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

Total Questions: 50

31. If the cost price of an article is ₹2,500 and its selling price is ₹2,375, then the loss percentage is: [Group D 17/08/2022 (Morning) ]

Correct Answer: (b) 5%
Solution:

32. Venkat bought a second-hand scooter and spent 10% of the cost on its repairs. He sold the scooter for a profit of 2,200. How much did he spend on repairs if he made a profit of 20%? [Group D 17/08/2022 (Evening)]

Correct Answer: (c) Rs. 1,000
Solution:

33. A shopkeeper sold a book at a loss of 14%. If the selling price had been increased by ₹100, there would have been a gain of 6%. What was the cost price (in Rs.) of the book? [Group D 17/08/2022 (Evening)]

Correct Answer: (b) ₹500
Solution:

34. A television costs Rs. 35,000 less than a printer. If the cost of the printer is twice the cost of the television, then the cost of the television is: [Group D 18/08/2022 (Morning)]

Correct Answer: (d) Rs. 35,000
Solution:

35. A man buys 15 identical articles for a total of ₹15. If he sells each of them for ₹1.23, then his profit percentage is: [Group D 18/08/2022 (Afternoon)]

Correct Answer: (a) 23%
Solution:

36. A shopkeeper sells an item at a profit of 25% and dishonestly uses a weight that is 30% less than the actual weight. Find his total profit. [Group D 18/08/2022 (Evening)]

Correct Answer: (b) 78.57%
Solution:

37. A blanket is sold for Rs. 1,148, which results in a loss of 30%. For how much should it be sold to gain 5%? [Group D 22/08/2022 (Morning)]

Correct Answer: (d) ₹1,722
Solution:

38. The price of an article is increased by 20% and then two successive discounts of 5% each are allowed. The selling price of the article is ______ above its cost price. [Group D 22/08/2022 (Morning)]

Correct Answer: (d) 8.3%
Solution:

39. By selling an item at a 10% profit a seller makes a profit of ₹777.70. Find the cost price of the item. [Group D 22/08/2022 (Afternoon)]

Correct Answer: (b) ₹7,777
Solution:

40. A shopkeeper bought 12 dozen eggs at the rate of ₹5 per egg. 12 eggs broke in transit. He sold the remaining eggs at the rate of ₹6 per egg. Find his percentage of profit. [Group D 22/08/2022 (Evening) ]

Correct Answer: (b) 10%
Solution: