Profit and Loss Practice Question and Answer
8 Q:Direction: A shopkeeper has some kg. rice of same price. He sold 150 kg. rice at 25 Rs. per kg. and earned a profit of 25%, another 180 kg. rice is sold at a profit of 20% and rest are sold at a loss of 10%. If the shopkeeper earns Rs. 1230 profit on all the rice that he has sold then answers the following question:
Find the quantity of those rice that are sold at a loss of 10%.
892 05eb112b95e1730730e791d20
5eb112b95e1730730e791d20- 1110 kg.false
- 2125 kg.false
- 3150 kg.false
- 4120 kg.true
- 5115 kg.false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "120 kg."
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
- Show AnswerHide Answer
- Workspace
- SingleChoice
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
- Show AnswerHide Answer
- Workspace
- SingleChoice
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
- 2700false
- 3900false
- 4600true
- Show AnswerHide Answer
- Workspace
- SingleChoice
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
- 425false
- Show AnswerHide Answer
- Workspace
- SingleChoice
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
- Show AnswerHide Answer
- Workspace
- SingleChoice
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
- Show AnswerHide Answer
- Workspace
- SingleChoice
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
- Show AnswerHide Answer
- Workspace
- SingleChoice