Profit and Loss Questions Practice Question and Answer
8 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?
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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 ?
1465 05ed9d0b4f528050f914ffb64
5ed9d0b4f528050f914ffb64- 187 %true
- 282 %false
- 392 %false
- 489 %false
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Answer : 1. " 87 % "
Q: A phone is sold for Rs. 860 at a loss of 20% for how much should it be sold gain 10%?
1459 0608fbda10ce9ec791f085873
608fbda10ce9ec791f085873- 1Rs.1182.5true
- 2Rs.1168.5false
- 3Rs.1092.5false
- 4Rs.1220.5false
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Answer : 1. "Rs.1182.5"
Q: If an article is sold at 200 % profit then the ratio of its cost price to its selling price will be
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5dcb89e2e9d33d6509bd9e1c- 11 : 2false
- 22 : 1false
- 31 : 3true
- 43 : 1false
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Answer : 3. "1 : 3 "
Q: A merchant has 1000 kg sugar, some part of which he sells at 8 % profit and the rest at 18 % profit. He gains 14 % on the whole. The quantity sold at 8 % profit is:
1443 05efd3fae7228dd6b06e29173
5efd3fae7228dd6b06e29173- 1400 kgtrue
- 2560 kgfalse
- 3600 kgfalse
- 4640 kgfalse
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Answer : 1. "400 kg"
Q: By selling an article for Rs. 450, I lose 20%. For what price should I sell it to gain 20% ?
1443 06246d9ec398e4a497b442d20
6246d9ec398e4a497b442d20- 1Rs. 470false
- 2Rs. 562.50false
- 3Rs. 490false
- 4Rs. 675true
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Answer : 4. "Rs. 675 "
Explanation :

Q: A store sells a watch for a profit of 25% of the cost. Then the percentage of profit against selling price is-
1441 061161e5f56340c20700ab605
61161e5f56340c20700ab605- 122%false
- 220%true
- 318%false
- 415%false
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Answer : 2. "20%"
Explanation :

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 %?
1425 05efd37377228dd6b06e28497
5efd37377228dd6b06e28497- 1Rs. 3.50false
- 2Rs. 3.60true
- 3Rs. 3.25false
- 4Rs. 3.30false
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