Profit and Loss Questions Practice Question and Answer
8 Q: The selling price and the cost price of an article are ₹6,000 and ₹5,000, respectively. What is the profit percentage?
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643d1a2219f0af16e38ba3d3- 125%false
- 210%false
- 320%true
- 415%false
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Answer : 3. "20%"
Q: The cost price of 27 articles is the same as the selling price of 18 articles. What is the gain percentage?
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6433d6011ce944a93e967766- 150%true
- 260%false
- 390%false
- 480 %false
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Answer : 1. "50% "
Q: Shivani purchased five pens for ₹600. She sells these five pens at the rate of ₹50 per pen. What is the approximate lo percentage that Shivani incurred on selling the five pens?
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6433cfa832185cce372c5000- 158.33%true
- 248.33%false
- 353.33%false
- 461.66%false
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Answer : 1. "58.33%"
Q: A fan is sold for ₹1,560 at a profit of 30%. If its selling price is ₹960, then what will be the loss percentage?
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642c0b072b960e1a41963e68- 130%false
- 220%true
- 310%false
- 425%false
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Answer : 2. "20% "
Q: If the selling price of a shirt is reduced from 440 to ₹410, the loss increases by 4%. What is the cost price of the shirt?
1659 0642c0a52dcb650c1457904b8
642c0a52dcb650c1457904b8- 1₹650false
- 2₹750true
- 3₹450false
- 4₹500false
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Answer : 2. "₹750 "
Q: A man bought a chair for ₹580. At what price should he sell the chair so as to gain 25%?
1269 06428210fdcb650c145720e76
6428210fdcb650c145720e76- 1₹1,080false
- 2₹725true
- 3₹590false
- 4₹820false
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Answer : 2. "₹725 "
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: Vishal sells a bag at a profit of 40%. If Vishal's profit is ₹880, then what is the cost price of the bag?
699 06426da015bff3d098d16cf64
6426da015bff3d098d16cf64- 1₹ 2,000false
- 2₹ 2,450false
- 3₹ 1,900false
- 4₹ 2,200true
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