Profit and Loss Practice Question and Answer
8 Q: What is the discount rate of a gift whose selling price is Rs. 420 after a reduction of Rs. 60 on its marked price ?
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5e3252331f73627362281714- 110.5false
- 212.5true
- 314.5false
- 413.5false
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Answer : 2. "12.5"
Q: An article was sold for Rs.4000. Had a discount of 10% was being offered, the profit would have been 20%. The cost price of the article was:
1123 060c09b39c197293a48275231
60c09b39c197293a48275231- 1Rs.3000true
- 2Rs.3600false
- 3Rs. 3200false
- 4Rs. 3310false
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Answer : 1. "Rs.3000"
Q: The cost price of 12 pens is equal to the selling price of 8 pens. The profit percentage is:
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609f9ba56397877f3199dea2- 150 %true
- 240 %false
- 355 %false
- 445 %false
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Answer : 1. "50 %"
Q: From 2008 to 2009, the sales of a book decreased by 80%. If the sales in 2010 were the same as in 2008, by what percent did it increase from 2009 to 2010?
1117 05ff4106fd4181b48e8fa7240
5ff4106fd4181b48e8fa7240- 1120%false
- 2400%true
- 380%false
- 4100%false
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Answer : 2. "400%"
Q: A car worth Rs 30,000 was sold by A to B at 10 % profit. B sold the car back to A at 5 % loss. In the entire transaction.
1115 05f2cfe55be9f31290fb86bc9
5f2cfe55be9f31290fb86bc9- 1A gain Rs 1500false
- 2A loss Rs 1500false
- 3A gain Rs. 1650true
- 4A gain Rs. 1850false
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Answer : 3. "A gain Rs. 1650"
Q: A merchant has 1000 kg sugar, some part of which he sells at 8 % profit and the rest at 18 % profit. He gains 14 % on the whole. The quantity sold at 8 % profit is:
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5efd3fae7228dd6b06e29173- 1400 kgtrue
- 2560 kgfalse
- 3600 kgfalse
- 4640 kgfalse
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Answer : 1. "400 kg"
Q: A man sells two chairs at Rs. 120 each and by doing so he gains 25% on one chair and loses 25% on the other. His loss on the whole in Rs.is
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5f6d8bdfff25c92a085a9596- 120false
- 216true
- 325false
- 430false
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Answer : 2. "16"
Q: A vendor buys bananas at 12 for 45 and sells at 5 for 35. What will be the gain ?
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5ed9d0b4f528050f914ffb64- 187 %true
- 282 %false
- 392 %false
- 489 %false
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