Profit and Loss Questions Practice Question and Answer
8 Q: A wholesaler purchased 7 hair clips for a rupee. How many for a rupee must he sell to get profit of 40%?
1362 0606d807d5fcabf6daf300ba3
606d807d5fcabf6daf300ba3- 16false
- 25true
- 34false
- 43false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "5"
Q: An article is sold at a profit of 25 %. If the selling price is doubled, the profit % will be:
1360 05efd3e5ceb90be58c5918cd7
5efd3e5ceb90be58c5918cd7- 1100%false
- 250%false
- 3200%false
- 4150%true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "150% "
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?
1359 060bf588b5d840673873efeb8
60bf588b5d840673873efeb8- 1₹4true
- 2₹2false
- 3₹1false
- 4₹3false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "₹4"
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
1358 06246d84d398e4a497b442ac1
6246d84d398e4a497b442ac1- 1Rs. 4false
- 2Rs. 6false
- 3Rs. 5true
- 4Rs. 7false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 5 "
Explanation :

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?
1357 15f5af5d1dc518b408a4158e4
5f5af5d1dc518b408a4158e4- 1Rs. 13,800false
- 2Rs. 14,720true
- 3Rs. 14, 800false
- 4Rs. 13, 720false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs. 14,720"
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
1357 1608fc80c8ab6116292311554
608fc80c8ab6116292311554- 115false
- 216true
- 318false
- 425false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "16"
Q:Directions: Study the information given below and answer the questions that follow.
An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
What was amount of discount given?
1357 05df0b606004abe5c78f74f80
5df0b606004abe5c78f74f80An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
- 1Rs 319.6false
- 2Rs 303.6false
- 3Rs 306.3false
- 4Rs 313.6true
- 5Rs 316.9false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Rs 313.6"
Q: A shopkeeper cheats to the extent of 10% while buying and selling fruits, by using tampered weights. His total gain , in percentage is:
1357 0606c34606a85553684dde951
606c34606a85553684dde951- 122false
- 221false
- 323true
- 424false
- Show AnswerHide Answer
- Workspace
- SingleChoice

