Profit and Loss Questions Practice Question and Answer
8 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.
1778 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: Kuldeep sells an article for ₹ 3240 and earns a profit of 20%. What is the cost price of the article?
1771 0603363b0ed952b1532dcf426
603363b0ed952b1532dcf426- 1₹ 2750false
- 2₹ 2700true
- 3₹ 2800false
- 4₹ 2820false
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Answer : 2. "₹ 2700"
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
1768 05f6d8bdfff25c92a085a9596
5f6d8bdfff25c92a085a9596- 120false
- 216true
- 325false
- 430false
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Answer : 2. "16"
Q: If apples are bought at the rate of 30 for a rupee. How many apples must be sold for a rupee to gain 20%?
1758 060acc670d752621d4f9c7739
60acc670d752621d4f9c7739- 120false
- 222false
- 328false
- 425true
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Answer : 4. "25 "
Q: An article is sold at a profit of 20% of its cost price. If cost price and selling price reduces by Rs 10 and Rs. 5 respectively, then the percentage profit increased to 30%. Find the cost price?
1750 0611f6b0dc5945f0fc869932f
611f6b0dc5945f0fc869932f- 1Rs. 80true
- 2Rs. 50false
- 3Rs. 75false
- 4Rs. 60false
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Answer : 1. "Rs. 80"
Q: A vendor buys bananas at 12 for 45 and sells at 5 for 35. What will be the gain ?
1747 05ed9d0b4f528050f914ffb64
5ed9d0b4f528050f914ffb64- 187 %true
- 282 %false
- 392 %false
- 489 %false
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Answer : 1. " 87 % "
Q: What would be the printed price of a wallclock purchased at ₹380, so that after giving 5 % discount, there is 25 % profit?
1742 05e6b83310b8b1e6afc293a77
5e6b83310b8b1e6afc293a77- 1₹ 500true
- 2₹ 600false
- 3₹ 400false
- 4₹ 450false
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Answer : 1. "₹ 500 "
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?
1739 0605c58b03af5ff63fd6b47eb
605c58b03af5ff63fd6b47eb- 19000false
- 28000false
- 312000false
- 410000true
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