Profit and Loss Questions Practice Question and Answer

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 0

  • 1
    ₹4
    Correct
    Wrong
  • 2
    ₹2
    Correct
    Wrong
  • 3
    ₹1
    Correct
    Wrong
  • 4
    ₹3
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "₹4"

Q:

By selling 25 m of cloth a man gains the selling price of 5 m of cloth. Find the gain percent?

884 0

  • 1
    25 %
    Correct
    Wrong
  • 2
    20 %
    Correct
    Wrong
  • 3
    30 %
    Correct
    Wrong
  • 4
    22 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "25 %"

  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Rs. 1800 "

Q:

The price of jewelry , passing through three hands. rises on the whole by 65 %. If the first and the second sellers earned 20 % and 25 % profit respectively, the profit earned by the third seller is 

881 0

  • 1
    10%
    Correct
    Wrong
  • 2
    5%
    Correct
    Wrong
  • 3
    20%
    Correct
    Wrong
  • 4
    15%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "10% "

Q:

A sells a good to B at a profit of 20% and B sells it to C at a profit of 25%. If  C pays Rs. 225 for it, what was the cost price of A?

879 0

  • 1
    Rs. 100
    Correct
    Wrong
  • 2
    Rs. 125
    Correct
    Wrong
  • 3
    Rs. 150
    Correct
    Wrong
  • 4
    Rs. 175
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Rs. 150"

Q:

On selling an article for Rs.240, a trader loss of 10%.In order to gain 10%, he must sell that article for -

878 0

  • 1
    Rs.267.50
    Correct
    Wrong
  • 2
    Rs.290.80
    Correct
    Wrong
  • 3
    Rs.293.32
    Correct
    Wrong
  • 4
    Rs.296.84
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Rs.293.32"

Q:

The selling price of the product was equal to 50% of its cost price. Two gradual discounts were offered on the product. If the first discount was 20%, then what was the second discount?

871 0

  • 1
    30 %
    Correct
    Wrong
  • 2
    37.5 %
    Correct
    Wrong
  • 3
    25 %
    Correct
    Wrong
  • 4
    33.33 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "37.5 %"

Q:

A book seller sells a book at a profit of 10 %. If he had bought it at 4 % less and sold it for Rs. 6 more. he would have gained $$18{3\over4}\%$$. The cost price of the book is 

869 0

  • 1
    Rs . 150
    Correct
    Wrong
  • 2
    Rs . 160
    Correct
    Wrong
  • 3
    Rs. 130
    Correct
    Wrong
  • 4
    Rs. 140
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Rs . 150 "

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully