Profit and Loss Questions Practice Question and Answer
8 Q: A dealer buys a table listed at Rs 1,500 and gets successive discounts of 20% and 10%. He spends Rs. 20 on transportation and sells it at a profit of 20%. The selling price of the table is
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60112fff178b94051cea1628- 1Rs.1320true
- 2Rs.1350false
- 3Rs.1360false
- 4Rs.1380false
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Answer : 1. "Rs.1320 "
Explanation :
Q: A store sells a watch for a profit of 25% of the cost. Then the percentage of profit against selling price is-
1009 061161e5f56340c20700ab605
61161e5f56340c20700ab605- 122%false
- 220%true
- 318%false
- 415%false
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Answer : 2. "20%"
Explanation :
Q: If the profit on selling an article for Rs. 425 is the same as the loss on selling it for Rs. 355, then the cost price of the article is
1423 05f803b6488aba328edaf3cd0
5f803b6488aba328edaf3cd0- 1Rs. 390true
- 2Rs. 380false
- 3Rs. 400false
- 4Rs. 440false
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Answer : 1. "Rs. 390"
Explanation :
Q: By selling an article for Rs. 450, I lose 20%. For what price should I sell it to gain 20% ?
1019 06246d9ec398e4a497b442d20
6246d9ec398e4a497b442d20- 1Rs. 470false
- 2Rs. 562.50false
- 3Rs. 490false
- 4Rs. 675true
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Answer : 4. "Rs. 675 "
Explanation :
Q: There is 10% loss if an article is sold at Rs. 270. Then the cost price of the article is
784 06246d8fca008a64dd39f1ce3
6246d8fca008a64dd39f1ce3- 1Rs 320true
- 2Rs. 250false
- 3Rs. 300false
- 4Rs. 270false
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Answer : 1. "Rs 320 "
Explanation :
Q: A fruit merchant makes a profit of 25% by selling mangoes at a certain price. If he charges Re. 1 more on each mango, he would gain 50%. At first the price of one mango was
860 06246d84d398e4a497b442ac1
6246d84d398e4a497b442ac1- 1Rs. 4false
- 2Rs. 6false
- 3Rs. 5true
- 4Rs. 7false
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Answer : 3. "Rs. 5 "
Explanation :
Q: Pooja wants to sell a watch at a profit of 20%. She bought it at 10% less and sold it at ₹ 30 less, but still she gained 20%. The cost price of watch is
740 06246d7b0398e4a497b442a72
6246d7b0398e4a497b442a72- 1₹ 250true
- 2₹ 225false
- 3₹ 240false
- 4₹ 220false
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Answer : 1. "₹ 250 "
Explanation :
Q: A merchant loses 10% by selling an article. If the cost price of the article is ₹ 15, then the selling price of the article is
722 06246d6e89809e154c70525c2
6246d6e89809e154c70525c2- 1₹ 12.30false
- 2₹ 13.50true
- 3₹ 13.20false
- 4₹ 16.50false
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