Profit and Loss Questions Practice Question and Answer
8 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: 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
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Answer : 1. "25"
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?
2031 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: A dealer buys a table listed at Rs 1,500 and gets successive discounts of 20% and 10%. He spends Rs. 20 on transportation and sells it at a profit of 20%. The selling price of the table is
2002 060112fff178b94051cea1628
60112fff178b94051cea1628- 1Rs.1320true
- 2Rs.1350false
- 3Rs.1360false
- 4Rs.1380false
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Answer : 1. "Rs.1320 "
Explanation :

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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600939c4a41f3f2fa41e9ee4- 1316false
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Answer : 3. "546"
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
- 250false
- 360true
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Answer : 3. "60"
Q: If a man were to sell his chair for Rs. 720, he would loss 25 %. To gain 25% he should sell it for__
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5f1544c99a713b0717c7974f- 1Rs. 1,200true
- 2Rs. 1,000false
- 3Rs. 960false
- 4Rs. 900false
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Answer : 1. "Rs. 1,200"
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
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