profit and loss Practice Question and Answer

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. 3617 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 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 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: On selling 36 oranges one incurs a loss equal to selling Price of 4 oranges. What will be the loss%? 1910 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: 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: 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"

Q: If one object is sold for 5% instead of 5 % loss the seller gets Rs. 33.6 more. What is the cost Price? 2697 0

  • 1
    336
    Correct
    Wrong
  • 2
    454
    Correct
    Wrong
  • 3
    672
    Correct
    Wrong
  • 4
    785
    Correct
    Wrong
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Answer : 1. "336"

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: The marked price of a certain object is Rs 10,000. Shopkeeper gives three consecutive discounts of 10%, 20%, 30%. Find the selling price of the object. 2998 1

  • 1
    Rs 6000
    Correct
    Wrong
  • 2
    Rs 6340
    Correct
    Wrong
  • 3
    Rs 5040
    Correct
    Wrong
  • 4
    Rs 7000
    Correct
    Wrong
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Answer : 3. "Rs 5040 "

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