Profit and Loss Questions Practice Question and Answer
8 Q: By selling an article at 2/3 of the Marked price, there is a loss of 10%. The profit percent when the article is sold at the Marked prices
795 062ff7b8ffef7996822ddfb52
62ff7b8ffef7996822ddfb52- 120%false
- 230%false
- 335%true
- 440%false
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "35%"
Q: A trader sold two items at the same price. One at 20% profit and another at 10% loss. The overall profit / loss percentage of the trader is ________
792 06095241a5deaac0c4620f8e6
6095241a5deaac0c4620f8e6- 14% lossfalse
- 24% profitfalse
- 38% lossfalse
- 4None of thesetrue
- Show Answer
- Workspace
- SingleChoice
Answer : 4. "None of these"
Q: There is 10% loss if an article is sold at Rs. 270. Then the cost price of the article is
791 06246d8fca008a64dd39f1ce3
6246d8fca008a64dd39f1ce3- 1Rs 320true
- 2Rs. 250false
- 3Rs. 300false
- 4Rs. 270false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "Rs 320 "
Explanation :
Q: A shopkeeper bought 25 kg. of pulses at the rate of Rs. 54 kg. He sold forty percent of the total quantity at the rate of Rs. 50 per kg. at what price per kg should he sell the approximately quantity to make 25% overall profit ?
788 060acc2fe5b70231d286a910c
60acc2fe5b70231d286a910c- 179true
- 281false
- 398false
- 467false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "79"
Q: A cycle seller gives 10% discount on marked retail price and still earns 26% profit. If marked retail price of the cycle is Rs. 840/- Then how much money was paid by the seller for that cycle?
785 06337231a5c208a6bf71d20a4
6337231a5c208a6bf71d20a4- 1₹ 600/-true
- 2₹ 650/-false
- 3₹ 700/-false
- 4₹ 750/-false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "₹ 600/-"
Q: A Shopkeeper marks his goods 20 % above its cost price and gives 15 % discount on the marked price. Find the gain?
779 060b71348cef13e72bbf96aef
60b71348cef13e72bbf96aef- 12 %true
- 23 %false
- 34 %false
- 45 %false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "2 %"
Q: A shopkeeper marks an article 24% above its cost price and allows a 15% discount on the marked price. If he earns a profit of Rs. 27 by selling the article, then the selling price of the article is:
774 064f85038a910aab8f9ffdbf2
64f85038a910aab8f9ffdbf2- 1Rs. 522false
- 2Rs. 508false
- 3Rs. 527true
- 4Rs. 517false
- 5Rs. 817false
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 527"
Q: A shopkeeper bought 80 pens in Rs. 400. He sold 40 pens at 60% profit and sold the remaining pens at 20% profit. If he had sold all the pens at a 15% profit, how much less profit would he have made?
771 064e5efca60749cb6f2e600e0
64e5efca60749cb6f2e600e0- 1Rs. 65false
- 2Rs. 80false
- 3Rs. 100true
- 4Rs. 120false
- 5Rs. 150false
- Show Answer
- Workspace
- SingleChoice