Profit and Loss Questions Practice Question and Answer

Q:

A trader sells two items at the rate of Rs 400 each. If he gains 15% on one and losses 15% on other, then what is the value (in Rs) of loss?

1226 0

  • 1
    24.36
    Correct
    Wrong
  • 2
    22.14
    Correct
    Wrong
  • 3
    20.25
    Correct
    Wrong
  • 4
    18.41
    Correct
    Wrong
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Answer : 4. "18.41"

Q:

A man sold 18 cots for Rs.16800, gaining there by the cost price of 3 cots. The cost price of a cot is 

1217 0

  • 1
    Rs.600
    Correct
    Wrong
  • 2
    Rs.800
    Correct
    Wrong
  • 3
    Rs.900
    Correct
    Wrong
  • 4
    Rs.1000
    Correct
    Wrong
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Answer : 2. "Rs.800 "

Q:

If Cost Price of 20 tables is equal to the Selling Price of 25 tables. Find the loss percentage.

1206 0

  • 1
    20%
    Correct
    Wrong
  • 2
    24%
    Correct
    Wrong
  • 3
    12%
    Correct
    Wrong
  • 4
    16%
    Correct
    Wrong
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Answer : 1. "20% "

Q:

A merchant sells a radio at 10 % profit if he bought 10% less and sold it Rs.132 less then he got 10% profit. Find the cost price of radio?

1203 0

  • 1
    1100
    Correct
    Wrong
  • 2
    1200
    Correct
    Wrong
  • 3
    1300
    Correct
    Wrong
  • 4
    1320
    Correct
    Wrong
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Answer : 2. "1200"

Q:

By Selling 90 pens for Rs. 80 a man loses 20%. What should be the selling price (in Rs.) of 90 pens for 20% profit?

1190 0

  • 1
    90
    Correct
    Wrong
  • 2
    100
    Correct
    Wrong
  • 3
    110
    Correct
    Wrong
  • 4
    120
    Correct
    Wrong
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Answer : 4. "120"

Q:

Ratio of CP and SP is 12:13, then the profit percent is?

1180 0

  • 1
    8.33%
    Correct
    Wrong
  • 2
    12.5%
    Correct
    Wrong
  • 3
    7.82%
    Correct
    Wrong
  • 4
    9.4%
    Correct
    Wrong
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Answer : 1. "8.33%"

Q:

If Jhanavi borrowed Rs.1,25,000 at 8% compounded, what will be the amount to be paid back at the end of 2 years? 

1180 0

  • 1
    1,43,800
    Correct
    Wrong
  • 2
    2,00,000
    Correct
    Wrong
  • 3
    1,43,000
    Correct
    Wrong
  • 4
    1,35,800
    Correct
    Wrong
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Answer : 1. "1,43,800 "

Q:

A man has 60 pens. He sells some of these at a profit of 12 % and the rest at 8 % loss. On the whole, he gets a profit 11 %. How many pens were sold at 12 % profit.

1169 1

  • 1
    47
    Correct
    Wrong
  • 2
    52
    Correct
    Wrong
  • 3
    55
    Correct
    Wrong
  • 4
    57
    Correct
    Wrong
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Answer : 4. "57"

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