Profit and Loss Questions Practice Question and Answer
8 Q: A Microwave oven is sold in Hyderabad for Rs.M. A retailer, Elahi from Hyderabad went to Madras and bought it for 25% less (when compared to the price in Hyderabad). He spends Rs.1,000 on transport to bring it from Madras to Hyderabad. He sold it in Hyderabad for Rs.M making a profit of 10%. Find the value of M (in Rs.).
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647f3858e72c4684a1e26e61- 16,285.7true
- 26,258.8false
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Answer : 1. "6,285.7 "
Q: The ratio of the cost price and selling price of an article is 10 : 11. The gain per cent is:
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647f343362f8ada0354d5241- 15%false
- 215%false
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Answer : 3. "10%"
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: The profit earned by selling an article for ₹832 is equal to the loss incurred when the article is sold for ₹448. What will be the selling price of the article if it is sold at a ₹10%, loss?
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6479d594bf323e479a8002bb- 1₹576true
- 2₹540false
- 3₹625false
- 4₹640false
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Answer : 1. "₹576 "
Q: A woman buys a watch for Rs. 4,000 and sells it at a loss of 13%. What is the selling price of the watch?
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644faa52f3618908bf548c23- 1Rs.3,480true
- 2Rs.3,500false
- 3Rs.3,840false
- 4Rs.3,620false
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Answer : 1. "Rs.3,480"
Q: The marked price of a table fan is ₹3,750 and is available to the retailer at a discount of 20%. At what price should the retailer sell it to earn a profit of 15%?
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64479811cd6ea382cf821e76- 1₹3,450true
- 2₹3,350false
- 3₹3,300false
- 4₹3,400false
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Answer : 1. "₹3,450"
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: There is a profit of 10% when an item is sold at $${{5\over6}}$$ 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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