Profit and Loss Practice Question and Answer
8 Q: By selling an article for Rs. 600 there is a profit of 20%. What is the cost price of the article?
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Answer : 4. "500"
Q: The selling price and the cost price of an article are ₹6,000 and ₹5,000, respectively. What is the profit percentage?
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Answer : 3. "20%"
Q: Remi earns a profit of 20% on selling an article at a certain price. If she sells the articles for ₹8 more, she will gain 30%. What is the original cost price of 16 such articles?
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Answer : 3. "₹1,280"
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
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Answer : 1. "17 %"
Q: An umbrella is marked for ₹150 and sold for ₹138. The rate of discount is:
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Answer : 2. "8%"
Q: A sold a watch to B at a profit of 20%. B sold it to C at 30% profit. C sold it to D at 10% loss. If B's profit is ₹80 more than that of A, then D bought it for:
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- 2₹680false
- 3₹652false
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Answer : 4. "₹702"
Q: There is a profit of 10% when an item is sold at of its actual selling price. What will be the profit percentage on the cost price when the item is sold at its actual selling price?
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Answer : 2. "32%"
Q: Total cost of A pens and (A-2) pencils is Rs 424. If one pencil and one pen costs Rs 4 and Rs 20 respectively then find A?
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