Profit and Loss Practice Question and Answer
8 Q: If Manoj buys 324 toffees for Rs 486, then how many toffees should he sell for Rs 90 to make 50% profit?
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Answer : 1. "40"
Q: A radio is sold for Rs.900 at 10% profit. If it had been sold for Rs 890, what would have been the actual profit or loss?
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63285bcca323937dac07886c- 1profit of Rs.10false
- 2profit of Rs.90false
- 3profit of Rs.90false
- 4a loss of Rs 10true
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Answer : 4. "a loss of Rs 10"
Q: By selling an article for Rs. 600 there is a profit of 20%. What is the cost price of the article?
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632284373f5a4d2dcff467c8- 1600false
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Answer : 4. "500"
Q: If the loss is 20%, by what fraction should the selling price be multiplied to get the cost price?
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6321bb433169cb1b15680415- 14/5false
- 28/5false
- 35/4true
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Answer : 3. "5/4"
Q: There is a loss of 5% by selling an article for Rs.665. In order to get 12% profit on that article, its selling price has to be kept?
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6321b37a69fe1d77bc026341- 1Rs 800false
- 2Rs 812false
- 3Rs 784true
- 4Rs 790false
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Answer : 3. "Rs 784"
Q: The cost of a new scooter is Rs 25000, at the end of each year its value becomes 80% of the starting price of that year, what will be the cost of the scooter after 3 years?
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6319af742d4ba278b66e2a82- 112000false
- 212800true
- 310000false
- 412500false
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Answer : 2. "12800"
Q: A shopkeeper charges his customers 15% above the cost price, if a customer has bought a sofa-set for 9039, then for how much did the shopkeeper buy it?
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63108f5e7c72c07784687b91- 1Rs. 7880false
- 27660false
- 37860true
- 47680false
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Answer : 3. "7860 "
Q: Total cost of A pens and (A-2) pencils is Rs 424. If one pencil and one pen costs Rs 4 and Rs 20 respectively then find A?
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- 218true
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