Profit and Loss Questions Practice Question and Answer
8 Q: Ratio of CP and SP is 12:13, then the profit percent is?
2068 06019060c6d6bae40a6361ab4
6019060c6d6bae40a6361ab4- 18.33%true
- 212.5%false
- 37.82%false
- 49.4%false
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Answer : 1. "8.33%"
Q: Last year Mr. A bought two paintings. This year he sold them for Rs. 20,000 each. On one, he made a 25 % profit and of the other he had a 25 % loss. Then his net profit or loss is
2051 05efd5101d4461c5b47d85bf4
5efd5101d4461c5b47d85bf4- 1He earned more than Rs. 2000false
- 2He earned less than Rs . 2000false
- 3He lost more than Rs. 2000true
- 4He lost more than Rs. 2000false
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Answer : 3. "He lost more than Rs. 2000 "
Q: The marked price of a table fan is ₹3,750 and is available to the retailer at a discount of 20%. At what price should the retailer sell it to earn a profit of 15%?
2047 064479811cd6ea382cf821e76
64479811cd6ea382cf821e76- 1₹3,450true
- 2₹3,350false
- 3₹3,300false
- 4₹3,400false
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Answer : 1. "₹3,450"
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?
2046 05f0ecea3f4c8bf4bad02134a
5f0ecea3f4c8bf4bad02134a- 110false
- 212false
- 39false
- 413true
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Answer : 4. "13 "
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?
2044 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 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?
2036 05e84392241a4013349c16e43
5e84392241a4013349c16e43- 140false
- 250false
- 360true
- 470false
- 5None of thesefalse
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Answer : 3. "60"
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.
2034 05e268e054064eb35eef6433a
5e268e054064eb35eef6433a- 112 %false
- 210.4 %true
- 316 %false
- 420 %false
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Answer : 2. "10.4 %"
Q: A businessman sells a commodity at 10 % profit. If he had bought it at 10 % less and sold it for Rs. 2 less, then he would have gained $$16{2\over3}\%$$. The cost price of the commodity is
2031 15efc79a1eb90be58c59038e5
5efc79a1eb90be58c59038e5- 1Rs . 32false
- 2Rs . 48false
- 3Rs . 36false
- 4Rs . 40true
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