Profit and Loss Questions Practice Question and Answer

Q:

Vivek buys 3 shirts at an average price of Rs. 1250. If he buys 2 more shirts at an average price of Rs. 1450. What will be the average price (in Rs.) of all the 5 shirts he buys?

797 0

  • 1
    1350
    Correct
    Wrong
  • 2
    1390
    Correct
    Wrong
  • 3
    1330
    Correct
    Wrong
  • 4
    1310
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "1330"

Q:

Anil bought two articles A and B at a total cost of ₹ 10,000. He sold the article A at 15% profit and the actacle B at 10% loss. In the whole deal, be made no profit or no loss. Find the selling price of the article A.

792 0

  • 1
    ₹4,500
    Correct
    Wrong
  • 2
    ₹5,400
    Correct
    Wrong
  • 3
    ₹4,600
    Correct
    Wrong
  • 4
    ₹4,200
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "₹4,600"

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: 

791 0

  • 1
    Rs. 60
    Correct
    Wrong
  • 2
    Rs. 55
    Correct
    Wrong
  • 3
    Rs. 45
    Correct
    Wrong
  • 4
    Rs. 50
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Rs. 60 "

Q:

The cash difference between the selling price of an article at a profit of 8 % and 12 % is Rs 3. The ratio of two selling prices is:

789 0

  • 1
    27 : 31
    Correct
    Wrong
  • 2
    27 : 28
    Correct
    Wrong
  • 3
    27 : 29
    Correct
    Wrong
  • 4
    29 : 31
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "27 : 28"

Q:

Ritesh sold a pen for Rs. 36 with a profit of 20%. If it were sold for Rs. 33, then what could be the percentage of profit or loss?

785 0

  • 1
    10% Profit
    Correct
    Wrong
  • 2
    15% Profit
    Correct
    Wrong
  • 3
    12% Loss
    Correct
    Wrong
  • 4
    18% Loss
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "10% Profit"

Q:

A and B invested 1/2 and 1/3 of the total capital respectively, the remaining part C invested. If there is a profit of Rs. 9696 at the end of the year, then what is the profit of B?

784 0

  • 1
    4848
    Correct
    Wrong
  • 2
    3232
    Correct
    Wrong
  • 3
    1616
    Correct
    Wrong
  • 4
    2424
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "3232"

Q:

A men sells his cycle at 6% profit. Had he sold it at 15% profit, he would have received 180 Rs. More. What is the cost price of the cycle?

784 0

  • 1
    Rs 1000
    Correct
    Wrong
  • 2
    Rs 1200
    Correct
    Wrong
  • 3
    Rs 1500
    Correct
    Wrong
  • 4
    Rs 2000
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "Rs 2000"

Q:

A dishonest dealer marks up his goods by 50% and then gives a discount of 20% on the marked price. Apart from this, he uses a faulty balance which reads 1kg for 900 gm. What is his net profit percentage (rounded off to the nearest integer)?

775 0

  • 1
    24
    Correct
    Wrong
  • 2
    27
    Correct
    Wrong
  • 3
    36
    Correct
    Wrong
  • 4
    33
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "33"

      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