Profit and Loss Practice Question and Answer
8 Q: A tradesman marks his goods at 20 % above the cost price. He allows his customers a discount of 8% on marked price. Find out his profit percent.
1299 05e268e054064eb35eef6433a
5e268e054064eb35eef6433a- 112 %false
- 210.4 %true
- 316 %false
- 420 %false
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Answer : 2. "10.4 %"
Q: A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225/- for it, the cost price of the bicycle for A is:
1143 05e205e5c5f8f8e395f8f1439
5e205e5c5f8f8e395f8f1439- 1Rs. 110 / -false
- 2Rs. 125 /-false
- 3Rs. 120 / -false
- 4Rs. 150 /-true
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Answer : 4. "Rs. 150 /-"
Q: Oranges are bought at 7 for Rs. 3. At what rate per hundred must they be sold to gain 33 % ?
1515 05e16f7b1c4b67b290576ae6f
5e16f7b1c4b67b290576ae6f- 1Rs. 56false
- 2Rs. 60false
- 3Rs. 58false
- 4Rs. 57true
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Answer : 4. "Rs. 57"
Q: A dishonest dealer marks up the price of an article by 15% and gave a discount of 20%. He also uses 900gm instead of 1000gm. Find his profit percent.
1713 05df9b9517c41ef1d193379e4
5df9b9517c41ef1d193379e4- 1$$ { 23\over8}$$false
- 2$$ { 20\over9}$$true
- 310false
- 4$$ { 15\over7}$$false
- 520false
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Answer : 2. "$$ { 20\over9}$$"
Q: A shopkeeper marked an article 75% above the cost price and sold it after a discount of 50%. Find the cost price of the article if he had a loss of Rs. 156.
1716 05df9b8349e7c624c9bfe9274
5df9b8349e7c624c9bfe9274- 1Rs. 1200false
- 2Rs. 1240false
- 3Rs. 1250false
- 4Rs. 1248true
- 5Rs. 1270false
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Answer : 4. "Rs. 1248"
Q: A starts a business, after 6 months B also join him with Rs.4500 and after 2 months of B’s joining C also join them with Rs.4500. If A gets approx. Rs 4900 out of total annual profit of Rs. 10,000 then find the approximate value of initial investment of A.
2499 05df9b7bd9e7c624c9bfe900b
5df9b7bd9e7c624c9bfe900b- 1Rs. 4800false
- 2Rs. 4200false
- 3Rs. 3600true
- 4Rs 4400false
- 5Rs. 5200false
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Answer : 3. "Rs. 3600"
Q: 17 articles were bought for ₹3910 and sold for ₹4590. How much was the approximate profit percentage per article?
1633 05df2237ffb64ec452cb6e020
5df2237ffb64ec452cb6e020- 117 %true
- 212 %false
- 39 %false
- 421 %false
- 525 %false
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Answer : 1. "17 % "
Q: The cost price of an article is ₹390. If it is to be sold at a profit of 3.12 %, how much would be its approximate selling price?
1246 05df222db0183ea49d62dc550
5df222db0183ea49d62dc550- 1410 ₹false
- 2402 ₹true
- 3417 ₹false
- 4420 ₹false
- 5442 ₹false
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