Profit and Loss Questions Practice Question and Answer
8 Q: Chandu bought a watch at 20 percent discount on mark price but sold it at mark price. Find the percentage of profit.
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5fa695fd4e71ba46b01f13c6- 125 %true
- 220 %false
- 318 %false
- 430 %false
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Answer : 1. "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: 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: If Cost price of an article is Rs.220 and profit is 20 %, then what will be the selling price of the article?
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610c03c65697913e672d1bab- 1Rs. 264true
- 2Rs. 216false
- 3Rs. 176false
- 4Rs. 256false
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Answer : 1. "Rs. 264"
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:
1330 05efc76f2196e681f76eae97b
5efc76f2196e681f76eae97b- 1Rs . 120false
- 2Rs . 150false
- 3Rs . 100true
- 4Rs . 200false
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Answer : 3. "Rs . 100 "
Q: The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent.
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5f6329e9167e402436a6635c- 1$$ {9}{1\over 11}\%$$false
- 2$$ {10}{1\over 11}\%$$false
- 3$$ {11}{1\over 9}\%$$true
- 4$$ {12}{1\over 0}\%$$false
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Answer : 3. "$$ {11}{1\over 9}\%$$"
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%?
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60acc670d752621d4f9c7739- 120false
- 222false
- 328false
- 425true
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Answer : 4. "25 "
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)?
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649d86baab3c5fffc2eb6b91- 124false
- 227false
- 336false
- 433true
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