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ISRO Scientist Profit, Loss & Discount Questions with Answers & Explanations

20 Profit, Loss & Discount questions from the Quantitative Aptitude section of ISRO Scientist, 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 ₹1,200 is sold for ₹1,680. What is the profit percentage?

  1. A28.57%
  2. B40%
  3. C42.5%
  4. D37.5%
Show answer
Answer: (B) 40% Profit = ₹480; profit % = 480 ÷ 1200 × 100 = 40%.
Question 2

The marked price of a watch is ₹3,250 and a discount of 20% is given. What is the selling price?

  1. A₹3,050
  2. B₹2,762.50
  3. C₹2,600
  4. D₹650
Show answer
Answer: (C) ₹2,600 SP = 3250 × (100 − 20)/100 = ₹2,600.
Question 3

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

  1. A30%
  2. B50.5%
  3. C54%
  4. D52%
Show answer
Answer: (D) 52% Equivalent discount = 40 + 20 − (40 × 20)/100 = 52%.
Question 4

Two successive discounts of 15% and 10% are equivalent to a single discount of

  1. A25.5%
  2. B23.5%
  3. C22%
  4. D25%
Show answer
Answer: (B) 23.5% Equivalent discount = 15 + 10 − (15 × 10)/100 = 23.5%.
Question 5

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

  1. A₹2,932.50
  2. B₹345
  3. C₹3,105
  4. D₹3,277.50
Show answer
Answer: (C) ₹3,105 SP = 3450 × (100 − 10)/100 = ₹3,105.
Question 6

An article bought for ₹1,240 is sold for ₹1,302. What is the profit percentage?

  1. A2.5%
  2. B5%
  3. C10%
  4. D7.5%
Show answer
Answer: (B) 5% Profit = ₹62; profit % = 62 ÷ 1240 × 100 = 5%.
Question 7

A shopkeeper buys an item for ₹3,700 and sells it at a loss of 20%. What is the selling price?

  1. A₹2,910
  2. B₹3,010
  3. C₹3,680
  4. D₹2,960
Show answer
Answer: (D) ₹2,960 SP = CP × (100 − 20)/100 = ₹2,960.
Question 8

Two successive discounts of 25% and 20% are equivalent to a single discount of

  1. A40%
  2. B42%
  3. C38.5%
  4. D45%
Show answer
Answer: (A) 40% Equivalent discount = 25 + 20 − (25 × 20)/100 = 40%.
Question 9

The marked price of a watch is ₹2,000 and a discount of 10% is given. What is the selling price?

  1. A₹1,900
  2. B₹1,700
  3. C₹1,800
  4. D₹200
Show answer
Answer: (C) ₹1,800 SP = 2000 × (100 − 10)/100 = ₹1,800.
Question 10

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

  1. A15%
  2. B13.04%
  3. C12.5%
  4. D20%
Show answer
Answer: (A) 15% Profit = ₹294; profit % = 294 ÷ 1960 × 100 = 15%.

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Question 11

A shopkeeper buys an item for ₹3,300 and sells it at a loss of 15%. What is the selling price?

  1. A₹2,805
  2. B₹3,795
  3. C₹2,855
  4. D₹2,755
Show answer
Answer: (A) ₹2,805 SP = CP × (100 − 15)/100 = ₹2,805.
Question 12

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 13

The marked price of a watch is ₹2,900 and a discount of 25% is given. What is the selling price?

  1. A₹2,320
  2. B₹2,650
  3. C₹725
  4. D₹2,175
Show answer
Answer: (D) ₹2,175 SP = 2900 × (100 − 25)/100 = ₹2,175.
Question 14

An article bought for ₹1,640 is sold for ₹2,296. What is the profit percentage?

  1. A45%
  2. B42.5%
  3. C28.57%
  4. D40%
Show answer
Answer: (D) 40% Profit = ₹656; profit % = 656 ÷ 1640 × 100 = 40%.
Question 15

A shopkeeper buys an item for ₹2,900 and sells it at a loss of 20%. What is the selling price?

  1. A₹3,480
  2. B₹2,320
  3. C₹2,370
  4. D₹2,880
Show answer
Answer: (B) ₹2,320 SP = CP × (100 − 20)/100 = ₹2,320.
Question 16

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

  1. A20%
  2. B21%
  3. C19%
  4. D17.5%
Show answer
Answer: (C) 19% Equivalent discount = 10 + 10 − (10 × 10)/100 = 19%.
Question 17

The marked price of a watch is ₹1,000 and a discount of 15% is given. What is the selling price?

  1. A₹900
  2. B₹800
  3. C₹150
  4. D₹850
Show answer
Answer: (D) ₹850 SP = 1000 × (100 − 15)/100 = ₹850.
Question 18

An article bought for ₹2,000 is sold for ₹2,600. What is the profit percentage?

  1. A23.08%
  2. B30%
  3. C27.5%
  4. D32.5%
Show answer
Answer: (B) 30% Profit = ₹600; profit % = 600 ÷ 2000 × 100 = 30%.
Question 19

A shopkeeper buys an item for ₹1,100 and sells it at a loss of 15%. What is the selling price?

  1. A₹885
  2. B₹985
  3. C₹1,085
  4. D₹935
Show answer
Answer: (D) ₹935 SP = CP × (100 − 15)/100 = ₹935.
Question 20

The marked price of a watch is ₹3,300 and a discount of 20% is given. What is the selling price?

  1. A₹2,640
  2. B₹2,475
  3. C₹660
  4. D₹3,100
Show answer
Answer: (A) ₹2,640 SP = 3300 × (100 − 20)/100 = ₹2,640.

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