Profit and Loss Questions Practice Question and Answer
8 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?
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5f9a9db83149fe41bd5f7e1e- 125true
- 210false
- 320false
- 415false
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Answer : 1. "25"
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
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Answer : 1. "12"
Q: If a vendor sells apples at Rs 170 per kg he suffers 15 % loss. If he sells at Rs 230 per kg, then what is his profit percentage?
1781 05f328208a19eae5979ff56a3
5f328208a19eae5979ff56a3- 15false
- 220false
- 315true
- 410false
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Answer : 3. "15 "
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 ?
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5e6f7d2e3550c37dbe365029- 125%false
- 240%false
- 350%false
- 4125%true
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Answer : 4. "125% "
Q: A person bought pens at 25 for a rupee and sold at 15 for a rupee. What is his profit percentage?
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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 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.
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5ee21d122bf4c40446474582- 110%false
- 211%false
- 321%true
- 4100%false
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Answer : 3. "21% "
Q: The profit percentage of P and Q is same on selling the articles at Rs. 1800 each but A calculates his profit on the selling price while Q calculates it correctly on the cost price which is equal to 20%. What is the difference in their profits?
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5e84392241a4013349c16e43- 140false
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- 360true
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- 5None of thesefalse
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Answer : 3. "60"
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
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5efd532ceb90be58c591c03c- 1Rs. 664.50false
- 2Rs. 684.50false
- 3Rs. 704.50false
- 4Rs. 724.50true
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Answer : 4. "Rs. 724.50 "
Explanation :


