An article bought for ₹1,520 is sold for ₹1,748. What is the profit percentage?
- A15%
- B12.5%
- C17.5%
- D13.04%
Show answer
Answer: (A) 15%
Profit = ₹228; profit % = 228 ÷ 1520 × 100 = 15%.
CAT Profit, Loss & Discount Questions with Answers & Explanations
20 Profit, Loss & Discount questions from the Quantitative Ability section of CAT, 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
- A60%
- B54%
- C30%
- D52%
Show answer
Answer: (D) 52%
Equivalent discount = 40 + 20 − (40 × 20)/100 = 52%.
The marked price of a watch is ₹3,750 and a discount of 10% is given. What is the selling price?
- A₹375
- B₹3,375
- C₹3,650
- D₹3,187.50
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Answer: (B) ₹3,375
SP = 3750 × (100 − 10)/100 = ₹3,375.
An article bought for ₹960 is sold for ₹1,344. What is the profit percentage?
- A45%
- B40%
- C28.57%
- D42.5%
Show answer
Answer: (B) 40%
Profit = ₹384; profit % = 384 ÷ 960 × 100 = 40%.
A shopkeeper buys an item for ₹3,700 and sells it at a loss of 15%. What is the selling price?
- A₹3,095
- B₹3,145
- C₹3,195
- D₹3,685
Show answer
Answer: (B) ₹3,145
SP = CP × (100 − 15)/100 = ₹3,145.
Two successive discounts of 20% and 10% are equivalent to a single discount of
- A30%
- B28%
- C15%
- D26.5%
Show answer
Answer: (B) 28%
Equivalent discount = 20 + 10 − (20 × 10)/100 = 28%.
The marked price of a watch is ₹3,000 and a discount of 20% is given. What is the selling price?
- A₹2,250
- B₹2,400
- C₹2,550
- D₹2,800
Show answer
Answer: (B) ₹2,400
SP = 3000 × (100 − 20)/100 = ₹2,400.
An article bought for ₹560 is sold for ₹630. What is the profit percentage?
- A12.5%
- B10%
- C17.5%
- D11.11%
Show answer
Answer: (A) 12.5%
Profit = ₹70; profit % = 70 ÷ 560 × 100 = 12.5%.
A shopkeeper buys an item for ₹1,300 and sells it at a loss of 25%. What is the selling price?
- A₹925
- B₹1,025
- C₹1,275
- D₹975
Show answer
Answer: (D) ₹975
SP = CP × (100 − 25)/100 = ₹975.
Two successive discounts of 25% and 20% are equivalent to a single discount of
- A38.5%
- B22.5%
- C45%
- D40%
Show answer
Answer: (D) 40%
Equivalent discount = 25 + 20 − (25 × 20)/100 = 40%.
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Timed Quantitative Ability test · 22 questions · instant rank
The marked price of a watch is ₹2,750 and a discount of 10% is given. What is the selling price?
- A₹2,337.50
- B₹2,475
- C₹2,650
- D₹275
Show answer
Answer: (B) ₹2,475
SP = 2750 × (100 − 10)/100 = ₹2,475.
An article bought for ₹560 is sold for ₹588. What is the profit percentage?
- A4.76%
- B7.5%
- C5%
- D10%
Show answer
Answer: (C) 5%
Profit = ₹28; profit % = 28 ÷ 560 × 100 = 5%.
A shopkeeper buys an item for ₹1,500 and sells it at a loss of 15%. What is the selling price?
- A₹1,325
- B₹1,275
- C₹1,725
- D₹1,225
Show answer
Answer: (B) ₹1,275
SP = CP × (100 − 15)/100 = ₹1,275.
Two successive discounts of 20% and 20% are equivalent to a single discount of
- A36%
- B40%
- C34.5%
- D20%
Show answer
Answer: (A) 36%
Equivalent discount = 20 + 20 − (20 × 20)/100 = 36%.
The marked price of a watch is ₹1,650 and a discount of 20% is given. What is the selling price?
- A₹330
- B₹1,320
- C₹1,237.50
- D₹1,450
Show answer
Answer: (B) ₹1,320
SP = 1650 × (100 − 20)/100 = ₹1,320.
An article bought for ₹840 is sold for ₹1,176. What is the profit percentage?
- A45%
- B40%
- C42.5%
- D28.57%
Show answer
Answer: (B) 40%
Profit = ₹336; profit % = 336 ÷ 840 × 100 = 40%.
A shopkeeper buys an item for ₹2,200 and sells it at a loss of 5%. What is the selling price?
- A₹2,040
- B₹2,310
- C₹2,195
- D₹2,090
Show answer
Answer: (D) ₹2,090
SP = CP × (100 − 5)/100 = ₹2,090.
Two successive discounts of 40% and 20% are equivalent to a single discount of
- A60%
- B30%
- C52%
- D54%
Show answer
Answer: (C) 52%
Equivalent discount = 40 + 20 − (40 × 20)/100 = 52%.
An article bought for ₹1,920 is sold for ₹2,016. What is the profit percentage?
- A2.5%
- B7.5%
- C4.76%
- D5%
Show answer
Answer: (D) 5%
Profit = ₹96; profit % = 96 ÷ 1920 × 100 = 5%.
A shopkeeper buys an item for ₹400 and sells it at a loss of 5%. What is the selling price?
- A₹330
- B₹430
- C₹395
- D₹380
Show answer
Answer: (D) ₹380
SP = CP × (100 − 5)/100 = ₹380.
These are RankerClub practice questions written in the CAT pattern. They are not official SSC/IBPS/RRB papers.
