Profit and Loss Questions Practice Question and Answer
8 Q: The cost price of two items P and Q are equal. If item P sold at 40% profit and item Q sold at 20% less than the selling price of item P, then the total profit is ?
2161 05e9d3fe8bf0a265d837bfcbd
5e9d3fe8bf0a265d837bfcbd- 1₹ 600false
- 2₹ 500true
- 3₹ 660false
- 4₹ 550false
- 5None of thesefalse
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Answer : 2. "₹ 500"
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?
2150 05f1a8687209bcc11a7898179
5f1a8687209bcc11a7898179- 1320 kgfalse
- 21280 kgfalse
- 3960 kgfalse
- 4640 kgtrue
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Answer : 4. "640 kg "
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
2150 05efc71668e73c352771d9da8
5efc71668e73c352771d9da8- 112true
- 215false
- 322false
- 432false
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Answer : 1. "12"
Q: A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225/- for it, the cost price of the bicycle for A is:
2142 05e205e5c5f8f8e395f8f1439
5e205e5c5f8f8e395f8f1439- 1Rs. 110 / -false
- 2Rs. 125 /-false
- 3Rs. 120 / -false
- 4Rs. 150 /-true
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Answer : 4. "Rs. 150 /-"
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.
2141 05ee21d122bf4c40446474582
5ee21d122bf4c40446474582- 110%false
- 211%false
- 321%true
- 4100%false
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Answer : 3. "21% "
Q: A cow was sold at 8% profit. If it were bought at 20% less and sold at 40% profit, then the owner would gain ₹ 640 more. Find the initial cost price of the cow.
2138 1614c6ea7cf76ad014639dbc3
614c6ea7cf76ad014639dbc3- 1₹ 15,000false
- 2₹ 16,000true
- 3₹ 20,000false
- 4₹ 25,000false
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Answer : 2. "₹ 16,000 "
Q: If a shopkeeper bought 70 kg of potatoes for Rs 420 and sold the entire purchase at the rate of 6.50 per kg, what was his profit percentage?
2130 05fb39f7206649f682b909ba7
5fb39f7206649f682b909ba7- 1$$ {8{1\over 3}\%}$$true
- 2$$ {5{1\over 3}\%}$$false
- 3$$ {8{2\over 3}\%}$$false
- 4$$ {4{1\over 3}\%}$$false
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Answer : 1. "$$ {8{1\over 3}\%}$$"
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 ?
2122 05e6f7d2e3550c37dbe365029
5e6f7d2e3550c37dbe365029- 125%false
- 240%false
- 350%false
- 4125%true
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