🎯 RankerClub is 100% Free — 97 full-length mock tests with an instant all-India rank. Register Free →
RankerClub

Agniveer Army Profit, Loss & Discount Questions with Answers & Explanations

20 Profit, Loss & Discount questions from the Mathematics section of Agniveer Army, 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.

Question 1

A shopkeeper buys an item for ₹2,700 and sells it at a loss of 5%. What is the selling price?

  1. A₹2,565
  2. B₹2,515
  3. C₹2,695
  4. D₹2,835
Show answer
Answer: (A) ₹2,565 SP = CP × (100 − 5)/100 = ₹2,565.
Question 2

Two successive discounts of 40% and 20% are equivalent to a single discount of

  1. A52%
  2. B54%
  3. C50.5%
  4. D30%
Show answer
Answer: (A) 52% Equivalent discount = 40 + 20 − (40 × 20)/100 = 52%.
Question 3

An article bought for ₹1,080 is sold for ₹1,134. What is the profit percentage?

  1. A2.5%
  2. B7.5%
  3. C5%
  4. D10%
Show answer
Answer: (C) 5% Profit = ₹54; profit % = 54 ÷ 1080 × 100 = 5%.
Question 4

An article bought for ₹1,280 is sold for ₹1,408. What is the profit percentage?

  1. A7.5%
  2. B10%
  3. C9.09%
  4. D15%
Show answer
Answer: (B) 10% Profit = ₹128; profit % = 128 ÷ 1280 × 100 = 10%.
Question 5

Two successive discounts of 30% and 10% are equivalent to a single discount of

  1. A37%
  2. B35.5%
  3. C20%
  4. D40%
Show answer
Answer: (A) 37% Equivalent discount = 30 + 10 − (30 × 10)/100 = 37%.
Question 6

The marked price of a watch is ₹550 and a discount of 10% is given. What is the selling price?

  1. A₹522.50
  2. B₹450
  3. C₹467.50
  4. D₹495
Show answer
Answer: (D) ₹495 SP = 550 × (100 − 10)/100 = ₹495.
Question 7

A shopkeeper buys an item for ₹2,500 and sells it at a loss of 5%. What is the selling price?

  1. A₹2,425
  2. B₹2,375
  3. C₹2,625
  4. D₹2,325
Show answer
Answer: (B) ₹2,375 SP = CP × (100 − 5)/100 = ₹2,375.
Question 8

An article bought for ₹520 is sold for ₹585. What is the profit percentage?

  1. A12.5%
  2. B17.5%
  3. C10%
  4. D11.11%
Show answer
Answer: (A) 12.5% Profit = ₹65; profit % = 65 ÷ 520 × 100 = 12.5%.
Question 9

Two successive discounts of 20% and 10% are equivalent to a single discount of

  1. A28%
  2. B15%
  3. C30%
  4. D26.5%
Show answer
Answer: (A) 28% Equivalent discount = 20 + 10 − (20 × 10)/100 = 28%.
Question 10

The marked price of a watch is ₹1,850 and a discount of 25% is given. What is the selling price?

  1. A₹1,480
  2. B₹1,387.50
  3. C₹1,295
  4. D₹462.50
Show answer
Answer: (B) ₹1,387.50 SP = 1850 × (100 − 25)/100 = ₹1,387.50.

Ready for the real thing?
Timed Mathematics test · 15 questions · instant rank

Start free test
Question 11

A shopkeeper buys an item for ₹3,400 and sells it at a loss of 20%. What is the selling price?

  1. A₹2,720
  2. B₹4,080
  3. C₹2,670
  4. D₹3,380
Show answer
Answer: (A) ₹2,720 SP = CP × (100 − 20)/100 = ₹2,720.
Question 12

An article bought for ₹1,800 is sold for ₹2,070. What is the profit percentage?

  1. A12.5%
  2. B15%
  3. C17.5%
  4. D13.04%
Show answer
Answer: (B) 15% Profit = ₹270; profit % = 270 ÷ 1800 × 100 = 15%.
Question 13

Two successive discounts of 20% and 20% are equivalent to a single discount of

  1. A38%
  2. B34.5%
  3. C40%
  4. D36%
Show answer
Answer: (D) 36% Equivalent discount = 20 + 20 − (20 × 20)/100 = 36%.
Question 14

The marked price of a watch is ₹900 and a discount of 30% is given. What is the selling price?

  1. A₹675
  2. B₹630
  3. C₹585
  4. D₹600
Show answer
Answer: (B) ₹630 SP = 900 × (100 − 30)/100 = ₹630.
Question 15

A shopkeeper buys an item for ₹1,200 and sells it at a loss of 20%. What is the selling price?

  1. A₹1,010
  2. B₹960
  3. C₹1,440
  4. D₹910
Show answer
Answer: (B) ₹960 SP = CP × (100 − 20)/100 = ₹960.
Question 16

An article bought for ₹400 is sold for ₹480. What is the profit percentage?

  1. A20%
  2. B16.67%
  3. C17.5%
  4. D25%
Show answer
Answer: (A) 20% Profit = ₹80; profit % = 80 ÷ 400 × 100 = 20%.
Question 17

The marked price of a watch is ₹2,400 and a discount of 30% is given. What is the selling price?

  1. A₹720
  2. B₹1,560
  3. C₹1,680
  4. D₹1,800
Show answer
Answer: (C) ₹1,680 SP = 2400 × (100 − 30)/100 = ₹1,680.
Question 18

A shopkeeper buys an item for ₹2,100 and sells it at a loss of 5%. What is the selling price?

  1. A₹2,095
  2. B₹1,945
  3. C₹1,995
  4. D₹2,045
Show answer
Answer: (C) ₹1,995 SP = CP × (100 − 5)/100 = ₹1,995.
Question 19

An article bought for ₹1,720 is sold for ₹1,935. What is the profit percentage?

  1. A12.5%
  2. B17.5%
  3. C11.11%
  4. D10%
Show answer
Answer: (A) 12.5% Profit = ₹215; profit % = 215 ÷ 1720 × 100 = 12.5%.
Question 20

The marked price of a watch is ₹800 and a discount of 30% is given. What is the selling price?

  1. A₹240
  2. B₹520
  3. C₹560
  4. D₹500
Show answer
Answer: (C) ₹560 SP = 800 × (100 − 30)/100 = ₹560.

These are RankerClub practice questions written in the Agniveer Army pattern. They are not official SSC/IBPS/RRB papers.

More Mathematics topics

All Agniveer Army topics →