Profit and Loss Questions Practice Question and Answer

Q:

By selling 25 m of cloth a man gains the selling price of 5 m of cloth. Find the gain percent?

884 0

  • 1
    25 %
    Correct
    Wrong
  • 2
    20 %
    Correct
    Wrong
  • 3
    30 %
    Correct
    Wrong
  • 4
    22 %
    Correct
    Wrong
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Answer : 1. "25 %"

Q:

The selling price of 5 articles is the same as the cost price of 3 articles. The gain or loss is 

809 0

  • 1
    20% gain
    Correct
    Wrong
  • 2
    25% gain
    Correct
    Wrong
  • 3
    33.33% loss
    Correct
    Wrong
  • 4
    40% loss
    Correct
    Wrong
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Answer : 4. "40% loss "

Q:

A man sold 18 cots for Rs.16800, gaining there by the cost price of 3 cots. The cost price of a cot is 

1218 0

  • 1
    Rs.600
    Correct
    Wrong
  • 2
    Rs.800
    Correct
    Wrong
  • 3
    Rs.900
    Correct
    Wrong
  • 4
    Rs.1000
    Correct
    Wrong
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Answer : 2. "Rs.800 "

Q:

On selling an article for Rs 162 there is a loss of 10%.At what price it should be sell in order to gain a profit of 10%?

2251 0

  • 1
    200
    Correct
    Wrong
  • 2
    198
    Correct
    Wrong
  • 3
    196
    Correct
    Wrong
  • 4
    194
    Correct
    Wrong
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Answer : 3. "196"

Q:

If A purchased 109 cars for Rs.2,64,89,071. How much does 1 car cost? 

1682 0

  • 1
    Rs.2,43,109
    Correct
    Wrong
  • 2
    Rs.2,39,140
    Correct
    Wrong
  • 3
    Rs.2,43,019
    Correct
    Wrong
  • 4
    Rs.2,43,190
    Correct
    Wrong
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Answer : 3. "Rs.2,43,019 "

Q:

If Jhanavi borrowed Rs.1,25,000 at 8% compounded, what will be the amount to be paid back at the end of 2 years? 

1181 0

  • 1
    1,43,800
    Correct
    Wrong
  • 2
    2,00,000
    Correct
    Wrong
  • 3
    1,43,000
    Correct
    Wrong
  • 4
    1,35,800
    Correct
    Wrong
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Answer : 1. "1,43,800 "

Q:

Selling price of an article is $${7\over6}$$ of cost price. What is the profit percentage?

1141 0

  • 1
    $$14{7\over6}\% $$
    Correct
    Wrong
  • 2
    $$12{1\over2}\% $$
    Correct
    Wrong
  • 3
    20%
    Correct
    Wrong
  • 4
    $$16{2\over3}\% $$
    Correct
    Wrong
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Answer : 4. "$$16{2\over3}\% $$"

Q:

By selling an article for Rs. 320, a man incurs a loss of 20%, what should be the selling price of an article to gain 30%?

2505 0

  • 1
    Rs. 520
    Correct
    Wrong
  • 2
    Rs. 690
    Correct
    Wrong
  • 3
    Rs. 550
    Correct
    Wrong
  • 4
    Rs. 440
    Correct
    Wrong
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Answer : 1. "Rs. 520"

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