RRB Group D Profit and Loss Questions with Answers for CBT

RRB Group D Profit and Loss Questions with Answers: Profit and Loss is an important topic in the Quantitative Aptitude section of the RRB Group D exam. It tests your ability to calculate gains or losses incurred in business transactions. The key concepts involve understanding Cost Price (CP), Selling Price (SP), Profit, and Loss. These questions often require you to find profit/loss percentages, cost price, or selling price based on given data.

Q.1. What percentage of profit on cost price equals 20% of profit on selling price?
a) 28%
b) 30%
c) 25%
d) 22%

Q.2. The cost of a flower vase is Rs 120. If the shopkeeper sells it at a loss of 5%, what will be the selling price (in Rs)?
a) 115
b) 126
c) 114
d) 125

Q.3. If a shopkeeper added 20% on the cost price as marked price and gave 20% discount, then how much was his profit or loss percent?
a) 6% loss
b) 4% profit
c) 6% profit
d) 4% loss

Q.4. Rupert purchases a second-hand TV for Rs. 4,600 and spends some money on repairing it, and then sells it for Rs 5,406, thereby earning a profit of 6%. How much did Rupert spend on the repairs?
a) Rs 500
b) Rs 600
c) Rs 450
d) Rs 400

Q.5. A man sold 2 articles for Rs 4,000 each, gained 15% on one, and lost 15% on the other. What is the total gain or loss rounded to the nearest integer?
a) Rs. 200 gain
b) Rs. 190 loss
c) Rs. 184 loss
d) Rs. 175 gain

Q.6. The sum of cost prices of two bikes is Rs. 1,00,000. One bike was sold at a profit of 20%, and the second one was sold at a loss of 20%. If the selling prices are the same, what is the cost price of the first bike sold?
a) Rs. 60,000
b) Rs. 35,000
c) Rs. 50,000
d) Rs. 40,000

Q.7. A television manufacturer earns a profit of 10% by selling one TV set for Rs. 24,750. If the production cost is increased by 15%, then what should be the new selling price of the TV set so as to gain a profit of 15%?
a) Rs. 27,756.25
b) Rs. 29,756.25
c) Rs. 28,756.25
d) Rs. 26,756.25

Q.8. A retailer buys 20 pens at the marked price of 15 pens from a wholesaler. If he sells these 20 pens giving a discount of 1%, then what is the profit percent of the retailer?
a) 35%
b) 25%
c) 32%
d) 30%

Q.9. Ram invested Rs. 42,000/- in the shares of a company. He sold one-third of the total shares at a profit of 10%. He sold the remaining shares at a 10% loss. How much did Ram lose?
a) Rs 5,200
b) Rs 4,200
c) Rs 1,400
d) Rs 4,000

Q.10. 40% of the goods are sold at a 2% loss, while the rest of the goods are sold at a 4% profit. If there is a total profit of Rs. 250, then the cost price of goods sold is:
a) 15,625
b) 5,625
c) 9,000
d) 6,525

Q.11. Babu purchased a car for Rs. 300,000 and a bike for his son for Rs. 100,000. He sold the car at a profit of 10% and the bike at a loss of 20%. What is the net gain or loss?
a) 2.5% gain
b) 2.5% loss
c) 2% gain
d) 1.5% loss

Q.12. The difference between a 16% profit and a 12% loss while selling an article is Rs. 70. What is the cost price of the article?
a) Rs. 240
b) Rs. 225
c) Rs. 250
d) Rs. 235

Q.13. Qamar sold 18 toys for Rs. 980, thereby making a loss equal to the cost price of 4 toys. What was the cost price of each toy?
a) Rs. 75
b) Rs. 80
c) Rs. 60
d) Rs. 70

Q.14. After deducting a commission of 10% on the marked price, a T.V. set costs Rs. 9,090. What is its marked price?
a) Rs. 10,010.00
b) Rs. 10,000.00
c) Rs. 10,074.75
d) Rs. 10,100.00

                           

RRB Group D Profit and Loss Answers for CBT

Here are the answers:

1. c
2. c
3. d
4. a
5. c
6. d
7. b
8. c
9. c
10. a
11. a
12. c
13. d
14. d