Profit and Loss Questions Practice Question and Answer
8 Q: If a man estimates his loss as 20% of the selling price, then his loss percent is:
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5dbfbbd8c559bc74bfc42b8c- 120%false
- 225%false
- 340/3%false
- 450/3%true
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Answer : 4. "50/3%"
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
2195 05dd37c78874d2d52fa316afc
5dd37c78874d2d52fa316afc- 1₹ 200false
- 2₹ 250false
- 3₹ 300true
- 4₹ 350false
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Answer : 3. "₹ 300"
Q: The cost price of 12 pens is equal to the selling price of 8 pens. The profit percentage is:
2190 0609f9ba56397877f3199dea2
609f9ba56397877f3199dea2- 150 %true
- 240 %false
- 355 %false
- 445 %false
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Answer : 1. "50 %"
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?
2180 05ee05cab3f1add232d832452
5ee05cab3f1add232d832452- 1Rs. 250true
- 2Rs. 225false
- 3Rs. 275false
- 4Rs. 300false
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Answer : 1. "Rs. 250 "
Q: If the profit on selling an article for Rs. 425 is the same as the loss on selling it for Rs. 355, then the cost price of the article is
2169 05f803b6488aba328edaf3cd0
5f803b6488aba328edaf3cd0- 1Rs. 390true
- 2Rs. 380false
- 3Rs. 400false
- 4Rs. 440false
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Answer : 1. "Rs. 390"
Explanation :

Q: A trader bought 120 kg of potato at 24/kg. He sold 80 kg of it at 50% profit and the balance at 25% low. Find the total profit or loss?
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5eb507e64080050ac2650bc0- 150% Profitfalse
- 225% Profittrue
- 350% Lossfalse
- 425% Lossfalse
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Answer : 2. "25% Profit "
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 :
2157 05ee0620f0cb2490dae750b3b
5ee0620f0cb2490dae750b3b- 1Rs. 1175false
- 2Rs. 1150false
- 3Rs. 1225false
- 4Rs. 1250true
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Answer : 4. "Rs. 1250"
Q: A shopkeeper marked the price of an article by 40% above cost price and gave discount of Rs. 224. On the final amount, he charged 10% tax. In the whole transaction, he earned Rs. 158.6. Find cost price of the article.
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60408aafb0e8d85dadab7639- 1Rs 750true
- 2Rs 760false
- 3Rs 744false
- 4Rs 757false
- 5Rs 748false
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