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?
1462 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 Manoj buys 324 toffees for Rs 486, then how many toffees should he sell for Rs 90 to make 50% profit?
1456 0632861564ada076be650f6c0
632861564ada076be650f6c0- 140true
- 255false
- 360false
- 445false
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Answer : 1. "40"
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)?
1456 0649d86baab3c5fffc2eb6b91
649d86baab3c5fffc2eb6b91- 124false
- 227false
- 336false
- 433true
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Answer : 4. "33"
Q: If Cost price of an article is Rs.220 and profit is 20 %, then what will be the selling price of the article?
1452 0610c03c65697913e672d1bab
610c03c65697913e672d1bab- 1Rs. 264true
- 2Rs. 216false
- 3Rs. 176false
- 4Rs. 256false
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Answer : 1. "Rs. 264"
Q: By what fraction selling price ( S.P. ) must be multiplied to get the cost price ( C.P. ) if the loss is 20%?
1442 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: The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent.
1439 05f6329e9167e402436a6635c
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: The cost price of 27 articles is same as the selling price of 18 articles. What is the profit percent? 1436 060bf560ac40f0c12f4b8e2f5
60bf560ac40f0c12f4b8e2f5- 140%false
- 230%false
- 350%true
- 425%false
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Answer : 3. "50%"
Q: Chandu bought a watch at 20 percent discount on mark price but sold it at mark price. Find the percentage of profit.
1432 05fa695fd4e71ba46b01f13c6
5fa695fd4e71ba46b01f13c6- 125 %true
- 220 %false
- 318 %false
- 430 %false
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