Profit and Loss Practice Question and Answer
8 Q: The profit percentage of P and Q is same on selling the articles at Rs. 1800 each but A calculates his profit on the selling price while Q calculates it correctly on the cost price which is equal to 20%. What is the difference in their profits?
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5e84392241a4013349c16e43- 140false
- 250false
- 360true
- 470false
- 5None of thesefalse
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Answer : 3. "60"
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
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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? 3455 05d132bb809a40f38019e53b0
5d132bb809a40f38019e53b0- 1800false
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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. 1362 05d133acf40daee3c552fcb1a
5d133acf40daee3c552fcb1a- 110false
- 215false
- 320true
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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:
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5dbab0d733aa9436e0e60d77- 120false
- 225true
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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.
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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
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5efd3b3b7228dd6b06e28a5b- 1Rs. 400true
- 2Rs. 100false
- 3Rs. 200false
- 4Rs. 300false
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