Profit and Loss Questions Practice Question and Answer
8 Q: A dishonest dealer marks up the price of an article by 15% and gave a discount of 20%. He also uses 900gm instead of 1000gm. Find his profit percent.
1999 05df9b9517c41ef1d193379e4
5df9b9517c41ef1d193379e4- 1$$ { 23\over8}$$false
- 2$$ { 20\over9}$$true
- 310false
- 4$$ { 15\over7}$$false
- 520false
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Answer : 2. "$$ { 20\over9}$$"
Q: Naresh purchased a TV set for Rs. 11,250 after getting a discount of 10 % on the labeled price. He spent Rs. 150 on transport and Rs. 800 on installation. At what price should it be sold so that the profit earned would have been 15 % if no discount was offered?
1994 05e4d0e43701cfd31ff635155
5e4d0e43701cfd31ff635155- 1Rs. 12937.50false
- 2Rs. 14,030true
- 3Rs. 13,450false
- 4Rs. 15467.50false
- 5None of thesefalse
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Answer : 2. "Rs. 14,030 "
Q: A loss of 19% gets converted into a profit of 17% when the selling price is increased by Rs. 162. The cost price of the article is
1979 05de495ef6528fb7f3ab00d26
5de495ef6528fb7f3ab00d26- 1Rs. 450true
- 2Rs. 600false
- 3Rs. 360false
- 4Rs. 540false
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Answer : 1. "Rs. 450"
Q: A vacuum cleaner was marked at 30% above the cost price and a discount of 24% was given on its marked price. What is the profit/loss percentage?
1977 0611f795bb14e9c13a8ec06c3
611f795bb14e9c13a8ec06c3- 14%false
- 21.2%true
- 36.25%false
- 42.5%false
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Answer : 2. "1.2%"
Q: The cost price of an article is 480. If it is to be sold at a profit of 6.25 %, how much would be its selling price?
1941 05e6c5be78fcee56af205341b
5e6c5be78fcee56af205341b- 1Rs 510true
- 2Rs 530false
- 3Rs 503false
- 4Rs 519false
- 5None of thesefalse
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Answer : 1. "Rs 510"
Q: Cost of 18 shirts and 45 trousers is Rs 68,400. What is the cost of 10 shirts and 25 trousers?
1935 05e6c8e7c8fcee56af205ae3a
5e6c8e7c8fcee56af205ae3a- 1Rs 38,000true
- 2Rs 36,000false
- 3Rs 34,200false
- 4Rs 36,200false
- 5None of thesefalse
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Answer : 1. "Rs 38,000"
Q: By selling a pen for Rs 105 there is a loss of 30%. At what price (in Rs) the pen must be sold in order to gain 30%?
1934 05dca952b45ad6b59c82bb777
5dca952b45ad6b59c82bb777- 1215false
- 2165false
- 3195true
- 4200false
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Answer : 3. "195"
Q: If 3 toys are sold at the cost price of 4 toys of the same kind, the profit will be:
1930 05d7f1dba50132761b5ef7bb9
5d7f1dba50132761b5ef7bb9- 125%false
- 2$$ 33{1\over3}\%$$true
- 3$$ 66{1\over3}\%$$false
- 450%false
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