Profit and Loss Practice Question and Answer

Q:

By selling 100 pencils, a shopkeeper gains the selling price of 20 pencils, His gain percent is:

906 0

  • 1
    20%
    Correct
    Wrong
  • 2
    25%
    Correct
    Wrong
  • 3
    15%
    Correct
    Wrong
  • 4
    12%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "25%"

Q:

A buys a water cooler at some price and sells it to B at 20% profit. B sells it to C at 10% profit. If C bought it for Rs 6666, then B's cost price is

903 0

  • 1
    5400
    Correct
    Wrong
  • 2
    6060
    Correct
    Wrong
  • 3
    5600
    Correct
    Wrong
  • 4
    6400
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "6060"

Q:

If apples are bought at the rate of 30 for a rupee. How many apples must be sold for a rupee to gain 20%?   

903 0

  • 1
    20
    Correct
    Wrong
  • 2
    22
    Correct
    Wrong
  • 3
    28
    Correct
    Wrong
  • 4
    25
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "25 "

Q:

By selling an article for Rs. 450, I lose 20%. For what price should I sell it to gain 20% ? 

902 0

  • 1
    Rs. 470
    Correct
    Wrong
  • 2
    Rs. 562.50
    Correct
    Wrong
  • 3
    Rs. 490
    Correct
    Wrong
  • 4
    Rs. 675
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "Rs. 675 "
Explanation :

Q:

A shopkeeper buys three products a, b, c and sells them at 20%, 30%, 40% profit, respectively. What is ratio of the selling price of these products, if the ratio of their cost prices is 4:3 :2?

900 0

  • 1
    48 : 39 : 28
    Correct
    Wrong
  • 2
    34 : 54 : 12
    Correct
    Wrong
  • 3
    24 : 39 : 14
    Correct
    Wrong
  • 4
    56 : 26 : 21
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "48 : 39 : 28"

  • Show AnswerHide Answer
  • Workspace

Answer : 4. "120 kg."

Q:

By selling a bicycle for Rs. 2,850 a shopkeeper gain 14%. If the profit is reduced to 8 %, then the selling price will be 

892 0

  • 1
    Rs. 2,800
    Correct
    Wrong
  • 2
    Rs. 3,000
    Correct
    Wrong
  • 3
    Rs. 2,600
    Correct
    Wrong
  • 4
    Rs. 2,700
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "Rs. 2,700 "

Q:

A shopkeeper gains 20 percent by giving a discount of 10 percent of the marked price of a toy. If he had given a discount of 20 percent, then what would be his profit percentage?

891 0

  • 1
    $$ {6\ {2\over 3}}$$
    Correct
    Wrong
  • 2
    $$ {8\ {1\over 3}}$$
    Correct
    Wrong
  • 3
    10
    Correct
    Wrong
  • 4
    15
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "$$ {6\ {2\over 3}}$$"

      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