Profit and Loss Practice Question and Answer

Q:

The cost price of two dozen bananas is Rs. 32 After selling 18 bananas at the rate Rs. 12 per dozen, the shopkeeper reduced to rate as Rs. 4 per dozen. The percent loss is 

2074 0

  • 1
    36.5%
    Correct
    Wrong
  • 2
    37.5%
    Correct
    Wrong
  • 3
    25.2%
    Correct
    Wrong
  • 4
    32.4%
    Correct
    Wrong
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Answer : 2. "37.5% "

Q:

Cost of 24 bats and 32 sticks is Rs 5600. What is the price of 3 bats and 4 sticks?

2074 0

  • 1
    Rs 1400
    Correct
    Wrong
  • 2
    Rs 2800
    Correct
    Wrong
  • 3
    Rs 700
    Correct
    Wrong
  • 4
    Data Inadequate
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 3. "Rs 700"

Q: What should be % increased the Marked price so that even after allowing 10% discount one get the profit of 26%? 2002 0

  • 1
    20%
    Correct
    Wrong
  • 2
    50%
    Correct
    Wrong
  • 3
    60%
    Correct
    Wrong
  • 4
    40%
    Correct
    Wrong
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Answer : 4. "40%"

Q: A shopkeeper earns a profit equal to the cost price of 15 meter by selling 45 meter cloth. Find the profit percent? 1997 0

  • 1
    33%
    Correct
    Wrong
  • 2
    30%
    Correct
    Wrong
  • 3
    $$ 33 {1 \over 3} $$
    Correct
    Wrong
  • 4
    55%
    Correct
    Wrong
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Answer : 3. "$$ 33 {1 \over 3} $$"

Q:

A dealer bought an item at 10% discount on its original price. He sold it  at 35 % more than the original price. What percentage profit did he get?

1985 0

  • 1
    25 %
    Correct
    Wrong
  • 2
    45 %
    Correct
    Wrong
  • 3
    22.5 %
    Correct
    Wrong
  • 4
    50 %
    Correct
    Wrong
  • 5
    35 %
    Correct
    Wrong
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Answer : 4. "50 %"

Q: A dishonest dealer professes to sell his good at cost price, but he uses a weight of 800 gm. For one kg. Find his gain percent? 1981 0

  • 1
    20
    Correct
    Wrong
  • 2
    25
    Correct
    Wrong
  • 3
    40
    Correct
    Wrong
  • 4
    10
    Correct
    Wrong
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Answer : 2. "25"

Q:

30 dozen walnuts were purchased for Rs. 14400 and 32 packets of walnuts (20 walnuts in each packet) were purchased for Rs. 57600. If a packet of Akharato was sold for five rupees in a pack at Rs. 432, what would be the profit percentage?

1971 0

  • 1
    10 %
    Correct
    Wrong
  • 2
    25 %
    Correct
    Wrong
  • 3
    20 %
    Correct
    Wrong
  • 4
    15 %
    Correct
    Wrong
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Answer : 3. "20 % "

Q:

Jack sold a dress for Rs.1440 and made a profit of 20%. What was its cost? 

1968 0

  • 1
    1152
    Correct
    Wrong
  • 2
    1240
    Correct
    Wrong
  • 3
    1200
    Correct
    Wrong
  • 4
    1180
    Correct
    Wrong
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Answer : 3. "1200 "

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