Profit and Loss Questions Practice Question and Answer

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

1084 0

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

Answer : 1. "12% "
Explanation :

Q:

Ritesh sold a pen for Rs. 36 with a profit of 20%. If it were sold for Rs. 33, then what could be the percentage of profit or loss?

1083 0

  • 1
    10% Profit
    Correct
    Wrong
  • 2
    15% Profit
    Correct
    Wrong
  • 3
    12% Loss
    Correct
    Wrong
  • 4
    18% Loss
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 1. "10% Profit"

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?

1082 0

  • 1
    Rs.400
    Correct
    Wrong
  • 2
    Rs.350
    Correct
    Wrong
  • 3
    Rs.200
    Correct
    Wrong
  • 4
    Rs.300
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 4. "Rs.300"

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)?

1080 0

  • 1
    24
    Correct
    Wrong
  • 2
    27
    Correct
    Wrong
  • 3
    36
    Correct
    Wrong
  • 4
    33
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 4. "33"

Q:

A man wanted to sell an article with 20% profit: but he actually sold at 20% loss for Rs. 480, At what price he wanted to sell it to earn the profit? 

1078 0

  • 1
    Rs.720
    Correct
    Wrong
  • 2
    Rs.840
    Correct
    Wrong
  • 3
    Rs.600
    Correct
    Wrong
  • 4
    Rs . 750
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 1. "Rs.720 "

  • Show Answer
  • Workspace

Answer : 1. "Rs. 1800 "

Q:

Mr. Dev sold a bus for Rs. 2210 with a loss of 15 %. At what price should the bus be sold to get a profit ot 15 %?

1072 0

  • 1
    Rs. 2980
    Correct
    Wrong
  • 2
    Rs. 3000
    Correct
    Wrong
  • 3
    Rs. 2990
    Correct
    Wrong
  • 4
    Rs. 2970
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 3. "Rs. 2990"

Q:

When an article is sold for Rs 366, there is a loss of 39%. To gain 41% it should be sold for Rs? 

1068 0

  • 1
    626
    Correct
    Wrong
  • 2
    426
    Correct
    Wrong
  • 3
    846
    Correct
    Wrong
  • 4
    354
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 3. "846 "

  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