Profit and Loss Questions Practice Question and Answer
8 Q: Shashi sells two articles for ₹5,000 each with no loss and no profit in the overall transaction. If one article is sold at $$16{2\over 3}\%$$loss, then the other is sold at a profit of:
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Answer : 1. "25%"
Q: If the cost of 1 dozen apples is Rs. 18, then the cost of 25 apples will be -
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Answer : 4. "Rs. 37.50 "
Q: A shopkeeper charges his customers 15% above the cost price, if a customer has bought a sofa-set for 9039, then for how much did the shopkeeper buy it?
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Answer : 3. "7860 "
Q: By selling an article for Rs. 600 there is a profit of 20%. What is the cost price of the article?
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Answer : 4. "500"
Q: A cloth merchant on selling 33 metres of cloth obtain a profit equal to the selling price of 11 metre of cloth the profit is
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Answer : 3. "50%"
Q: A shopkeeper wants to make a profit of 20% on an article after selling it, while he gives a cash discount of 20%. Further allows 4 more articles for free after purchase of one dozen articles to his premium customer. How much per cent above the cost price he must mark his article?
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Answer : 5. "100%"
Q: A pen passing through two hands is finally sold at a profit of 44% of the original cost price. If the first dealer makes a profit of 20%, then the profit made by the second dealer is:
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Answer : 3. "20%"
Q: A trader sells an article at 16% below its cost price. Had he sold it for ₹192.20 more, he would have gained 15%. The cost price (in ₹) of the article is:
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