Profit and Loss Practice Question and Answer
8 Q: A shopkeeper had 2000 kgs of rice. He sold a part of it at 11% profit and the rest at 17% profit, so that he made a total profit 15.2%. How much rice (in kgs) did he sell at 17% profit?
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5dca96a185d84c59cfba67a2- 1600false
- 21400true
- 3700false
- 41200false
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Answer : 2. "1400"
Q: By selling a pen for Rs 105 there is a loss of 30%. At what price (in Rs) the pen must be sold in order to gain 30%?
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5dca952b45ad6b59c82bb777- 1215false
- 2165false
- 3195true
- 4200false
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Answer : 3. "195"
Q: A trader had 2000 kgs of rice. He sold a part of it at 10 % profit and the rest at 16 % profit so that he made a total profit of 14.2%. How much rice (in kg) did he sell at 10 % profit?
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5dca4eecf7c0852c4475b0b9- 11400false
- 2600true
- 3800false
- 41000false
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Answer : 2. "600"
Q: An oil refinery buys oil at Rs 3600 per barrel. There is 10 % wastage. If the refinery wants to earn 5% profit then at what price should it sell including 8 % tax on selling price? (in Rs per barrel)
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5dca519088990a4b0e802ff0- 13674false
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Answer : 4. "4536"
Q: A used car dealer sells a car for Rs 7.6 lakhs and makes some loss. If he had sold if for Rs.9.2 lakhs his profit would been thrice of his loss. What was the cost price of the car (in Rs. Lakhs)?
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5dca4f4a582669277c2973cc- 18.5false
- 28.75false
- 38.25false
- 48true
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Answer : 4. "8"
Q: A trader bought 10 kg of apples for Rs. 405 out of which 1 kg of apples were found to be rotten. If he wishes to make a profit of 10 % at what rate should he sell the remaining apples per kg?
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5dc296a1ee5d9e2ea2b548c7- 149.5true
- 248false
- 346false
- 447false
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Answer : 1. " 49.5 "
Q: If a man estimates his loss as 20% of the selling price, then his loss percent is:
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5dbfbbd8c559bc74bfc42b8c- 120%false
- 225%false
- 340/3%false
- 450/3%true
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Answer : 4. "50/3%"
Q: If a chair sold for Rs. 600 at the profit of 20%, then the original price of the chair is:
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5dbfbb70d701145da0b070fd- 1Rs. 540false
- 2Rs. 500true
- 3Rs. 480false
- 4Rs. 580false
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