List of top Quantitative Aptitude Questions on Profit and Loss asked in CAT

After reducing the marked price of a table by 125 rupees, a carpenter makes a profit of 20%. If the cost price is 875 rupees, what percentage of profit would he have gained if he had sold the table only at a discount of 20%?

A cruise operates between Mumbai and Dubai. Each ticket of the cruise costs Rs. 2,500. The cruise is operated by a private company that has to pay a fixed cost per journey and a variable cost that depends on the number of passengers on board, to the government. If 100 passengers aboard the cruise, then the company suffers a loss of Rs. 1,000 per ticket However, when 400 passengers aboard the cruise, then the company earns Rs. 500 per ticket Find the profit earned by the company, when 600 passengers aboard the cruise.

In a shop, the marked price of an article is Rs.4000. The shopkeeper gives some discount on that article and earns profit of Rs.550. Find the percentage discount on that article,if its cost price is Rs.2250.