Profit and Loss Questions Practice Question and Answer

Q:

If the cost price of 28 items is equal to the selling price of 21 items, what is the profit percentage?

1246 0

  • 1
    12 %
    Correct
    Wrong
  • 2
    $$ {33{1\over 3}}\%$$
    Correct
    Wrong
  • 3
    20 %
    Correct
    Wrong
  • 4
    22 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "$$ {33{1\over 3}}\%$$"

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.

1246 0

  • 1
    ₹4,500
    Correct
    Wrong
  • 2
    ₹5,400
    Correct
    Wrong
  • 3
    ₹4,600
    Correct
    Wrong
  • 4
    ₹4,200
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "₹4,600"

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%?   

1245 0

  • 1
    20
    Correct
    Wrong
  • 2
    22
    Correct
    Wrong
  • 3
    28
    Correct
    Wrong
  • 4
    25
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "25 "

Q: The cost price of 27 articles is same as the selling price of 18 articles. What is the profit percent? 1242 0

  • 1
    40%
    Correct
    Wrong
  • 2
    30%
    Correct
    Wrong
  • 3
    50%
    Correct
    Wrong
  • 4
    25%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "50%"

Q:

A man gain 15% by selling a calculator for a certain price. If he sells it at the triple price, then what will be the profit percentage?

1237 0

  • 1
    125
    Correct
    Wrong
  • 2
    175
    Correct
    Wrong
  • 3
    225
    Correct
    Wrong
  • 4
    245
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "245"

Q:

A & B jointly made a profit of Rs. 1650 and they decided to share it such that 1/3 of A's profit is equal to 2/5 of B's profit. Then profit of B is 

1235 0

  • 1
    Rs. 850
    Correct
    Wrong
  • 2
    Rs. 800
    Correct
    Wrong
  • 3
    Rs. 700
    Correct
    Wrong
  • 4
    Rs. 750
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "Rs. 750"

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

1234 0

  • 1
    12%
    Correct
    Wrong
  • 2
    15%
    Correct
    Wrong
  • 3
    22%
    Correct
    Wrong
  • 4
    32%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

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%? 

1230 0

  • 1
    $${5\over4}$$
    Correct
    Wrong
  • 2
    $${6\over5}$$
    Correct
    Wrong
  • 3
    $${4\over5}$$
    Correct
    Wrong
  • 4
    $${8\over5}$$
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. " $${5\over4}$$"

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully