Profit and Loss Questions Practice Question and Answer
8 Q: On selling 17 balls at Rs. 720 there is a loss equal to the cost price of 5 balls. The cost price of a ball is:
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5efd39ee7228dd6b06e28838- 1Rs. 60true
- 2Rs. 55false
- 3Rs. 45false
- 4Rs. 50false
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Answer : 1. "Rs. 60 "
Q: A shopkeeper sold sarees at Rs. 266 each after giving 5 % discount on labelled price. Had he not given the discount, he would have earned a profit of 12 % on the cost price. What was the cost price of each saree?
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5efd3996196e681f76ec5b0b- 1Rs. 240false
- 2Rs. 250true
- 3Rs. 280false
- 4Rs. 260false
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Answer : 2. "Rs. 250 "
Q: A man bought 20 dozen eggs for Rs. 720. What should be the selling price of each egg if he wants to make a profit of 20 %?
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5efd37377228dd6b06e28497- 1Rs. 3.50false
- 2Rs. 3.60true
- 3Rs. 3.25false
- 4Rs. 3.30false
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Answer : 2. "Rs. 3.60"
Q: By selling a bicycle for Rs. 2,850 a shopkeeper gain 14%. If the profit is reduced to 8 %, then the selling price will be
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5efd36d27228dd6b06e2843f- 1Rs. 2,800false
- 2Rs. 3,000false
- 3Rs. 2,600false
- 4Rs. 2,700true
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Answer : 4. "Rs. 2,700 "
Q: A businessman sells a commodity at 10 % profit. If he had bought it at 10 % less and sold it for Rs. 2 less, then he would have gained $$16{2\over3}\%$$. The cost price of the commodity is
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5efc79a1eb90be58c59038e5- 1Rs . 32false
- 2Rs . 48false
- 3Rs . 36false
- 4Rs . 40true
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Answer : 4. "Rs . 40 "
Q: If the cost of pins reduces by Rs . 4 per dozen, 12 more pins can be purchased for Rs. 48. The cost of pins per dozen after reduction is:
2592 05efc791fd4461c5b47d6d0fb
5efc791fd4461c5b47d6d0fb- 1Rs. 16false
- 2Rs. 20false
- 3Rs. 8false
- 4Rs . 12true
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Answer : 4. "Rs . 12 "
Q: Two - third of a consignment was sold at a profit of 5% and the remaining at a loss of 2 %. If the total profit was Rs. 400. then the value of the consignment was
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5efc7750eb90be58c5903259- 1Rs . 16,000false
- 2Rs . 16,500false
- 3Rs . 15,000true
- 4Rs . 15,500false
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Answer : 3. "Rs . 15,000 "
Q: Mohan bought 25 books for Rs. 2,000 and sold them at a profit equal to the selling price of 5 books. The selling price of 1 book is:
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5efc76f2196e681f76eae97b- 1Rs . 120false
- 2Rs . 150false
- 3Rs . 100true
- 4Rs . 200false
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