Profit and Loss Questions Practice Question and Answer
8 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?
1546 064e5efca60749cb6f2e600e0
64e5efca60749cb6f2e600e0- 1Rs. 65false
- 2Rs. 80false
- 3Rs. 100true
- 4Rs. 120false
- 5Rs. 150false
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Answer : 3. "Rs. 100"
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)?
1545 0649d86baab3c5fffc2eb6b91
649d86baab3c5fffc2eb6b91- 124false
- 227false
- 336false
- 433true
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Answer : 4. "33"
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?
1539 0648186e051bf19475306ca57
648186e051bf19475306ca57- 1Rs.400false
- 2Rs.350false
- 3Rs.200false
- 4Rs.300true
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Answer : 4. "Rs.300"
Q: By what fraction selling price ( S.P. ) must be multiplied to get the cost price ( C.P. ) if the loss is 20%?
1535 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: If Cost price of an article is Rs.220 and profit is 20 %, then what will be the selling price of the article?
1527 0610c03c65697913e672d1bab
610c03c65697913e672d1bab- 1Rs. 264true
- 2Rs. 216false
- 3Rs. 176false
- 4Rs. 256false
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Answer : 1. "Rs. 264"
Q: The cost price of 27 articles is same as the selling price of 18 articles. What is the profit percent? 1523 060bf560ac40f0c12f4b8e2f5
60bf560ac40f0c12f4b8e2f5- 140%false
- 230%false
- 350%true
- 425%false
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Answer : 3. "50%"
Q: A merchant has 1000 kg sugar, some part of which he sells at 8 % profit and the rest at 18 % profit. He gains 14 % on the whole. The quantity sold at 8 % profit is:
1521 05efd3fae7228dd6b06e29173
5efd3fae7228dd6b06e29173- 1400 kgtrue
- 2560 kgfalse
- 3600 kgfalse
- 4640 kgfalse
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Answer : 1. "400 kg"
Q: There is 10% loss if an article is sold at Rs. 270. Then the cost price of the article is
1511 06246d8fca008a64dd39f1ce3
6246d8fca008a64dd39f1ce3- 1Rs 320true
- 2Rs. 250false
- 3Rs. 300false
- 4Rs. 270false
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Answer : 1. "Rs 320 "
Explanation :


