Profit and Loss Questions Practice Question and Answer

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 

966 0

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

Answer : 1. "10% "

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 . The cost price of the book is 

960 0

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

Answer : 1. "Rs . 150 "

Q:

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

957 0

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

Answer : 1. "25 %"

Q:

A shopkeeper cheats to the extent of 10% while buying and selling fruits, by using tampered weights. His total gain , in percentage is:

957 0

  • 1
    22
    Correct
    Wrong
  • 2
    21
    Correct
    Wrong
  • 3
    23
    Correct
    Wrong
  • 4
    24
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 3. "23"

Q:

If Manoj buys 324 toffees for Rs 486, then how many toffees should he sell for Rs 90 to make 50% profit?

955 0

  • 1
    40
    Correct
    Wrong
  • 2
    55
    Correct
    Wrong
  • 3
    60
    Correct
    Wrong
  • 4
    45
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 1. "40"

Q:

Directions: Study the information given below and answer the questions that follow.
An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.

What was the percent profit on the transaction?

951 0

  • 1
    6.8%
    Correct
    Wrong
  • 2
    6.3%
    Correct
    Wrong
  • 3
    6.4 %
    Correct
    Wrong
  • 4
    6.6 %
    Correct
    Wrong
  • 5
    6.2%
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 3. "6.4 %"

Q:

Bananas are bought at 3 for Rs. 2 and sold at 5 for Rs. 4. Find the gain or loss percent.

941 0

  • 1
    25%
    Correct
    Wrong
  • 2
    20%
    Correct
    Wrong
  • 3
    30%
    Correct
    Wrong
  • 4
    15%
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 2. "20% "

  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