking & Government Exams these days. We need to make sure that we leave no stone unturned in our preparation. In this blog, we would be covering one of the frequently asked topics i.e. Profit and Loss by providing Profit and Loss Questions

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Profit and Loss Questions for IBPS Exams

1. An advertisement in a shop reads, “Buy three shirts get four shirts”. What is the discount offered by the shop?
   40%
   33%
   25%
   20%
   None of These
   
2. The marked price of the bulb is 60% more than its cost price. A shopkeeper offers a discount of x% on marked price of the bulb while he gets the profit of 36%. Find the value of x?
   10
   15
   18
   12
   20
   
3. The shopkeeper sold the watch at the profit of 20% and the cost price of watch is Rs.3600. He earns x% profit on pendrive costing Rs.3000. If the overall profit on selling both watch and pendrive is 25%, then find the value of x?
   24%
   27%
   29%
   31%
   30%
   
4. Sum of the selling price of mobile and watch is Rs.9000. Ratio of the discount offered by shopkeeper on mobile and watch is 1:3. If the sum of the marked price of mobile and watch is Rs.15000, then find the discount offered by shopkeeper on watch?
   Rs.4500
   Rs.4200
   Rs.3600
   Rs.4800
   Rs.3300
   
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5. Ram and Janu sold their TV at Rs.14000 each, but Ram faced a loss of 10%, while Janu gained 30%. What is the ratio of the cost price of the TV sold by Ram to that of Janu?
   12: 7
   13: 9
   14: 3
   19: 7
   None of these
   
6. Ratio of the marked to cost price of the Plane is 6:5 and the ratio of the marked to selling price of the plane is 12:11. What is the profit percentage of the plane?
   8%
   10%
   6%
   15%
   12%
   
7. The shopkeeper offers a discount of 20% on marked price of laptop and the ratio of the marked price of the laptop to mobile is 3:1. If the shopkeeper offers a discount of 10% on marked price of mobile while he gets the profit of 20% and the selling price of the laptop is Rs.14400, then find the cost price of the mobile
   Rs.4000
   Rs.4500
   Rs.5000
   Rs.6000
   Rs.3000
   
8. A seller makes 10% profit when he gives 12% discount on marked price of his pencil box. After sometimes, he begins to provide 10% discount on its marked price. Now what is his percentage of profit?
   12%
   12.5%
   13%
   13.5%
   None of these
   
9. Dress A is sold at 10% discount and earned a profit of Rs.525. Dress B is sold at 20% profit for Rs.840. Find the marked price of Dress A, if Cost price of dress A is 5% more than the cost price of Dress B.
   Rs.1400
   Rs.1700
   Rs.2100
   Rs.2900
   None of these
   
10. If the profit earned on selling an article for Rs.2400 is 75% of the loss incurred on selling the same article for Rs.1700, then find the selling price of the article earn a profit of 20%?Rs.2540
    Rs.2580
    Rs.2590
    Rs.2500
    Rs.2520

Sneak-peak into the Profit and Loss Questions for IBPS Exams

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This was all from us in this blog of Profit and Loss Questions for IBPS Exams. We hope that you would like it. We will keep coming up with more questions on different topics of the syllabus of IBPS Exams. Till then keep visiting Oliveboard.