Profit and Loss Questions Practice Question and Answer

Q: A fruit seller buys lemons two for Rs 1 and sells at 5 for Rs 3 rate. Find his profit percent. 1357 0

  • 1
    10
    Correct
    Wrong
  • 2
    15
    Correct
    Wrong
  • 3
    20
    Correct
    Wrong
  • 4
    25
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "20 "

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. 2997 1

  • 1
    Rs 6000
    Correct
    Wrong
  • 2
    Rs 6340
    Correct
    Wrong
  • 3
    Rs 5040
    Correct
    Wrong
  • 4
    Rs 7000
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Rs 5040 "

Q:

A man buys 12 articles for Rs. 12 /- and sells them at the rate of Rs.1.25 per article. His gain percentage is: 

1154 0

  • 1
    20
    Correct
    Wrong
  • 2
    25
    Correct
    Wrong
  • 3
    15
    Correct
    Wrong
  • 4
    18
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "25 "

Q: On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is ? 1611 0

  • 1
    Rs. 55
    Correct
    Wrong
  • 2
    Rs. 60
    Correct
    Wrong
  • 3
    Rs. 65
    Correct
    Wrong
  • 4
    Rs. 70
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "Rs. 60"
Explanation :

Answer: B) Rs. 60 Explanation: Let the cost price of a ball is Rs.xGiven, on selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 ballsThe equation is :17x - 720 = 5xSolving the equation we get x = 60Therefore, cost price of a ball is Rs. 60.

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. 4868 0

  • 1
    2150
    Correct
    Wrong
  • 2
    2250
    Correct
    Wrong
  • 3
    2350
    Correct
    Wrong
  • 4
    2450
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "2250"

Q: A dishonest dealer professes to sell his good at cost price, but he uses a weight of 800 gm. For one kg. Find his gain percent? 1849 0

  • 1
    20
    Correct
    Wrong
  • 2
    25
    Correct
    Wrong
  • 3
    40
    Correct
    Wrong
  • 4
    10
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "25"

Q: A shopkeeper sells a certain object in Rs 2520 after giving two consecutive discounts of 10% and 30 %. Find the marked price of the object. 3892 0

  • 1
    Rs 6000
    Correct
    Wrong
  • 2
    Rs 4000
    Correct
    Wrong
  • 3
    Rs 5450
    Correct
    Wrong
  • 4
    Rs 6800
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "Rs 4000"

Q:

If a chair sold for Rs. 600 at the profit of 20%, then the original price of the chair is:

2153 0

  • 1
    Rs. 540
    Correct
    Wrong
  • 2
    Rs. 500
    Correct
    Wrong
  • 3
    Rs. 480
    Correct
    Wrong
  • 4
    Rs. 580
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "Rs. 500"

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully