Profit and Loss Practice Question and Answer
8 Q: A man buys a table and a chair for 500. He sells the table at a loss of 10 % and the chair at a gain of 10 %. He still gain ₹10 on the whole. The cost price of chair in rupees is
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5dd37c78874d2d52fa316afc- 1₹ 200false
- 2₹ 250false
- 3₹ 300true
- 4₹ 350false
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Answer : 3. "₹ 300"
Q: Arun buys one kilogram of apples for Rs . 120 and sells it to Swati gaining 25 %. Swati sells it to Divya and Divya again sells it for Rs. 198, making a profit of 10 %. What is the profit percentage made by Swati?
2101 05dd37c16c2282c484e46288e
5dd37c16c2282c484e46288e- 125 %false
- 220 %true
- 316.67 %false
- 415 %false
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Answer : 2. "20 % "
Q: A trader purchased a gift box for Rs. 150. What should be the marked price on the gift box so that after allowing a discount of 10 %, he makes a profit of 10 %?
1096 05dd37b4cbfcbc45cddedd7e2
5dd37b4cbfcbc45cddedd7e2- 1Rs . 180false
- 2Rs . 183.3true
- 3Rs . 186.6false
- 4Rs . 190false
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Answer : 2. "Rs . 183.3 "
Q: An article is sold at 5 % profit. The ratio of selling price and cost price will be
1084 05dcb8a4385d84c59cfbb8aaf
5dcb8a4385d84c59cfbb8aaf- 11 : 5false
- 220 : 21false
- 321 : 20true
- 45 : 1false
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Answer : 3. "21 : 20 "
Q: By selling an article for Rs. 700 a man lost 30 %. At what price should he have sold it to gain 30%?
1147 05dcb847345ad6b59c82cf7a7
5dcb847345ad6b59c82cf7a7- 1Rs . 910false
- 2Rs . 1200false
- 3Rs . 1232false
- 4Rs . 1300true
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Answer : 4. "Rs . 1300 "
Q: If an article is sold at 200 % profit then the ratio of its cost price to its selling price will be
1070 05dcb89e2e9d33d6509bd9e1c
5dcb89e2e9d33d6509bd9e1c- 11 : 2false
- 22 : 1false
- 31 : 3true
- 43 : 1false
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Answer : 3. "1 : 3 "
Q: A man purchased a bed sheet for Rs. 450 and sold it at again of 10 % calculated on the selling price. The selling price of the bedsheets was
1448 05dcb896ae9d33d6509bd9de7
5dcb896ae9d33d6509bd9de7- 1Rs. 460false
- 2Rs . 475false
- 3Rs . 480false
- 4Rs . 500true
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Answer : 4. "Rs . 500 "
Q: An article is sold at a loss of 20 %. It yields Rs. 60 more when it is sold at a gain of 20 %. The cost price of the article is
2221 05dcb83b9e9d33d6509bd9859
5dcb83b9e9d33d6509bd9859- 1Rs. 200false
- 2Rs. 150true
- 3Rs. 140false
- 4Rs. 120false
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