Profit and Loss is an important topic in the Quantitative Aptitude section of the Bank of Baroda (BOB) Office Assistant Exam 2025. This topic checks your basic understanding of cost price, selling price, profit percentage, and loss percentage. The questions are generally straightforward and can be solved quickly with simple formulas if your concepts are clear. Scoring well in this section can give you a good edge in your overall performance.
Profit & Loss Practice Questions for BOB Office Assistant Exam 2025
To make your preparation easier, we have listed some Profit and Loss questions that you can practice. These questions are based on expected patterns and the level of previous banking exams. Try to solve them step-by-step and note the formula used in each one. Below are the questions for you to practice:
1. A shopkeeper buys an item for ₹500 and sells it for ₹600. What is the profit percentage?
A. 15%
B. 20%
C. 25%
D. 30%
2. A man sells an article at a loss of 10%. If he had sold it for ₹50 more, he would have gained 5%. Find the cost price of the article.
A. ₹300
B. ₹350
C. ₹400
D. ₹500
3. If the cost price of 20 pens is equal to the selling price of 16 pens, what is the profit percentage?
A. 20%
B. 25%
C. 30%
D. 40%
4. An article is sold at a profit of 25%. If the selling price is ₹250, find the cost price.
A. ₹180
B. ₹190
C. ₹200
D. ₹210
5. A trader sells an item at a loss of 15%. If the cost price is ₹200, what is the selling price?
A. ₹160
B. ₹170
C. ₹180
D. ₹190
6. A person bought a chair for ₹1500 and sold it at a profit of 12%. Find the selling price.
A. ₹1650
B. ₹1680
C. ₹1700
D. ₹1720
7. A vendor sells a product for ₹800 and incurs a loss of 20%. Find the cost price.
A. ₹950
B. ₹975
C. ₹1000
D. ₹1050
8. If the cost price of a mobile is ₹6000 and the profit is 8%, what is the selling price?
A. ₹6400
B. ₹6480
C. ₹6600
D. ₹6700
9. An article is sold for ₹990 after allowing a discount of 10%. Find the marked price.
A. ₹1000
B. ₹1050
C. ₹1100
D. ₹1150
10. A man gains 20% by selling a watch for ₹1800. What was the cost price?
A. ₹1400
B. ₹1450
C. ₹1500
D. ₹1600