Profit and Loss Practice Question and Answer
8 Q: Vivek buys 3 shirts at an average price of Rs. 1250. If he buys 2 more shirts at an average price of Rs. 1450. What will be the average price (in Rs.) of all the 5 shirts he buys?
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5f2a7212cef453383f1e6111- 11350false
- 21390false
- 31330true
- 41310false
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Answer : 3. "1330"
Q: An item costing Rs. 840 was sold by a shopkeeper at a gain of 10 % and it was again sold by the new buyer at a loss of 5 %. Find selling price of the item is:
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5f294337921df80828929510- 1Rs. 924false
- 2Rs. 37.80false
- 3Rs. 877.80true
- 4Rs.798false
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Answer : 3. "Rs. 877.80 "
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
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5f1e630e3b87486bfc534450- 15400false
- 26060true
- 35600false
- 46400false
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Answer : 2. "6060"
Q: The cost price of an article is Rs. 480. If it is sold at a profit of 12.5 percent, what will be the selling price of the article?
1336 05f1aa68498004644da94fca3
5f1aa68498004644da94fca3- 1Rs. 500false
- 2Rs.560false
- 3Rs. 540true
- 4Rs.492.5false
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Answer : 3. "Rs. 540"
Q: A trader had 16 quintals of wheat. He sold a part of it at 17% profit and the rest at 27% profit, so that he made a total profit of 21%. How much wheat did he sell at 27 % profit?
1374 05f1a8687209bcc11a7898179
5f1a8687209bcc11a7898179- 1320 kgfalse
- 21280 kgfalse
- 3960 kgfalse
- 4640 kgtrue
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Answer : 4. "640 kg "
Q: If a man were to sell his chair for Rs. 720, he would loss 25 %. To gain 25% he should sell it for__
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5f1544c99a713b0717c7974f- 1Rs. 1,200true
- 2Rs. 1,000false
- 3Rs. 960false
- 4Rs. 900false
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Answer : 1. "Rs. 1,200"
Q: A trade buys 800 kgs of tomatoes for Rs 7200. 10% tomatoes are damaged in transportation. At what rate (Rs / kg) should he sell the rest earn 30 % profit?
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5f0ecea3f4c8bf4bad02134a- 110false
- 212false
- 39false
- 413true
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Answer : 4. "13 "
Q: A shopkeeper by selling 13 Titan watches, earns a profit equal to the selling price of 3 Titan watches. His profit percentage is
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5f0e77d5f4c8bf4bad00388d- 116 %false
- 223.0 %false
- 346 %false
- 430 %true
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