Profit and Loss Questions Practice Question and Answer
8 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?
403 064c76623a919c8488e1e2375
64c76623a919c8488e1e2375- 1Loss 2.8%false
- 2Profit 2.8%false
- 3Profit 3.6%true
- 4Loss 3.6%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
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?
401 06426e0ed9d18d2e8ae1e037c
6426e0ed9d18d2e8ae1e037c- 14%true
- 23.5%false
- 32.5%false
- 42%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "4%"
Q: A dealer marks a washing machine for ₹7500, and allows a discount of 6% on it. Find the selling price
392 06400bb97cbcfaac0530003a6
6400bb97cbcfaac0530003a6- 1₹ 6850false
- 2₹ 7050true
- 3₹ 7250false
- 4₹ 6950false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "₹ 7050 "
Q: The cost price of 27 articles is the same as the selling price of 18 articles. What is the gain percentage?
386 06433d6011ce944a93e967766
6433d6011ce944a93e967766- 150%true
- 260%false
- 390%false
- 480 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "50% "
Q: A sold a watch to B at a profit of 20%. B sold it to C at 30% profit. C sold it to D at 10% loss. If B's profit is ₹80 more than that of A, then D bought it for:
383 064b90e7388d5e4f52ddf7bf3
64b90e7388d5e4f52ddf7bf3- 1₹700false
- 2₹680false
- 3₹652false
- 4₹702true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "₹702"
Q: A wateh dealer pays 10% customs duty on a watch which costs Rs. 500 abroad. He de- sires to make a profit of 20% after giving a discount of 25% to the buyer. The marked price should be
372 06400bc9f35d86258eccfa330
6400bc9f35d86258eccfa330- 1Rs. 950false
- 2Rs. 800false
- 3Rs. 880true
- 4Rs. 660false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 880 "
Q: The marked price of an article is 30% higher than the cost price. If a trader sells the articles allowing 10% discount to customer, then the gain per- cent will be
370 06400bbe0cbcfaac053000555
6400bbe0cbcfaac053000555- 117 %true
- 220 %false
- 319 %false
- 415 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "17 %"
Q:Answer the following questions
Lokesh sold two items at same price. One of them was sold at a profit of 10% and the other at the loss of 10%. What is the net result of entire transaction?
369 063bd5c7974eba5069d4a7569
63bd5c7974eba5069d4a7569- 11% losstrue
- 22% profitfalse
- 31% profitfalse
- 42% lossfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice