Profit and Loss Questions Practice Question and Answer
8 Q: If the cost price of 28 items is equal to the selling price of 21 items, what is the profit percentage?
1314 05fb39a0fcb95815ec70d6877
5fb39a0fcb95815ec70d6877- 112 %false
- 2$$ {33{1\over 3}}\%$$true
- 320 %false
- 422 %false
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Answer : 2. "$$ {33{1\over 3}}\%$$"
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?
1314 064e5efca60749cb6f2e600e0
64e5efca60749cb6f2e600e0- 1Rs. 65false
- 2Rs. 80false
- 3Rs. 100true
- 4Rs. 120false
- 5Rs. 150false
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Answer : 3. "Rs. 100"
Q: If Manoj buys 324 toffees for Rs 486, then how many toffees should he sell for Rs 90 to make 50% profit?
1307 0632861564ada076be650f6c0
632861564ada076be650f6c0- 140true
- 255false
- 360false
- 445false
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Answer : 1. "40"
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
1307 06246ca90e6c50b4b29b7ed1d
6246ca90e6c50b4b29b7ed1d- 112%true
- 215%false
- 322%false
- 432%false
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Answer : 1. "12% "
Explanation :

Q: By what fraction selling price ( S.P. ) must be multiplied to get the cost price ( C.P. ) if the loss is 20%?
1306 05efd51677228dd6b06e2c96e
5efd51677228dd6b06e2c96e- 1$${5\over4}$$true
- 2$${6\over5}$$false
- 3$${4\over5}$$false
- 4$${8\over5}$$false
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Answer : 1. " $${5\over4}$$"
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.
1305 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 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?
1303 064131124b34a0b67fce4d0ef
64131124b34a0b67fce4d0ef- 148 : 39 : 28true
- 234 : 54 : 12false
- 324 : 39 : 14false
- 456 : 26 : 21false
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Answer : 1. "48 : 39 : 28"
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:
1289 064f85038a910aab8f9ffdbf2
64f85038a910aab8f9ffdbf2- 1Rs. 522false
- 2Rs. 508false
- 3Rs. 527true
- 4Rs. 517false
- 5Rs. 817false
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