Profit and Loss Practice Question and Answer
8 Q: A dishonest dealer professes to sell his goods at cost price but uses a false weight and thus gains 15%. For a kilogram, he uses a weight of _________ (rounded off to one digit after decimal).
616 0647f56c4f4063d472f2d3177
647f56c4f4063d472f2d3177- 1833.3 gmfalse
- 2876.7 gmfalse
- 3869.6 gmtrue
- 4898.33 gmfalse
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Answer : 3. "869.6 gm"
Q: A shopkeeper wants to make a profit of 20% on an article after selling it, while he gives a cash discount of 20%. Further allows 4 more articles for free after purchase of one dozen articles to his premium customer. How much per cent above the cost price he must mark his article?
611 064dc8822d02c5c746bf4719e
64dc8822d02c5c746bf4719e- 185%false
- 290%false
- 3110%false
- 480%false
- 5100%true
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Answer : 5. "100%"
Q: A trader sells an article at 16% below its cost price. Had he sold it for ₹192.20 more, he would have gained 15%. The cost price (in ₹) of the article is:
607 06489bb4ef4063d472f4b2f0e
6489bb4ef4063d472f4b2f0e- 1620true
- 2680false
- 3720false
- 4640false
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Answer : 1. "620 "
Q: A fan is listed at ₹ 150 and a discount of 20% is given. Then the selling price is
604 06246cec8e6c50b4b29b7fe44
6246cec8e6c50b4b29b7fe44- 1₹ 120true
- 2₹ 110false
- 3₹ 180false
- 4₹ 150false
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Answer : 1. "₹ 120 "
Explanation :
Q: Shashi sells two articles for ₹5,000 each with no loss and no profit in the overall transaction. If one article is sold at loss, then the other is sold at a profit of:
602 064bfb961a2d4dcaf044d563e
64bfb961a2d4dcaf044d563e- 125%true
- 224%false
- 316%false
- 418%false
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Answer : 1. "25%"
Q: The profit earned by selling an article for ₹832 is equal to the loss incurred when the article is sold for ₹448. What will be the selling price of the article if it is sold at a ₹10%, loss?
598 06479d594bf323e479a8002bb
6479d594bf323e479a8002bb- 1₹576true
- 2₹540false
- 3₹625false
- 4₹640false
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Answer : 1. "₹576 "
Q: The marked price of an article is 30% higher than the cost price. If a trader sells the articles allowing 10% discount to customer, then the gain per- cent will be
596 06400bbe0cbcfaac053000555
6400bbe0cbcfaac053000555- 117 %true
- 220 %false
- 319 %false
- 415 %false
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Answer : 1. "17 %"
Q: A shopkeeper charges his customers 15% above the cost price, if a customer has bought a sofa-set for 9039, then for how much did the shopkeeper buy it?
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63108f5e7c72c07784687b91- 1Rs. 7880false
- 27660false
- 37860true
- 47680false
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