Profit and Loss Questions Practice Question and Answer
8 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?
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5f803b0be8f8143228973ff3- 136000false
- 245000false
- 339000false
- 440000true
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Answer : 4. "40000"
Q: Kuldeep sells an article for ₹ 3240 and earns a profit of 20%. What is the cost price of the article?
1849 0603363b0ed952b1532dcf426
603363b0ed952b1532dcf426- 1₹ 2750false
- 2₹ 2700true
- 3₹ 2800false
- 4₹ 2820false
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Answer : 2. "₹ 2700"
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.
1845 05f2cfe55be9f31290fb86bc9
5f2cfe55be9f31290fb86bc9- 1A gain Rs 1500false
- 2A loss Rs 1500false
- 3A gain Rs. 1650true
- 4A gain Rs. 1850false
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Answer : 3. "A gain Rs. 1650"
Q: There is 10% loss if an article is sold at Rs. 270. Then the cost price of the article is
1843 06246d8fca008a64dd39f1ce3
6246d8fca008a64dd39f1ce3- 1Rs 320true
- 2Rs. 250false
- 3Rs. 300false
- 4Rs. 270false
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Answer : 1. "Rs 320 "
Explanation :

Q: A dishonest dealer marks up his goods by 50% and then gives a discount of 20% on the marked price. Apart from this, he uses a faulty balance which reads 1kg for 900 gm. What is his net profit percentage (rounded off to the nearest integer)?
1838 0649d86baab3c5fffc2eb6b91
649d86baab3c5fffc2eb6b91- 124false
- 227false
- 336false
- 433true
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Answer : 4. "33"
Q: A man sells two chairs at Rs. 120 each and by doing so he gains 25% on one chair and loses 25% on the other. His loss on the whole in Rs.is
1834 05f6d8bdfff25c92a085a9596
5f6d8bdfff25c92a085a9596- 120false
- 216true
- 325false
- 430false
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Answer : 2. "16"
Q:Direction: A shopkeeper has some kg. rice of same price. He sold 150 kg. rice at 25 Rs. per kg. and earned a profit of 25%, another 180 kg. rice is sold at a profit of 20% and rest are sold at a loss of 10%. If the shopkeeper earns Rs. 1230 profit on all the rice that he has sold then answers the following question:
What is the total quantity of rice that the shopkeeper has?
1832 05eb1145b8870e50a27e0ebd0
5eb1145b8870e50a27e0ebd0- 1400 kg.false
- 2450 kg.true
- 3500 kg.false
- 4480 kg.false
- 5None of thesefalse
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Answer : 2. "450 kg."
Q: If Manoj buys 324 toffees for Rs 486, then how many toffees should he sell for Rs 90 to make 50% profit?
1829 0632861564ada076be650f6c0
632861564ada076be650f6c0- 140true
- 255false
- 360false
- 445false
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