Profit and Loss for RRB NTPC Exam 2024

The Railway Recruitment Board organizes the candidate selection test for the post of Non-Technical Popular Categories (NTPC). As the exam is conducted annually, every year a large number of candidates submit RRB NTPC application forms. Qualifying in a government exam like RRB NTPC is not an easy task. Aspirants who are preparing for the railway exam must discover a comprehensive learning strategy to get certified in the exam.

The complete RRB NTPC examination process includes; Computer-based test (CBT) which is the first stage, followed by second stage of CBT, a computer based aptitude test or typing skill test, document verification and medical examination. Candidates are informed to begin their exam preparation now itself. Here in this article we have discussed a few Profit and Loss questions for your upcoming examination.

Crack Railway exams with expert guidance! Get free Demo Classes Here!

Profit and Loss Previous Year Questions

Check out the top RRB NTPC Previous Year Questions given below;

Click Here! To download Profit and Loss previous year questions and answers PDFs!

Question 1: There is a 25% loss on selling an article at 2/5 of the marked price, then ratio of the marked price and the cost price of the article?

1. 15:8
2. 8:15
3. 5:2
4. 2:5

Question 2: A 20% discount is offered on the price of a fan listed at Rs 1500/-. To bring the net price to Rs 1104/-, what additional discount can be offered to the customer?

1. 15%
2. 12%
3. 10%
4. 8%

Question 3: A fruit merchant has sold half of his fruit at 20% profit, half from the remaining at 20% loss and sold the rest at cost price. What is his gain or loss in the total transaction?

1. 10% gain
2. 5% gain
3. 5% loss
4. Neither loss nor gain

Question 4: In a showroom the article list price is Rs 2000/- and it is sold out at successive discounts of 20% and 10%. Then what will be the net selling price?

1. Rs 1700
2. Rs 1520
3. Rs 1440
4. Rs 1400

Question 5: Rima purchased 120 chairs at a Price of Rs 110/- per chair. She sold 30 chairs at a profit of Rs 12 per chair, 75 chairs at a profit of Rs 14 per chair and the remaining chairs were sold at a loss of Rs 7 per chair. The average profit per table is;

1. Rs 12.875
2. Rs 12.80
3. Rs 10.875
4. Rs 10.04

Question 6: Raj buys an article for 10% less than its actual value and he sells it for 10% more than its value. What is his gain or loss percentage?

1. 20% profit
2. Less than 20% profit
3. No profit, No loss
4. More than 20% profit

Question 7: Rahul sells cricket bats at a discount of 15%, where its marked price is Rs 30/-. He gives a ball with each bat for free which costs Rs 1.50/-. Even then he makes a profit of 20%. What is the cost price per bat?

1. Rs 21.25
2. Rs 21
3. Rs 20
4. Rs 19.75

Question 8: Find the amount of bill if the difference between a discount of 35% and 20% of two successive discounts on a certain bill is Rs 22/-?

1. Data Inadequate
2. Rs 2200
3. Rs 1100
4. Rs 200

Question 9: Rani sold 12 pants for a total profit of Rs 144/- and 10 pants for a total profit of Rs 460/-. Find at what profit per pants should she sell the rest 20 pants so that he can receive an average profit of Rs 18 per pants?

1. Rs 8
2. Rs 7.80
3. Rs 7.60
4. Rs 7.40

Question 10: The marked price of a clock is Rs 720/-. A boy bought the same clock for Rs 550.80/- with two successive discounts, the first is of 10%. The second discount rate was;

1. 18%
2. 15%
3. 14%
4. 12%

Question 11: A shopkeeper purchased 12 packets of chips for Rs 40/-. How many packets of chips should he sell for Rs 50/- to get a profit of 25%?

1. 9
2. 10
3. 12
4. 15

Question 12: The equivalent discount of successive discounts 20%, 25% and 10% is;

1. 67%
2. 54%
3. 46%
4. 335

Question 13: Find the profit percentage made if the selling price of 500 articles is equivalent to the cost price of 350 articles?

1. 15%
2. 20%
3. 30%
4. 25%

Question 14: An article’s marked price is 20% above its cost. Find the discount percent allowed so that she can earn 12% profit?

1. 9 1/11%
2. 12%
3. 6 2/3%
4. 3 1/3%

Question 15: Find the marked price of the article, if it costs Rs 269.5 to the customer after applying a discount of 23%?

1. Rs 350
2. Rs 370
3. Rs 330
4. Rs 400

Hope the information provided in this article will help candidates in preparing for the RRB NTPC Examination. Candidates can try solving Profit and Loss previous year questions to evaluate their knowledge. Stay tuned with Entri App for latest updates!