Profit and Loss Questions Practice Question and Answer
8 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 :
2213 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?
2205 05e7c376f50339c736669288a
5e7c376f50339c736669288a- 119.81%false
- 220.62%false
- 321.78%false
- 418.52%true
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Answer : 4. "18.52%"
Q: Ranjan made a profit of 25% when selling a TV set at Rs. 3000. If he now has to pay Rs. 500 more for the set, what should be his new selling price in order to make the same percentage of profit?
2186 060c3443fb0fa62518b433b1e
60c3443fb0fa62518b433b1e- 1₹ 3650false
- 2₹ 4000false
- 3₹ 3600false
- 4₹ 3625true
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Answer : 4. "₹ 3625 "
Q: Cost of 36 pens and 42 Pencils is Rs 460. What is the cost of 18 pens and 21 pencils?
2173 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: 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?
2156 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 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.).
2155 0647f3858e72c4684a1e26e61
647f3858e72c4684a1e26e61- 16,285.7true
- 26,258.8false
- 36,305.8false
- 46,527.9false
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Answer : 1. "6,285.7 "
Q: Due to increase in the value of eggs by 20 percent, two eggs started getting less at Rs. 24. The current price per dozen of eggs.
2153 05f76cedcf66ef56de858d438
5f76cedcf66ef56de858d438- 1Rs.25false
- 2Rs.26.20false
- 3Rs.27.80false
- 4Rs.28.80true
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Answer : 4. "Rs.28.80"
Q: A man bought a chair for ₹580. At what price should he sell the chair so as to gain 25%?
2132 06428210fdcb650c145720e76
6428210fdcb650c145720e76- 1₹1,080false
- 2₹725true
- 3₹590false
- 4₹820false
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