Profit and Loss Questions Practice Question and Answer
8 Q: The cost price of item B is Rs. 150/- more than the cost price of item A. Item A was sold at a profit of 10% and item B was sold at a loss of 20%. If the respective ratio of selling prices of items A and B is 11 : 12, what is the cost price of item B?
1640 161cdbab5edcf9307082e58bb
61cdbab5edcf9307082e58bb- 1Rs. 450/-true
- 2Rs. 420/-false
- 3Rs. 400/-false
- 4Rs. 350/-false
- 5Rs. 480/-false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 450/-"
Q: By selling an article for Rs. 700 a man lost 30 %. At what price should he have sold it to gain 30%?
1640 05dcb847345ad6b59c82cf7a7
5dcb847345ad6b59c82cf7a7- 1Rs . 910false
- 2Rs . 1200false
- 3Rs . 1232false
- 4Rs . 1300true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Rs . 1300 "
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?
1638 05f3f8f6d03c6925a59d346d4
5f3f8f6d03c6925a59d346d4- 115false
- 250true
- 330false
- 480false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "50"
Q: A scooter was purchased for Rs 30,000 and Rs 3,000 was spent to repair it. It was sold for Rs 39,600. What was the profit percentage?
1633 05f6d86d1f9079a64e3bed9f3
5f6d86d1f9079a64e3bed9f3- 115false
- 220true
- 325false
- 410false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "20"
Q: Arun bought an old computer and spent ₹110 on its repairs. He then sold it to Bhola at a profit of 20%. Bhola sold it to Chandan at a loss of 10%. Chandan finally sold it for ₹1,188 at a profit of 10%. How much did Arun buy the computer for?
1626 06413144d67ad957a977a8e65
6413144d67ad957a977a8e65- 1₹890true
- 2₹640false
- 3₹750false
- 4₹1,050false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "₹890"
Q: What is the discount rate of a gift whose selling price is Rs. 420 after a reduction of Rs. 60 on its marked price ?
1624 05e3252331f73627362281714
5e3252331f73627362281714- 110.5false
- 212.5true
- 314.5false
- 413.5false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "12.5"
Q: A car worth Rs 30,000 was sold by A to B at 10 % profit. B sold the car back to A at 5 % loss. In the entire transaction.
1608 05f2cfe55be9f31290fb86bc9
5f2cfe55be9f31290fb86bc9- 1A gain Rs 1500false
- 2A loss Rs 1500false
- 3A gain Rs. 1650true
- 4A gain Rs. 1850false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "A gain Rs. 1650"
Q: A shopkeeper allows 25% discount on his advertised price and to make a profit 25% on his outlay. What is the advertised price (in Rs.) on which he gains Rs. 6000?
1607 05f803b0be8f8143228973ff3
5f803b0be8f8143228973ff3- 136000false
- 245000false
- 339000false
- 440000true
- Show AnswerHide Answer
- Workspace
- SingleChoice

