Profit and Loss Questions Practice Question and Answer
8 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
1710 05d9dab835863b37fdc696095
5d9dab835863b37fdc696095- 1Rs. 140false
- 2Rs. 160true
- 3Rs. 80false
- 4Rs. 100false
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Answer : 2. "Rs. 160"
Q: A person bought pens at 25 for a rupee and sold at 15 for a rupee. What is his profit percentage?
1708 05f2e52432b354b255006cbff
5f2e52432b354b255006cbff- 1$$66{2\over 3}$$true
- 240false
- 3$$16{2\over 3}$$false
- 4$$33{1\over 3}$$false
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Answer : 1. "$$66{2\over 3}$$"
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?
1700 063d0c7b35392140e28eeca40
63d0c7b35392140e28eeca40- 1Rs.16000false
- 2Rs.18000false
- 3Rs.17500false
- 4None of thesetrue
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Answer : 4. "None of these "
Q: A scientist mixes 10% water in his solution but he is not content with it so he again mixes 10% more water in the previous mixture. What is the profit percentage of the scientist if he sells it at cost price:
1692 05e843a4b41a4013349c17328
5e843a4b41a4013349c17328- 115%false
- 221%false
- 318%true
- 416%false
- 5None of thesefalse
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Answer : 3. "18%"
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.
1690 060408aafb0e8d85dadab7639
60408aafb0e8d85dadab7639- 1Rs 750true
- 2Rs 760false
- 3Rs 744false
- 4Rs 757false
- 5Rs 748false
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Answer : 1. "Rs 750"
Q: If the cost of production of an article is 2/5 of its marked retail price, If it is sold at 10 % discount then what will be profit ?
1685 05e6f7d2e3550c37dbe365029
5e6f7d2e3550c37dbe365029- 125%false
- 240%false
- 350%false
- 4125%true
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Answer : 4. "125% "
Q: If the selling price of a product is multiplied by 2, the resulting profit is 6 times the original profit. What is the original profit percentage?
1684 05f9a9db83149fe41bd5f7e1e
5f9a9db83149fe41bd5f7e1e- 125true
- 210false
- 320false
- 415false
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Answer : 1. "25"
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.
1677 05f76cedcf66ef56de858d438
5f76cedcf66ef56de858d438- 1Rs.25false
- 2Rs.26.20false
- 3Rs.27.80false
- 4Rs.28.80true
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