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:
What is the total quantity of rice that the shopkeeper has?
941 05eb1145b8870e50a27e0ebd0
5eb1145b8870e50a27e0ebd0- 1400 kg.false
- 2450 kg.true
- 3500 kg.false
- 4480 kg.false
- 5None of thesefalse
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Answer : 2. "450 kg."
Q: Chandu bought a watch at 20 percent discount on mark price but sold it at mark price. Find the percentage of profit.
937 05fa695fd4e71ba46b01f13c6
5fa695fd4e71ba46b01f13c6- 125 %true
- 220 %false
- 318 %false
- 430 %false
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Answer : 1. "25 % "
Q: A shopkeeper by selling 13 Titan watches, earns a profit equal to the selling price of 3 Titan watches. His profit percentage is
926 05f0e77d5f4c8bf4bad00388d
5f0e77d5f4c8bf4bad00388d- 116 %false
- 223.0 %false
- 346 %false
- 430 %true
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Answer : 4. "30 % "
Q: If shopkeeper sold the mobile for Rs.15000 and then he gets some loss. If he sold the same mobile at Rs.19200 and then he gets profit is double of loss. Find the cost price of the mobile?
924 063d0c7b35392140e28eeca40
63d0c7b35392140e28eeca40- 1Rs.16000false
- 2Rs.18000false
- 3Rs.17500false
- 4None of thesetrue
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Answer : 4. "None of these "
Q: A merchant fixes the sale price of his goods at 15 % above the cost price. He sells his goods at 12 % less than the fixed price. His percentage of profit is:
923 05efc6ebeeb90be58c5901730
5efc6ebeeb90be58c5901730- 1$$1{1\over5}$$true
- 2$$2{1\over5}$$false
- 3$$2{1\over2}$$false
- 42false
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Answer : 1. " $$1{1\over5}$$"
Q: A phone is sold for Rs. 860 at a loss of 20% for how much should it be sold gain 10%?
919 0608fbda10ce9ec791f085873
608fbda10ce9ec791f085873- 1Rs.1182.5true
- 2Rs.1168.5false
- 3Rs.1092.5false
- 4Rs.1220.5false
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Answer : 1. "Rs.1182.5"
Q: A person has 12 bananas for Rs 24. Sell in So he got the benefit of 25 percent. How many bananas he buy in Rs. 40?
917 060373d3ccd43d04a8f4a7767
60373d3ccd43d04a8f4a7767- 130false
- 225true
- 340false
- 445false
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Answer : 2. "25"
Q: By what fraction selling price ( S.P. ) must be multiplied to get the cost price ( C.P. ) if the loss is 20%?
910 05efd51677228dd6b06e2c96e
5efd51677228dd6b06e2c96e- 1$${5\over4}$$true
- 2$${6\over5}$$false
- 3$${4\over5}$$false
- 4$${8\over5}$$false
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