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IBPS PO Profit, Loss & Discount Questions with Answers & Explanations

20 Profit, Loss & Discount questions from the Quantitative Aptitude section of IBPS PO, 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

An article bought for ₹800 is sold for ₹1,120. What is the profit percentage?

  1. A28.57%
  2. B37.5%
  3. C40%
  4. D45%
  5. E42.5%
Show answer
Answer: (C) 40% Profit = ₹320; profit % = 320 ÷ 800 × 100 = 40%.
Question 2

An article bought for ₹480 is sold for ₹552. What is the profit percentage?

  1. A17.5%
  2. B13.04%
  3. C12.5%
  4. D20%
  5. E15%
Show answer
Answer: (E) 15% Profit = ₹72; profit % = 72 ÷ 480 × 100 = 15%.
Question 3

The marked price of a watch is ₹3,800 and a discount of 30% is given. What is the selling price?

  1. A₹2,660
  2. B₹2,470
  3. C₹1,140
  4. D₹3,500
  5. E₹2,850
Show answer
Answer: (A) ₹2,660 SP = 3800 × (100 − 30)/100 = ₹2,660.
Question 4

The marked price of a watch is ₹2,400 and a discount of 10% is given. What is the selling price?

  1. A₹2,280
  2. B₹2,160
  3. C₹240
  4. D₹2,300
  5. E₹2,040
Show answer
Answer: (B) ₹2,160 SP = 2400 × (100 − 10)/100 = ₹2,160.
Question 5

The marked price of a watch is ₹2,800 and a discount of 20% is given. What is the selling price?

  1. A₹2,100
  2. B₹560
  3. C₹2,240
  4. D₹2,380
  5. E₹2,600
Show answer
Answer: (C) ₹2,240 SP = 2800 × (100 − 20)/100 = ₹2,240.
Question 6

An article bought for ₹1,160 is sold for ₹1,276. What is the profit percentage?

  1. A15%
  2. B9.09%
  3. C10%
  4. D12.5%
  5. E7.5%
Show answer
Answer: (C) 10% Profit = ₹116; profit % = 116 ÷ 1160 × 100 = 10%.
Question 7

The marked price of a watch is ₹850 and a discount of 30% is given. What is the selling price?

  1. A₹552.50
  2. B₹550
  3. C₹637.50
  4. D₹595
  5. E₹255
Show answer
Answer: (D) ₹595 SP = 850 × (100 − 30)/100 = ₹595.
Question 8

An article bought for ₹1,960 is sold for ₹2,254. What is the profit percentage?

  1. A15%
  2. B13.04%
  3. C20%
  4. D17.5%
  5. E12.5%
Show answer
Answer: (A) 15% Profit = ₹294; profit % = 294 ÷ 1960 × 100 = 15%.
Question 9

The marked price of a watch is ₹3,100 and a discount of 15% is given. What is the selling price?

  1. A₹2,635
  2. B₹465
  3. C₹2,950
  4. D₹2,790
  5. E₹2,480
Show answer
Answer: (A) ₹2,635 SP = 3100 × (100 − 15)/100 = ₹2,635.
Question 10

An article bought for ₹1,880 is sold for ₹2,068. What is the profit percentage?

  1. A10%
  2. B12.5%
  3. C15%
  4. D7.5%
  5. E9.09%
Show answer
Answer: (A) 10% Profit = ₹188; profit % = 188 ÷ 1880 × 100 = 10%.

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Question 11

The marked price of a watch is ₹950 and a discount of 15% is given. What is the selling price?

  1. A₹855
  2. B₹142.50
  3. C₹807.50
  4. D₹800
  5. E₹760
Show answer
Answer: (C) ₹807.50 SP = 950 × (100 − 15)/100 = ₹807.50.
Question 12

An article bought for ₹200 is sold for ₹250. What is the profit percentage?

  1. A25%
  2. B22.5%
  3. C30%
  4. D27.5%
  5. E20%
Show answer
Answer: (A) 25% Profit = ₹50; profit % = 50 ÷ 200 × 100 = 25%.
Question 13

The marked price of a watch is ₹2,600 and a discount of 20% is given. What is the selling price?

  1. A₹2,210
  2. B₹2,400
  3. C₹2,080
  4. D₹1,950
  5. E₹520
Show answer
Answer: (C) ₹2,080 SP = 2600 × (100 − 20)/100 = ₹2,080.
Question 14

An article bought for ₹320 is sold for ₹360. What is the profit percentage?

  1. A11.11%
  2. B12.5%
  3. C15%
  4. D10%
  5. E17.5%
Show answer
Answer: (B) 12.5% Profit = ₹40; profit % = 40 ÷ 320 × 100 = 12.5%.
Question 15

The marked price of a watch is ₹1,900 and a discount of 25% is given. What is the selling price?

  1. A₹1,650
  2. B₹475
  3. C₹1,520
  4. D₹1,330
  5. E₹1,425
Show answer
Answer: (E) ₹1,425 SP = 1900 × (100 − 25)/100 = ₹1,425.
Question 16

An article bought for ₹1,400 is sold for ₹1,960. What is the profit percentage?

  1. A45%
  2. B42.5%
  3. C28.57%
  4. D37.5%
  5. E40%
Show answer
Answer: (E) 40% Profit = ₹560; profit % = 560 ÷ 1400 × 100 = 40%.
Question 17

The marked price of a watch is ₹1,400 and a discount of 25% is given. What is the selling price?

  1. A₹350
  2. B₹1,150
  3. C₹980
  4. D₹1,050
  5. E₹1,120
Show answer
Answer: (D) ₹1,050 SP = 1400 × (100 − 25)/100 = ₹1,050.
Question 18

An article bought for ₹1,360 is sold for ₹1,428. What is the profit percentage?

  1. A4.76%
  2. B7.5%
  3. C2.5%
  4. D10%
  5. E5%
Show answer
Answer: (E) 5% Profit = ₹68; profit % = 68 ÷ 1360 × 100 = 5%.
Question 19

The marked price of a watch is ₹3,450 and a discount of 10% is given. What is the selling price?

  1. A₹3,105
  2. B₹3,277.50
  3. C₹2,932.50
  4. D₹3,350
  5. E₹345
Show answer
Answer: (A) ₹3,105 SP = 3450 × (100 − 10)/100 = ₹3,105.
Question 20

An article bought for ₹440 is sold for ₹495. What is the profit percentage?

  1. A17.5%
  2. B15%
  3. C11.11%
  4. D10%
  5. E12.5%
Show answer
Answer: (E) 12.5% Profit = ₹55; profit % = 55 ÷ 440 × 100 = 12.5%.

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