Profit and Loss Questions Practice Question and Answer
8 Q: The profit percentage of P and Q is same on selling the articles at Rs. 1800 each but A calculates his profit on the selling price while Q calculates it correctly on the cost price which is equal to 20%. What is the difference in their profits?
1311 05e84392241a4013349c16e43
5e84392241a4013349c16e43- 140false
- 250false
- 360true
- 470false
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "60"
Q: A scientist mixes 10% water in his solution but he is not content with it so he again mixes 10% more water in the previous mixture. What is the profit percentage of the scientist if he sells it at cost price:
1378 05e843a4b41a4013349c17328
5e843a4b41a4013349c17328- 115%false
- 221%false
- 318%true
- 416%false
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "18%"
Q: P purchase an item for Rs 1200 and sold it on a profit of 10%. If he sells it at Rs 1380 then calculate his increase in profit percentage.
1641 05e7ee34a1425f51f3ac20305
5e7ee34a1425f51f3ac20305- 15%true
- 210%false
- 312%false
- 415%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "5% "
Q: Purchased a table for 13500 and sold it 11000. What is his loss percentage?
1512 05e7c376f50339c736669288a
5e7c376f50339c736669288a- 119.81%false
- 220.62%false
- 321.78%false
- 418.52%true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "18.52%"
Q: There is 10 % loss if a watch is sold for Rs 1440/-. At What price it is to be sold to get 15 % profit.
1662 05e72fea9827ff55feb3197a5
5e72fea9827ff55feb3197a5- 1Rs. 1840/-true
- 2Rs. 1850/-false
- 3Rs. 1800/-false
- 4Rs. 1860/-false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 1840/- "
Q: If the cost of production of an article is 2/5 of its marked retail price, If it is sold at 10 % discount then what will be profit ?
1410 05e6f7d2e3550c37dbe365029
5e6f7d2e3550c37dbe365029- 125%false
- 240%false
- 350%false
- 4125%true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "125% "
Q: A DVD player was purchased for Rs 4860. At what price should it be sold so that 25% profit is earned?
2041 05e6c991dd71e3c58da724d3d
5e6c991dd71e3c58da724d3d- 1Rs 6225false
- 2Rs 6275false
- 3Rs 6075true
- 4Rs 6025false
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs 6075"
Q: Cost of 18 shirts and 45 trousers is Rs 68,400. What is the cost of 10 shirts and 25 trousers?
1612 05e6c8e7c8fcee56af205ae3a
5e6c8e7c8fcee56af205ae3a- 1Rs 38,000true
- 2Rs 36,000false
- 3Rs 34,200false
- 4Rs 36,200false
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice