Profit and Loss Questions Practice Question and Answer
8 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
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6246d7b0398e4a497b442a72- 1₹ 250true
- 2₹ 225false
- 3₹ 240false
- 4₹ 220false
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Answer : 1. "₹ 250 "
Explanation :

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
- 415%false
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Answer : 2. "20% "
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
1184 05efc7750eb90be58c5903259
5efc7750eb90be58c5903259- 1Rs . 16,000false
- 2Rs . 16,500false
- 3Rs . 15,000true
- 4Rs . 15,500false
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Answer : 3. "Rs . 15,000 "
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:
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6051c4bdd3e3d30b29d99cca- 1Rs.956false
- 2Rs.877.50false
- 3Rs.787.50false
- 4Rs.900true
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Answer : 4. "Rs.900"
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
1175 05ef40c82d40ebf3f783309f0
5ef40c82d40ebf3f783309f0- 150%true
- 211%false
- 340%false
- 422%false
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Answer : 1. "50% "
Q: Medha sells her bag for ₹ 300 and loses ₹ 60. At what price must she sell the article to gain 15%?
1169 0608666a29229540f6fa156fc
608666a29229540f6fa156fc- 1146false
- 2172false
- 3414true
- 4516false
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Answer : 3. "414"
Q: An article is sold for Rs 4,777 after giving a discount of 15%. What is the marked price of the article?
1168 06116270c9c8721103cad168d
6116270c9c8721103cad168d- 15495false
- 25420false
- 35620true
- 45348false
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Answer : 3. "5620"
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
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5efd3ed4eb90be58c5918ce9- 135%false
- 2$$28{3\over8}\%$$false
- 3$$36{5\over9}\%$$false
- 4$$30{20\over21}\%$$true
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