Profit and Loss Questions Practice Question and Answer
8 4 Q:
5dbfbbd8c559bc74bfc42b8c 4 Q:
5e268e054064eb35eef6433a 4 Answer : 2. "Rs. 60"
4 4 4 4 Q:
5dbfbb70d701145da0b070fd 4 Q:
5e3252331f73627362281714
Q: If a man estimates his loss as 20% of the selling price, then his loss percent is:
1491 05dbfbbd8c559bc74bfc42b8c
5dbfbbd8c559bc74bfc42b8c- 120%false
- 225%false
- 340/3%false
- 450/3%true
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- SingleChoice
Answer : 4. "50/3%"
Q: A tradesman marks his goods at 20 % above the cost price. He allows his customers a discount of 8% on marked price. Find out his profit percent.
1297 05e268e054064eb35eef6433a
5e268e054064eb35eef6433a- 112 %false
- 210.4 %true
- 316 %false
- 420 %false
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Answer : 2. "10.4 %"
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
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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
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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
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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
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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:
2157 05dbfbb70d701145da0b070fd
5dbfbb70d701145da0b070fd- 1Rs. 540false
- 2Rs. 500true
- 3Rs. 480false
- 4Rs. 580false
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Answer : 2. "Rs. 500"
Q: What is the discount rate of a gift whose selling price is Rs. 420 after a reduction of Rs. 60 on its marked price ?
1123 05e3252331f73627362281714
5e3252331f73627362281714- 110.5false
- 212.5true
- 314.5false
- 413.5false
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Answer : 2. "12.5"
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