Profit and Loss Practice Question and Answer
8 Q: A shopkeeper sold an item at a profit of 20 %. If he reduces the price of the item by Rs. 900, he incurs a loss of 10 %. What is the cost price of the item?
2000 062f38b523342ab118439cab1
62f38b523342ab118439cab1- 1Rs. 4900false
- 2Rs. 4200false
- 3Rs. 3500false
- 4Rs. 3000true
- 5None of thesefalse
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Answer : 4. "Rs. 3000"
Q: Jack sold a dress for Rs.1440 and made a profit of 20%. What was its cost?
1992 05eb50b18a201e2350c47eea3
5eb50b18a201e2350c47eea3- 11152false
- 21240false
- 31200true
- 41180false
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Answer : 3. "1200 "
Q: A trader bought 10 kg of apples for Rs. 405 out of which 1 kg of apples were found to be rotten. If he wishes to make a profit of 10 % at what rate should he sell the remaining apples per kg?
1965 05dc296a1ee5d9e2ea2b548c7
5dc296a1ee5d9e2ea2b548c7- 149.5true
- 248false
- 346false
- 447false
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Answer : 1. " 49.5 "
Q: Priya purchased two mixers for Rs.1500 and made a profit of 9% on one and loss of 6% on the other. But overall there is no profit or loss, then cost price of mixture are in the ratio?
1946 0602270d8ad295556282ac6aa
602270d8ad295556282ac6aa- 13 : 5false
- 22 : 3true
- 35 : 3false
- 43 : 2false
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Answer : 2. "2 : 3"
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 ? 1938 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 fan is sold for ₹1,560 at a profit of 30%. If its selling price is ₹960, then what will be the loss percentage?
1913 0642c0b072b960e1a41963e68
642c0b072b960e1a41963e68- 130%false
- 220%true
- 310%false
- 425%false
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Answer : 2. "20% "
Q: Ram sells a car to Mohan at a profit of 16% and Mohan sells it to Shyam at a profit of 25%. How much profit% Ram would have got if he had sold the car directly to Shyam at the price Shyam bought it?
1897 05fd877c4079b5044b45ecc62
5fd877c4079b5044b45ecc62- 141%false
- 242%false
- 345%true
- 450%false
- 5None of thesefalse
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Answer : 3. "45%"
Q: The cost price of an article is Rs x. It is marked up by 200%. It is sold at Rs. 540 after giving 25% discount. What is the value of x (in Rs)?
1896 15efd52587228dd6b06e2cb07
5efd52587228dd6b06e2cb07- 1300false
- 2240true
- 3360false
- 4250false
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