Profit and Loss Questions Practice Question and Answer
8 Q: 13 articles were bought for Rs. 5980 and sold for Rs 6656. How much was the approximate profit percentage per article?
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5e6c5c788fcee56af205357c- 115 %false
- 211%true
- 39%false
- 419%false
- 513 %false
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Answer : 2. "11%"
Q: The cost price of an article is 480. If it is to be sold at a profit of 6.25 %, how much would be its selling price?
1612 05e6c5be78fcee56af205341b
5e6c5be78fcee56af205341b- 1Rs 510true
- 2Rs 530false
- 3Rs 503false
- 4Rs 519false
- 5None of thesefalse
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Answer : 1. "Rs 510"
Q: What would be the printed price of a wallclock purchased at ₹380, so that after giving 5 % discount, there is 25 % profit?
1081 05e6b83310b8b1e6afc293a77
5e6b83310b8b1e6afc293a77- 1₹ 500true
- 2₹ 600false
- 3₹ 400false
- 4₹ 450false
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Answer : 1. "₹ 500 "
Q: By selling a table for Rs. 350 instead of Rs. 400, loss percent increases by 5%. The cost price of table is :
4658 05e63457fa25556773e58dc0f
5e63457fa25556773e58dc0f- 1Rs. 1, 050false
- 2Rs. 417.50false
- 3Rs. 435false
- 4Rs. 1,000true
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Answer : 4. "Rs. 1,000"
Q: If the ratio of selling price and cost price is 4:5 respectively, then what is the loss percentage?
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5e4e10f61b69e805d0bbee10- 110false
- 216.66false
- 312.5false
- 420true
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Answer : 4. "20"
Q: Naresh purchased a TV set for Rs. 11,250 after getting a discount of 10 % on the labeled price. He spent Rs. 150 on transport and Rs. 800 on installation. At what price should it be sold so that the profit earned would have been 15 % if no discount was offered?
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5e4d0e43701cfd31ff635155- 1Rs. 12937.50false
- 2Rs. 14,030true
- 3Rs. 13,450false
- 4Rs. 15467.50false
- 5None of thesefalse
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Answer : 2. "Rs. 14,030 "
Q: Prakash, Sunil and Anil started a business jointly investing Rs. 11 lakhs, Rs. 16.5 lakhs and Rs 8.25 lakhs respectively. The profit earned by them in the business at the end of three years was Rs. 19.5 lakhs. What will be the 50% of Anil's share in the profit?
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5e4d07f9701cfd31ff632dc3- 1Rs. 4.5 lakhsfalse
- 2Rs. 2.25 lakhstrue
- 3Rs. 2.5 lakhsfalse
- 4Rs. 3.75 lakhsfalse
- 5None of thesefalse
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Answer : 2. "Rs. 2.25 lakhs "
Q: The price of 6 pencils is Rs. 30 and that of 12 pens is Rs. 120. What is the average price of 50 pencils and 50 pens?
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5e3255a67a622870856622dc- 16.75false
- 27.5true
- 35false
- 45.75false
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