Profit and Loss Questions Practice Question and Answer
8 Q: Shopkeeper sold an article after allowing two successive discounts of 15% and 20% on it. If shopkeeper earned 2% profit on selling the article and total discount allowed by him is Rs. 192, then find cost price of the article?
542 063d29910e144980db72d08b0
63d29910e144980db72d08b0- 1Rs.500false
- 2Rs.400true
- 3Rs.300false
- 4Rs.600false
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Answer : 2. "Rs.400"
Q: The total cost of x pens and (x-2) pencils is Rs 424. If one pencil and one pen costs Rs 4 and Rs 20 respectively then find x?
630 063d29831307947462bedecb1
63d29831307947462bedecb1- 116false
- 218true
- 315false
- 420false
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Answer : 2. "18 "
Q:Answer the following questions
Lokesh sold two items at same price. One of them was sold at a profit of 10% and the other at the loss of 10%. What is the net result of entire transaction?
389 063bd5c7974eba5069d4a7569
63bd5c7974eba5069d4a7569- 11% losstrue
- 22% profitfalse
- 31% profitfalse
- 42% lossfalse
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Answer : 1. "1% loss "
Q:Answer the following questions
Rama dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%?
529 063bd5c1161d62119f1d53419
63bd5c1161d62119f1d53419- 1Rs. 520false
- 2Rs. 650false
- 3Rs. 620false
- 4Rs. 550true
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Answer : 4. "Rs. 550"
Q: The reduction of Rs . 12 in the selling price of an article will changes 5 % gain into $$ 2{1\over 2}\% $$ loss . The cost price of the article is
1435 05d9dab835863b37fdc696095
5d9dab835863b37fdc696095- 1Rs. 140false
- 2Rs. 160true
- 3Rs. 80false
- 4Rs. 100false
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Answer : 2. "Rs. 160"
Q: A cloth merchant sold half of his cloth at 20 % profit, half of the remaining cloth at 20 % loss and the rest was sold at its cost price. In the total transaction, his gain or loss will be
1840 05d8c92eb83050426e7abfd4d
5d8c92eb83050426e7abfd4d- 15% profittrue
- 2Neither loss nor gainfalse
- 35% lossfalse
- 410%false
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Answer : 1. "5% profit "
Q: By selling an article for ₹72, there is a loss of 10%. At what price it should be sell to gain 10% profit?
628 0639c9287c7eb1b240b5fcd1e
639c9287c7eb1b240b5fcd1e- 1₹85false
- 2₹88true
- 3₹80false
- 4₹90false
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Answer : 2. "₹88"
Q: If the cost of 1 dozen apples is Rs. 18, then the cost of 25 apples will be -
522 0638f395334f83f1472982f32
638f395334f83f1472982f32- 1Rs. 35.00false
- 2Rs. 25.00false
- 3Rs. 36.50false
- 4Rs. 37.50true
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