Profit and Loss Questions Practice Question and Answer
8 Q: The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent.
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5f6329e9167e402436a6635c- 1$$ {9}{1\over 11}\%$$false
- 2$$ {10}{1\over 11}\%$$false
- 3$$ {11}{1\over 9}\%$$true
- 4$$ {12}{1\over 0}\%$$false
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Answer : 3. "$$ {11}{1\over 9}\%$$"
Q: Krishnan bought a camera and paid 20% less than its original price. He sold it at 40% profit on the price he had paid. The percentage of profit earned by Krishnan on the original price was
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6246ca90e6c50b4b29b7ed1d- 112%true
- 215%false
- 322%false
- 432%false
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Answer : 1. "12% "
Explanation :

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?
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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
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Answer : 4. "Rs 313.6"
Q: Bananas are bought at 3 for Rs. 2 and sold at 5 for Rs. 4. Find the gain or loss percent.
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601905a2552e5f41f7ac408d- 125%false
- 220%true
- 330%false
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Answer : 2. "20% "
Q: Chandu bought a watch at 20 percent discount on mark price but sold it at mark price. Find the percentage of profit.
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5fa695fd4e71ba46b01f13c6- 125 %true
- 220 %false
- 318 %false
- 430 %false
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Answer : 1. "25 % "
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
- 325 %false
- 433.33 %false
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Answer : 2. "37.5 %"
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).
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62f3888809a97851b6327359- 132%true
- 269%false
- 345%false
- 489%false
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Answer : 1. "32%"
Q: Aparna changes the marked price of an item to 50% above its C.P. What % of discount allowed in approximately to gain 10%?
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606d8013556643278a7a55a4- 127%true
- 225%false
- 335%false
- 437%false
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