Profit and Loss Questions Practice Question and Answer
8 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
892 05efd36d27228dd6b06e2843f
5efd36d27228dd6b06e2843f- 1Rs. 2,800false
- 2Rs. 3,000false
- 3Rs. 2,600false
- 4Rs. 2,700true
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Answer : 4. "Rs. 2,700 "
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 ? 1611 05b5cc74fe4d2b4197774fb3a
5b5cc74fe4d2b4197774fb3a- 1Rs. 55false
- 2Rs. 60true
- 3Rs. 65false
- 4Rs. 70false
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Answer : 2. "Rs. 60"
Explanation :
Answer: B) Rs. 60 Explanation: Let the cost price of a ball is Rs.xGiven, on selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 ballsThe equation is :17x - 720 = 5xSolving the equation we get x = 60Therefore, cost price of a ball is Rs. 60.
Q: A cycle is sold for Rs.2070 at profit of 15%, at what profit of 15%, at what price it should be sold so as to earn 25% Profit. 4869 05d13299509a40f38019e53a2
5d13299509a40f38019e53a2- 12150false
- 22250true
- 32350false
- 42450false
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Answer : 2. "2250"
Q: A dishonest dealer professes to sell his good at cost price, but he uses a weight of 800 gm. For one kg. Find his gain percent? 1850 05d132e47925caa2d5bbbff61
5d132e47925caa2d5bbbff61- 120false
- 225true
- 340false
- 410false
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Answer : 2. "25"
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. 3895 05d133b6940daee3c552fcb1f
5d133b6940daee3c552fcb1f- 1Rs 6000false
- 2Rs 4000true
- 3Rs 5450false
- 4Rs 6800false
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Answer : 2. "Rs 4000"
Q: If a chair sold for Rs. 600 at the profit of 20%, then the original price of the chair is:
2158 05dbfbb70d701145da0b070fd
5dbfbb70d701145da0b070fd- 1Rs. 540false
- 2Rs. 500true
- 3Rs. 480false
- 4Rs. 580false
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Answer : 2. "Rs. 500"
Q: What is the discount rate of a gift whose selling price is Rs. 420 after a reduction of Rs. 60 on its marked price ?
1123 05e3252331f73627362281714
5e3252331f73627362281714- 110.5false
- 212.5true
- 314.5false
- 413.5false
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Answer : 2. "12.5"
Q: A manufacturer fixes his selling price at $$33{1\over3}\% $$ over the cost of production. If the cost of production goes up by 12 % and manufacturer raises his selling price by 10%, his percentage profit is
846 05efd3ed4eb90be58c5918ce9
5efd3ed4eb90be58c5918ce9- 135%false
- 2$$28{3\over8}\%$$false
- 3$$36{5\over9}\%$$false
- 4$$30{20\over21}\%$$true
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