Profit and Loss Questions Practice Question and Answer
8 Q: If the selling price of a shirt is reduced from 440 to ₹410, the loss increases by 4%. What is the cost price of the shirt?
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642c0a52dcb650c1457904b8- 1₹650false
- 2₹750true
- 3₹450false
- 4₹500false
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Answer : 2. "₹750 "
Q: 17 articles were bought for ₹3910 and sold for ₹4590. How much was the approximate profit percentage per article?
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5df2237ffb64ec452cb6e020- 117 %true
- 212 %false
- 39 %false
- 421 %false
- 525 %false
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Answer : 1. "17 % "
Q: A vacuum cleaner was marked at 30% above the cost price and a discount of 24% was given on its marked price. What is the profit/loss percentage?
1613 0611f795bb14e9c13a8ec06c3
611f795bb14e9c13a8ec06c3- 14%false
- 21.2%true
- 36.25%false
- 42.5%false
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Answer : 2. "1.2%"
Q: The cost price of an article is 480. If it is to be sold at a profit of 6.25 %, how much would be its selling price?
1612 05e6c5be78fcee56af205341b
5e6c5be78fcee56af205341b- 1Rs 510true
- 2Rs 530false
- 3Rs 503false
- 4Rs 519false
- 5None of thesefalse
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Answer : 1. "Rs 510"
Q: Cost of 18 shirts and 45 trousers is Rs 68,400. What is the cost of 10 shirts and 25 trousers?
1611 05e6c8e7c8fcee56af205ae3a
5e6c8e7c8fcee56af205ae3a- 1Rs 38,000true
- 2Rs 36,000false
- 3Rs 34,200false
- 4Rs 36,200false
- 5None of thesefalse
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Answer : 1. "Rs 38,000"
Q: On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is ? 1611 05b5cc74fe4d2b4197774fb3a
5b5cc74fe4d2b4197774fb3a- 1Rs. 55false
- 2Rs. 60true
- 3Rs. 65false
- 4Rs. 70false
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Answer : 2. "Rs. 60"
Explanation :
Answer: B) Rs. 60 Explanation: Let the cost price of a ball is Rs.xGiven, on selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 ballsThe equation is :17x - 720 = 5xSolving the equation we get x = 60Therefore, cost price of a ball is Rs. 60.
Q: By a selling basket for Rs. 19.50, a shopkeeper gains 30 %. For how much should he sell it to gain 40 %?
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5f04375ebedd52553093dad3- 1Rs.24false
- 2Rs.23false
- 3Rs.21true
- 4Rs.21.50false
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Answer : 3. "Rs.21 "
Q: If 3 toys are sold at the cost price of 4 toys of the same kind, the profit will be:
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5d7f1dba50132761b5ef7bb9- 125%false
- 2$$ 33{1\over3}\%$$true
- 3$$ 66{1\over3}\%$$false
- 450%false
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