Profit and Loss Practice Question and Answer
8 Q: The selling prices of two articles are equal. If the first article is sold at a profit of 20% and the second article is sold at a loss of 20%, what will be the overall loss percentage?
401 06426e0ed9d18d2e8ae1e037c
6426e0ed9d18d2e8ae1e037c- 14%true
- 23.5%false
- 32.5%false
- 42%false
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Answer : 1. "4%"
Q: A dealer marks a washing machine for ₹7500, and allows a discount of 6% on it. Find the selling price
392 06400bb97cbcfaac0530003a6
6400bb97cbcfaac0530003a6- 1₹ 6850false
- 2₹ 7050true
- 3₹ 7250false
- 4₹ 6950false
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Answer : 2. "₹ 7050 "
Q: The cost price of 27 articles is the same as the selling price of 18 articles. What is the gain percentage?
386 06433d6011ce944a93e967766
6433d6011ce944a93e967766- 150%true
- 260%false
- 390%false
- 480 %false
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Answer : 1. "50% "
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:
383 064b90e7388d5e4f52ddf7bf3
64b90e7388d5e4f52ddf7bf3- 1₹700false
- 2₹680false
- 3₹652false
- 4₹702true
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Answer : 4. "₹702"
Q: A wateh dealer pays 10% customs duty on a watch which costs Rs. 500 abroad. He de- sires to make a profit of 20% after giving a discount of 25% to the buyer. The marked price should be
372 06400bc9f35d86258eccfa330
6400bc9f35d86258eccfa330- 1Rs. 950false
- 2Rs. 800false
- 3Rs. 880true
- 4Rs. 660false
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Answer : 3. "Rs. 880 "
Q:Answer the following questions
Lokesh sold two items at same price. One of them was sold at a profit of 10% and the other at the loss of 10%. What is the net result of entire transaction?
370 063bd5c7974eba5069d4a7569
63bd5c7974eba5069d4a7569- 11% losstrue
- 22% profitfalse
- 31% profitfalse
- 42% lossfalse
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Answer : 1. "1% loss "
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
370 06400bbe0cbcfaac053000555
6400bbe0cbcfaac053000555- 117 %true
- 220 %false
- 319 %false
- 415 %false
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Answer : 1. "17 %"
Q: While selling a watch, a shop- keeper gives a discount of 5%. If he gives a discount of 7%, he earns ₹15 less as profit. The marked price of the watch is
359 06400bac9a9f6c7de51a26e46
6400bac9a9f6c7de51a26e46- 1₹ 697.5false
- 2₹ 712.5false
- 3₹ 750true
- 4None of thesefalse
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