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 ?
1824 05ed9d0b4f528050f914ffb64
5ed9d0b4f528050f914ffb64- 187 %true
- 282 %false
- 392 %false
- 489 %false
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Answer : 1. " 87 % "
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 %?
1817 05dd37b4cbfcbc45cddedd7e2
5dd37b4cbfcbc45cddedd7e2- 1Rs . 180false
- 2Rs . 183.3true
- 3Rs . 186.6false
- 4Rs . 190false
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Answer : 2. "Rs . 183.3 "
Q: By selling an article for Rs. 450, I lose 20%. For what price should I sell it to gain 20% ?
1815 06246d9ec398e4a497b442d20
6246d9ec398e4a497b442d20- 1Rs. 470false
- 2Rs. 562.50false
- 3Rs. 490false
- 4Rs. 675true
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Answer : 4. "Rs. 675 "
Explanation :

Q: A shopkeeper marks an article 24% above its cost price and allows a 15% discount on the marked price. If he earns a profit of Rs. 27 by selling the article, then the selling price of the article is:
1810 064f85038a910aab8f9ffdbf2
64f85038a910aab8f9ffdbf2- 1Rs. 522false
- 2Rs. 508false
- 3Rs. 527true
- 4Rs. 517false
- 5Rs. 817false
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Answer : 3. "Rs. 527"
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?
1810 0605c58b03af5ff63fd6b47eb
605c58b03af5ff63fd6b47eb- 19000false
- 28000false
- 312000false
- 410000true
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Answer : 4. "10000"
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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Answer : 4. "55350"
Q: What would be the printed price of a wallclock purchased at ₹380, so that after giving 5 % discount, there is 25 % profit?
1807 05e6b83310b8b1e6afc293a77
5e6b83310b8b1e6afc293a77- 1₹ 500true
- 2₹ 600false
- 3₹ 400false
- 4₹ 450false
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