Profit and Loss Practice Question and Answer
8 Q: If a trader finds out that his profit is equal to 20 percent of the selling price, then his actual profit is.
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60373ef89d90e74af72ad62e- 120 %false
- 222 %false
- 325 %true
- 430 %false
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Answer : 3. "25 %"
Q: An article is sold at a gain of 16%. If it had been sold for Rs.400 more, 20% would have been gained. The cost price of the article is
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60892370fd171c780883aa5e- 1Rs.8000false
- 2Rs.9000false
- 3Rs.10000true
- 4Rs.12000false
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Answer : 3. "Rs.10000"
Q: The difference between the selling prices of some articles if sold for Rs.12 per article instead of Rs.9 per article is Rs.150. If the sold price of these articles is Rs.250 then find the selling price of 21 articles if profit earned is 20%.
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5ffc2ce71299b845c330a882- 1Rs.130false
- 2Rs. 126true
- 3Rs. 136false
- 4Rs. 125false
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Answer : 2. "Rs. 126"
Q: While selling an article, a shopkeeper gives a discount of 5%. If he gives a discount of 7%, he earns Rs.15 less as profit. The marked price of the article is -
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6024ebb0cce66f776c86b170- 1Rs.1250false
- 2Rs.840false
- 3Rs.750true
- 4Rs.850false
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Answer : 3. "Rs.750"
Q: If a discount of 10% is allowed on the marked price of an article, a shopkeeper gets a profit of 25 %. If he offers a discount of 25% on the marked price of the same article, then his percentage profit/loss will be:
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60531866528a962d2e429ae1- 14 % profitfalse
- 2$$ {4 {1\over 6}}{ \%}$$ lossfalse
- 3$$ {4 {1\over 6}}{ \%}$$ profittrue
- 44 % lossfalse
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Answer : 3. "$$ {4 {1\over 6}}{ \%}$$ profit"
Q: There would be a 10 % loss. if rice is sold at ₹ 54 per kg. To earn a profit of 20 %, the price of rice per kg will be
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5efd3a49196e681f76ec5b83- 1₹ 63false
- 2₹ 65false
- 3₹ 72true
- 4₹ 70false
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Answer : 3. "₹ 72 "
Q: Radhe buys two TVs at the same cost price, one of them is sold at $$11 {1\over 9}\% $$ profit and the other at $$14{2\over 7}\% $$ profit, then the difference between their selling price is Rs $${200\over 7}$$. Find the cost price of the TV.
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607ec77ffe4134683660af29- 1रु 900false
- 2रु 650false
- 3रु 700true
- 4रु 800false
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Answer : 3. "रु 700 "
Q: Medha sells her bag for ₹ 300 and loses ₹ 60. At what price must she sell the article to gain 15%?
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608666a29229540f6fa156fc- 1146false
- 2172false
- 3414true
- 4516false
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