Profit and Loss Questions Practice Question and Answer
8 Q: If a discount of 10% is allowed on the marked price of an article, a shopkeeper gets a profit of 25 %. If he offers a discount of 25% on the marked price of the same article, then his percentage profit/loss will be:
753 060531866528a962d2e429ae1
60531866528a962d2e429ae1- 14 % profitfalse
- 2$$ {4 {1\over 6}}{ \%}$$ lossfalse
- 3$$ {4 {1\over 6}}{ \%}$$ profittrue
- 44 % lossfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "$$ {4 {1\over 6}}{ \%}$$ profit"
Q: The marked price of an article is Rs.800. A retailer buys it for Rs.540 after getting two successive discounts. The first discount is 25 %. What is the second discount?
718 0605316f3a01bc44789ae0ff1
605316f3a01bc44789ae0ff1- 18 %false
- 212 %false
- 310 %true
- 415 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "10 %"
Q: The profit on selling an article for Rs.1,100 is equal to three times the amount of loss on selling it for Rs.700. To gain 12.5%, the article must be sold for:
840 06051c4bdd3e3d30b29d99cca
6051c4bdd3e3d30b29d99cca- 1Rs.956false
- 2Rs.877.50false
- 3Rs.787.50false
- 4Rs.900true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Rs.900"
Q: A shopkeeper marked the price of an article by 40% above cost price and gave discount of Rs. 224. On the final amount, he charged 10% tax. In the whole transaction, he earned Rs. 158.6. Find cost price of the article.
1355 060408aafb0e8d85dadab7639
60408aafb0e8d85dadab7639- 1Rs 750true
- 2Rs 760false
- 3Rs 744false
- 4Rs 757false
- 5Rs 748false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rs 750"
Q: If a trader finds out that his profit is equal to 20 percent of the selling price, then his actual profit is.
763 060373ef89d90e74af72ad62e
60373ef89d90e74af72ad62e- 120 %false
- 222 %false
- 325 %true
- 430 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "25 %"
Q: A person has 12 bananas for Rs 24. Sell in So he got the benefit of 25 percent. How many bananas he buy in Rs. 40?
917 060373d3ccd43d04a8f4a7767
60373d3ccd43d04a8f4a7767- 130false
- 225true
- 340false
- 445false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "25"
Q: The difference between the selling prices of an article at a profit of 15% and at a profit of 10% is Rs.10. The cost price of the article is -
764 060361d00a0666c3c85056f10
60361d00a0666c3c85056f10- 1Rs.150false
- 2Rs.200true
- 3Rs.100false
- 4Rs.120false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs.200"
Q: Kuldeep sells an article for ₹ 3240 and earns a profit of 20%. What is the cost price of the article?
1018 0603363b0ed952b1532dcf426
603363b0ed952b1532dcf426- 1₹ 2750false
- 2₹ 2700true
- 3₹ 2800false
- 4₹ 2820false
- Show AnswerHide Answer
- Workspace
- SingleChoice