CET Profit and Loss Questions with Solutions – Page 3
All 29 Profit and Loss questions from MBA CET 2025 and 2026 papers. Tap Show answer, or open the detailed solution (free login). Page 3 of 6.
A trader first incurs a loss of x % on an article and then makes a profit of y %. If the final selling price equals the original cost price, then the relation between x and y is:
- x = y
- y = 100x/(100 − x)
- y = 100x/(100 + x)
- y = x + (x²/100)
- y = x − 1
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Answer: B. y = 100x/(100 − x)
A trader sells his articles at 10% higher than their original price. Due to higher demand, he again increases the price by 15%. Calculate the percentage of profit the trader makes ?
- 25.5%
- 26.5%
- 22%
- 27.33%
- 24.5%
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Official CET answer: B. 26.5%
Cetking's answer: A. 25.5% — it differs from the official key; the detailed solution shows the working.
A person sold a radio at a loss of 5%. Had he sold it for Rs. 210 more, he would have gained 25%. For what value should he sell it in order to gain 35% ?
- Rs. 950
- Rs. 945
- Rs. 935
- Rs. 850
- Rs. 845
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Answer: B. Rs. 945
Mahan bought a bag with a 15% discount on the labeled price. He sold the bag for Rs. 2880 with a 20% profit on the labeled price. At what price did he buy the bag?
- 2400
- 2200
- 2040
- 2020
- 2025
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Answer: C. 2040
The cost price of a toy is Rs. 225. The marked price is twice of the cost price. What will be the discount offered to get profit of 56% on the sale of the toy ?
- 30%
- 20%
- 33%
- 22%
- 28%
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Answer: D. 22%