Profit and Loss Questions Practice Question and Answer
8 Q: If a man were to sell his chair for Rs. 720, he would loss 25 %. To gain 25% he should sell it for__
1217 05f1544c99a713b0717c7974f
5f1544c99a713b0717c7974f- 1Rs. 1,200true
- 2Rs. 1,000false
- 3Rs. 960false
- 4Rs. 900false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 1,200"
Q: If an article is sold at 200 % profit then the ratio of its cost price to its selling price will be
1216 05dcb89e2e9d33d6509bd9e1c
5dcb89e2e9d33d6509bd9e1c- 11 : 2false
- 22 : 1false
- 31 : 3true
- 43 : 1false
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "1 : 3 "
Q: A man bought 20 dozen eggs for Rs. 720. What should be the selling price of each egg if he wants to make a profit of 20 %?
1215 05efd37377228dd6b06e28497
5efd37377228dd6b06e28497- 1Rs. 3.50false
- 2Rs. 3.60true
- 3Rs. 3.25false
- 4Rs. 3.30false
- Show Answer
- Workspace
- SingleChoice
Answer : 2. "Rs. 3.60"
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?
1195 0611f6b0dc5945f0fc869932f
611f6b0dc5945f0fc869932f- 1Rs. 80true
- 2Rs. 50false
- 3Rs. 75false
- 4Rs. 60false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 80"
Q: A person has 12 bananas for Rs 24. Sell in So he got the benefit of 25 percent. How many bananas he buy in Rs. 40?
1185 060373d3ccd43d04a8f4a7767
60373d3ccd43d04a8f4a7767- 130false
- 225true
- 340false
- 445false
- Show Answer
- Workspace
- SingleChoice
Answer : 2. "25"
Q: If Cost price of an article is Rs.220 and profit is 20 %, then what will be the selling price of the article?
1179 0610c03c65697913e672d1bab
610c03c65697913e672d1bab- 1Rs. 264true
- 2Rs. 216false
- 3Rs. 176false
- 4Rs. 256false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 264"
Q: Chandu bought a watch at 20 percent discount on mark price but sold it at mark price. Find the percentage of profit.
1158 05fa695fd4e71ba46b01f13c6
5fa695fd4e71ba46b01f13c6- 125 %true
- 220 %false
- 318 %false
- 430 %false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "25 % "
Q: By selling an article for Rs. 450, I lose 20%. For what price should I sell it to gain 20% ?
1157 06246d9ec398e4a497b442d20
6246d9ec398e4a497b442d20- 1Rs. 470false
- 2Rs. 562.50false
- 3Rs. 490false
- 4Rs. 675true
- Show Answer
- Workspace
- SingleChoice