Profit and Loss Questions Practice Question and Answer
8 Q: Sujatha sold 75% of her goods at a profit of 24% and the remaining at a loss of 40%. What is her gain/loss percentage on the whole transaction?
1643 05fbe732c2e911753dd5631ab
5fbe732c2e911753dd5631ab- 18% gaintrue
- 210% gainfalse
- 37.5 % lossfalse
- 49 % lossfalse
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Answer : 1. "8% gain"
Q: Oranges are bought at 7 for Rs. 3. At what rate per hundred must they be sold to gain 33 % ?
1631 05e16f7b1c4b67b290576ae6f
5e16f7b1c4b67b290576ae6f- 1Rs. 56false
- 2Rs. 60false
- 3Rs. 58false
- 4Rs. 57true
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Answer : 4. "Rs. 57"
Q: Purchased a table for 13500 and sold it 11000. What is his loss percentage?
1623 05e7c376f50339c736669288a
5e7c376f50339c736669288a- 119.81%false
- 220.62%false
- 321.78%false
- 418.52%true
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Answer : 4. "18.52%"
Q: Ramesh sold a phone at a loss of 5%. Had he sold it for Rs. 200 more, he would gave gained 15%. To gain 25%, he should sell it for :
1622 05ee0620f0cb2490dae750b3b
5ee0620f0cb2490dae750b3b- 1Rs. 1175false
- 2Rs. 1150false
- 3Rs. 1225false
- 4Rs. 1250true
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Answer : 4. "Rs. 1250"
Q: A wholesaler sold a water purifier at a loss of 40%. If the selling price has been increased by Its. 125, then wholesaler will get the profit of 10%. What was the cost price of the purifier?
1620 05ee05cab3f1add232d832452
5ee05cab3f1add232d832452- 1Rs. 250true
- 2Rs. 225false
- 3Rs. 275false
- 4Rs. 300false
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Answer : 1. "Rs. 250 "
Q: A trader bought 120 kg of potato at 24/kg. He sold 80 kg of it at 50% profit and the balance at 25% low. Find the total profit or loss?
1609 05eb507e64080050ac2650bc0
5eb507e64080050ac2650bc0- 150% Profitfalse
- 225% Profittrue
- 350% Lossfalse
- 425% Lossfalse
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Answer : 2. "25% Profit "
Q: A Microwave oven is sold in Hyderabad for Rs.M. A retailer, Elahi from Hyderabad went to Madras and bought it for 25% less (when compared to the price in Hyderabad). He spends Rs.1,000 on transport to bring it from Madras to Hyderabad. He sold it in Hyderabad for Rs.M making a profit of 10%. Find the value of M (in Rs.).
1605 0647f3858e72c4684a1e26e61
647f3858e72c4684a1e26e61- 16,285.7true
- 26,258.8false
- 36,305.8false
- 46,527.9false
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Answer : 1. "6,285.7 "
Q: If a man estimates his loss as 20% of the selling price, then his loss percent is:
1604 05dbfbbd8c559bc74bfc42b8c
5dbfbbd8c559bc74bfc42b8c- 120%false
- 225%false
- 340/3%false
- 450/3%true
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