{"id":28186,"date":"2019-04-29T18:53:51","date_gmt":"2019-04-29T13:23:51","guid":{"rendered":"https:\/\/cracku.in\/blog\/?p=28186"},"modified":"2019-05-13T10:39:15","modified_gmt":"2019-05-13T05:09:15","slug":"rrb-je-profit-loss-questions-set-2-pdf","status":"publish","type":"post","link":"https:\/\/cracku.in\/blog\/rrb-je-profit-loss-questions-set-2-pdf\/","title":{"rendered":"RRB JE  Profit &#038; Loss Questions Set-2 PDF"},"content":{"rendered":"<h1><span style=\"text-decoration: underline;\"><strong>RRB JE Profit &amp; Loss Questions Set-2 PDF<\/strong><\/span><\/h1>\n<p>Download Top 15 RRB JE Profit &amp; Loss Questions Set-2 and Answers PDF. RRB JE Maths questions based on asked questions in previous exam papers very important for the Railway JE exam.<\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/downloads\/4253\" target=\"_blank\" class=\"btn btn-danger  download\">Download RRB JE Profit &amp; Loss Questions Set-2 PDF<\/a><\/p>\n<!-- Error, Advert is not available at this time due to schedule\/geolocation restrictions! -->\n<p>Download <a href=\"https:\/\/cracku.in\/rrb-je-previous-papers\" target=\"_blank\" rel=\"noopener\">RRB JE Previous Papers PDF<\/a><\/p>\n<p><b>Question 1:\u00a0<\/b>If an article is sold at Rs. 304.5, the shopkeeper incurs a loss of 13%. What should be his selling price to gain a profit of 13%?<\/p>\n<p>a)\u00a0Rs. 395.5<\/p>\n<p>b)\u00a0Rs. 387.5<\/p>\n<p>c)\u00a0Rs. 399<\/p>\n<p>d)\u00a0Rs. 391.5<\/p>\n<p>e)\u00a0Rs. 401<\/p>\n<p><b>Question 2:\u00a0<\/b>Ram buys toys at 8 pieces per 70 rupees. He sells toys in boxes containing 5 toys. At what price must he sell a box if he wants to realize a profit percentage of 60%?<\/p>\n<p>a)\u00a0Rs. 50<\/p>\n<p>b)\u00a0Rs. 60<\/p>\n<p>c)\u00a0Rs. 70<\/p>\n<p>d)\u00a0Rs. 80<\/p>\n<p>e)\u00a0Rs. 90<\/p>\n<p><b>Question 3:\u00a0<\/b>A salesman makes a profit of 30% when he gives a discount of 35% on the marked price. What will be the profit if the discount given is 20%?<\/p>\n<p>a)\u00a045%<\/p>\n<p>b)\u00a050%<\/p>\n<p>c)\u00a063%<\/p>\n<p>d)\u00a055%<\/p>\n<p>e)\u00a060%<\/p>\n<p class=\"text-center\"><a href=\"https:\/\/www.youtube.com\/channel\/UCMDJPaiDdRPv2mrEJoLfklA?sub_confirmation=1\" target=\"_blank\" class=\"btn btn-info \">FREE RRB JE YOUTUBE VIDEOS<\/a><\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/blog\/general-knowledge-questions-and-answers-for-competitive-exams-pdf\/\" target=\"_blank\" class=\"btn btn-alone \">18000+ Questions &#8211; Free SSC Study Material<\/a><\/p>\n<!-- Error, Advert is not available at this time due to schedule\/geolocation restrictions! -->\n<p><b>Question 4:\u00a0<\/b>A dishonest shopkeeper marks up the price of the goods by 50 % and then offers a discount of 20 %. He uses a faulty weighing machine which shows 1000 g when the actual weight is 800 g. What is his profit percentage in the sales?<\/p>\n<p>a)\u00a025 %<\/p>\n<p>b)\u00a020 %<\/p>\n<p>c)\u00a050 %<\/p>\n<p>d)\u00a032 %<\/p>\n<p>e)\u00a040 %<\/p>\n<p><b>Question 5:\u00a0<\/b>An article when sold for 960 fetches 20% profit.What would be the percent profit \/loss if such 5 article are sold for Rs. 825\/-each?<\/p>\n<p>a)\u00a03.125 % profit<\/p>\n<p>b)\u00a03.125 % loss<\/p>\n<p>c)\u00a0Neither profit nor loss<\/p>\n<p>d)\u00a016.5 % profit<\/p>\n<p>e)\u00a0None of these<\/p>\n<p><b>Question 6:\u00a0<\/b>Mahesh bought 10 pencils for 80 rupees and he sold them at 9.2 rupees per each pencil. What is the profit \/loss percentage?<\/p>\n<p>a)\u00a017%<\/p>\n<p>b)\u00a025%<\/p>\n<p>c)\u00a020%<\/p>\n<p>d)\u00a015%<\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/rrb-je-mock-test\" target=\"_blank\" class=\"btn btn-info orange\">RRB JE Free Mock Test<\/a><\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/rrb-je-mock-test\" target=\"_blank\" class=\"btn btn-primary pink\">RRB JE Free Mock Test (latest pattern)<\/a><\/p>\n<!-- Error, Advert is not available at this time due to schedule\/geolocation restrictions! -->\n<p><b>Question 7:\u00a0<\/b>The cost price of an article is Rs.1700. If it was sold at a price of Rs.2006, what was the percentage profit on the transaction?<\/p>\n<p>a)\u00a018<\/p>\n<p>b)\u00a012<\/p>\n<p>c)\u00a010<\/p>\n<p>d)\u00a015<\/p>\n<p>e)\u00a020<\/p>\n<p><b>Question 8:\u00a0<\/b>Manoj incurred a loss of 40 percent on selling an article for 5,700. What was the cost price of the article ?<\/p>\n<p>a)\u00a07,725<\/p>\n<p>b)\u00a09,080<\/p>\n<p>c)\u00a08,250<\/p>\n<p>d)\u00a09,400<\/p>\n<p>e)\u00a0None of these<\/p>\n<p><b>Question 9:\u00a0<\/b>A whole-seller sells apples to a fruit vendor at cost price. The vendor manages to trick the whole-seller into giving him an extra apple per four apples that he buys. But, the whole-seller on sensing some foul play decides to change the weighing machine, citing some fault in it, for measuring the remaining two-thirds of the lot. The new weighing machine is such that it shows the weight of 3 apples equivalent to 5 apples. How much does the whole-seller originally gain\/lose in the entire transaction? (Assume all apples to be of uniform size and weight)<\/p>\n<p>a)\u00a0Loss of 18.33%<\/p>\n<p>b)\u00a0Gain of 18.33%<\/p>\n<p>c)\u00a0Loss of 37.78%<\/p>\n<p>d)\u00a0Gain of 37.78%<\/p>\n<p><b>Question 10:\u00a0<\/b>A shopkeeper, after being insisted by a customer, gives a discount of 33.33%. He later realizes that he made a loss of Rs 10. He calculates that he should have a given a discount of only 20% to get the profit of Rs 10. By what % does the shopkeeper mark up the price of the item?<\/p>\n<p>a)\u00a036.36%<\/p>\n<p>b)\u00a025%<\/p>\n<p>c)\u00a030%<\/p>\n<p>d)\u00a033.33%<\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/rrb-online-test\" target=\"_blank\" class=\"btn btn-primary \">Daily Free Online Tests for RRB Exams<\/a><\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/blog\/general-knowledge-questions-and-answers-for-competitive-exams-pdf\/\" target=\"_blank\" class=\"btn btn-info \">Download RRB GK Material PDF<\/a><\/p>\n<!-- Error, Advert is not available at this time due to schedule\/geolocation restrictions! -->\n<p><b>Question 11:\u00a0<\/b>For an umbrella, the ratio of the marked price to the cost price is 9 : 8. What is the approx. profit\/loss percentage if the ratio of the percentage discount offered and the profit or loss percentage were in the ratio 4 : 5?<\/p>\n<p>a)\u00a06.4% loss<\/p>\n<p>b)\u00a06.6% profit<\/p>\n<p>c)\u00a05.8% loss<\/p>\n<p>d)\u00a07.1% profit<\/p>\n<p><b>Question 12:\u00a0<\/b>Arjun sells a cycle to Ben at a profit of 28%. Charan buys it from Ben at Arjun\u2019s cost price. What is Ben\u2019s percentage profit or loss in the transaction?<\/p>\n<p>a)\u00a033.33%<\/p>\n<p>b)\u00a014.58%<\/p>\n<p>c)\u00a021.88%<\/p>\n<p>d)\u00a036.67%<\/p>\n<p>e)\u00a036.58%<\/p>\n<p><b>Question 13:\u00a0<\/b>A person marked up an item 16% above Cost Price and gave a discount of 25%. Then find effective loss percent.<\/p>\n<p>a)\u00a015%<\/p>\n<p>b)\u00a011%<\/p>\n<p>c)\u00a09%<\/p>\n<p>d)\u00a013%<\/p>\n<p><b>Question 14:\u00a0<\/b>A person bought 50 oranges for Rs.450 and sold at the rate of Rs.108 per dozen. Then, find overall profit\/loss percent.<\/p>\n<p>a)\u00a011.11% loss<\/p>\n<p>b)\u00a0No Profit No loss<\/p>\n<p>c)\u00a012.5% profit<\/p>\n<p>d)\u00a011.11% profit<\/p>\n<p><b>Question 15:\u00a0<\/b>A shopkeeper purchased a TV for Rs.2,000 and a radio for Rs.750. He sells the TV at a profit of 20% and ther radio at a loss of 5%. The total loss or gain is<\/p>\n<p>a)\u00a0Gain Rs.353.50<\/p>\n<p>b)\u00a0Gain Rs.362.50<\/p>\n<p>c)\u00a0Loss Rs.332<\/p>\n<p>d)\u00a0Loss Rs.300<\/p>\n<p class=\"text-center\"><a href=\"https:\/\/cracku.in\/blog\/general-science-questions-answers-competitive-exams-pdf-mcq-quiz\/\" target=\"_blank\" class=\"btn btn-danger \">General Science Notes for RRB Exams (PDF)<\/a><\/p>\n<!-- Error, Advert is not available at this time due to schedule\/geolocation restrictions! -->\n<p><span style=\"text-decoration: underline;\"><strong>Answers &amp; Solutions:<\/strong><\/span><\/p>\n<p><strong>1)\u00a0Answer\u00a0(A)<\/strong><\/p>\n<p>Let cost price be \u2018cp\u2019, and the two selling prices be \u2018sp1\u2019 and \u2018sp2\u2019 respectively.<br \/>\nLoss% = (cost price &#8211; selling price) *100\/ (cost price)<br \/>\n0.13*cp = cp &#8211; sp1<br \/>\nsp1 = 0.87*cp<br \/>\ncp = 304.5 \/ 0.87 = 350<br \/>\nProfit% = ( &#8211; cost price + selling price) *100\/ (cost price)<br \/>\n0.13 *350 = sp2 &#8211; 350<br \/>\nsp2 = Rs. 395.5<br \/>\nHence, option A is the right choice.<\/p>\n<p><strong>2)\u00a0Answer\u00a0(C)<\/strong><\/p>\n<p>Let us assume that Ram buys 40 pieces. He will buy 40 pieces for 70*5 = Rs.350.<br \/>\nRam will pack these 40 pieces into 40\/5 = 8 boxes.<br \/>\nRam wants to realize a profit percentage of 60%.<br \/>\n=&gt; Selling price of the 8 boxes = 1.6*350 = Rs.560<br \/>\n=&gt; Selling price of 1 box = Rs. 560\/8 = Rs. 70<br \/>\nTherefore, option C is the right answer.<\/p>\n<p><strong>3)\u00a0Answer\u00a0(E)<\/strong><\/p>\n<p>Let \u2018x\u2019 be the marked price.<br \/>\nDiscount of 35%, selling price will be = 0.65x<br \/>\nSince the profit is 30%,<br \/>\ncost price * 1.3 = 0.65x<br \/>\ncost price = 0.5x<br \/>\nWhen discount of 20%, selling price will be = 0.8x<br \/>\nProfit% = $\\frac{0.8x &#8211; 0.5x}{0.5x}$*100 = 60%<br \/>\nHence, option E is the right answer.<\/p>\n<p><strong>4)\u00a0Answer\u00a0(C)<\/strong><\/p>\n<p>Let he has 1000 g of goods and cost price of this entire lot is 1000. So selling price would be 1000*1.5*.8 = 1200. i.e 1.2 per gram.<br \/>\nNow, the machine measures 1000 gm for 800 gm. Hence, he can sell 1000 gm as 1250 gm. Thus, the amount earned by him will be 1250*1.2 = 1500.<br \/>\nHence, the profit percentage is 50 %.<\/p>\n<p><strong>5)\u00a0Answer\u00a0(A)<\/strong><\/p>\n<p>Let cost price of an article = $Rs.$ $100x$<\/p>\n<p>If Selling price = Rs 960<\/p>\n<p>=&gt; Profit % = $\\frac{960-100x}{100x} \\times 100=20$<\/p>\n<p>=&gt; $960-100x=20x$<\/p>\n<p>=&gt; $20x+100x=120x=960$<\/p>\n<p>=&gt; $x=\\frac{960}{120}=8$<\/p>\n<p>Thus, cost price of 1 article = $100 \\times 8 = Rs.$ $800$<\/p>\n<p>If selling price = Rs. 825<\/p>\n<p>$\\therefore$\u00a0<strong>Profit %<span id=\"redactor-inline-breakpoint\"><\/span><\/strong> = $\\frac{825-800}{800} \\times 100$<\/p>\n<p>= $\\frac{25}{8} = 3.125\\%$<\/p>\n<p>=&gt; Ans &#8211; (A)<\/p>\n<p><strong>6)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p>Cost price of 10 pencils = Rs 80<br \/>\nSelling price of 10 pencils = 9.2*10=Rs 92<br \/>\nProfit percentage = ((92-80)\/80)*100 = (12\/80)*100 = 15%.<br \/>\nSo the correct option to choose is D &#8211; 15%<\/p>\n<p><strong>7)\u00a0Answer\u00a0(A)<\/strong><\/p>\n<p>Profit = S.P. &#8211; C.P. = 2006 &#8211; 1700<\/p>\n<p>= Rs. 306<\/p>\n<p>=&gt; Profit % = $\\frac{306}{1700} * 100$<\/p>\n<p>= 18%<\/p>\n<p><strong>8)\u00a0Answer\u00a0(E)<\/strong><\/p>\n<p>SP = 5700<\/p>\n<p>Loss percentage = 40%<\/p>\n<p>(CP-SP)\/CP = 40\/100<\/p>\n<p>CP = $ (5\/3) \\times SP $<\/p>\n<p>= 9500<\/p>\n<p><strong>9)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p>Given, fruit vendor buys at the cost price to the whole-seller.<br \/>\nLet, us assume the cost price of an apple = Re 1<\/p>\n<p>Two cases arise:<br \/>\nCase 1: Before changing weighing machine<br \/>\nSince, the vendor is getting an apple extra per 4 apples bought<br \/>\nFor whole-seller:<br \/>\nCP= Rs 5<br \/>\nSP= Rs 4<br \/>\nLoss % = $\\left[\\frac{5-4}{5}\\right]*100$ = 20%<\/p>\n<p>Case 2: After changing weighing machine<br \/>\nFor whole-seller:<br \/>\nCP= Rs 3<br \/>\nSP= Rs 5<br \/>\nProfit % =\u00a0$\\left[\\frac{5-3}{3}\\right]*100$ = 66.67%<\/p>\n<p>Since, the measurements in the two lots are in the ratio of 1:2<br \/>\nWe can apply alligation to find out the net profit\/loss %:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"img-responsive\" src=\"https:\/\/cracku.in\/media\/uploads\/ALLIGATION.png\" width=\"165\" height=\"143\" data-image=\"ALLIGATION.png\" \/><\/p>\n<p>On solving for x<\/p>\n<p>$\\frac{66.67-x}{x+20}=\\frac{1}{2}$<\/p>\n<p>=&gt; x $\\approx$ 37.78%<\/p>\n<p>&nbsp;<\/p>\n<p><strong>10)\u00a0Answer\u00a0(A)<\/strong><\/p>\n<p>Let the MP of the item be $x$.<br \/>\nThus, according to the given conditions we get<br \/>\n$\\dfrac{x-SP}{x} = \\dfrac{1}{3}$<br \/>\n=&gt; $3x-3SP = x$<br \/>\nThus, $SP = \\dfrac{2x}{3}$<br \/>\nHe made a loss of Rs 10 on selling the item at this SP.<br \/>\nThus, $CP = 10+\\dfrac{2x}{3}$<br \/>\nAfter giving a discount of 20% the SP would have been $0.8x$<br \/>\nHe made a profit of Rs 10 on selling the item at this SP.<br \/>\nThus, $CP = \\dfrac{4x}{5} -10$<br \/>\nThus, we get,<br \/>\n$10+\\dfrac{2x}{3} = \\dfrac{4x}{5} -10$<br \/>\nThus, $\\dfrac{x*(12-10)}{15} = 20$<br \/>\nThus, $x = 150 = MP$<br \/>\nThus, $CP = 0.8*150-10 = 110$<br \/>\nThus, the shopkeeper marks up the price of the given item by $\\dfrac{100*(150-110)}{110}\\approx36.36$%<br \/>\nHence, option A is the correct answer.<\/p>\n<p><strong>11)\u00a0Answer\u00a0(B)<\/strong><\/p>\n<p>$\\frac{marked price}{cost price} = \\frac{9}{8}$<br \/>\nLet the marked price = 9x and cost price = 8x<br \/>\n$\\frac{percentage discount}{profit\/loss percentage} = \\frac{4}{5}$<br \/>\nLet the percentage discount = 4y% and profit\/loss percentage = 5y%<br \/>\nConsidering there is a profit,<br \/>\nSelling price = (1 &#8211; 4y%) * 9x = (1 + 5y%) * 8x<br \/>\n9x &#8211; 36xy\/100 = 8x + 40xy\/100<br \/>\nx = 76xy\/100<br \/>\ny = 100\/76<br \/>\nSo percentage profit = 5 * 100\/76 = 6.6% approx.<br \/>\nHence, option B is the right answer.<\/p>\n<p><strong>12)\u00a0Answer\u00a0(C)<\/strong><\/p>\n<p>Let Arjun\u2019s CP be x<br \/>\nArjun\u2019s SP will be 1.28x<br \/>\nBen\u2019s CP = 1.28x<\/p>\n<p>Given, Charan\u2019s CP = x. Hence, Ben\u2019s SP = x.<\/p>\n<p>Hence, Ben\u2019s loss = 0.28x<\/p>\n<p>Loss % = (0.28\/1.28)*100 = 21.88%<\/p>\n<p><strong>13)\u00a0Answer\u00a0(D)<\/strong><\/p>\n<p>Let the Cost Price of the item be Rs.100<br \/>\nThen, Marked Price = 116% of Rs.100 = Rs.116<br \/>\nSelling Price after a discount of 25% = 75% of Rs.116 = Rs.87<br \/>\nTherefore, Effective loss percent = $\\frac{100-87}{100}\\times100 = 13$%<\/p>\n<p><strong>14)\u00a0Answer\u00a0(B)<\/strong><\/p>\n<p>Cost Price of 50 oranges = Rs.450<br \/>\nCost Price of 1 orange = 450\/50 = Rs.9<br \/>\nSelling Price of 12 oranges = Rs.108<br \/>\nSelling Price of 1 orange = Rs.108\/12 = Rs.9<br \/>\nTherefore, Profit = Rs.9 &#8211; Rs.9 = 0<br \/>\nHence, There is no profit and no loss in this transaction.<\/p>\n<p><strong>15)\u00a0Answer\u00a0(B)<\/strong><\/p>\n<p>Cost price of TV = Rs. 2000<\/p>\n<p>Profit % = 20%<\/p>\n<p>=&gt; Selling price of TV = $2000+(\\frac{20}{100}\\times2000)$<\/p>\n<p>= $2000+400=Rs.$ $2400$<\/p>\n<p>Similarly, selling price of radio = $750-(\\frac{5}{100}\\times750)$<\/p>\n<p>= $750-37.5=Rs.$ $712.5$<\/p>\n<p>Thus, total cost price = $(2000+750)=Rs.$ $2750$<\/p>\n<p>and total selling price = $(2400+712.5)=Rs.$ $3112.5$<\/p>\n<p>$\\therefore$\u00a0<strong>Gain\u00a0<span id=\"redactor-inline-breakpoint\"><\/span><\/strong>= $3112.5-2750=Rs.$ $362.50$<\/p>\n<p>=&gt; Ans &#8211; (B)<\/p>\n<!-- Error, Advert is not available at this time due to schedule\/geolocation restrictions! -->\n<p class=\"text-center\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.cracku.app&amp;hl=en_US\" target=\"_blank\" class=\"btn btn-danger \">DOWNLOAD APP FOR RRB FREE MOCKS<\/a><\/p>\n<p>We hope this Profit &amp; Loss Questions Set-2 for RRB JE Exam will be highly useful for your preparation<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RRB JE Profit &amp; Loss Questions Set-2 PDF Download Top 15 RRB JE Profit &amp; Loss Questions Set-2 and Answers PDF. RRB JE Maths questions based on asked questions in previous exam papers very important for the Railway JE exam. Download RRB JE Previous Papers PDF Question 1:\u00a0If an article is sold at Rs. 304.5, [&hellip;]<\/p>\n","protected":false},"author":41,"featured_media":28188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"footnotes":""},"categories":[169,125,31,1605],"tags":[489,491,1635,1647],"class_list":{"0":"post-28186","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-downloads","8":"category-featured","9":"category-railways","10":"category-rrb-je","11":"tag-railway-exam","12":"tag-rrb","13":"tag-rrb-je","14":"tag-rrb-mocks"},"better_featured_image":{"id":28188,"alt_text":"RRB JE Profit & Loss Questions Set-2 PDF","caption":"RRB JE Profit & Loss Questions Set-2 PDF","description":"RRB JE Profit & Loss Questions Set-2 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