Profit and Loss Questions Practice Question and Answer
8 Q: A trader makes a profit equal to the selling price of 75 articles when he sold 100 of the articles . What % profit did he make in the transaction?
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60f7d47d3ca0726dff34f56c- 1300%true
- 2150%false
- 333.33%false
- 475%false
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Answer : 1. "300% "
Q: Ranjan made a profit of 25% when selling a TV set at Rs. 3000. If he now has to pay Rs. 500 more for the set, what should be his new selling price in order to make the same percentage of profit?
1458 060c3443fb0fa62518b433b1e
60c3443fb0fa62518b433b1e- 1₹ 3650false
- 2₹ 4000false
- 3₹ 3600false
- 4₹ 3625true
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Answer : 4. "₹ 3625 "
Q: An article was sold for Rs.4000. Had a discount of 10% was being offered, the profit would have been 20%. The cost price of the article was:
1122 060c09b39c197293a48275231
60c09b39c197293a48275231- 1Rs.3000true
- 2Rs.3600false
- 3Rs. 3200false
- 4Rs. 3310false
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Answer : 1. "Rs.3000"
Q: A discount of 20% in the price of rice enables X to buy 5 kg more rice for ₹100. What is the reduced price of rice per kg?
885 060bf588b5d840673873efeb8
60bf588b5d840673873efeb8- 1₹4true
- 2₹2false
- 3₹1false
- 4₹3false
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Answer : 1. "₹4"
Q: The cost price of 27 articles is same as the selling price of 18 articles. What is the profit percent? 974 060bf560ac40f0c12f4b8e2f5
60bf560ac40f0c12f4b8e2f5- 140%false
- 230%false
- 350%true
- 425%false
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Answer : 3. "50%"
Q: A Shopkeeper marks his goods 20 % above its cost price and gives 15 % discount on the marked price. Find the gain?
708 060b71348cef13e72bbf96aef
60b71348cef13e72bbf96aef- 12 %true
- 23 %false
- 34 %false
- 45 %false
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Answer : 1. "2 %"
Q: By selling 66 metres cloth, a man loses S.P. of 11 metres. What is the loss percent?
1249 060b60cc93065e2501934e6da
60b60cc93065e2501934e6da- 1$$ {14{2\over 7}}{\%}$$true
- 2$$ {28{2\over 7}}{\%}$$false
- 3$$ {19{2\over 7}}{\%}$$false
- 4$$ {17{2\over 7}}{\%}$$false
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Answer : 1. "$$ {14{2\over 7}}{\%}$$"
Q: If apples are bought at the rate of 30 for a rupee. How many apples must be sold for a rupee to gain 20%?
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60acc670d752621d4f9c7739- 120false
- 222false
- 328false
- 425true
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