Profit and Loss Questions Practice Question and Answer

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 0

  • 1
    Rs. 1175
    Correct
    Wrong
  • 2
    Rs. 1150
    Correct
    Wrong
  • 3
    Rs. 1225
    Correct
    Wrong
  • 4
    Rs. 1250
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "Rs. 1250"

Q:

Purchased a table for 13500 and sold it 11000. What is his loss percentage?

2205 0

  • 1
    19.81%
    Correct
    Wrong
  • 2
    20.62%
    Correct
    Wrong
  • 3
    21.78%
    Correct
    Wrong
  • 4
    18.52%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

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 0

  • 1
    ₹ 3650
    Correct
    Wrong
  • 2
    ₹ 4000
    Correct
    Wrong
  • 3
    ₹ 3600
    Correct
    Wrong
  • 4
    ₹ 3625
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

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 0

  • 1
    230
    Correct
    Wrong
  • 2
    203
    Correct
    Wrong
  • 3
    302
    Correct
    Wrong
  • 4
    320
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

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 0

  • 1
    50
    Correct
    Wrong
  • 2
    100
    Correct
    Wrong
  • 3
    $$16{2\over 3}$$
    Correct
    Wrong
  • 4
    $$33{1\over 3}$$
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "100"

  • Show AnswerHide Answer
  • Workspace

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 0

  • 1
    Rs.25
    Correct
    Wrong
  • 2
    Rs.26.20
    Correct
    Wrong
  • 3
    Rs.27.80
    Correct
    Wrong
  • 4
    Rs.28.80
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

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 0

  • 1
    ₹1,080
    Correct
    Wrong
  • 2
    ₹725
    Correct
    Wrong
  • 3
    ₹590
    Correct
    Wrong
  • 4
    ₹820
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "₹725 "

      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