Profit and Loss Questions Practice Question and Answer
8 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?
1384 064131124b34a0b67fce4d0ef
64131124b34a0b67fce4d0ef- 148 : 39 : 28true
- 234 : 54 : 12false
- 324 : 39 : 14false
- 456 : 26 : 21false
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Answer : 1. "48 : 39 : 28"
Q: If Cost price of an article is Rs.220 and profit is 20 %, then what will be the selling price of the article?
1383 0610c03c65697913e672d1bab
610c03c65697913e672d1bab- 1Rs. 264true
- 2Rs. 216false
- 3Rs. 176false
- 4Rs. 256false
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Answer : 1. "Rs. 264"
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)?
1376 0649d86baab3c5fffc2eb6b91
649d86baab3c5fffc2eb6b91- 124false
- 227false
- 336false
- 433true
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Answer : 4. "33"
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:
1375 064f85038a910aab8f9ffdbf2
64f85038a910aab8f9ffdbf2- 1Rs. 522false
- 2Rs. 508false
- 3Rs. 527true
- 4Rs. 517false
- 5Rs. 817false
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Answer : 3. "Rs. 527"
Q: If Manoj buys 324 toffees for Rs 486, then how many toffees should he sell for Rs 90 to make 50% profit?
1373 0632861564ada076be650f6c0
632861564ada076be650f6c0- 140true
- 255false
- 360false
- 445false
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Answer : 1. "40"
Q: Anil bought two articles A and B at a total cost of ₹ 10,000. He sold the article A at 15% profit and the actacle B at 10% loss. In the whole deal, be made no profit or no loss. Find the selling price of the article A.
1366 064ccda74b6a5e472e27fbd48
64ccda74b6a5e472e27fbd48- 1₹4,500false
- 2₹5,400false
- 3₹4,600true
- 4₹4,200false
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Answer : 3. "₹4,600"
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?
1365 05f9be27ad433054b5ca00be6
5f9be27ad433054b5ca00be6- 1$$ {6\ {2\over 3}}$$true
- 2$$ {8\ {1\over 3}}$$false
- 310false
- 415false
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Answer : 1. "$$ {6\ {2\over 3}}$$"
Q: Krishnan bought a camera and paid 20% less than its original price. He sold it at 40% profit on the price he had paid. The percentage of profit earned by Krishnan on the original price was
1362 06246ca90e6c50b4b29b7ed1d
6246ca90e6c50b4b29b7ed1d- 112%true
- 215%false
- 322%false
- 432%false
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Answer : 1. "12% "
Explanation :


