Profit Quiz
Practice quiz on Profit (Quantitative Aptitude). 10 exam-style questions with explanations.
About This Quiz
Profit Quiz — Questions with Solutions
All 10 questions from this quiz with the correct answer and explanation. Attempt them yourself first, then open each solution to check your reasoning.
Q1.An article costing Rs 200 is sold for Rs 250. The profit percent is
- A.15%
- B.25%
- C.20%
- D.50%
Show answer
Answer: B. 25%
50/200.
Q2.If CP is Rs 500 and SP is Rs 450, the loss % is
- A.10%
- B.5%
- C.12%
- D.15%
Show answer
Answer: A. 10%
50/500.
Q3.A trader earns a 20% profit on an article costing Rs 600. The selling price is
- A.Rs 700
- B.Rs 800
- C.Rs 620
- D.Rs 720
Show answer
Answer: D. Rs 720
600 x 1.2.
Q4.The selling price of an article is Rs 1,260 with 5% profit. The cost price is
- A.Rs 1,150
- B.Rs 1,300
- C.Rs 1,200
- D.Rs 1,250
Show answer
Answer: C. Rs 1,200
1260/1.05.
Q5.A man buys 12 pens for Rs 100 and sells all for Rs 120. His profit % is
- A.25%
- B.20%
- C.15%
- D.10%
Show answer
Answer: B. 20%
20/100.
Q6.If SP = CP, then profit is
- A.Undefined
- B.Positive
- C.Negative
- D.Zero
Show answer
Answer: D. Zero
No profit no loss.
Q7.A sells an item to B at 10% profit; B sells to C at 20% profit. If C pays Rs 1,320, A's cost price is
- A.Rs 1,200
- B.Rs 900
- C.Rs 1,000
- D.Rs 1,100
Show answer
Answer: C. Rs 1,000
1320/(1.1x1.2).
Q8.Profit % is calculated on
- A.Cost price
- B.Discount
- C.Selling price
- D.Marked price
Show answer
Answer: A. Cost price
On CP.
Q9.The cost price of 10 articles equals the selling price of 8 articles. The profit % is
- A.25%
- B.30%
- C.10%
- D.20%
Show answer
Answer: A. 25%
10/8 = 1.25.
Q10.If an article is sold at a loss of 10% for Rs 900, the cost price is
- A.Rs 1,100
- B.Rs 1,000
- C.Rs 990
- D.Rs 810
Show answer
Answer: B. Rs 1,000
900/0.9.
Frequently Asked Questions
Is Profit Quiz free to attempt on AajExam?
Yes. Profit Quiz is completely free. You only need a free AajExam account to track your score, view detailed solutions and unlock cross-attempt analytics.
How long does it take to complete Profit Quiz?
Profit Quiz runs on a 10-minute timer in real exam-style conditions. The clock starts the moment you click Start, mirroring the time pressure of the actual exam.
Are detailed solutions provided?
Yes. Every question on Profit Quiz ships with a complete step-by-step solution, the underlying concept, and (where applicable) shortcut tricks. You can also discuss any question with the AajExam community.
Can I attempt Profit Quiz multiple times?
Yes. You can attempt this quiz as many times as you like. Each attempt is recorded separately so you can track improvement in score, accuracy and time-management.
Which government exams does this quiz prepare me for?
Profit & Loss questions appear regularly in SSC CGL, CHSL, MTS, GD; IBPS PO, Clerk; SBI PO, Clerk; RRB NTPC, Group D; UPSC prelims and most State PSC exams. The specific weightage varies by exam — check the exam pattern on the corresponding AajExam exam page for details.