Profit and Loss Questions Practice Question and Answer
8 Q: A book seller sells a book at a profit of 10 %. If he had bought it at 4 % less and sold it for Rs. 6 more. he would have gained $$18{3\over4}\%$$. The cost price of the book is
1365 05efc73df196e681f76ead763
5efc73df196e681f76ead763- 1Rs . 150true
- 2Rs . 160false
- 3Rs. 130false
- 4Rs. 140false
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Answer : 1. "Rs . 150 "
Q: Two - third of a consignment was sold at a profit of 5% and the remaining at a loss of 2 %. If the total profit was Rs. 400. then the value of the consignment was
1363 05efc7750eb90be58c5903259
5efc7750eb90be58c5903259- 1Rs . 16,000false
- 2Rs . 16,500false
- 3Rs . 15,000true
- 4Rs . 15,500false
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Answer : 3. "Rs . 15,000 "
Q: Bananas are bought at 3 for Rs. 2 and sold at 5 for Rs. 4. Find the gain or loss percent.
1361 0601905a2552e5f41f7ac408d
601905a2552e5f41f7ac408d- 125%false
- 220%true
- 330%false
- 415%false
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Answer : 2. "20% "
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.
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5f76cc6853f6013e85c029f5- 1Rs.370false
- 2Rs.372false
- 3Rs.375true
- 4Rs.378false
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Answer : 3. "Rs.375"
Q: On selling an article for Rs.240, a trader loss of 10%.In order to gain 10%, he must sell that article for -
1352 06024eaee835ee17373904d25
6024eaee835ee17373904d25- 1Rs.267.50false
- 2Rs.290.80false
- 3Rs.293.32true
- 4Rs.296.84false
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Answer : 3. "Rs.293.32"
Q: The profit on selling an article for Rs.1,100 is equal to three times the amount of loss on selling it for Rs.700. To gain 12.5%, the article must be sold for:
1342 06051c4bdd3e3d30b29d99cca
6051c4bdd3e3d30b29d99cca- 1Rs.956false
- 2Rs.877.50false
- 3Rs.787.50false
- 4Rs.900true
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Answer : 4. "Rs.900"
Q: Pooja wants to sell a watch at a profit of 20%. She bought it at 10% less and sold it at ₹ 30 less, but still she gained 20%. The cost price of watch is
1342 06246d7b0398e4a497b442a72
6246d7b0398e4a497b442a72- 1₹ 250true
- 2₹ 225false
- 3₹ 240false
- 4₹ 220false
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Answer : 1. "₹ 250 "
Explanation :

Q: The price of jewelry , passing through three hands. rises on the whole by 65 %. If the first and the second sellers earned 20 % and 25 % profit respectively, the profit earned by the third seller is
1337 05efc6bffeb90be58c590074b
5efc6bffeb90be58c590074b- 110%true
- 25%false
- 320%false
- 415%false
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