Profit and Loss Questions Practice Question and Answer

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 

1850 0

  • 1
    Rs. 450
    Correct
    Wrong
  • 2
    Rs. 600
    Correct
    Wrong
  • 3
    Rs. 360
    Correct
    Wrong
  • 4
    Rs. 540
    Correct
    Wrong
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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?

1843 0

  • 1
    4%
    Correct
    Wrong
  • 2
    1.2%
    Correct
    Wrong
  • 3
    6.25%
    Correct
    Wrong
  • 4
    2.5%
    Correct
    Wrong
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Answer : 2. "1.2%"

Q: A fruit seller buys lemons two for Rs 1 and sells at 5 for Rs 3 rate. Find his profit percent. 1832 0

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

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%?

1819 0

  • 1
    215
    Correct
    Wrong
  • 2
    165
    Correct
    Wrong
  • 3
    195
    Correct
    Wrong
  • 4
    200
    Correct
    Wrong
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Answer : 3. "195"

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. 

1819 0

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

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? 

1815 0

  • 1
    Rs. 12937.50
    Correct
    Wrong
  • 2
    Rs. 14,030
    Correct
    Wrong
  • 3
    Rs. 13,450
    Correct
    Wrong
  • 4
    Rs. 15467.50
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show Answer
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Answer : 2. "Rs. 14,030 "

Q:

17 articles were bought for ₹3910 and sold for ₹4590. How much was the approximate profit percentage per article?

1806 0

  • 1
    17 %
    Correct
    Wrong
  • 2
    12 %
    Correct
    Wrong
  • 3
    9 %
    Correct
    Wrong
  • 4
    21 %
    Correct
    Wrong
  • 5
    25 %
    Correct
    Wrong
  • Show Answer
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Answer : 1. "17 % "

Q:

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

1786 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 Answer
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Answer : 1. "Rs 38,000"

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