Profit and Loss Practice Question and Answer

Q: The cost price of 27 articles is same as the selling price of 18 articles. What is the profit percent? 974 0

  • 1
    40%
    Correct
    Wrong
  • 2
    30%
    Correct
    Wrong
  • 3
    50%
    Correct
    Wrong
  • 4
    25%
    Correct
    Wrong
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Answer : 3. "50%"

Q:

A Shopkeeper marks his goods 20 % above its cost price and gives 15 % discount on the marked price. Find the gain?

708 0

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

Q:

By selling 66 metres cloth, a man loses S.P. of 11 metres. What is the loss percent?

1249 0

  • 1
    $$ {14{2\over 7}}{\%}$$
    Correct
    Wrong
  • 2
    $$ {28{2\over 7}}{\%}$$
    Correct
    Wrong
  • 3
    $$ {19{2\over 7}}{\%}$$
    Correct
    Wrong
  • 4
    $$ {17{2\over 7}}{\%}$$
    Correct
    Wrong
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Answer : 1. "$$ {14{2\over 7}}{\%}$$"

Q:

If apples are bought at the rate of 30 for a rupee. How many apples must be sold for a rupee to gain 20%?   

903 0

  • 1
    20
    Correct
    Wrong
  • 2
    22
    Correct
    Wrong
  • 3
    28
    Correct
    Wrong
  • 4
    25
    Correct
    Wrong
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Answer : 4. "25 "

Q:

A shopkeeper bought 25 kg. of pulses at the rate of Rs. 54 kg. He sold forty percent of the total quantity at the rate of Rs. 50 per kg. at what price per kg should he sell the approximately quantity to make 25% overall profit ?

688 0

  • 1
    79
    Correct
    Wrong
  • 2
    81
    Correct
    Wrong
  • 3
    98
    Correct
    Wrong
  • 4
    67
    Correct
    Wrong
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Answer : 1. "79"

Q:

The cost price of 12 pens is equal to the selling price of 8 pens. The profit percentage is:

1118 0

  • 1
    50 %
    Correct
    Wrong
  • 2
    40 %
    Correct
    Wrong
  • 3
    55 %
    Correct
    Wrong
  • 4
    45 %
    Correct
    Wrong
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Answer : 1. "50 %"

Q:

A man sold a watch at a loss of 5%. If he would have sold it for Rs. 27 more, he would have gained 7%. The cost price of the watch is -

708 0

  • 1
    Rs. 325
    Correct
    Wrong
  • 2
    Rs. 225
    Correct
    Wrong
  • 3
    Rs. 500
    Correct
    Wrong
  • 4
    Rs. 375
    Correct
    Wrong
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Answer : 2. "Rs. 225"

Q:

A trader sold two items at the same price. One at 20% profit and another at 10% loss. The overall profit / loss percentage of the trader is ________

691 0

  • 1
    4% loss
    Correct
    Wrong
  • 2
    4% profit
    Correct
    Wrong
  • 3
    8% loss
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 4. "None of these"

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