Profit and Loss (Railway Maths) (Part – I)

Total Questions: 50

21. On selling a chair at 5% loss and a table at 15% gain, a man gains Rs. 300. If he sells the chair at 5% gain and the table at 5% gain, then he gains Rs. 180. The actual cost of the table is: [NTPC CBT-I 14/03/2021 (Evening)]

Correct Answer: (b) Rs. 2400
Solution:

22. 1/3 of a commodity is sold at the rate of 15% profit, 1/4 is sold at the rate of 20% profit and the rest is sold at the rate of 24% profit. If a total profit of Rs. 62 is earned, then find the cost price of the commodity. [NTPC CBT-I 27/03/2021 (Morning)]

Correct Answer: (a) Rs. 310
Solution:

23. The ratio of the marked price to the cost price of an article is 5:3. If the selling price of that article is Rs. 3645 and the shopkeeper gave two successive discounts of 25% and 10% on the marked price, then what is the profit or loss percent during this transaction? [NTPC CBT-I 08/04/2021 (Evening)]

Correct Answer: (d) profit 12.5%
Solution:

24. A milkman mixes 10% water in pure milk but he is not content with it. So, he again mixes 10% more water in the previous mixture. What is the profit percentage of milk if he sells it at cost price? [NTPC CBT-I 23/07/2021 (Evening)]

Correct Answer: (c) 21%
Solution:

25. Two varieties of tomatoes are bought in the ratio 2 : 3, where the price of first variety is twice that of the second. The varieties are mixed and sold at Rs.17.50 per kg, resulting in a profit of 25%. Find the costs of the two varieties before selling. [RRB JE 02/06/2019 (Afternoon) ]

Correct Answer: (d) Rs.20, Rs.10
Solution:

26. If the selling price is Rs. 1680 there is a loss of 16%, what should be the marked price on this product, if after allowing a discount of 8% there is a profit of 15% ? [RRB JE 28/06/2019 (Evening) ]

Correct Answer: (b) Rs.2500
Solution:

27. A trader buys 60 bags of grain at the rate of ₹400 each. If it sells 18 bags at 8% profit, at what price should it sell the remaining bags to make a total profit of 16.4% on 60 bags? [ALP Tier-2 23/01/2019 (Morning)]

Correct Answer: (b) ₹480
Solution:

28. If the selling price doubles, then the profit on it becomes four times. Calculate profit. [ALP Tier-II 08/02/2019 (Morning)]

Correct Answer: (a) 50%
Solution:

29. Yaman sold an item at a loss of 10%. If he had sold it for ₹57 more, he would have made a profit of 20%. What should be the selling price of the item to make a profit of 30%? [RRB ALP Tier-I 20/08/2018 (Evening)]

Correct Answer: (a) ₹247
Solution:

30. A shopkeeper sells two items at a rate of Rs.891 each. On one object did benefit 10 percent and on the other it did a loss of 10%. Find the percentage of overall profit or loss. [RPF Constable 19/01/2019 (Morning) ]

Correct Answer: (b) 1% Loss
Solution: