CUET GAT Profit and Loss Questions PDF [Practice Questions]

Overview: Get access to CUET GAT Profit and Loss Questions, including MCQs, solved examples, and a free PDF with detailed answers. These practice questions will help you clear concepts, improve speed, and score better in the CUET GAT Quant section with smart preparation.

Profit and Loss is one of the most scoring topics in the CUET GAT exam. Once you understand the basic formulas and tricks, solving these questions becomes fun and easy.

Many students lose marks because they skip regular practice. But with the right CUET GAT Profit and Loss Questions, you can quickly improve your accuracy and save time in the exam.

Let's explore some of the most important and solved CUET GAT Profit and Loss Questions to help you prepare smartly for CUET 2026.

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Download CUET GAT Profit and Loss Questions and Answers PDF

The Profit and Loss chapter is very important for CUET GAT. It helps you build strong math skills and score better in the CUET exam. You can easily study and revise this topic by downloading the CUET GAT Profit and Loss Questions and Answers PDF.

Once downloaded, you can practice anytime at home, in class, or while traveling. The PDF includes CUET GAT Profit and Loss solved questions, sample questions, and exercise questions for quick revision.

It's also helpful before attempting CUET Mock Tests, as it gives a clear idea of the type of questions asked in the exam. Regular practice from this PDF will help you increase accuracy and speed during the test.

Click below to download the CUET Profit and Loss PDF and start your preparation smartly.

Download GAT Profit and Loss Questions with Solution PDF

CUET GAT Profit and Loss Questions and Answers

1. A trader quotes `45 for an article whose cost price is `30. The customer pays him a fifty-rupee note. The trader does not have the change to return `5 to the customer. He thus goes to a neighbouring shop to get change for '50. The customer collects his balance of `5. The next day the neighbouring shop owner realizes that the fifty-rupee note was fake and demanded '50 back from the trader. What is the total loss to the trader?

(a) `80

(b) `85

(c) `35

(d) `30

Answer: (c) Total loss to the shopkeeper = (CP of article + Balance) = (30 + 5) = `35

2. A merchant sells rice & makes a profit of 6%. And his cost price increases by 10% and thus he increases his selling price also by 10%. What profit percentage does he earn now?

(a) 6%

(b) 6.6%

(c) 10%

(d) None of these

Answer: (a) If CP and SP increases by the same percentage, the profit remains same.

3. A man gains 10% by selling an article for a specific price. Let's say he sells it at double the price, the profit is

(a) 20%

(b) 120%

(c) 100%

(d) 140%

Answer: (b) Let CP = 100. Therefore, SP = 110.

If SP = 220, Profit percentage = 120%.

4. A man sold an article for a gain of 5%. If he had bought it for 5% less and sold it for `1 less, he would have made a profit of 10%. The cost price of the article is

(a) `100

(b) `150

(c) `200

(d) `500

Answer: (c) Let CP = 100. SP = 105. New CP = 95. Profit = 10%.

Therefore, New SP = 104.5. Therefore, he is now selling at `0.5 less. He would sell at `1 less if CP = `200

5. A merchant gives a discount of 10% on tea, but uses a weight of 900 gm per kilogram. Find his net profit/loss percentage.

(a) 3.33%

(b) 2.05%

(c) 4.67%

(d) No profit no loss

Answer: (d) If CP of tea is `1 per kilogram, then he is receiving `1,000 for something which is worth `900. But he gives a discount of 10% on `1000, i.e. sells at `900. Hence, no loss no profit.

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Importance of CUET GAT Profit and Loss Questions for Exam Success

The CUET GAT Profit and Loss important questions help students understand this topic easily and score better in the exam. These questions are designed in a simple way so every student can learn and practice without confusion. Here's how these CUET GAT Profit and Loss solved questions make your preparation stronger:

Features of CUET GAT Profit and Loss Questions

All questions are accurate and follow the latest CUET GAT syllabus.

• The CUET GAT Profit and Loss sample questions are written in an easy and student-friendly way.
• You can download them for free and study anytime, anywhere.
• Concepts are explained clearly so you can revise the topic in less time.
• These questions include both basic and tricky types, helping you cover everything important.
• The format is clean and simple, which is perfect for quick revision before the exam.

Benefits of CUET GAT Profit and Loss Questions

• Helps you save time by providing all CUET GAT important questions in one place.
• Makes revision easy with CUET GAT Profit and Loss practice questions and detailed solutions.
• Builds a strong base for Profit and Loss concepts that often appear in CUET exams.
• Clears all your doubts with step-by-step answers.
• Helps you prepare smartly and increase your accuracy in solving numerical questions.
• Boosts your confidence to solve any Profit and Loss question in CUET GAT easily.

Preparation Tips for CUET GAT Profit and Loss 2026

1. Know the Basics First
   • Learn what Cost Price (CP), Selling Price (SP), Profit, and Loss mean.
   • Remember:
     • Profit = SP – CP
     • Loss = CP – SP
2. Understand Formulas Well
   • Profit % = (Profit / CP) × 100
   • Loss % = (Loss / CP) × 100
   • Keep these formulas handy while solving questions.
3. Practice Every Day
   • Try to solve 5–10 questions daily.
   • Start with easy ones, then move to harder problems.
4. Use the Right Books
   • Study from Supergrads CUET books for clear explanations.
   • Revise and test your skills using Supergrads CUET UG Self Scorer for extra questions and mock tests.
5. Work on Speed and Accuracy
   • Time yourself while solving questions.
   • Check your mistakes and learn how to fix them.
6. Revise Often
   • Go through formulas and solved examples every few days.
   • The more you practice, the more confident you’ll feel in the exam.

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Key Takeaways

CUET GAT Profit and Loss Questions are one of the easiest ways to score better if you practice the right way. Going through solved questions helps you understand formulas, save time, and avoid silly mistakes. With the free PDF, you can revise anytime, anywhere, and feel confident while solving any problem in the exam.

• Solve 5–10 questions every day to get better and faster.
• Join SuperGrads CUET classes for guided learning, tips, and doubt-solving support.
• Go through solved examples and sample questions before mock tests to boost accuracy.