Profit and Loss Questions Practice Question and Answer

Q:

If Cost price of an article is Rs.220 and profit is 20 %, then what will be the selling price of the article?

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  • 1
    Rs. 264
    Correct
    Wrong
  • 2
    Rs. 216
    Correct
    Wrong
  • 3
    Rs. 176
    Correct
    Wrong
  • 4
    Rs. 256
    Correct
    Wrong
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Answer : 1. "Rs. 264"

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?

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  • 1
    Rs. 65
    Correct
    Wrong
  • 2
    Rs. 80
    Correct
    Wrong
  • 3
    Rs. 100
    Correct
    Wrong
  • 4
    Rs. 120
    Correct
    Wrong
  • 5
    Rs. 150
    Correct
    Wrong
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Answer : 3. "Rs. 100"

Q:

Mohan bought 25 books for Rs. 2,000 and sold them at a profit equal to the selling price of 5 books. The selling price of 1 book is: 

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  • 1
    Rs . 120
    Correct
    Wrong
  • 2
    Rs . 150
    Correct
    Wrong
  • 3
    Rs . 100
    Correct
    Wrong
  • 4
    Rs . 200
    Correct
    Wrong
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Answer : 3. "Rs . 100 "

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?

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  • 1
    $$ {6\ {2\over 3}}$$
    Correct
    Wrong
  • 2
    $$ {8\ {1\over 3}}$$
    Correct
    Wrong
  • 3
    10
    Correct
    Wrong
  • 4
    15
    Correct
    Wrong
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Answer : 1. "$$ {6\ {2\over 3}}$$"

Q:

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

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  • 1
    12 %
    Correct
    Wrong
  • 2
    $$ {33{1\over 3}}\%$$
    Correct
    Wrong
  • 3
    20 %
    Correct
    Wrong
  • 4
    22 %
    Correct
    Wrong
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Answer : 2. "$$ {33{1\over 3}}\%$$"

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Answer : 4. "120 kg."

Q: The cost price of 27 articles is same as the selling price of 18 articles. What is the profit percent? 1651 0

  • 1
    40%
    Correct
    Wrong
  • 2
    30%
    Correct
    Wrong
  • 3
    50%
    Correct
    Wrong
  • 4
    25%
    Correct
    Wrong
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Answer : 3. "50%"

Q:

If the cost of 1 dozen apples is Rs. 18, then the cost of 25 apples will be -

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  • 1
    Rs. 35.00
    Correct
    Wrong
  • 2
    Rs. 25.00
    Correct
    Wrong
  • 3
    Rs. 36.50
    Correct
    Wrong
  • 4
    Rs. 37.50
    Correct
    Wrong
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Answer : 4. "Rs. 37.50 "

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