✍️ Introduction
Welcome to Part 9 of our Profit and Loss Questions with Answers series. This practice set contains Questions 81–90, specially designed for aspirants preparing for IBPS PO, SBI PO, RBI Assistant, LIC AAO, SSC CGL, RRB, and other competitive examinations.
The questions in this part are based on a hard-level difficulty pattern and are created according to the latest banking exam trends. This set covers advanced Profit and Loss concepts such as successive discounts, marked price, effective cost price, additional expenses, false weight concept, reverse profit calculations, multiple selling prices, and mixed profit and loss problems.
Each question includes an easy-to-understand shortcut method to help you reduce calculation time and improve your accuracy during the exam. These questions are completely original and designed to strengthen your problem-solving ability for competitive exams.
Before checking the answers, try solving each question yourself within the given time limit. Regular practice with these Profit and Loss Questions with Answers will help you build confidence and improve your performance in the Quantitative Aptitude section.
Table of Contents
Question 81
Question
A trader purchased an article for ₹15,000. He spent 12% of the cost price on transportation and packaging. He marked the article 50% above the total cost and allowed a discount of 20%. Find his profit percentage.
⭐ Shortcut Method
Total Cost = 112% of ₹15,000
Selling Price = 150% × 80% = 120% of Total Cost
Profit = 120% − 100%
Answer
20% Profit
Question 82
Question
A shopkeeper marks an article 75% above its cost price. He gives two successive discounts of 20% and 16%. If the selling price is ₹10,080, find the cost price.
⭐ Shortcut Method
Selling Price = 175% × 80% × 84%
= 117.6% of Cost Price
Cost Price = 10,080 ÷ 1.176
Answer
₹8,571.43 (Approx.)
Question 83
Question
A dealer sells an article at 15% loss. If he had sold it for ₹2,760 more, he would have earned a profit of 8%. Find the cost price of the article.
⭐ Shortcut Method
Difference in profit/loss percentage
= 15% + 8%
= 23%
23% of CP = ₹2,760
CP = 2,760 × 100 ÷ 23
Answer
₹12,000
Question 84
Question
A trader sells two articles for ₹9,600 each. On one article he gains 25%, while on the other he loses 20%. Find the overall profit or loss percentage.
⭐ Shortcut Method
CP of first article = 9,600 ÷ 125% = ₹7,680
CP of second article = 9,600 ÷ 80% = ₹12,000
Total CP = ₹19,680
Total SP = ₹19,200
Loss = ₹480
Loss % = 480 ÷ 19,680 × 100
Answer
2.44% Loss (Approx.)
Question 85
Question
A shopkeeper uses a false weight of 900 grams instead of 1 kg and sells goods at the cost price rate. Find his gain percentage.
⭐ Shortcut Method
Gain % = (Difference in weight ÷ Actual weight) × 100
= (100 ÷ 900) × 100
Answer
11.11% Gain
Question 86
Question
A merchant purchased an article for ₹20,000. He increased the price by 30%, then decreased the marked price by 10%, and finally gave an additional discount of 5%. Find his profit percentage.
⭐ Shortcut Method
Selling Factor = 130% × 90% × 95%
= 111.15%
Profit = 111.15 − 100
Answer
11.15% Profit
Question 87
Question
A trader sold an article at 24% profit. If both the cost price and selling price are increased by ₹1,200, the profit percentage becomes 20%. Find the original cost price.
⭐ Shortcut Method
Let CP = x
SP = 124% of x
(x + 1200) × 120% = 124%x + 1200
Solve:
0.04x = 240
x = 6000
Answer
₹6,000
Question 88
Question
A dealer marks an article 90% above cost price. After allowing a discount of 25%, he still earns a profit of ₹2,700. Find the cost price.
⭐ Shortcut Method
Selling Price = 190% × 75%
= 142.5% of CP
Profit = 42.5% of CP
42.5% of CP = 2700
CP = 2700 × 100 ÷ 42.5
Answer
₹6,352.94 (Approx.)
Question 89
Question
A shopkeeper buys an article after getting 20% discount on the marked price. He sells it at 25% above the purchase price. If the selling price is ₹15,000, find the marked price.
⭐ Shortcut Method
Selling Price = 125% of Purchase Price
Purchase Price = 15,000 ÷ 1.25
= ₹12,000
Marked Price = 12,000 ÷ 80%
Answer
₹15,000
Question 90
Question
A trader marks an article 100% above its cost price. He allows successive discounts of 25%, 20%, and 10%. Find his profit percentage.
⭐ Shortcut Method
Selling Factor = 200% × 75% × 80% × 90%
= 108%
Profit = 108 − 100
Answer
8% Profit
📖 Previous Parts
- Profit and Loss Questions with Answers (1–10) – Part 1
- Profit and Loss Questions with Answers (11–20) – Part 2
- Profit and Loss Questions with Answers (21–30) – Part 3
- Profit and Loss Questions with Answers (31–40) – Part 4
- Profit and Loss Questions with Answers (41–50) – Part 5
- Profit and Loss Questions with Answers (51–60) – Part 6
- Profit and Loss Questions with Answers (61–70) – Part 7
- Profit and Loss Questions with Answers (71–80) – Part 8
- Profit and Loss Questions with Answers (91–100) – Part 10
⭐ Recommended Reading
💡 Shortcut Trick of the Day
Reverse Profit and Loss Trick
In many banking exam questions, the Selling Price and Profit/Loss percentage are given, and you need to find the Cost Price. Instead of making lengthy calculations, use the reverse percentage factor method.
Example:
If an article is sold at 25% profit:
Selling Price = 125% of CP
So,
CP = SP × 100 / 125
If an article is sold at 20% loss:
Selling Price = 80% of CP
So,
CP = SP × 100 / 80
⚡ Banking Exam Tip: This shortcut is especially useful in questions where the selling price changes and the profit/loss percentage changes. It helps solve reverse calculation problems quickly in IBPS PO, SBI PO, SSC CGL, RBI Assistant, and LIC AAO exams.
🎯 Challenge Question
A trader purchased two articles for a total cost of ₹18,000. He sold the first article at a 25% profit and the second article at a 20% loss. If the selling price of both articles was the same, find the cost price of each article.
👉 Try solving this using the reverse percentage shortcut method and share your answer in the comments.
