Profit and Loss Questions Practice Question and Answer
8 Q: If a chair sold for Rs. 600 at the profit of 20%, then the original price of the chair is:
2158 05dbfbb70d701145da0b070fd
5dbfbb70d701145da0b070fd- 1Rs. 540false
- 2Rs. 500true
- 3Rs. 480false
- 4Rs. 580false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs. 500"
Q: A man wanted to sell an article with 20% profit: but he actually sold at 20% loss for Rs. 480, At what price he wanted to sell it to earn the profit?
946 05dbab04312906e36bedde79c
5dbab04312906e36bedde79c- 1Rs.720true
- 2Rs.840false
- 3Rs.600false
- 4Rs . 750false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rs.720 "
Q: Mohan purchased an article and sold it for Rs 2817.50 and earned 15% profit on the cost price. What was the cost price of the article?
1670 05da0599b0ba8fe2a19c24633
5da0599b0ba8fe2a19c24633- 1Rs 2500false
- 2Rs 2450true
- 3Rs 2550false
- 4Rs 3315false
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs 2450"
Q: Cost of 24 bats and 32 sticks is Rs 5600. What is the price of 3 bats and 4 sticks?
1982 05da0551400e22578c9e9a004
5da0551400e22578c9e9a004- 1Rs 1400false
- 2Rs 2800false
- 3Rs 700true
- 4Data Inadequatefalse
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs 700"
Q: A shopkeeper earns a profit equal to the cost price of 15 meter by selling 45 meter cloth. Find the profit percent? 1879 05d13365fd2441c3c5ff90a30
5d13365fd2441c3c5ff90a30- 133%false
- 230%false
- 3$$ 33 {1 \over 3} $$true
- 455%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "$$ 33 {1 \over 3} $$"
Q: If 5500 copies are published and the transportation cost on them amounts to Rs. 82,500, then what should be the selling price of the book so that the publisher can earn a profit of 25%?
1774 05d70c73bd8eebc768d114030
5d70c73bd8eebc768d114030
- 1Rs. 187.50true
- 2Rs. 191.50false
- 3Rs. 175false
- 4Rs. 180false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 187.50"
Explanation :
For the publisher to earn a profit of 25% S.P = 125% of C.P.
Also Transportation Cost = 10% of C.P.
Let the S.P of 5500 books be Rs. x.
Then, 10 : 125 = 82500 : x ⇒ x = Rs. 
= Rs. 1031250.
⸫ S.P. of one book = Rs. 
= Rs. 187.50.
Q: A cycle is sold for Rs.2070 at profit of 15%, at what profit of 15%, at what price it should be sold so as to earn 25% Profit. 4870 05d13299509a40f38019e53a2
5d13299509a40f38019e53a2- 12150false
- 22250true
- 32350false
- 42450false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "2250"
Q: If one object is sold for 5% instead of 5 % loss the seller gets Rs. 33.6 more. What is the cost Price? 2699 05d132a48925caa2d5bbbff5b
5d132a48925caa2d5bbbff5b- 1336true
- 2454false
- 3672false
- 4785false
- Show AnswerHide Answer
- Workspace
- SingleChoice