profit and loss Practice Question and Answer

Q: What should be % increased the Marked price so that even after allowing 10% discount one get the profit of 26%? 1894 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? 3700 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. 1653 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"

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. 4699 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 man spends his 2 months income in 3 months and saves Rs 1500 in a year then Find his monthly income? 

2456 0

  • 1
    450
    Correct
    Wrong
  • 2
    425
    Correct
    Wrong
  • 3
    400
    Correct
    Wrong
  • 4
    375
    Correct
    Wrong
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Answer : 4. "375"

Q:

An umbrella is marked for ₹150 and sold for ₹138. The rate of discount is:

419 0

  • 1
    5%
    Correct
    Wrong
  • 2
    8%
    Correct
    Wrong
  • 3
    6%
    Correct
    Wrong
  • 4
    9%
    Correct
    Wrong
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Answer : 2. "8%"

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