profit and loss Practice Question and Answer

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? 1875 0

  • 1
    20
    Correct
    Wrong
  • 2
    25
    Correct
    Wrong
  • 3
    40
    Correct
    Wrong
  • 4
    10
    Correct
    Wrong
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Answer : 2. "25"

Q: Cost price of 21 objects is equal to selling price of 15 objects. What is the profit? 4916 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: On selling 36 oranges one incurs a loss equal to selling Price of 4 oranges. What will be the loss%? 1945 0

  • 1
    10%
    Correct
    Wrong
  • 2
    34%
    Correct
    Wrong
  • 3
    13%
    Correct
    Wrong
  • 4
    14%
    Correct
    Wrong
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Answer : 1. "10%"

Q: On selling oranges 5 for Rs.1. One gets 20% profit. How many orange were purchased for Rs.1. 3854 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: A shopkeeper earns a profit equal to the selling price of 11 meter by selling 22-meter cloth. Find the profit percent. 2573 1

  • 1
    50%
    Correct
    Wrong
  • 2
    52%
    Correct
    Wrong
  • 3
    45%
    Correct
    Wrong
  • 4
    55%
    Correct
    Wrong
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Answer : 1. "50%"

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. 4731 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 person buys oranges 8 for Rs 5 and sells them at 5 Rs 8. Find the profit or loss percentage in the whole transaction. 3645 0

  • 1
    100% Profit
    Correct
    Wrong
  • 2
    150% Loss
    Correct
    Wrong
  • 3
    146% Profit
    Correct
    Wrong
  • 4
    156% Profit
    Correct
    Wrong
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Answer : 4. "156% Profit"

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. 3922 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"

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