Profit and Loss Questions Practice Question and Answer
8 Q: Sarita started a boutique investing an amount of 50,000. Six months later Neeta joined her with an amount of 80,000. At the end of one year they earned a profit of 18,000. What is the Sarita’s share in the profit?
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605c58b03af5ff63fd6b47eb- 19000false
- 28000false
- 312000false
- 410000true
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Answer : 4. "10000"
Q: The price of 6 pencils is Rs. 30 and that of 12 pens is Rs. 120. What is the average price of 50 pencils and 50 pens?
1568 05f9a9ce13149fe41bd5f7c05
5f9a9ce13149fe41bd5f7c05- 1Rs. 6.75false
- 2Rs. 7.5true
- 3Rs. 5false
- 4Rs. 5.75false
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Answer : 2. "Rs. 7.5 "
Q: An article is sold at 5 % profit. The ratio of selling price and cost price will be
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5dcb8a4385d84c59cfbb8aaf- 11 : 5false
- 220 : 21false
- 321 : 20true
- 45 : 1false
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Answer : 3. "21 : 20 "
Q: Raghu sold an article for Rs. 180 after allowing a 20% discount on its marked price. Had he not allowed any discount, he would have gained 20%. What is the cost price of the article?
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5fbf7d5290530f6255a1b994- 1187.50true
- 2192.80false
- 3188.60false
- 4190.40false
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Answer : 1. "187.50"
Q: What would be the printed price of a wallclock purchased at ₹380, so that after giving 5 % discount, there is 25 % profit?
1552 05e6b83310b8b1e6afc293a77
5e6b83310b8b1e6afc293a77- 1₹ 500true
- 2₹ 600false
- 3₹ 400false
- 4₹ 450false
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Answer : 1. "₹ 500 "
Q: A trader purchased a gift box for Rs. 150. What should be the marked price on the gift box so that after allowing a discount of 10 %, he makes a profit of 10 %?
1551 05dd37b4cbfcbc45cddedd7e2
5dd37b4cbfcbc45cddedd7e2- 1Rs . 180false
- 2Rs . 183.3true
- 3Rs . 186.6false
- 4Rs . 190false
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Answer : 2. "Rs . 183.3 "
Q: A phone is sold for Rs. 860 at a loss of 20% for how much should it be sold gain 10%?
1545 0608fbda10ce9ec791f085873
608fbda10ce9ec791f085873- 1Rs.1182.5true
- 2Rs.1168.5false
- 3Rs.1092.5false
- 4Rs.1220.5false
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Answer : 1. "Rs.1182.5"
Q: While selling an article for Rs 18450, a person suffered a loss of 50%. At what price he should have sold the article (in Rs) to earn a profit of 50%?
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5f3f8e269ab97f7febf641f0- 113837false
- 252000false
- 356775false
- 455350true
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