Profit and Loss Questions Practice Question and Answer
8 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
1879 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: Ratio of CP and SP is 12:13, then the profit percent is?
1878 06019060c6d6bae40a6361ab4
6019060c6d6bae40a6361ab4- 18.33%true
- 212.5%false
- 37.82%false
- 49.4%false
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Answer : 1. "8.33%"
Q: The cost price of an article is ₹390. If it is to be sold at a profit of 3.12 %, how much would be its approximate selling price?
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5df222db0183ea49d62dc550- 1410 ₹false
- 2402 ₹true
- 3417 ₹false
- 4420 ₹false
- 5442 ₹false
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Answer : 2. "402 ₹"
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 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?
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5dca96a185d84c59cfba67a2- 1600false
- 21400true
- 3700false
- 41200false
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Answer : 2. "1400"
Q: The cost price of an article is Rs. 480. If it is sold at a profit of 12.5 percent, what will be the selling price of the article?
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5f1aa68498004644da94fca3- 1Rs. 500false
- 2Rs.560false
- 3Rs. 540true
- 4Rs.492.5false
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Answer : 3. "Rs. 540"
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: Selling price of an article is $${7\over6}$$ of cost price. What is the profit percentage?
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5eb94f8064cb07648b62f9f5- 1$$14{7\over6}\% $$false
- 2$$12{1\over2}\% $$false
- 320%false
- 4$$16{2\over3}\% $$true
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