profit and loss Practice Question and Answer

Q: A shopkeeper sells a TV set on discount of 8% of printed price and gains 25%. If print price was Rs 20000 then, what was the cost price? 5025 0

  • 1
    Rs 13800
    Correct
    Wrong
  • 2
    Rs 14720
    Correct
    Wrong
  • 3
    Rs 14800
    Correct
    Wrong
  • 4
    Rs 13720
    Correct
    Wrong
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Answer : 2. "Rs 14720"

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 0

  • 1
    2150
    Correct
    Wrong
  • 2
    2250
    Correct
    Wrong
  • 3
    2350
    Correct
    Wrong
  • 4
    2450
    Correct
    Wrong
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Answer : 2. "2250"

Q: Cost price of 21 objects is equal to selling price of 15 objects. What is the profit? 4865 0

  • 1
    25%
    Correct
    Wrong
  • 2
    30%
    Correct
    Wrong
  • 3
    33%
    Correct
    Wrong
  • 4
    40%
    Correct
    Wrong
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Answer : 4. "40%"

Q: A person sells two objects in Rs 5000 each. He sells one for 20% profit and another for 20% loss. Find his total profit or loss percent in the whole transaction. 4708 0

  • 1
    4 % profit
    Correct
    Wrong
  • 2
    4% Loss
    Correct
    Wrong
  • 3
    20% Profit
    Correct
    Wrong
  • 4
    No Profit and Loss
    Correct
    Wrong
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Answer : 2. "4% Loss"

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 0

  • 1
    Rs 6000
    Correct
    Wrong
  • 2
    Rs 4000
    Correct
    Wrong
  • 3
    Rs 5450
    Correct
    Wrong
  • 4
    Rs 6800
    Correct
    Wrong
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Answer : 2. "Rs 4000"

Q: On selling oranges 5 for Rs.1. One gets 20% profit. How many orange were purchased for Rs.1. 3817 0

  • 1
    3
    Correct
    Wrong
  • 2
    7
    Correct
    Wrong
  • 3
    4
    Correct
    Wrong
  • 4
    6
    Correct
    Wrong
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Answer : 4. "6"

Q: If a dealer wants to earn 40% profit on an article after offering 30% discount, by what percent should be increase his marked price to arrive at the label price? 3703 0

  • 1
    50%
    Correct
    Wrong
  • 2
    100%
    Correct
    Wrong
  • 3
    200%
    Correct
    Wrong
  • 4
    60%
    Correct
    Wrong
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Answer : 2. "100%"

Q: A watch sold for Rs.1440 at 10 % loss, at what price it should be sold so as to earn 15% profit. 3693 0

  • 1
    1820
    Correct
    Wrong
  • 2
    1830
    Correct
    Wrong
  • 3
    1840
    Correct
    Wrong
  • 4
    1850
    Correct
    Wrong
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Answer : 3. "1840"

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