Profit and Loss Practice Question and Answer
8 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 %?
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5dd37b4cbfcbc45cddedd7e2- 1Rs . 180false
- 2Rs . 183.3true
- 3Rs . 186.6false
- 4Rs . 190false
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Answer : 2. "Rs . 183.3 "
Q: A milkman has 20 liters of milk. If he mixes 5 liters of water, which is freely available, in 20 liters of pure milk. If the cost of pure milk is Rs. 18 per litre, then the profit of the milkman, when he sells all the mixture at cost price, is: 4724 65b5cc7d7e4d2b4197775151f
5b5cc7d7e4d2b4197775151f- 120%false
- 225%true
- 333.33%false
- 418%false
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Answer : 2. "25%"
Explanation :
Answer: B) 25% Explanation: When the water is freely available and all the water is sold at the price of the milk, then the water gives the profit on the cost of 20 litres of milk. Since, the profit % = ProfitCostPricex100 Therefore, profit percentage = 520x100 = 25%
Q: If 3 toys are sold at the cost price of 4 toys of the same kind, the profit will be:
1712 05d7f1dba50132761b5ef7bb9
5d7f1dba50132761b5ef7bb9- 125%false
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Answer : 2. "
Q: On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is ? 1959 05b5cc74fe4d2b4197774fb3a
5b5cc74fe4d2b4197774fb3a- 1Rs. 55false
- 2Rs. 60true
- 3Rs. 65false
- 4Rs. 70false
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Answer : 2. "Rs. 60"
Explanation :
Answer: B) Rs. 60 Explanation: Let the cost price of a ball is Rs.xGiven, on selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 ballsThe equation is :17x - 720 = 5xSolving the equation we get x = 60Therefore, cost price of a ball is Rs. 60.
Q: A watch sold for Rs.1440 at 10 % loss, at what price it should be sold so as to earn 15% profit. 3954 05d131eee925caa2d5bbbff39
5d131eee925caa2d5bbbff39- 11820false
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- 31840true
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Answer : 3. "1840"
Q: Pratap bought a radio at a discount of 25% on the real price. He got 40 Rs more, when he sold it at 140 percent of the cost price. Find the the price at which Pratap bought the radio? 3646 05d132bb809a40f38019e53b0
5d132bb809a40f38019e53b0- 1800false
- 2700false
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Answer : 4. "600"
Q: A fruit seller buys lemons two for Rs 1 and sells at 5 for Rs 3 rate. Find his profit percent. 1675 05d133acf40daee3c552fcb1a
5d133acf40daee3c552fcb1a- 110false
- 215false
- 320true
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Answer : 3. "20 "
Q: A man buys 12 articles for Rs. 12 /- and sells them at the rate of Rs.1.25 per article. His gain percentage is:
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5dbab0d733aa9436e0e60d77- 120false
- 225true
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