Profit and Loss Questions Practice Question and Answer
8Q: A shopkeeper earns a profit equal to the selling price of 11 meter by selling 22-meter cloth. Find the profit percent. 2519 15d1331bc925caa2d5bbbff70
5d1331bc925caa2d5bbbff70- 150%true
- 252%false
- 345%false
- 455%false
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Answer : 1. "50%"
Q: A shopkeeper has 11 books of same cost price. He sells the first book at certain price, then he sells second book at a price which is ₹ 1 less than the selling price of first book and then he sells third book at a price which is ₹1 less than the selling price of second book. Following this pattern, he sold all 11 books. If he sells sixth book at its cost price. Find the overall percent profit or loss on selling all 11 books.
2702 05dd37ade874d2d52fa316a87
5dd37ade874d2d52fa316a87- 120%false
- 210%false
- 3$$ {1\over 11}\% $$false
- 4No profit no Losstrue
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Answer : 4. "No profit no Loss "
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: A cycle is sold for Rs.2070 at profit of 15%, at what profit of 15%, at what price it should be sold so as to earn 25% Profit. 4868 05d13299509a40f38019e53a2
5d13299509a40f38019e53a2- 12150false
- 22250true
- 32350false
- 42450false
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Answer : 2. "2250"
Q: A dishonest dealer professes to sell his good at cost price, but he uses a weight of 800 gm. For one kg. Find his gain percent? 1849 05d132e47925caa2d5bbbff61
5d132e47925caa2d5bbbff61- 120false
- 225true
- 340false
- 410false
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Answer : 2. "25"
Q: A shopkeeper sells a certain object in Rs 2520 after giving two consecutive discounts of 10% and 30 %. Find the marked price of the object. 3893 05d133b6940daee3c552fcb1f
5d133b6940daee3c552fcb1f- 1Rs 6000false
- 2Rs 4000true
- 3Rs 5450false
- 4Rs 6800false
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Answer : 2. "Rs 4000"
Q: If a chair sold for Rs. 600 at the profit of 20%, then the original price of the chair is:
2158 05dbfbb70d701145da0b070fd
5dbfbb70d701145da0b070fd- 1Rs. 540false
- 2Rs. 500true
- 3Rs. 480false
- 4Rs. 580false
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Answer : 2. "Rs. 500"
Q: What is the discount rate of a gift whose selling price is Rs. 420 after a reduction of Rs. 60 on its marked price ?
1123 05e3252331f73627362281714
5e3252331f73627362281714- 110.5false
- 212.5true
- 314.5false
- 413.5false
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