Profit and Loss Questions Practice Question and Answer
8 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: 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:
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6422573232185cce370796a3- 110%false
- 27.5%false
- 36.67%false
- 45%true
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Answer : 4. "5%"
Q: A man buys 12 articles for Rs. 12 /- and sells them at the rate of Rs.1.25 per article. His gain percentage is:
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5dbab0d733aa9436e0e60d77- 120false
- 225true
- 315false
- 418false
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Answer : 2. "25 "
Q: A merchant sells a radio at 10 % profit if he bought 10% less and sold it Rs.132 less then he got 10% profit. Find the cost price of radio?
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5ec7cd82112c8637e1b4fe6f- 11100false
- 21200true
- 31300false
- 41320false
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Answer : 2. "1200"
Q: A trader sells two items at the rate of Rs 400 each. If he gains 15% on one and losses 15% on other, then what is the value (in Rs) of loss?
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5f30d194bcbb69394d1c8eb3- 124.36false
- 222.14false
- 320.25false
- 418.41true
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Answer : 4. "18.41"
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
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5efc79a1eb90be58c59038e5- 1Rs . 32false
- 2Rs . 48false
- 3Rs . 36false
- 4Rs . 40true
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Answer : 4. "Rs . 40 "
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.
1544 05e268e054064eb35eef6433a
5e268e054064eb35eef6433a- 112 %false
- 210.4 %true
- 316 %false
- 420 %false
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Answer : 2. "10.4 %"
Q: From 2008 to 2009, the sales of a book decreased by 80%. If the sales in 2010 were the same as in 2008, by what percent did it increase from 2009 to 2010?
1537 05ff4106fd4181b48e8fa7240
5ff4106fd4181b48e8fa7240- 1120%false
- 2400%true
- 380%false
- 4100%false
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