Profit and Loss Questions Practice Question and Answer
8 Q: By selling an article for Rs. 600 there is a profit of 20%. What is the cost price of the article?
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Answer : 4. "500"
Q: If the loss is 20%, by what fraction should the selling price be multiplied to get the cost price?
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6321bb433169cb1b15680415- 14/5false
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Answer : 3. "5/4"
Q: The cost of a new scooter is Rs 25000, at the end of each year its value becomes 80% of the starting price of that year, what will be the cost of the scooter after 3 years?
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Answer : 2. "12800"
Q: A shopkeeper charges his customers 15% above the cost price, if a customer has bought a sofa-set for 9039, then for how much did the shopkeeper buy it?
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Answer : 3. "7860 "
Q: Total cost of A pens and (A-2) pencils is Rs 424. If one pencil and one pen costs Rs 4 and Rs 20 respectively then find A?
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Answer : 2. "18"
Q: The item costing Rs. 840 was sold by A shopkeeper at a gain of 10% and it was again sold by the new buyer at the loss of 5%. find the selling price of the item is
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62ff7aa5047feb0792711992- 1Rs. 877.80true
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Answer : 1. "Rs. 877.80"
Q: By selling an article at 2/3 of the Marked price, there is a loss of 10%. The profit percent when the article is sold at the Marked prices
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Answer : 3. "35%"
Q: A shopkeeper on selling 33 metres of cloth obtain a profit equal to the selling price of 11 metre of cloth the profit is
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