Profit and Loss Questions Practice Question and Answer

Q:

An article is sold at a gain of 16%. If it had been sold for Rs.400 more, 20% would have been gained. The cost price of the article is

760 0

  • 1
    Rs.8000
    Correct
    Wrong
  • 2
    Rs.9000
    Correct
    Wrong
  • 3
    Rs.10000
    Correct
    Wrong
  • 4
    Rs.12000
    Correct
    Wrong
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Answer : 3. "Rs.10000"

Q:

Medha sells her bag for ₹ 300 and loses ₹ 60. At what price must she sell the article to gain 15%?

749 0

  • 1
    146
    Correct
    Wrong
  • 2
    172
    Correct
    Wrong
  • 3
    414
    Correct
    Wrong
  • 4
    516
    Correct
    Wrong
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Answer : 3. "414"

Q:

Radhe buys two TVs at the same cost price, one of them is sold at $$11 {1\over 9}\% $$ profit and the other at   $$14{2\over 7}\% $$ profit, then the difference between their selling price is Rs $${200\over 7}$$. Find the cost price of the TV.

751 0

  • 1
    रु 900
    Correct
    Wrong
  • 2
    रु 650
    Correct
    Wrong
  • 3
    रु 700
    Correct
    Wrong
  • 4
    रु 800
    Correct
    Wrong
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Answer : 3. "रु 700 "

Q:

A trader marks his goods at 20% above cost price. If he allows a discount of 5% what is his final profit%?

639 0

  • 1
    12%
    Correct
    Wrong
  • 2
    14%
    Correct
    Wrong
  • 3
    15%
    Correct
    Wrong
  • 4
    18%
    Correct
    Wrong
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Answer : 2. "14%"

Q:

Cost price of 25 chairs equals the selling price of 20 chairs. Find the profit %.

805 0

  • 1
    20%
    Correct
    Wrong
  • 2
    33%
    Correct
    Wrong
  • 3
    25%
    Correct
    Wrong
  • 4
    12.5%
    Correct
    Wrong
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Answer : 3. "25%"

Q:

By selling 90 chocolates for Rs. 160, a chocolate trader loses 20%. How many chocolates should he sell for Rs. 96 to make a profit of 20%?

850 0

  • 1
    45
    Correct
    Wrong
  • 2
    36
    Correct
    Wrong
  • 3
    54
    Correct
    Wrong
  • 4
    28
    Correct
    Wrong
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Answer : 2. "36"

Q:

Sarita sells a Phone at a profit of 20%. If she had bought it at 20% less and sold it for Rs. 180 less, she would have gained 25%. Find the cost price of the Phone.

4833 0

  • 1
    Rs. 800
    Correct
    Wrong
  • 2
    Rs. 850
    Correct
    Wrong
  • 3
    Rs. 900
    Correct
    Wrong
  • 4
    Rs. 1000
    Correct
    Wrong
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Answer : 3. "Rs. 900"

Q:

A wholesaler purchased 7 hair clips for a rupee. How many for a rupee must he sell to get profit of 40%?

654 0

  • 1
    6
    Correct
    Wrong
  • 2
    5
    Correct
    Wrong
  • 3
    4
    Correct
    Wrong
  • 4
    3
    Correct
    Wrong
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Answer : 2. "5"

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