Profit and Loss Questions Practice Question and Answer
8 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:
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60c09b39c197293a48275231- 1Rs.3000true
- 2Rs.3600false
- 3Rs. 3200false
- 4Rs. 3310false
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Answer : 1. "Rs.3000"
Q: A trade buys 800 kgs of tomatoes for Rs 7200. 10% tomatoes are damaged in transportation. At what rate (Rs / kg) should he sell the rest earn 30 % profit?
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5f0ecea3f4c8bf4bad02134a- 110false
- 212false
- 39false
- 413true
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Answer : 4. "13 "
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: 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?
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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 an article is ₹390. If it is to be sold at a profit of 3.12 %, how much would be its approximate selling price?
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Answer : 2. "402 ₹"
Q: A man bought a chair for ₹580. At what price should he sell the chair so as to gain 25%?
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6428210fdcb650c145720e76- 1₹1,080false
- 2₹725true
- 3₹590false
- 4₹820false
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Answer : 2. "₹725 "
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?
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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: Cost of 8 pencils, 5 pens and 3 erasers is Rs.111. Cost of 9 pencils, 6 pens and 5 erasers is Rs.130. Cost of 16 pencils, 11 pens and 3 erases is Rs. 221 What is the Cost (in Rs) of 39 pencil , 26 pens and 13 erasers ?
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- 2624false
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