Profit and Loss Questions Practice Question and Answer
8 Q: If a man were to sell his chair for Rs. 720, he would loss 25 %. To gain 25% he should sell it for__
1717 05f1544c99a713b0717c7974f
5f1544c99a713b0717c7974f- 1Rs. 1,200true
- 2Rs. 1,000false
- 3Rs. 960false
- 4Rs. 900false
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Answer : 1. "Rs. 1,200"
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.
1716 15fc47671070eb7152d7e9cf7
5fc47671070eb7152d7e9cf7- 147false
- 252false
- 355false
- 457true
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Answer : 4. "57"
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.
1715 05e268e054064eb35eef6433a
5e268e054064eb35eef6433a- 112 %false
- 210.4 %true
- 316 %false
- 420 %false
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Answer : 2. "10.4 %"
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?
1714 05f30d194bcbb69394d1c8eb3
5f30d194bcbb69394d1c8eb3- 124.36false
- 222.14false
- 320.25false
- 418.41true
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Answer : 4. "18.41"
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
1707 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: Selling price of an article is $${7\over6}$$ of cost price. What is the profit percentage?
1705 05eb94f8064cb07648b62f9f5
5eb94f8064cb07648b62f9f5- 1$$14{7\over6}\% $$false
- 2$$12{1\over2}\% $$false
- 320%false
- 4$$16{2\over3}\% $$true
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Answer : 4. "$$16{2\over3}\% $$"
Q: A shopkeeper had 2000 kgs of rice. He sold a part of it at 11% profit and the rest at 17% profit, so that he made a total profit 15.2%. How much rice (in kgs) did he sell at 17% profit?
1704 05dca96a185d84c59cfba67a2
5dca96a185d84c59cfba67a2- 1600false
- 21400true
- 3700false
- 41200false
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Answer : 2. "1400"
Q: A shopkeeper sold his goods at half the list price and thus lost 20 %. If he had sold on the listed price, his gain percentage would be
1696 05efd3f4d7228dd6b06e2916a
5efd3f4d7228dd6b06e2916a- 120%false
- 260%true
- 335%false
- 472%false
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