An article bought for ₹320 is sold for ₹336. What is the profit percentage?
- A4.76%
- B2.5%
- C5%
- D7.5%
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Answer: (C) 5%
Profit = ₹16; profit % = 16 ÷ 320 × 100 = 5%.
AFCAT Profit, Loss & Discount Questions with Answers & Explanations
19 Profit, Loss & Discount questions from the Numerical Ability section of AFCAT, each with the correct answer and a worked explanation. Try each question first, then tap Show answer to check. When you're ready, take the timed chapter-wise test to see your all-India rank.
Two successive discounts of 40% and 20% are equivalent to a single discount of
- A30%
- B52%
- C60%
- D50.5%
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Answer: (B) 52%
Equivalent discount = 40 + 20 − (40 × 20)/100 = 52%.
The marked price of a watch is ₹3,600 and a discount of 25% is given. What is the selling price?
- A₹2,700
- B₹3,350
- C₹900
- D₹2,880
Show answer
Answer: (A) ₹2,700
SP = 3600 × (100 − 25)/100 = ₹2,700.
The marked price of a watch is ₹700 and a discount of 25% is given. What is the selling price?
- A₹560
- B₹525
- C₹175
- D₹450
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Answer: (B) ₹525
SP = 700 × (100 − 25)/100 = ₹525.
An article bought for ₹1,200 is sold for ₹1,440. What is the profit percentage?
- A20%
- B17.5%
- C25%
- D16.67%
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Answer: (A) 20%
Profit = ₹240; profit % = 240 ÷ 1200 × 100 = 20%.
A shopkeeper buys an item for ₹1,800 and sells it at a loss of 5%. What is the selling price?
- A₹1,660
- B₹1,710
- C₹1,795
- D₹1,890
Show answer
Answer: (B) ₹1,710
SP = CP × (100 − 5)/100 = ₹1,710.
The marked price of a watch is ₹2,200 and a discount of 10% is given. What is the selling price?
- A₹220
- B₹1,980
- C₹2,100
- D₹2,090
Show answer
Answer: (B) ₹1,980
SP = 2200 × (100 − 10)/100 = ₹1,980.
An article bought for ₹1,160 is sold for ₹1,334. What is the profit percentage?
- A15%
- B13.04%
- C17.5%
- D12.5%
Show answer
Answer: (A) 15%
Profit = ₹174; profit % = 174 ÷ 1160 × 100 = 15%.
A shopkeeper buys an item for ₹1,300 and sells it at a loss of 20%. What is the selling price?
- A₹1,280
- B₹990
- C₹1,560
- D₹1,040
Show answer
Answer: (D) ₹1,040
SP = CP × (100 − 20)/100 = ₹1,040.
Two successive discounts of 10% and 10% are equivalent to a single discount of
- A10%
- B17.5%
- C20%
- D19%
Show answer
Answer: (D) 19%
Equivalent discount = 10 + 10 − (10 × 10)/100 = 19%.
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Timed Numerical Ability test · 20 questions · instant rank
The marked price of a watch is ₹3,550 and a discount of 10% is given. What is the selling price?
- A₹3,450
- B₹3,195
- C₹355
- D₹3,017.50
Show answer
Answer: (B) ₹3,195
SP = 3550 × (100 − 10)/100 = ₹3,195.
An article bought for ₹1,040 is sold for ₹1,170. What is the profit percentage?
- A17.5%
- B12.5%
- C15%
- D10%
Show answer
Answer: (B) 12.5%
Profit = ₹130; profit % = 130 ÷ 1040 × 100 = 12.5%.
A shopkeeper buys an item for ₹1,000 and sells it at a loss of 10%. What is the selling price?
- A₹990
- B₹850
- C₹950
- D₹900
Show answer
Answer: (D) ₹900
SP = CP × (100 − 10)/100 = ₹900.
Two successive discounts of 20% and 20% are equivalent to a single discount of
- A34.5%
- B20%
- C38%
- D36%
Show answer
Answer: (D) 36%
Equivalent discount = 20 + 20 − (20 × 20)/100 = 36%.
The marked price of a watch is ₹1,050 and a discount of 25% is given. What is the selling price?
- A₹262.50
- B₹840
- C₹800
- D₹787.50
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Answer: (D) ₹787.50
SP = 1050 × (100 − 25)/100 = ₹787.50.
An article bought for ₹1,840 is sold for ₹2,300. What is the profit percentage?
- A27.5%
- B25%
- C22.5%
- D20%
Show answer
Answer: (B) 25%
Profit = ₹460; profit % = 460 ÷ 1840 × 100 = 25%.
A shopkeeper buys an item for ₹3,300 and sells it at a loss of 5%. What is the selling price?
- A₹3,135
- B₹3,465
- C₹3,295
- D₹3,085
Show answer
Answer: (A) ₹3,135
SP = CP × (100 − 5)/100 = ₹3,135.
A shopkeeper buys an item for ₹3,900 and sells it at a loss of 10%. What is the selling price?
- A₹4,290
- B₹3,560
- C₹3,510
- D₹3,460
Show answer
Answer: (C) ₹3,510
SP = CP × (100 − 10)/100 = ₹3,510.
The marked price of a watch is ₹600 and a discount of 15% is given. What is the selling price?
- A₹450
- B₹90
- C₹480
- D₹510
Show answer
Answer: (D) ₹510
SP = 600 × (100 − 15)/100 = ₹510.
These are RankerClub practice questions written in the AFCAT pattern. They are not official SSC/IBPS/RRB papers.
