Profit and Loss Questions Practice Question and Answer
8 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:
1661 064f85038a910aab8f9ffdbf2
64f85038a910aab8f9ffdbf2- 1Rs. 522false
- 2Rs. 508false
- 3Rs. 527true
- 4Rs. 517false
- 5Rs. 817false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 527"
Q: If an article is sold at 200 % profit then the ratio of its cost price to its selling price will be
1660 05dcb89e2e9d33d6509bd9e1c
5dcb89e2e9d33d6509bd9e1c- 11 : 2false
- 22 : 1false
- 31 : 3true
- 43 : 1false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "1 : 3 "
Q: If Manoj buys 324 toffees for Rs 486, then how many toffees should he sell for Rs 90 to make 50% profit?
1641 0632861564ada076be650f6c0
632861564ada076be650f6c0- 140true
- 255false
- 360false
- 445false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "40"
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 %?
1640 05efd37377228dd6b06e28497
5efd37377228dd6b06e28497- 1Rs. 3.50false
- 2Rs. 3.60true
- 3Rs. 3.25false
- 4Rs. 3.30false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs. 3.60"
Q: A dishonest dealer marks up his goods by 50% and then gives a discount of 20% on the marked price. Apart from this, he uses a faulty balance which reads 1kg for 900 gm. What is his net profit percentage (rounded off to the nearest integer)?
1639 0649d86baab3c5fffc2eb6b91
649d86baab3c5fffc2eb6b91- 124false
- 227false
- 336false
- 433true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "33"
Q: A shopkeeper gains 20 percent by giving a discount of 10 percent of the marked price of a toy. If he had given a discount of 20 percent, then what would be his profit percentage?
1625 05f9be27ad433054b5ca00be6
5f9be27ad433054b5ca00be6- 1$$ {6\ {2\over 3}}$$true
- 2$$ {8\ {1\over 3}}$$false
- 310false
- 415false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "$$ {6\ {2\over 3}}$$"
Q: A shopkeeper bought 80 pens in Rs. 400. He sold 40 pens at 60% profit and sold the remaining pens at 20% profit. If he had sold all the pens at a 15% profit, how much less profit would he have made?
1623 064e5efca60749cb6f2e600e0
64e5efca60749cb6f2e600e0- 1Rs. 65false
- 2Rs. 80false
- 3Rs. 100true
- 4Rs. 120false
- 5Rs. 150false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 100"
Q: Mohan bought 25 books for Rs. 2,000 and sold them at a profit equal to the selling price of 5 books. The selling price of 1 book is:
1623 05efc76f2196e681f76eae97b
5efc76f2196e681f76eae97b- 1Rs . 120false
- 2Rs . 150false
- 3Rs . 100true
- 4Rs . 200false
- Show AnswerHide Answer
- Workspace
- SingleChoice

