Profit and Loss Questions and Answers for Competitive Exams
Q :
Correct Answer : D
Explanation :
Q :
Correct Answer : C
Explanation :
Q :
Correct Answer : D
Explanation :
Q :
Correct Answer : B
Explanation :
Q :
Correct Answer : B
Explanation :
A merchant buys an article for Rs. 27 and sells it at a profit of 10 % of the selling price. The selling price of the article is:
(A) Rs. 37
(B) Rs.32
(C) Rs. 29.70
(D) Rs. 30
Correct Answer : D
Explanation :
A man bought an old typewriter for ₹1200 and spent ₹200 on its repair. He sold it for ₹1680. His profit percent is :
(A) 8%
(B) 16%
(C) 20%
(D) 10%
Correct Answer : C
Explanation :
A man buys a cycle for ₹1400 and sells it at a loss of 15%. What is the selling price of the cycle?
(A) ₹1160
(B) ₹1000
(C) ₹1202
(D) ₹1190
Correct Answer : D
Explanation :
On selling an article for ₹651, there is a loss of 7%. The cost price of that article is
(A) ₹793
(B) ₹700
(C) ₹744
(D) ₹751
Correct Answer : B
Explanation :
If the cost price is 95% of the selling price, what is the profit percent?
(A) 5%
(B) 5.26%
(C) 4%
(D) 4.75%
Correct Answer : B
Explanation :