Profit and Loss Practice Question and Answer
8 Q: Ramesh sold a phone at a loss of 5%. Had he sold it for Rs. 200 more, he would gave gained 15%. To gain 25%, he should sell it for :
1513 05ee0620f0cb2490dae750b3b
5ee0620f0cb2490dae750b3b- 1Rs. 1175false
- 2Rs. 1150false
- 3Rs. 1225false
- 4Rs. 1250true
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Answer : 4. "Rs. 1250"
Q: Oranges are bought at 7 for Rs. 3. At what rate per hundred must they be sold to gain 33 % ?
1513 05e16f7b1c4b67b290576ae6f
5e16f7b1c4b67b290576ae6f- 1Rs. 56false
- 2Rs. 60false
- 3Rs. 58false
- 4Rs. 57true
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Answer : 4. "Rs. 57"
Q: Purchased a table for 13500 and sold it 11000. What is his loss percentage?
1512 05e7c376f50339c736669288a
5e7c376f50339c736669288a- 119.81%false
- 220.62%false
- 321.78%false
- 418.52%true
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Answer : 4. "18.52%"
Q: A loss of 19% gets converted into a profit of 17% when the selling price is increased by Rs. 162. The cost price of the article is
1509 05de495ef6528fb7f3ab00d26
5de495ef6528fb7f3ab00d26- 1Rs. 450true
- 2Rs. 600false
- 3Rs. 360false
- 4Rs. 540false
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Answer : 1. "Rs. 450"
Q: A wholesaler sold a water purifier at a loss of 40%. If the selling price has been increased by Its. 125, then wholesaler will get the profit of 10%. What was the cost price of the purifier?
1497 05ee05cab3f1add232d832452
5ee05cab3f1add232d832452- 1Rs. 250true
- 2Rs. 225false
- 3Rs. 275false
- 4Rs. 300false
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Answer : 1. "Rs. 250 "
Q: If a man estimates his loss as 20% of the selling price, then his loss percent is:
1491 05dbfbbd8c559bc74bfc42b8c
5dbfbbd8c559bc74bfc42b8c- 120%false
- 225%false
- 340/3%false
- 450/3%true
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Answer : 4. "50/3%"
Q: A Microwave oven is sold in Hyderabad for Rs.M. A retailer, Elahi from Hyderabad went to Madras and bought it for 25% less (when compared to the price in Hyderabad). He spends Rs.1,000 on transport to bring it from Madras to Hyderabad. He sold it in Hyderabad for Rs.M making a profit of 10%. Find the value of M (in Rs.).
1479 0647f3858e72c4684a1e26e61
647f3858e72c4684a1e26e61- 16,285.7true
- 26,258.8false
- 36,305.8false
- 46,527.9false
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Answer : 1. "6,285.7 "
Q: Ranjan made a profit of 25% when selling a TV set at Rs. 3000. If he now has to pay Rs. 500 more for the set, what should be his new selling price in order to make the same percentage of profit?
1458 060c3443fb0fa62518b433b1e
60c3443fb0fa62518b433b1e- 1₹ 3650false
- 2₹ 4000false
- 3₹ 3600false
- 4₹ 3625true
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