Profit and Loss Questions Practice Question and Answer
8 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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Answer : 4. "$$16{2\over3}\% $$"
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.
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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?
1613 06019060c6d6bae40a6361ab4
6019060c6d6bae40a6361ab4- 18.33%true
- 212.5%false
- 37.82%false
- 49.4%false
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Answer : 1. "8.33%"
Q: Arun purchased 30 kg. of rice at the rate of Rs. 17.50 per kg. and another Rs. 30 kg. at a certain rate. He mixed the two and sold the entire quantity at the rate Rs. 18.60 per kg. and made 20% overall profit. At what price per kg. did he pruchase the lot of another 30 kg. rice?
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605a967b281aeb2a4f44a211- 1Rs.11.50false
- 2Rs.12.00false
- 3Rs.14.50false
- 4Rs.13.50true
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Answer : 4. "Rs.13.50"
Q: Rahul purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?
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5f97fca4d433054b5c8ae755- 13.5false
- 24.5false
- 36.5false
- 45.6true
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Answer : 4. " 5.6"
Q: By Selling 90 pens for Rs. 80 a man loses 20%. What should be the selling price (in Rs.) of 90 pens for 20% profit?
1590 05ff9afc5eb74c178bf40c824
5ff9afc5eb74c178bf40c824- 190false
- 2100false
- 3110false
- 4120true
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Answer : 4. "120"
Q: The cost price of 60 articles is same as the selling price of x articles. If there is a profit of 20%, then what is the value of x?
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5f3f8f6d03c6925a59d346d4- 115false
- 250true
- 330false
- 480false
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Answer : 2. "50"
Q: If a manufacturer gains 10 percent, wholesaler 15 percent and retailer 25 percent, then the production cost of an article, whose retail price is Rs. 1,265, is
1577 05efc71058e73c352771d9cd7
5efc71058e73c352771d9cd7- 1Rs. 800true
- 2Rs. 900false
- 3Rs. 700false
- 4Rs. 750false
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