Profit and Loss Questions Practice Question and Answer
8Q: A person buys oranges 8 for Rs 5 and sells them at 5 Rs 8. Find the profit or loss percentage in the whole transaction. 3613 05d1339bcd2441c3c5ff90a3a
5d1339bcd2441c3c5ff90a3a- 1100% Profitfalse
- 2150% Lossfalse
- 3146% Profitfalse
- 4156% Profittrue
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Answer : 4. "156% Profit"
Q: 13 articles were bought for Rs. 5980 and sold for Rs 6656. How much was the approximate profit percentage per article?
3453 05e6c5c788fcee56af205357c
5e6c5c788fcee56af205357c- 115 %false
- 211%true
- 39%false
- 419%false
- 513 %false
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Answer : 2. "11%"
Q: Pratap bought a radio at a discount of 25% on the real price. He got 40 Rs more, when he sold it at 140 percent of the cost price. Find the the price at which Pratap bought the radio? 3452 05d132bb809a40f38019e53b0
5d132bb809a40f38019e53b0- 1800false
- 2700false
- 3900false
- 4600true
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Answer : 4. "600"
Q: Anoop sells a book to Mayank at a profit of 20% and Mayank sells this book to Siddharth at a profit of 25%. Now Siddharth sells this book at a loss of 10% to Shishir. At what percentage loss should Shishir sells this book now so that his SP becomes equal to Anoop’s CP?
3297 05fd1e0e04ae2934b44f6383f
5fd1e0e04ae2934b44f6383f- 136.68%false
- 225.92%true
- 348.66%false
- 416.46%false
- 5Cannot be determined/false
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Answer : 2. "25.92%"
Q: A machine was sold at 10% Profit had it been sold for Rs 80 less the seller would have incurred 10% loss. What is cost price of Machine? 3202 25d132ae909a40f38019e53ab
5d132ae909a40f38019e53ab- 1350false
- 2400true
- 3450false
- 4520false
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Answer : 2. "400"
Q: The marked price of a certain object is Rs 10,000. Shopkeeper gives three consecutive discounts of 10%, 20%, 30%. Find the selling price of the object. 2995 15d133c4c40daee3c552fcb24
5d133c4c40daee3c552fcb24- 1Rs 6000false
- 2Rs 6340false
- 3Rs 5040true
- 4Rs 7000false
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Answer : 3. "Rs 5040 "
Q: A used car dealer sells a car for Rs 7.6 lakhs and makes some loss. If he had sold if for Rs.9.2 lakhs his profit would been thrice of his loss. What was the cost price of the car (in Rs. Lakhs)?
2812 05dca4f4a582669277c2973cc
5dca4f4a582669277c2973cc- 18.5false
- 28.75false
- 38.25false
- 48true
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Answer : 4. "8"
Q: A shopkeeper has 11 books of same cost price. He sells the first book at certain price, then he sells second book at a price which is ₹ 1 less than the selling price of first book and then he sells third book at a price which is ₹1 less than the selling price of second book. Following this pattern, he sold all 11 books. If he sells sixth book at its cost price. Find the overall percent profit or loss on selling all 11 books.
2701 05dd37ade874d2d52fa316a87
5dd37ade874d2d52fa316a87- 120%false
- 210%false
- 3$$ {1\over 11}\% $$false
- 4No profit no Losstrue
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