Profit and Loss Practice Question and Answer
8 Q: A man sold 18 cots for Rs.16800, gaining there by the cost price of 3 cots. The cost price of a cot is
1219 05ec5f4ea977d8b0224abe838
5ec5f4ea977d8b0224abe838- 1Rs.600false
- 2Rs.800true
- 3Rs.900false
- 4Rs.1000false
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Answer : 2. "Rs.800 "
Q: On selling an article for Rs 162 there is a loss of 10%.At what price it should be sell in order to gain a profit of 10%?
2251 05ebeb7f2f51fcb2168f8cfe1
5ebeb7f2f51fcb2168f8cfe1- 1200false
- 2198false
- 3196true
- 4194false
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Answer : 3. "196"
Q: If A purchased 109 cars for Rs.2,64,89,071. How much does 1 car cost?
1682 05ebe2314106f3017d5020974
5ebe2314106f3017d5020974- 1Rs.2,43,109false
- 2Rs.2,39,140false
- 3Rs.2,43,019true
- 4Rs.2,43,190false
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Answer : 3. "Rs.2,43,019 "
Q: If Jhanavi borrowed Rs.1,25,000 at 8% compounded, what will be the amount to be paid back at the end of 2 years?
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5ebcd3e7106f3017d5fee94b- 11,43,800true
- 22,00,000false
- 31,43,000false
- 41,35,800false
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Answer : 1. "1,43,800 "
Q: Selling price of an article is $${7\over6}$$ of cost price. What is the profit percentage?
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5eb94f8064cb07648b62f9f5- 1$$14{7\over6}\% $$false
- 2$$12{1\over2}\% $$false
- 320%false
- 4$$16{2\over3}\% $$true
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Answer : 4. "$$16{2\over3}\% $$"
Q: By selling an article for Rs. 320, a man incurs a loss of 20%, what should be the selling price of an article to gain 30%?
2505 05eb94b27a445f56aef0937ca
5eb94b27a445f56aef0937ca- 1Rs. 520true
- 2Rs. 690false
- 3Rs. 550false
- 4Rs. 440false
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Answer : 1. "Rs. 520"
Q: Jack sold a dress for Rs.1440 and made a profit of 20%. What was its cost?
1871 05eb50b18a201e2350c47eea3
5eb50b18a201e2350c47eea3- 11152false
- 21240false
- 31200true
- 41180false
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Answer : 3. "1200 "
Q: A trader bought 120 kg of potato at 24/kg. He sold 80 kg of it at 50% profit and the balance at 25% low. Find the total profit or loss?
1451 05eb507e64080050ac2650bc0
5eb507e64080050ac2650bc0- 150% Profitfalse
- 225% Profittrue
- 350% Lossfalse
- 425% Lossfalse
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