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RBI Grade B Profit, Loss & Discount Questions with Answers & Explanations

20 Profit, Loss & Discount questions from the Quantitative Aptitude section of RBI Grade B, 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.

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Question 1

The marked price of a watch is ₹2,700 and a discount of 20% is given. What is the selling price?

  1. A₹2,500
  2. B₹2,295
  3. C₹2,160
  4. D₹540
  5. E₹2,025
Show answer
Answer: (C) ₹2,160 SP = 2700 × (100 − 20)/100 = ₹2,160.
Question 2

An article bought for ₹1,640 is sold for ₹2,050. What is the profit percentage?

  1. A30%
  2. B22.5%
  3. C20%
  4. D25%
  5. E27.5%
Show answer
Answer: (D) 25% Profit = ₹410; profit % = 410 ÷ 1640 × 100 = 25%.
Question 3

The marked price of a watch is ₹1,450 and a discount of 15% is given. What is the selling price?

  1. A₹217.50
  2. B₹1,160
  3. C₹1,300
  4. D₹1,232.50
  5. E₹1,305
Show answer
Answer: (D) ₹1,232.50 SP = 1450 × (100 − 15)/100 = ₹1,232.50.
Question 4

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

  1. A20%
  2. B22.5%
  3. C30%
  4. D25%
  5. E27.5%
Show answer
Answer: (D) 25% Profit = ₹50; profit % = 50 ÷ 200 × 100 = 25%.
Question 5

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₹560
  3. C₹500
  4. D₹520
  5. E₹600
Show answer
Answer: (B) ₹560 SP = 800 × (100 − 30)/100 = ₹560.
Question 6

An article bought for ₹1,680 is sold for ₹1,890. 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 = ₹210; profit % = 210 ÷ 1680 × 100 = 12.5%.
Question 7

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

  1. A₹637.50
  2. B₹600
  3. C₹680
  4. D₹595
  5. E₹212.50
Show answer
Answer: (A) ₹637.50 SP = 850 × (100 − 25)/100 = ₹637.50.
Question 8

An article bought for ₹1,400 is sold for ₹1,575. What is the profit percentage?

  1. A12.5%
  2. B17.5%
  3. C15%
  4. D10%
  5. E11.11%
Show answer
Answer: (A) 12.5% Profit = ₹175; profit % = 175 ÷ 1400 × 100 = 12.5%.
Question 9

The marked price of a watch is ₹3,150 and a discount of 20% is given. What is the selling price?

  1. A₹2,520
  2. B₹2,677.50
  3. C₹2,362.50
  4. D₹2,950
  5. E₹630
Show answer
Answer: (A) ₹2,520 SP = 3150 × (100 − 20)/100 = ₹2,520.
Question 10

An article bought for ₹1,720 is sold for ₹2,408. What is the profit percentage?

  1. A37.5%
  2. B45%
  3. C42.5%
  4. D40%
  5. E28.57%
Show answer
Answer: (D) 40% Profit = ₹688; profit % = 688 ÷ 1720 × 100 = 40%.

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Question 11

The marked price of a watch is ₹3,050 and a discount of 25% is given. What is the selling price?

  1. A₹2,135
  2. B₹762.50
  3. C₹2,800
  4. D₹2,440
  5. E₹2,287.50
Show answer
Answer: (E) ₹2,287.50 SP = 3050 × (100 − 25)/100 = ₹2,287.50.
Question 12

An article bought for ₹1,880 is sold for ₹2,162. What is the profit percentage?

  1. A20%
  2. B13.04%
  3. C17.5%
  4. D12.5%
  5. E15%
Show answer
Answer: (E) 15% Profit = ₹282; profit % = 282 ÷ 1880 × 100 = 15%.
Question 13

The marked price of a watch is ₹400 and a discount of 20% is given. What is the selling price?

  1. A₹320
  2. B₹80
  3. C₹340
  4. D₹300
  5. E₹200
Show answer
Answer: (A) ₹320 SP = 400 × (100 − 20)/100 = ₹320.
Question 14

An article bought for ₹1,160 is sold for ₹1,334. What is the profit percentage?

  1. A15%
  2. B17.5%
  3. C12.5%
  4. D20%
  5. E13.04%
Show answer
Answer: (A) 15% Profit = ₹174; profit % = 174 ÷ 1160 × 100 = 15%.
Question 15

The marked price of a watch is ₹1,200 and a discount of 20% is given. What is the selling price?

  1. A₹1,020
  2. B₹960
  3. C₹900
  4. D₹240
  5. E₹1,000
Show answer
Answer: (B) ₹960 SP = 1200 × (100 − 20)/100 = ₹960.
Question 16

An article bought for ₹960 is sold for ₹1,200. What is the profit percentage?

  1. A22.5%
  2. B20%
  3. C30%
  4. D27.5%
  5. E25%
Show answer
Answer: (E) 25% Profit = ₹240; profit % = 240 ÷ 960 × 100 = 25%.
Question 17

The marked price of a watch is ₹1,350 and a discount of 15% is given. What is the selling price?

  1. A₹1,215
  2. B₹1,147.50
  3. C₹202.50
  4. D₹1,080
  5. E₹1,200
Show answer
Answer: (B) ₹1,147.50 SP = 1350 × (100 − 15)/100 = ₹1,147.50.
Question 18

An article bought for ₹440 is sold for ₹572. What is the profit percentage?

  1. A30%
  2. B27.5%
  3. C23.08%
  4. D35%
  5. E32.5%
Show answer
Answer: (A) 30% Profit = ₹132; profit % = 132 ÷ 440 × 100 = 30%.
Question 19

The marked price of a watch is ₹1,100 and a discount of 20% is given. What is the selling price?

  1. A₹900
  2. B₹935
  3. C₹825
  4. D₹220
  5. E₹880
Show answer
Answer: (E) ₹880 SP = 1100 × (100 − 20)/100 = ₹880.
Question 20

An article bought for ₹520 is sold for ₹598. What is the profit percentage?

  1. A13.04%
  2. B12.5%
  3. C20%
  4. D15%
  5. E17.5%
Show answer
Answer: (D) 15% Profit = ₹78; profit % = 78 ÷ 520 × 100 = 15%.

These are RankerClub practice questions written in the RBI Grade B pattern. They are not official SSC/IBPS/RRB papers.

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