Profit and Loss Questions Practice Question and Answer
8 Q: By what fraction selling price ( S.P. ) must be multiplied to get the cost price ( C.P. ) if the loss is 20%?
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Answer : 1. " "
Q: A shopkeeper by selling 13 Titan watches, earns a profit equal to the selling price of 3 Titan watches. His profit percentage is
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5f0e77d5f4c8bf4bad00388d- 116 %false
- 223.0 %false
- 346 %false
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Answer : 4. "30 % "
Q: A merchant fixes the sale price of his goods at 15 % above the cost price. He sells his goods at 12 % less than the fixed price. His percentage of profit is:
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Answer : 1. " "
Q: The selling price of the product was equal to 50% of its cost price. Two gradual discounts were offered on the product. If the first discount was 20%, then what was the second discount?
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5f6d8a7df9079a64e3bf076b- 130 %false
- 237.5 %true
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Answer : 2. "37.5 %"
Q: A discount of 20% in the price of rice enables X to buy 5 kg more rice for ₹100. What is the reduced price of rice per kg?
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60bf588b5d840673873efeb8- 1₹4true
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Answer : 1. "₹4"
Q: By selling 100 pencils, a shopkeeper gains the selling price of 20 pencils, His gain percent is:
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5feeebc51f464d74015a0051- 120%false
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Answer : 2. "25%"
Q: A shopkeeper cheats to the extent of 10% while buying and selling fruits, by using tampered weights. His total gain , in percentage is:
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Answer : 3. "23"
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%?
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60acc670d752621d4f9c7739- 120false
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