Profit and Loss Practice Question and Answer
8 Q: By selling an article for ₹72, there is a loss of 10%. At what price it should be sell to gain 10% profit?
630 0639c9287c7eb1b240b5fcd1e
639c9287c7eb1b240b5fcd1e- 1₹85false
- 2₹88true
- 3₹80false
- 4₹90false
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Answer : 2. "₹88"
Q: If the cost of 1 dozen apples is Rs. 18, then the cost of 25 apples will be -
522 0638f395334f83f1472982f32
638f395334f83f1472982f32- 1Rs. 35.00false
- 2Rs. 25.00false
- 3Rs. 36.50false
- 4Rs. 37.50true
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Answer : 4. "Rs. 37.50 "
Q: A house and a shop were sold for Rs. 1 lakh each, In this transaction, the house sale resulted into 20 % loss whereas the shop sale into 20 % profit. The entire transaction resulted in:
5721 05d7f1e5f7f06bc6981e04955
5d7f1e5f7f06bc6981e04955- 1no loss no gainfalse
- 2gain of Rs. $$ {1\over24}$$false
- 3loss of Rs.$$ {1\over12}$$ lakhtrue
- 4loss of$$ {1\over18}$$ lakhfalse
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Answer : 3. "loss of Rs.$$ {1\over12}$$ lakh "
Q: If 3 toys are sold at the cost price of 4 toys of the same kind, the profit will be:
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5d7f1dba50132761b5ef7bb9- 125%false
- 2$$ 33{1\over3}\%$$true
- 3$$ 66{1\over3}\%$$false
- 450%false
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Answer : 2. "$$ 33{1\over3}\%$$ "
Q: A man bought three articles, each of which cost Rs 3000. He sold those articles at 10% profit, 5% profit and 15% loss respectively. What is the total profit/loss percentage earned by him?
586 06321bb9964c0411bf18aa7a4
6321bb9964c0411bf18aa7a4- 110% lossfalse
- 25% lossfalse
- 35% profitfalse
- 4no profit no losstrue
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Answer : 4. "no profit no loss"
Q: Two things were sold at same sale-price. One thing got 10% profit and another suffered 10% loss. The difference of their purchase price will be in multiple of which number.Tell_____.
767 06337237393021d4ee41cc654
6337237393021d4ee41cc654- 110false
- 220true
- 315false
- 425false
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Answer : 2. "20"
Q: A cycle seller gives 10% discount on marked retail price and still earns 26% profit. If marked retail price of the cycle is Rs. 840/- Then how much money was paid by the seller for that cycle?
668 06337231a5c208a6bf71d20a4
6337231a5c208a6bf71d20a4- 1₹ 600/-true
- 2₹ 650/-false
- 3₹ 700/-false
- 4₹ 750/-false
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Answer : 1. "₹ 600/-"
Q: If the cost of production of an article is 2/5 of its marked retail price, If it is sold at 10% discount then what will be profit?
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6337205e2ff7535af68887dc- 125%false
- 240%false
- 350%false
- 4125%true
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