Profit and Loss Questions Practice Question and Answer
8 Q: Ram sold an article for Rs 380 at some profit. Had he sold it for Rs 300, then there would have been a loss equal to one-third at the initial point. What was the cost price of the article?
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Answer : 1. "320 "
Q: When a mobile is sold at 6 percent profit, it gets Rs. 870 more than it is sold at 6 percent loss. So what is the purchase price of mobile?
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5f97f2cef6ce7f2367fdf82c- 17250true
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Answer : 1. "7250"
Q: Cost price of 25 chairs equals the selling price of 20 chairs. Find the profit %.
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6078143263b9781494e3faaa- 120%false
- 233%false
- 325%true
- 412.5%false
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Answer : 3. "25%"
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?
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Answer : 3. "1330"
Q: Vishal sells a bag at a profit of 40%. If Vishal's profit is ₹880, then what is the cost price of the bag?
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6426da015bff3d098d16cf64- 1₹ 2,000false
- 2₹ 2,450false
- 3₹ 1,900false
- 4₹ 2,200true
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Answer : 4. "₹ 2,200"
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?
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Answer : 2. "3232"
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 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?
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5ef18b8f7fed557ba2ab1daf- 1Rs 1000false
- 2Rs 1200false
- 3Rs 1500false
- 4Rs 2000true
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