Profit and Loss Practice Question and Answer
8 Q: There would be a 10 % loss. if rice is sold at ₹ 54 per kg. To earn a profit of 20 %, the price of rice per kg will be
753 05efd3a49196e681f76ec5b83
5efd3a49196e681f76ec5b83- 1₹ 63false
- 2₹ 65false
- 3₹ 72true
- 4₹ 70false
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Answer : 3. "₹ 72 "
Q: On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is ? 1611 05b5cc74fe4d2b4197774fb3a
5b5cc74fe4d2b4197774fb3a- 1Rs. 55false
- 2Rs. 60true
- 3Rs. 65false
- 4Rs. 70false
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Answer : 2. "Rs. 60"
Explanation :
Answer: B) Rs. 60 Explanation: Let the cost price of a ball is Rs.xGiven, on selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 ballsThe equation is :17x - 720 = 5xSolving the equation we get x = 60Therefore, cost price of a ball is Rs. 60.
Q: A watch sold for Rs.1440 at 10 % loss, at what price it should be sold so as to earn 15% profit. 3696 05d131eee925caa2d5bbbff39
5d131eee925caa2d5bbbff39- 11820false
- 21830false
- 31840true
- 41850false
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Answer : 3. "1840"
Q: Pratap bought a radio at a discount of 25% on the real price. He got 40 Rs more, when he sold it at 140 percent of the cost price. Find the the price at which Pratap bought the radio? 3454 05d132bb809a40f38019e53b0
5d132bb809a40f38019e53b0- 1800false
- 2700false
- 3900false
- 4600true
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Answer : 4. "600"
Q: A fruit seller buys lemons two for Rs 1 and sells at 5 for Rs 3 rate. Find his profit percent. 1361 05d133acf40daee3c552fcb1a
5d133acf40daee3c552fcb1a- 110false
- 215false
- 320true
- 425false
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Answer : 3. "20 "
Q: A man buys 12 articles for Rs. 12 /- and sells them at the rate of Rs.1.25 per article. His gain percentage is:
1162 05dbab0d733aa9436e0e60d77
5dbab0d733aa9436e0e60d77- 120false
- 225true
- 315false
- 418false
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Answer : 2. "25 "
Q: A tradesman marks his goods at 20 % above the cost price. He allows his customers a discount of 8% on marked price. Find out his profit percent.
1298 05e268e054064eb35eef6433a
5e268e054064eb35eef6433a- 112 %false
- 210.4 %true
- 316 %false
- 420 %false
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Answer : 2. "10.4 %"
Q: A man sells an article at 5 % above its cost price. If he had bought it at 5 % less than what he had paid for it and sold it at Rs. 2 less, he would have gained 10 %. The cost price of the article is
773 05efd3b3b7228dd6b06e28a5b
5efd3b3b7228dd6b06e28a5b- 1Rs. 400true
- 2Rs. 100false
- 3Rs. 200false
- 4Rs. 300false
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