Profit and Loss Practice Question and Answer
8 Q: Due to increase in the value of eggs by 20 percent, two eggs started getting less at Rs. 24. The current price per dozen of eggs.
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5f76cedcf66ef56de858d438- 1Rs.25false
- 2Rs.26.20false
- 3Rs.27.80false
- 4Rs.28.80true
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Answer : 4. "Rs.28.80"
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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5e6f7d2e3550c37dbe365029- 125%false
- 240%false
- 350%false
- 4125%true
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Answer : 4. "125% "
Q: A trader had 16 quintals of wheat. He sold a part of it at 17% profit and the rest at 27% profit, so that he made a total profit of 21%. How much wheat did he sell at 27 % profit?
1698 05f1a8687209bcc11a7898179
5f1a8687209bcc11a7898179- 1320 kgfalse
- 21280 kgfalse
- 3960 kgfalse
- 4640 kgtrue
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Answer : 4. "640 kg "
Q: An article is sold at a loss of 40%. The nominal amount of loss is approximately what percentage of the selling price of the article?
1685 0642253fd2b960e1a4180c9bb
642253fd2b960e1a4180c9bb- 166.67%true
- 238.33%false
- 341.33%false
- 451.33%false
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Answer : 1. "66.67%"
Q: If a man purchase 11 articles for Rs.10 and sold all the articles at the rate of 10 for Rs.11, the profit percentage will be.
1682 05ee21d122bf4c40446474582
5ee21d122bf4c40446474582- 110%false
- 211%false
- 321%true
- 4100%false
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Answer : 3. "21% "
Q: If a vendor sells apples at Rs 170 per kg he suffers 15 % loss. If he sells at Rs 230 per kg, then what is his profit percentage?
1674 05f328208a19eae5979ff56a3
5f328208a19eae5979ff56a3- 15false
- 220false
- 315true
- 410false
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Answer : 3. "15 "
Q: Krishna bought a camera and paid 20 % less than its original price. He sold it at 40 % profit on the price he had paid. The percentage of profit earned by Krishna on the original price was
1670 05efc71668e73c352771d9da8
5efc71668e73c352771d9da8- 112true
- 215false
- 322false
- 432false
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Answer : 1. "12"
Q: The cost price of an article is Rs. 480. If it is sold at a profit of 12.5 percent, what will be the selling price of the article?
1653 05f1aa68498004644da94fca3
5f1aa68498004644da94fca3- 1Rs. 500false
- 2Rs.560false
- 3Rs. 540true
- 4Rs.492.5false
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