Profit and Loss Questions Practice Question and Answer

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 %? 

1718 0

  • 1
    Rs . 180
    Correct
    Wrong
  • 2
    Rs . 183.3
    Correct
    Wrong
  • 3
    Rs . 186.6
    Correct
    Wrong
  • 4
    Rs . 190
    Correct
    Wrong
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Answer : 2. "Rs . 183.3 "

Q:

Raghu sold an article for Rs. 180 after allowing a 20% discount on its marked price. Had he not allowed any discount, he would have gained 20%. What is the cost price of the article?

1709 0

  • 1
    187.50
    Correct
    Wrong
  • 2
    192.80
    Correct
    Wrong
  • 3
    188.60
    Correct
    Wrong
  • 4
    190.40
    Correct
    Wrong
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Answer : 1. "187.50"

Q:

If Manoj buys 324 toffees for Rs 486, then how many toffees should he sell for Rs 90 to make 50% profit?

1706 0

  • 1
    40
    Correct
    Wrong
  • 2
    55
    Correct
    Wrong
  • 3
    60
    Correct
    Wrong
  • 4
    45
    Correct
    Wrong
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Answer : 1. "40"

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?

1700 0

  • 1
    30
    Correct
    Wrong
  • 2
    25
    Correct
    Wrong
  • 3
    40
    Correct
    Wrong
  • 4
    45
    Correct
    Wrong
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Answer : 2. "25"

Q:

If an article is sold at 200 % profit then the ratio of its cost price to its selling price will be 

1700 0

  • 1
    1 : 2
    Correct
    Wrong
  • 2
    2 : 1
    Correct
    Wrong
  • 3
    1 : 3
    Correct
    Wrong
  • 4
    3 : 1
    Correct
    Wrong
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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 %? 

1674 0

  • 1
    Rs. 3.50
    Correct
    Wrong
  • 2
    Rs. 3.60
    Correct
    Wrong
  • 3
    Rs. 3.25
    Correct
    Wrong
  • 4
    Rs. 3.30
    Correct
    Wrong
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Answer : 2. "Rs. 3.60"

Q:

A shopkeeper buys three products a, b, c and sells them at 20%, 30%, 40% profit, respectively. What is ratio of the selling price of these products, if the ratio of their cost prices is 4:3 :2?

1671 0

  • 1
    48 : 39 : 28
    Correct
    Wrong
  • 2
    34 : 54 : 12
    Correct
    Wrong
  • 3
    24 : 39 : 14
    Correct
    Wrong
  • 4
    56 : 26 : 21
    Correct
    Wrong
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Answer : 1. "48 : 39 : 28"

Q:

A watch is sold at a profit of 25%. Had it been sold for Rs.120 less then, there would have been a less then of 15%. What is the cost price in rupees?

1670 0

  • 1
    Rs.400
    Correct
    Wrong
  • 2
    Rs.350
    Correct
    Wrong
  • 3
    Rs.200
    Correct
    Wrong
  • 4
    Rs.300
    Correct
    Wrong
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Answer : 4. "Rs.300"

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