Profit and Loss Practice Question and Answer
8 Q: A merchant marked the price of an article by incresing its pro- duction cost by 40% .Now he al- lows 20% discount and gets a profit of Rs. 48 after selling it. The production cost is
333 06400bc3335d86258eccfa256
6400bc3335d86258eccfa256- 1Rs. 320false
- 2Rs. 360false
- 3Rs. 400true
- 4Rs 440false
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Answer : 3. "Rs. 400 "
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
378 06400bbe0cbcfaac053000555
6400bbe0cbcfaac053000555- 117 %true
- 220 %false
- 319 %false
- 415 %false
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Answer : 1. "17 %"
Q: A dealer marks a washing machine for ₹7500, and allows a discount of 6% on it. Find the selling price
402 06400bb97cbcfaac0530003a6
6400bb97cbcfaac0530003a6- 1₹ 6850false
- 2₹ 7050true
- 3₹ 7250false
- 4₹ 6950false
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Answer : 2. "₹ 7050 "
Q: If the cost price of 25 perts is equal to the selling price of 20 pens, then profit percent is
430 06400bb31a9f6c7de51a26e7f
6400bb31a9f6c7de51a26e7f- 120%false
- 225%true
- 315%false
- 45%false
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Answer : 2. "25% "
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
368 06400bac9a9f6c7de51a26e46
6400bac9a9f6c7de51a26e46- 1₹ 697.5false
- 2₹ 712.5false
- 3₹ 750true
- 4None of thesefalse
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Answer : 3. "₹ 750 "
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:
1192 05dbab0d733aa9436e0e60d77
5dbab0d733aa9436e0e60d77- 120false
- 225true
- 315false
- 418false
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Answer : 2. "25 "
Q: The price of jewelry , passing through three hands. rises on the whole by 65 %. If the first and the second sellers earned 20 % and 25 % profit respectively, the profit earned by the third seller is
896 05efc6bffeb90be58c590074b
5efc6bffeb90be58c590074b- 110%true
- 25%false
- 320%false
- 415%false
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Answer : 1. "10% "
Q: A person bought some articles at the rate of 5 per rupee and the same number at the rate of 4 per rupee. He mixed both the types and sold at the rate of 9 for 2 rupees. In this business he suffered a loss of Rs. 3. The total number of articles bought by him was
1163 05efc6f0f196e681f76eace0e
5efc6f0f196e681f76eace0e- 1540false
- 2545false
- 31090false
- 41080true
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