Profit and Loss Practice Question and Answer
8 Q:Direction: A shopkeeper has some kg. rice of same price. He sold 150 kg. rice at 25 Rs. per kg. and earned a profit of 25%, another 180 kg. rice is sold at a profit of 20% and rest are sold at a loss of 10%. If the shopkeeper earns Rs. 1230 profit on all the rice that he has sold then answers the following question:
If the shopkeeper sells his all rice at a profit of 20%, find the new profit.
882 05eb115a15a48d373519b9580
5eb115a15a48d373519b9580- 1Rs. 1800true
- 2Rs. 2000false
- 3Rs. 1500false
- 4Rs. 1900false
- 5Rs. 2100false
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Answer : 1. "Rs. 1800 "
Q:Direction: A shopkeeper has some kg. rice of same price. He sold 150 kg. rice at 25 Rs. per kg. and earned a profit of 25%, another 180 kg. rice is sold at a profit of 20% and rest are sold at a loss of 10%. If the shopkeeper earns Rs. 1230 profit on all the rice that he has sold then answers the following question:
If the shopkeeper earns 10% profit instead of 10% loss on the rest rice then find the difference between the old and new profit.
820 05eb11506566500732ed068ed
5eb11506566500732ed068ed- 1Rs.450false
- 2Rs.400false
- 3Rs.480true
- 4Rs. 420false
- 5None of thesefalse
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Answer : 3. "Rs.480 "
Q:Direction: A shopkeeper has some kg. rice of same price. He sold 150 kg. rice at 25 Rs. per kg. and earned a profit of 25%, another 180 kg. rice is sold at a profit of 20% and rest are sold at a loss of 10%. If the shopkeeper earns Rs. 1230 profit on all the rice that he has sold then answers the following question:
What is the total quantity of rice that the shopkeeper has?
941 05eb1145b8870e50a27e0ebd0
5eb1145b8870e50a27e0ebd0- 1400 kg.false
- 2450 kg.true
- 3500 kg.false
- 4480 kg.false
- 5None of thesefalse
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Answer : 2. "450 kg."
Q:Direction: A shopkeeper has some kg. rice of same price. He sold 150 kg. rice at 25 Rs. per kg. and earned a profit of 25%, another 180 kg. rice is sold at a profit of 20% and rest are sold at a loss of 10%. If the shopkeeper earns Rs. 1230 profit on all the rice that he has sold then answers the following question:
Find the quantity of those rice that are sold at a loss of 10%.
896 05eb112b95e1730730e791d20
5eb112b95e1730730e791d20- 1110 kg.false
- 2125 kg.false
- 3150 kg.false
- 4120 kg.true
- 5115 kg.false
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Answer : 4. "120 kg."
Q: Two mobile phones were purchased at the same price. One was sold at a profit of 30 % and the second was sold at a price which was Rs 2500 less than the price at which the first was sold. If the overall profit earned by selling both the mobile phones was 5 %, what was the cost price of one mobile phone?
1980 05ea6d04ffb6adc33ce5c9c23
5ea6d04ffb6adc33ce5c9c23- 1Rs. 8000false
- 2Rs. 5000true
- 3Rs. 6000false
- 4Rs. 4500false
- 5Rs. 5500false
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Answer : 2. "Rs. 5000 "
Q: The cost price of two items P and Q are equal. If item P sold at 40% profit and item Q sold at 20% less than the selling price of item P, then the total profit is ?
1148 05e9d3fe8bf0a265d837bfcbd
5e9d3fe8bf0a265d837bfcbd- 1₹ 600false
- 2₹ 500true
- 3₹ 660false
- 4₹ 550false
- 5None of thesefalse
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Answer : 2. "₹ 500"
Q: The profit percentage of P and Q is same on selling the articles at Rs. 1800 each but A calculates his profit on the selling price while Q calculates it correctly on the cost price which is equal to 20%. What is the difference in their profits?
1311 05e84392241a4013349c16e43
5e84392241a4013349c16e43- 140false
- 250false
- 360true
- 470false
- 5None of thesefalse
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Answer : 3. "60"
Q: A scientist mixes 10% water in his solution but he is not content with it so he again mixes 10% more water in the previous mixture. What is the profit percentage of the scientist if he sells it at cost price:
1378 05e843a4b41a4013349c17328
5e843a4b41a4013349c17328- 115%false
- 221%false
- 318%true
- 416%false
- 5None of thesefalse
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