Profit and Loss Questions Practice Question and Answer

Q:

A shopkeeper sells a watch set on discount of 8% of printed price and gain 25 %. If marked price was Rs. 20,000 then, what was the cost price?

1192 1

  • 1
    Rs. 13,800
    Correct
    Wrong
  • 2
    Rs. 14,720
    Correct
    Wrong
  • 3
    Rs. 14, 800
    Correct
    Wrong
  • 4
    Rs. 13, 720
    Correct
    Wrong
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Answer : 2. "Rs. 14,720"

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?

1189 0

  • 1
    10% Profit
    Correct
    Wrong
  • 2
    15% Profit
    Correct
    Wrong
  • 3
    12% Loss
    Correct
    Wrong
  • 4
    18% Loss
    Correct
    Wrong
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Answer : 1. "10% Profit"

Q:

A buys a water cooler at some price and sells it to B at 20% profit. B sells it to C at 10% profit. If C bought it for Rs 6666, then B's cost price is

1188 0

  • 1
    5400
    Correct
    Wrong
  • 2
    6060
    Correct
    Wrong
  • 3
    5600
    Correct
    Wrong
  • 4
    6400
    Correct
    Wrong
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Answer : 2. "6060"

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?

1186 0

  • 1
    ₹4
    Correct
    Wrong
  • 2
    ₹2
    Correct
    Wrong
  • 3
    ₹1
    Correct
    Wrong
  • 4
    ₹3
    Correct
    Wrong
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Answer : 1. "₹4"

Q:

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

1185 0

  • 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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Answer : 1. "Rs. 1800 "

Q:

A sells a good to B at a profit of 20% and B sells it to C at a profit of 25%. If  C pays Rs. 225 for it, what was the cost price of A?

1182 0

  • 1
    Rs. 100
    Correct
    Wrong
  • 2
    Rs. 125
    Correct
    Wrong
  • 3
    Rs. 150
    Correct
    Wrong
  • 4
    Rs. 175
    Correct
    Wrong
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Answer : 3. "Rs. 150"

Q:

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

1180 0

  • 1
    626
    Correct
    Wrong
  • 2
    426
    Correct
    Wrong
  • 3
    846
    Correct
    Wrong
  • 4
    354
    Correct
    Wrong
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Answer : 3. "846 "

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