profit and loss Practice Question and Answer

Q: A fruit seller buys lemons two for Rs 1 and sells at 5 for Rs 3 rate. Find his profit percent. 1360 0

  • 1
    10
    Correct
    Wrong
  • 2
    15
    Correct
    Wrong
  • 3
    20
    Correct
    Wrong
  • 4
    25
    Correct
    Wrong
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Answer : 3. "20 "

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: 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 "

Q: What should be % increased the Marked price so that even after allowing 10% discount one get the profit of 26%? 1897 0

  • 1
    20%
    Correct
    Wrong
  • 2
    50%
    Correct
    Wrong
  • 3
    60%
    Correct
    Wrong
  • 4
    40%
    Correct
    Wrong
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Answer : 4. "40%"

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 shopkeeper earns a profit of shopkeeper earns a profit of 25% after giving a discount of 20%. Find the ratio between the cost price and the marked price. 1654 1

  • 1
    25:16
    Correct
    Wrong
  • 2
    16:25
    Correct
    Wrong
  • 3
    16:27
    Correct
    Wrong
  • 4
    27:10
    Correct
    Wrong
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Answer : 2. "16:25"

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