Profit and Loss Practice Question and Answer
8 Q: Two - third of a consignment was sold at a profit of 5% and the remaining at a loss of 2 %. If the total profit was Rs. 400. then the value of the consignment was
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5efc7750eb90be58c5903259- 1Rs . 16,000false
- 2Rs . 16,500false
- 3Rs . 15,000true
- 4Rs . 15,500false
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Answer : 3. "Rs . 15,000 "
Q: The difference between the selling prices of an article at a profit of 15% and at a profit of 10% is Rs.10. The cost price of the article is -
918 060361d00a0666c3c85056f10
60361d00a0666c3c85056f10- 1Rs.150false
- 2Rs.200true
- 3Rs.100false
- 4Rs.120false
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Answer : 2. "Rs.200"
Q: A cloth merchant on selling 33 metres of cloth obtains a profit equal to the selling price of 11 metres of cloth , the profit is
913 05ef40c82d40ebf3f783309f0
5ef40c82d40ebf3f783309f0- 150%true
- 211%false
- 340%false
- 422%false
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Answer : 1. "50% "
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:
905 05f294337921df80828929510
5f294337921df80828929510- 1Rs. 924false
- 2Rs. 37.80false
- 3Rs. 877.80true
- 4Rs.798false
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Answer : 3. "Rs. 877.80 "
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?
902 05f2a7212cef453383f1e6111
5f2a7212cef453383f1e6111- 11350false
- 21390false
- 31330true
- 41310false
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Answer : 3. "1330"
Q: If a trader finds out that his profit is equal to 20 percent of the selling price, then his actual profit is.
898 060373ef89d90e74af72ad62e
60373ef89d90e74af72ad62e- 120 %false
- 222 %false
- 325 %true
- 430 %false
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Answer : 3. "25 %"
Q: Ram sold an article for Rs 380 at some profit. Had he sold it for Rs 300, then there would have been a loss equal to one-third at the initial point. What was the cost price of the article?
897 0602e419d6d461f6639881a26
602e419d6d461f6639881a26- 1320true
- 2350false
- 3420false
- 4450false
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Answer : 1. "320 "
Q: Cost price of 25 chairs equals the selling price of 20 chairs. Find the profit %.
893 06078143263b9781494e3faaa
6078143263b9781494e3faaa- 120%false
- 233%false
- 325%true
- 412.5%false
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