Profit and Loss Questions Practice Question and Answer
8 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%?
1964 064479811cd6ea382cf821e76
64479811cd6ea382cf821e76- 1₹3,450true
- 2₹3,350false
- 3₹3,300false
- 4₹3,400false
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Answer : 1. "₹3,450"
Q: A man has 60 pens. He sells some of these at a profit of 12 % and the rest at 8 % loss. On the whole, he gets a profit 11 %. How many pens were sold at 12 % profit.
1964 15fc47671070eb7152d7e9cf7
5fc47671070eb7152d7e9cf7- 147false
- 252false
- 355false
- 457true
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Answer : 4. "57"
Q: Ratio of CP and SP is 12:13, then the profit percent is?
1959 06019060c6d6bae40a6361ab4
6019060c6d6bae40a6361ab4- 18.33%true
- 212.5%false
- 37.82%false
- 49.4%false
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Answer : 1. "8.33%"
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?
1958 05ebcd3e7106f3017d5fee94b
5ebcd3e7106f3017d5fee94b- 11,43,800true
- 22,00,000false
- 31,43,000false
- 41,35,800false
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Answer : 1. "1,43,800 "
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
1956 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: 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:
1954 06422573232185cce370796a3
6422573232185cce370796a3- 110%false
- 27.5%false
- 36.67%false
- 45%true
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Answer : 4. "5%"
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
1953 15efc79a1eb90be58c59038e5
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.
1951 05e268e054064eb35eef6433a
5e268e054064eb35eef6433a- 112 %false
- 210.4 %true
- 316 %false
- 420 %false
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