Profit and Loss Questions Practice Question and Answer
8 Q: The cost price of an article is Rs. 480. If it is sold at a profit of 12.5 percent, what will be the selling price of the article?
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5f1aa68498004644da94fca3- 1Rs. 500false
- 2Rs.560false
- 3Rs. 540true
- 4Rs.492.5false
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Answer : 3. "Rs. 540"
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
1454 15efd532ceb90be58c591c03c
5efd532ceb90be58c591c03c- 1Rs. 664.50false
- 2Rs. 684.50false
- 3Rs. 704.50false
- 4Rs. 724.50true
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Answer : 4. "Rs. 724.50 "
Explanation :
Q: A man bought a chair for ₹580. At what price should he sell the chair so as to gain 25%?
1448 06428210fdcb650c145720e76
6428210fdcb650c145720e76- 1₹1,080false
- 2₹725true
- 3₹590false
- 4₹820false
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Answer : 2. "₹725 "
Q: By selling 66 metres cloth, a man loses S.P. of 11 metres. What is the loss percent?
1448 060b60cc93065e2501934e6da
60b60cc93065e2501934e6da- 1true
- 2false
- 3false
- 4false
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Answer : 1. " "
Q: If Jhanavi borrowed Rs.1,25,000 at 8% compounded, what will be the amount to be paid back at the end of 2 years?
1440 05ebcd3e7106f3017d5fee94b
5ebcd3e7106f3017d5fee94b- 11,43,800true
- 22,00,000false
- 31,43,000false
- 41,35,800false
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Answer : 1. "1,43,800 "
Q: The cost price of 12 pens is equal to the selling price of 8 pens. The profit percentage is:
1433 0609f9ba56397877f3199dea2
609f9ba56397877f3199dea2- 150 %true
- 240 %false
- 355 %false
- 445 %false
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Answer : 1. "50 %"
Q: Ranveer bought a computer paying 25% less than the list price and sold it to his neighbour at a 40% profit on his purchase cost. The profit percentage earned by Ranveer on the list price of the computer is:
1428 06422573232185cce370796a3
6422573232185cce370796a3- 110%false
- 27.5%false
- 36.67%false
- 45%true
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Answer : 4. "5%"
Q: A tradesman marks his goods at 20 % above the cost price. He allows his customers a discount of 8% on marked price. Find out his profit percent.
1425 05e268e054064eb35eef6433a
5e268e054064eb35eef6433a- 112 %false
- 210.4 %true
- 316 %false
- 420 %false
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