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Profit and Loss Questions for AFCAT

Free, AI-curated practice for the Profit and Loss section of AFCAT. We have 15+ verified questions in this bank. Below: 5 sample questions. Sign up free to unlock unlimited practice + AI explanations + per-topic analytics.

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📍 Profit and Loss is also tested in:
SSC CGL (30)RRB NTPC (30)SSC CHSL (21)SSC GD (15)

Sample questions

Q1 · medium · AI-verified
If the cost price of 15 articles is equal to the selling price of 12 articles, what is the profit percentage?
  1. 25%
  2. 15%
  3. 30%
  4. 20%
Q2 · medium · AI-verified
A dealer sells his goods at cost price but uses a weight of 800g instead of 1 kg. What is his profit percentage?
  1. 25%
  2. 20%
  3. 22%
  4. 24%
Q3 · medium · AI-verified
If a shirt is sold for Rs. 285, there is a loss of 5%. At what price should it be sold to gain 15%?
  1. Rs. 345
  2. Rs. 350
  3. Rs. 340
  4. Rs. 355
Q4 · medium · AI-verified
A trader bought an article for Rs. 800 and spent Rs. 200 on its repair. He then sold it at 20% profit. What was the selling price?
  1. Rs. 1200
  2. Rs. 1000
  3. Rs. 1100
  4. Rs. 1150
Q5 · medium · AI-verified
A shopkeeper marks up his goods by 40% but gives a discount such that he gains only 12%. What is the discount percentage?
  1. 20%
  2. 25%
  3. 28%
  4. 30%
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