Profit and Loss Questions Practice Question and Answer
8 Q: A cloth merchant on selling 33 metres of cloth obtains a profit equal to the selling price of 11 metres of cloth , the profit is
1339 05ef40c82d40ebf3f783309f0
5ef40c82d40ebf3f783309f0- 150%true
- 211%false
- 340%false
- 422%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "50% "
Q: Vishal sells a bag at a profit of 40%. If Vishal's profit is ₹880, then what is the cost price of the bag?
1333 06426da015bff3d098d16cf64
6426da015bff3d098d16cf64- 1₹ 2,000false
- 2₹ 2,450false
- 3₹ 1,900false
- 4₹ 2,200true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "₹ 2,200"
Q: Vivek buys 3 shirts at an average price of Rs. 1250. If he buys 2 more shirts at an average price of Rs. 1450. What will be the average price (in Rs.) of all the 5 shirts he buys?
1332 05f2a7212cef453383f1e6111
5f2a7212cef453383f1e6111- 11350false
- 21390false
- 31330true
- 41310false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "1330"
Q: A manufacturer fixes his selling price at $$33{1\over3}\% $$ over the cost of production. If the cost of production goes up by 12 % and manufacturer raises his selling price by 10%, his percentage profit is
1332 05efd3ed4eb90be58c5918ce9
5efd3ed4eb90be58c5918ce9- 135%false
- 2$$28{3\over8}\%$$false
- 3$$36{5\over9}\%$$false
- 4$$30{20\over21}\%$$true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "$$30{20\over21}\%$$"
Q: If a discount of 10% is allowed on the marked price of an article, a shopkeeper gets a profit of 25 %. If he offers a discount of 25% on the marked price of the same article, then his percentage profit/loss will be:
1331 060531866528a962d2e429ae1
60531866528a962d2e429ae1- 14 % profitfalse
- 2$$ {4 {1\over 6}}{ \%}$$ lossfalse
- 3$$ {4 {1\over 6}}{ \%}$$ profittrue
- 44 % lossfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "$$ {4 {1\over 6}}{ \%}$$ profit"
Q: The total cost of x pens and (x-2) pencils is Rs 424. If one pencil and one pen costs Rs 4 and Rs 20 respectively then find x?
1330 063d29831307947462bedecb1
63d29831307947462bedecb1- 116false
- 218true
- 315false
- 420false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "18 "
Q: A trader sold two items at the same price. One at 20% profit and another at 10% loss. The overall profit / loss percentage of the trader is ________
1330 06095241a5deaac0c4620f8e6
6095241a5deaac0c4620f8e6- 14% lossfalse
- 24% profitfalse
- 38% lossfalse
- 4None of thesetrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "None of these"
Q: A radio is sold for Rs.900 at 10% profit. If it had been sold for Rs 890, what would have been the actual profit or loss?
1325 063285bcca323937dac07886c
63285bcca323937dac07886c- 1profit of Rs.10false
- 2profit of Rs.90false
- 3profit of Rs.90false
- 4a loss of Rs 10true
- Show AnswerHide Answer
- Workspace
- SingleChoice

