Profit and Loss Questions Practice Question and Answer
8 Q: Profit obtained on selling an article for Rs 540 is equal to the loss incurred on selling the article for Rs 370. if selling price is Rs. 910, Then what is the profit percentage?
1820 05f211ad70fc7110ad91fb995
5f211ad70fc7110ad91fb995- 150false
- 2100true
- 3$$16{2\over 3}$$false
- 4$$33{1\over 3}$$false
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Answer : 2. "100"
Q: A man buys a table and a chair for 500. He sells the table at a loss of 10 % and the chair at a gain of 10 %. He still gain ₹10 on the whole. The cost price of chair in rupees is
1818 05dd37c78874d2d52fa316afc
5dd37c78874d2d52fa316afc- 1₹ 200false
- 2₹ 250false
- 3₹ 300true
- 4₹ 350false
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Answer : 3. "₹ 300"
Q: A Microwave oven is sold in Hyderabad for Rs.M. A retailer, Elahi from Hyderabad went to Madras and bought it for 25% less (when compared to the price in Hyderabad). He spends Rs.1,000 on transport to bring it from Madras to Hyderabad. He sold it in Hyderabad for Rs.M making a profit of 10%. Find the value of M (in Rs.).
1817 0647f3858e72c4684a1e26e61
647f3858e72c4684a1e26e61- 16,285.7true
- 26,258.8false
- 36,305.8false
- 46,527.9false
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Answer : 1. "6,285.7 "
Q: Cost of 36 pens and 42 Pencils is Rs 460. What is the cost of 18 pens and 21 pencils?
1814 05df0b8600183ea49d62ac237
5df0b8600183ea49d62ac237- 1230true
- 2203false
- 3302false
- 4320false
- 5None of thesefalse
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Answer : 1. "230"
Explanation :
(36 Pens + 42 Pencils)=460
2(18Pens + 21 Pencils) = 460
18 Pens +21 Pencils =230 Ans.
Q: If a man estimates his loss as 20% of the selling price, then his loss percent is:
1809 05dbfbbd8c559bc74bfc42b8c
5dbfbbd8c559bc74bfc42b8c- 120%false
- 225%false
- 340/3%false
- 450/3%true
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Answer : 4. "50/3%"
Q: A wholesaler sold a water purifier at a loss of 40%. If the selling price has been increased by Its. 125, then wholesaler will get the profit of 10%. What was the cost price of the purifier?
1794 05ee05cab3f1add232d832452
5ee05cab3f1add232d832452- 1Rs. 250true
- 2Rs. 225false
- 3Rs. 275false
- 4Rs. 300false
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Answer : 1. "Rs. 250 "
Q: Ramesh sold a phone at a loss of 5%. Had he sold it for Rs. 200 more, he would gave gained 15%. To gain 25%, he should sell it for :
1788 05ee0620f0cb2490dae750b3b
5ee0620f0cb2490dae750b3b- 1Rs. 1175false
- 2Rs. 1150false
- 3Rs. 1225false
- 4Rs. 1250true
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Answer : 4. "Rs. 1250"
Q: Purchased a table for 13500 and sold it 11000. What is his loss percentage?
1786 05e7c376f50339c736669288a
5e7c376f50339c736669288a- 119.81%false
- 220.62%false
- 321.78%false
- 418.52%true
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