Profit and Loss Questions Practice Question and Answer
8 Q: Total cost of A pens and (A-2) pencils is Rs 424. If one pencil and one pen costs Rs 4 and Rs 20 respectively then find A?
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- 218true
- 315false
- 420false
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Answer : 2. "18"
Q: There is a profit of 10% when an item is sold at of its actual selling price. What will be the profit percentage on the cost price when the item is sold at its actual selling price?
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643d1d391ce944a93ea9385b- 128%false
- 232%true
- 326%false
- 430%false
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Answer : 2. "32%"
Q: A dealer marks a washing machine for ₹7500, and allows a discount of 6% on it. Find the selling price
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6400bb97cbcfaac0530003a6- 1₹ 6850false
- 2₹ 7050true
- 3₹ 7250false
- 4₹ 6950false
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Answer : 2. "₹ 7050 "
Q: A sold a mobile phone to B at a gain of 25% and B sold it to C at a loss of 10%. If C paid ₹5,625 for it, how much did A pay (in ₹) for the phone?
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6479be5df4063d472f1a86a9- 15,100false
- 25,000true
- 34,500false
- 44,800false
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Answer : 2. "5,000"
Q: A dealer marks his goods at 40% above the cost price. He sells 60% of the goods at the marked price giving 10% discount and the rest by giving 50% discount on the marked price. What is his overall profit/loss per cent?
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64c76623a919c8488e1e2375- 1Loss 2.8%false
- 2Profit 2.8%false
- 3Profit 3.6%true
- 4Loss 3.6%false
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Answer : 3. "Profit 3.6%"
Q: The selling prices of two articles are equal. If the first article is sold at a profit of 20% and the second article is sold at a loss of 20%, what will be the overall loss percentage?
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6426e0ed9d18d2e8ae1e037c- 14%true
- 23.5%false
- 32.5%false
- 42%false
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Answer : 1. "4%"
Q: On selling an article for ₹123.40, the gain is 20% more than the amount of loss incurred on selling it for ₹108. If the article is sold for ₹120.75, then what is the gain/loss per cent?
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64b90c21568e7ff594bdd73e- 1Loss 2.5%false
- 2Loss 5%false
- 3Gain 2.5%false
- 4Gain 5%true
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Answer : 4. "Gain 5%"
Q: The item costing Rs. 840 was sold by A shopkeeper at a gain of 10% and it was again sold by the new buyer at the loss of 5%. find the selling price of the item is
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62ff7aa5047feb0792711992- 1Rs. 877.80true
- 2Rs. 798false
- 3Rs. 924false
- 4Rs. 37.80false
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