Profit and Loss Questions Practice Question and Answer
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Q: A person sells two objects in Rs 5000 each. He sells one for 20% profit and another for 20% loss. Find his total profit or loss percent in the whole transaction. 4699 05d13414c40daee3c552fcb44
5d13414c40daee3c552fcb44- 14 % profitfalse
- 24% Losstrue
- 320% Profitfalse
- 4No Profit and Lossfalse
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Answer : 2. "4% Loss"
Q: By selling a table for Rs. 350 instead of Rs. 400, loss percent increases by 5%. The cost price of table is :
4652 05e63457fa25556773e58dc0f
5e63457fa25556773e58dc0f- 1Rs. 1, 050false
- 2Rs. 417.50false
- 3Rs. 435false
- 4Rs. 1,000true
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Answer : 4. "Rs. 1,000"
Q: A shopkeeper sells a certain object in Rs 2520 after giving two consecutive discounts of 10% and 30 %. Find the marked price of the object. 3889 05d133b6940daee3c552fcb1f
5d133b6940daee3c552fcb1f- 1Rs 6000false
- 2Rs 4000true
- 3Rs 5450false
- 4Rs 6800false
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Answer : 2. "Rs 4000"
Q: On selling oranges 5 for Rs.1. One gets 20% profit. How many orange were purchased for Rs.1. 3814 05d1338f2d2441c3c5ff90a35
5d1338f2d2441c3c5ff90a35- 13false
- 27false
- 34false
- 46true
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Answer : 4. "6"
Q: A man sells a table at 12 % loss and a book at 19% profit then he earns Rs. 160 as profit. But if he sells the table at 12 % profit and the book at 16% loss then he bears a loss of Rs. 40. Find the price of one book?
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5f5af7384d383e58c6b6cf54- 1Rs. 4200false
- 2Rs. 4100false
- 3Rs. 4300false
- 4Rs. 4000true
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Answer : 4. "Rs. 4000"
Q: If a dealer wants to earn 40% profit on an article after offering 30% discount, by what percent should be increase his marked price to arrive at the label price? 3700 05d133f3140daee3c552fcb29
5d133f3140daee3c552fcb29- 150%false
- 2100%true
- 3200%false
- 460%false
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Answer : 2. "100%"
Q: Rekha bought a scooter for Rs 20,000 and sold it for Rs 22,000. What is the profit percentage?
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5f9f9ad9d265227c88cddbda- 115 %false
- 212 %false
- 320 %false
- 410 %true
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Answer : 4. "10 % "
Q: A watch sold for Rs.1440 at 10 % loss, at what price it should be sold so as to earn 15% profit. 3689 05d131eee925caa2d5bbbff39
5d131eee925caa2d5bbbff39- 11820false
- 21830false
- 31840true
- 41850false
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Answer : 3. "1840"
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