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?
1801 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: From 2008 to 2009, the sales of a book decreased by 80%. If the sales in 2010 were the same as in 2008, by what percent did it increase from 2009 to 2010?
1799 05ff4106fd4181b48e8fa7240
5ff4106fd4181b48e8fa7240- 1120%false
- 2400%true
- 380%false
- 4100%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "400%"
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?
1797 05f97fca4d433054b5c8ae755
5f97fca4d433054b5c8ae755- 13.5false
- 24.5false
- 36.5false
- 45.6true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. " 5.6"
Q: A shopkeeper bought goods for Rs. 2025. He sold $$ {1\over 5}$$ th of it at 20% profit and the remaining at the profit of 5%, the profit per cent on the whole is
1786 05feda2d5d6478d501619b9f4
5feda2d5d6478d501619b9f4- 16%false
- 27%false
- 36.5%false
- 48%true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "8%"
Q: A store sells a watch for a profit of 25% of the cost. Then the percentage of profit against selling price is-
1780 061161e5f56340c20700ab605
61161e5f56340c20700ab605- 122%false
- 220%true
- 318%false
- 415%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "20%"
Explanation :

Q: Vinayak bought an item and sold it at a loss of 5%. If he had bought it for 10% less and sold it for Rs.390 more, he would have had a profit of 20%, find the cost price of item.
1776 05f2e3ff48c86ab1da0005995
5f2e3ff48c86ab1da0005995- 1Rs. 3300false
- 2Rs. 3600false
- 3Rs. 3200false
- 4Rs. 3000true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Rs. 3000"
Q: A and B invest in a business in the ratio 3:2. If 5% of the total profit goes to charity and A’s share is Rs.855, the total profit is:
1774 05ee056528c4c964f73d774b5
5ee056528c4c964f73d774b5- 1Rs. 1425false
- 2Rs. 1500true
- 3Rs. 1537.50false
- 4Rs.1576false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs. 1500"
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?
1770 05f803b0be8f8143228973ff3
5f803b0be8f8143228973ff3- 136000false
- 245000false
- 339000false
- 440000true
- Show AnswerHide Answer
- Workspace
- SingleChoice

