Profit and Loss Questions Practice Question and Answer
8 Q: If a discount of 10% is allowed on the marked price of an article, a shopkeeper gets a profit of 25 %. If he offers a discount of 25% on the marked price of the same article, then his percentage profit/loss will be:
846 060531866528a962d2e429ae1
60531866528a962d2e429ae1- 14 % profitfalse
- 2false
loss - 3true
profit - 44 % lossfalse
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Answer : 3. " profit"
Q: If a seller bought an item for Rs. 900 and determined the mark price in such a way that after giving 10 percent discount, he would get a profit of 20 percent, what would be the mark price?
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5fb399bfcb95815ec70d6862- 1Rs. 1180false
- 2Rs.1080false
- 3Rs. 1200true
- 4Rs. 1100false
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Answer : 3. "Rs. 1200 "
Q: If the ratio of cost price and selling price is 5 : 4, then the loss percentage is-
836 1617a3e034e71ee22ddb61aac
617a3e034e71ee22ddb61aac- 120 %true
- 225 %false
- 340 %false
- 450 %false
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Answer : 1. "20 % "
Q: While selling an article, a shopkeeper gives a discount of 5%. If he gives a discount of 7%, he earns Rs.15 less as profit. The marked price of the article is -
835 06024ebb0cce66f776c86b170
6024ebb0cce66f776c86b170- 1Rs.1250false
- 2Rs.840false
- 3Rs.750true
- 4Rs.850false
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Answer : 3. "Rs.750"
Q: There would be a 10 % loss. if rice is sold at ₹ 54 per kg. To earn a profit of 20 %, the price of rice per kg will be
833 05efd3a49196e681f76ec5b83
5efd3a49196e681f76ec5b83- 1₹ 63false
- 2₹ 65false
- 3₹ 72true
- 4₹ 70false
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Answer : 3. "₹ 72 "
Q: A man sold a watch at a loss of 5%. If he would have sold it for Rs. 27 more, he would have gained 7%. The cost price of the watch is -
811 0609a63ad8ea85b2491016d43
609a63ad8ea85b2491016d43- 1Rs. 325false
- 2Rs. 225true
- 3Rs. 500false
- 4Rs. 375false
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Answer : 2. "Rs. 225"
Q: The marked price of an article is Rs.800. A retailer buys it for Rs.540 after getting two successive discounts. The first discount is 25 %. What is the second discount?
805 0605316f3a01bc44789ae0ff1
605316f3a01bc44789ae0ff1- 18 %false
- 212 %false
- 310 %true
- 415 %false
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Answer : 3. "10 %"
Q: If Arun purchases 11 articles for Rs.10 and sold all the articles at the rate of 10 for Rs.11, the profit percentage will be.
796 06024f1cecce66f776c86d09b
6024f1cecce66f776c86d09b- 121%true
- 2100%false
- 310%false
- 411%false
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