Profit and Loss Practice Question and Answer

Q:

A & B jointly made a profit of Rs. 1650 and they decided to share it such that 1/3 of A's profit is equal to 2/5 of B's profit. Then profit of B is 

1112 0

  • 1
    Rs. 850
    Correct
    Wrong
  • 2
    Rs. 800
    Correct
    Wrong
  • 3
    Rs. 700
    Correct
    Wrong
  • 4
    Rs. 750
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 4. "Rs. 750"

Q:

The price of 6 pencils is Rs. 30 and that of 12 pens is Rs. 120. What is the average price of 50 pencils and 50 pens?

1108 0

  • 1
    Rs. 6.75
    Correct
    Wrong
  • 2
    Rs. 7.5
    Correct
    Wrong
  • 3
    Rs. 5
    Correct
    Wrong
  • 4
    Rs. 5.75
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 2. "Rs. 7.5 "

Q:

A man gain 15% by selling a calculator for a certain price. If he sells it at the triple price, then what will be the profit percentage?

1107 0

  • 1
    125
    Correct
    Wrong
  • 2
    175
    Correct
    Wrong
  • 3
    225
    Correct
    Wrong
  • 4
    245
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 4. "245"

Q:

The difference between the selling prices of a keyboard at losses 15% and 25% is Rs. 50. Then the cost price of a keyboard is :

1101 0

  • 1
    Rs. 240
    Correct
    Wrong
  • 2
    Rs. 330
    Correct
    Wrong
  • 3
    Rs. 300
    Correct
    Wrong
  • 4
    Rs. 500
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 4. "Rs. 500"

Q:

Chandu bought a watch at 20 percent discount on mark price but sold it at mark price. Find the percentage of profit.

1098 0

  • 1
    25 %
    Correct
    Wrong
  • 2
    20 %
    Correct
    Wrong
  • 3
    18 %
    Correct
    Wrong
  • 4
    30 %
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 1. "25 % "

Q:

The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent.

1093 0

  • 1
    Correct
    Wrong
  • 2
    Correct
    Wrong
  • 3
    Correct
    Wrong
  • 4
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 3. ""

Q:

Mohan bought 25 books for Rs. 2,000 and sold them at a profit equal to the selling price of 5 books. The selling price of 1 book is: 

1092 0

  • 1
    Rs . 120
    Correct
    Wrong
  • 2
    Rs . 150
    Correct
    Wrong
  • 3
    Rs . 100
    Correct
    Wrong
  • 4
    Rs . 200
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 3. "Rs . 100 "

Q: The cost price of 27 articles is same as the selling price of 18 articles. What is the profit percent? 1088 0

  • 1
    40%
    Correct
    Wrong
  • 2
    30%
    Correct
    Wrong
  • 3
    50%
    Correct
    Wrong
  • 4
    25%
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 3. "50%"

  Report Error

Please Enter Message
Error Reported Successfully

  Report Error

Please Enter Message
Error Reported Successfully

  Report Error

Please Enter Message
Error Reported Successfully

  Report Error

Please Enter Message
Error Reported Successfully

  Report Error

Please Enter Message
Error Reported Successfully

  Report Error

Please Enter Message
Error Reported Successfully

  Report Error

Please Enter Message
Error Reported Successfully

  Report Error

Please Enter Message
Error Reported Successfully