Profit and Loss Questions Practice Question and Answer
8 Q: A trader makes a profit equal to the selling price of 75 articles when he sold 100 of the articles . What % profit did he make in the transaction?
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60f7d47d3ca0726dff34f56c- 1300%true
- 2150%false
- 333.33%false
- 475%false
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Answer : 1. "300% "
Q: What would be the printed price of a wallclock purchased at ₹380, so that after giving 5 % discount, there is 25 % profit?
1680 05e6b83310b8b1e6afc293a77
5e6b83310b8b1e6afc293a77- 1₹ 500true
- 2₹ 600false
- 3₹ 400false
- 4₹ 450false
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Answer : 1. "₹ 500 "
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%?
1673 060acc670d752621d4f9c7739
60acc670d752621d4f9c7739- 120false
- 222false
- 328false
- 425true
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Answer : 4. "25 "
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 %?
1672 05dd37b4cbfcbc45cddedd7e2
5dd37b4cbfcbc45cddedd7e2- 1Rs . 180false
- 2Rs . 183.3true
- 3Rs . 186.6false
- 4Rs . 190false
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Answer : 2. "Rs . 183.3 "
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: 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?
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60373d3ccd43d04a8f4a7767- 130false
- 225true
- 340false
- 445false
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Answer : 2. "25"
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?
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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: By selling an article for Rs. 450, I lose 20%. For what price should I sell it to gain 20% ?
1661 06246d9ec398e4a497b442d20
6246d9ec398e4a497b442d20- 1Rs. 470false
- 2Rs. 562.50false
- 3Rs. 490false
- 4Rs. 675true
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Answer : 4. "Rs. 675 "
Explanation :


