Profit and Loss Questions Practice Question and Answer
8 Q: Krishna bought a camera and paid 20 % less than its original price. He sold it at 40 % profit on the price he had paid. The percentage of profit earned by Krishna on the original price was
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5efc71668e73c352771d9da8- 112true
- 215false
- 322false
- 432false
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Answer : 1. "12"
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:
1941 05e843a4b41a4013349c17328
5e843a4b41a4013349c17328- 115%false
- 221%false
- 318%true
- 416%false
- 5None of thesefalse
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Answer : 3. "18%"
Q: A trader had 16 quintals of wheat. He sold a part of it at 17% profit and the rest at 27% profit, so that he made a total profit of 21%. How much wheat did he sell at 27 % profit?
1931 05f1a8687209bcc11a7898179
5f1a8687209bcc11a7898179- 1320 kgfalse
- 21280 kgfalse
- 3960 kgfalse
- 4640 kgtrue
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Answer : 4. "640 kg "
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 ?
1930 05e6f7d2e3550c37dbe365029
5e6f7d2e3550c37dbe365029- 125%false
- 240%false
- 350%false
- 4125%true
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Answer : 4. "125% "
Q: An article was sold for Rs.4000. Had a discount of 10% was being offered, the profit would have been 20%. The cost price of the article was:
1921 060c09b39c197293a48275231
60c09b39c197293a48275231- 1Rs.3000true
- 2Rs.3600false
- 3Rs. 3200false
- 4Rs. 3310false
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Answer : 1. "Rs.3000"
Q: If a man purchase 11 articles for Rs.10 and sold all the articles at the rate of 10 for Rs.11, the profit percentage will be.
1909 05ee21d122bf4c40446474582
5ee21d122bf4c40446474582- 110%false
- 211%false
- 321%true
- 4100%false
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Answer : 3. "21% "
Q: A man bought a chair for ₹580. At what price should he sell the chair so as to gain 25%?
1904 06428210fdcb650c145720e76
6428210fdcb650c145720e76- 1₹1,080false
- 2₹725true
- 3₹590false
- 4₹820false
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Answer : 2. "₹725 "
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:
1903 05dbab0d733aa9436e0e60d77
5dbab0d733aa9436e0e60d77- 120false
- 225true
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