Profit and Loss Questions Practice Question and Answer

Q:

There is 10 % loss if a watch is sold for Rs 1440/-. At What price it is to be sold to get 15 % profit. 

2485 0

  • 1
    Rs. 1840/-
    Correct
    Wrong
  • 2
    Rs. 1850/-
    Correct
    Wrong
  • 3
    Rs. 1800/-
    Correct
    Wrong
  • 4
    Rs. 1860/-
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Rs. 1840/- "

Q:

Oranges are bought at 7 for Rs. 3. At what rate per hundred must they be sold to gain 33 % ? 

2481 0

  • 1
    Rs. 56
    Correct
    Wrong
  • 2
    Rs. 60
    Correct
    Wrong
  • 3
    Rs. 58
    Correct
    Wrong
  • 4
    Rs. 57
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "Rs. 57"

Q: A fruit seller buys lemons two for Rs 1 and sells at 5 for Rs 3 rate. Find his profit percent. 2476 0

  • 1
    10
    Correct
    Wrong
  • 2
    15
    Correct
    Wrong
  • 3
    20
    Correct
    Wrong
  • 4
    25
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "20 "

Q:

Cost of 18 shirts and 45 trousers is Rs 68,400. What is the cost of 10 shirts and 25 trousers?

2474 0

  • 1
    Rs 38,000
    Correct
    Wrong
  • 2
    Rs 36,000
    Correct
    Wrong
  • 3
    Rs 34,200
    Correct
    Wrong
  • 4
    Rs 36,200
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Rs 38,000"

Q:

By a selling basket for Rs. 19.50, a shopkeeper gains 30 %. For how much should he sell it to gain 40 %? 

2469 0

  • 1
    Rs.24
    Correct
    Wrong
  • 2
    Rs.23
    Correct
    Wrong
  • 3
    Rs.21
    Correct
    Wrong
  • 4
    Rs.21.50
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Rs.21 "

Q:

When Vijay sells 12 pens, he gains the selling price of pens. Calculate his % profit?

2464 0

  • 1
    15%
    Correct
    Wrong
  • 2
    20%
    Correct
    Wrong
  • 3
    18%
    Correct
    Wrong
  • 4
    12%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "20%"

Q:

A shopkeeper marked an article 75% above the cost price and sold it after a discount of 50%. Find the cost price of the article if he had a loss of Rs. 156.

2460 0

  • 1
    Rs. 1200
    Correct
    Wrong
  • 2
    Rs. 1240
    Correct
    Wrong
  • 3
    Rs. 1250
    Correct
    Wrong
  • 4
    Rs. 1248
    Correct
    Wrong
  • 5
    Rs. 1270
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "Rs. 1248"

Q:

Sujatha sold 75% of her goods at a profit of 24% and the remaining at a loss of 40%. What is her gain/loss percentage on the whole transaction?

2450 0

  • 1
    8% gain
    Correct
    Wrong
  • 2
    10% gain
    Correct
    Wrong
  • 3
    7.5 % loss
    Correct
    Wrong
  • 4
    9 % loss
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "8% gain"

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully