Profit and Loss Questions Practice Question and Answer
8 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.).
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647f3858e72c4684a1e26e61- 16,285.7true
- 26,258.8false
- 36,305.8false
- 46,527.9false
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Answer : 1. "6,285.7 "
Q: A merchant buys an article for Rs. 27 and sells it at a profit of 10 % of the selling price. The selling price of the article is:
2205 05efc6f6dd4461c5b47d6b15c
5efc6f6dd4461c5b47d6b15c- 1Rs. 37false
- 2Rs.32false
- 3Rs. 29.70false
- 4Rs. 30true
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Answer : 4. "Rs. 30 "
Explanation :

Q: A trader had 2000 kgs of rice. He sold a part of it at 10 % profit and the rest at 16 % profit so that he made a total profit of 14.2%. How much rice (in kg) did he sell at 10 % profit?
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5dca4eecf7c0852c4475b0b9- 11400false
- 2600true
- 3800false
- 41000false
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Answer : 2. "600"
Q: The reduction of Rs . 12 in the selling price of an article will changes 5 % gain into $$ 2{1\over 2}\% $$ loss . The cost price of the article is
2201 05d9dab835863b37fdc696095
5d9dab835863b37fdc696095- 1Rs. 140false
- 2Rs. 160true
- 3Rs. 80false
- 4Rs. 100false
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Answer : 2. "Rs. 160"
Q: A man buys 12 articles for Rs. 12 /- and sells them at the rate of Rs.1.25 per article. His gain percentage is:
2185 05dbab0d733aa9436e0e60d77
5dbab0d733aa9436e0e60d77- 120false
- 225true
- 315false
- 418false
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Answer : 2. "25 "
Q: An article is sold at a loss of 40%. The nominal amount of loss is approximately what percentage of the selling price of the article?
2177 0642253fd2b960e1a4180c9bb
642253fd2b960e1a4180c9bb- 166.67%true
- 238.33%false
- 341.33%false
- 451.33%false
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Answer : 1. "66.67%"
Q: If shopkeeper sold the mobile for Rs.15000 and then he gets some loss. If he sold the same mobile at Rs.19200 and then he gets profit is double of loss. Find the cost price of the mobile?
2169 063d0c7b35392140e28eeca40
63d0c7b35392140e28eeca40- 1Rs.16000false
- 2Rs.18000false
- 3Rs.17500false
- 4None of thesetrue
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Answer : 4. "None of these "
Q: The cost price of a radio is Rs. 600. The 5% of the cost price is charged towards transportation. After adding that, If net profit to be made is 15%, then the selling price of the radio must be
2162 15efd532ceb90be58c591c03c
5efd532ceb90be58c591c03c- 1Rs. 664.50false
- 2Rs. 684.50false
- 3Rs. 704.50false
- 4Rs. 724.50true
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Answer : 4. "Rs. 724.50 "
Explanation :


