Profit and Loss Questions Practice Question and Answer

Q:

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

1044 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 "

Q:

By selling a bicycle for Rs. 2,850 a shopkeeper gain 14%. If the profit is reduced to 8 %, then the selling price will be 

1038 0

  • 1
    Rs. 2,800
    Correct
    Wrong
  • 2
    Rs. 3,000
    Correct
    Wrong
  • 3
    Rs. 2,600
    Correct
    Wrong
  • 4
    Rs. 2,700
    Correct
    Wrong
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Answer : 4. "Rs. 2,700 "

Q:

A wholesaler purchased 7 hair clips for a rupee. How many for a rupee must he sell to get profit of 40%?

1036 0

  • 1
    6
    Correct
    Wrong
  • 2
    5
    Correct
    Wrong
  • 3
    4
    Correct
    Wrong
  • 4
    3
    Correct
    Wrong
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Answer : 2. "5"

Q:

A seller gives 15% discount on an item, if he marked up the price of item 40% above C.P and while selling he cheats the buyer by giving 10% less in weight. Find this overall profit percent (approximately).

1033 0

  • 1
    32%
    Correct
    Wrong
  • 2
    69%
    Correct
    Wrong
  • 3
    45%
    Correct
    Wrong
  • 4
    89%
    Correct
    Wrong
  • 5
    97%
    Correct
    Wrong
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Answer : 1. "32%"

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?

1030 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:

If Manoj buys 324 toffees for Rs 486, then how many toffees should he sell for Rs 90 to make 50% profit?

1026 0

  • 1
    40
    Correct
    Wrong
  • 2
    55
    Correct
    Wrong
  • 3
    60
    Correct
    Wrong
  • 4
    45
    Correct
    Wrong
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Answer : 1. "40"

Q:

A person sold a horse with a profit of 15 percent. If he had bought it for 25 percent less and sold it for less than 60 rupees, he would have gained 32 percent. The purchase price of the horse was.

1024 0

  • 1
    Rs.370
    Correct
    Wrong
  • 2
    Rs.372
    Correct
    Wrong
  • 3
    Rs.375
    Correct
    Wrong
  • 4
    Rs.378
    Correct
    Wrong
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Answer : 3. "Rs.375"

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