Profit and Loss Questions Practice Question and Answer

Q:

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

1448 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:

By selling 100 pencils, a shopkeeper gains the selling price of 20 pencils, His gain percent is:

1447 0

  • 1
    20%
    Correct
    Wrong
  • 2
    25%
    Correct
    Wrong
  • 3
    15%
    Correct
    Wrong
  • 4
    12%
    Correct
    Wrong
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Answer : 2. "25%"

Q:

The cost price of 20 articles is the same as the selling price of x articles. If there is 25% gain, then the value of x

1446 1

  • 1
    15
    Correct
    Wrong
  • 2
    16
    Correct
    Wrong
  • 3
    18
    Correct
    Wrong
  • 4
    25
    Correct
    Wrong
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Answer : 2. "16"

Q:

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

1443 0

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

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

1442 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 fruit merchant makes a profit of 25% by selling mangoes at a certain price. If he charges Re. 1 more on each mango, he would gain 50%. At first the price of one mango was

1438 0

  • 1
    Rs. 4
    Correct
    Wrong
  • 2
    Rs. 6
    Correct
    Wrong
  • 3
    Rs. 5
    Correct
    Wrong
  • 4
    Rs. 7
    Correct
    Wrong
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Answer : 3. "Rs. 5 "
Explanation :

Q:

A shopkeeper by selling  13 Titan watches, earns a profit equal to the selling  price  of 3 Titan watches. His profit percentage is

1431 0

  • 1
    16 %
    Correct
    Wrong
  • 2
    23.0 %
    Correct
    Wrong
  • 3
    46 %
    Correct
    Wrong
  • 4
    30 %
    Correct
    Wrong
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Answer : 4. "30 % "

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?

1430 0

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

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