Profit and Loss Questions Practice Question and Answer
8 Q: Arun buys one kilogram of apples for Rs . 120 and sells it to Swati gaining 25 %. Swati sells it to Divya and Divya again sells it for Rs. 198, making a profit of 10 %. What is the profit percentage made by Swati?
2101 05dd37c16c2282c484e46288e
5dd37c16c2282c484e46288e- 125 %false
- 220 %true
- 316.67 %false
- 415 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "20 % "
Q: A watch sold for Rs.1440 at 10 % loss, at what price it should be sold so as to earn 15% profit. 3693 05d131eee925caa2d5bbbff39
5d131eee925caa2d5bbbff39- 11820false
- 21830false
- 31840true
- 41850false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "1840"
Q: A house and a shop were sold for Rs. 1 lakh each, In this transaction, the house sale resulted into 20 % loss whereas the shop sale into 20 % profit. The entire transaction resulted in:
5693 05d7f1e5f7f06bc6981e04955
5d7f1e5f7f06bc6981e04955- 1no loss no gainfalse
- 2gain of Rs. $$ {1\over24}$$false
- 3loss of Rs.$$ {1\over12}$$ lakhtrue
- 4loss of$$ {1\over18}$$ lakhfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "loss of Rs.$$ {1\over12}$$ lakh "
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 05b5cc74fe4d2b4197774fb3a
5b5cc74fe4d2b4197774fb3a- 1Rs. 55false
- 2Rs. 60true
- 3Rs. 65false
- 4Rs. 70false
- Show AnswerHide Answer
- Workspace
- SingleChoice
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 05d13299509a40f38019e53a2
5d13299509a40f38019e53a2- 12150false
- 22250true
- 32350false
- 42450false
- Show AnswerHide Answer
- Workspace
- SingleChoice
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 05d132e47925caa2d5bbbff61
5d132e47925caa2d5bbbff61- 120false
- 225true
- 340false
- 410false
- Show AnswerHide Answer
- Workspace
- SingleChoice
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. 3893 05d133b6940daee3c552fcb1f
5d133b6940daee3c552fcb1f- 1Rs 6000false
- 2Rs 4000true
- 3Rs 5450false
- 4Rs 6800false
- Show AnswerHide Answer
- Workspace
- SingleChoice
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:
2155 05dbfbb70d701145da0b070fd
5dbfbb70d701145da0b070fd- 1Rs. 540false
- 2Rs. 500true
- 3Rs. 480false
- 4Rs. 580false
- Show AnswerHide Answer
- Workspace
- SingleChoice