Profit and Loss Questions Practice Question and Answer

Q:

By selling 25 m of cloth a man gains the selling price of 5 m of cloth. Find the gain percent?

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  • 1
    25 %
    Correct
    Wrong
  • 2
    20 %
    Correct
    Wrong
  • 3
    30 %
    Correct
    Wrong
  • 4
    22 %
    Correct
    Wrong
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Answer : 1. "25 %"

Q:

A man sold a watch at a loss of 5%. If he would have sold it for Rs. 27 more, he would have gained 7%. The cost price of the watch is -

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  • 1
    Rs. 325
    Correct
    Wrong
  • 2
    Rs. 225
    Correct
    Wrong
  • 3
    Rs. 500
    Correct
    Wrong
  • 4
    Rs. 375
    Correct
    Wrong
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Answer : 2. "Rs. 225"

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 

1549 0

  • 1
    35%
    Correct
    Wrong
  • 2
    $$28{3\over8}\%$$
    Correct
    Wrong
  • 3
    $$36{5\over9}\%$$
    Correct
    Wrong
  • 4
    $$30{20\over21}\%$$
    Correct
    Wrong
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Answer : 4. "$$30{20\over21}\%$$"

Q:

A men sells his cycle at 6% profit. Had he sold it at 15% profit, he would have received 180 Rs. More. What is the cost price of the cycle?

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  • 1
    Rs 1000
    Correct
    Wrong
  • 2
    Rs 1200
    Correct
    Wrong
  • 3
    Rs 1500
    Correct
    Wrong
  • 4
    Rs 2000
    Correct
    Wrong
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Answer : 4. "Rs 2000"

Q:

Two things were sold at same sale-price. One thing got 10% profit and another suffered 10% loss. The difference of their purchase price will be in multiple of which number.Tell_____. 

1542 0

  • 1
    10
    Correct
    Wrong
  • 2
    20
    Correct
    Wrong
  • 3
    15
    Correct
    Wrong
  • 4
    25
    Correct
    Wrong
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Answer : 2. "20"

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?

1533 0

  • 1
    16
    Correct
    Wrong
  • 2
    18
    Correct
    Wrong
  • 3
    15
    Correct
    Wrong
  • 4
    20
    Correct
    Wrong
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Answer : 2. "18 "

Q:

The difference between the selling prices of an article at a profit of 15% and at a profit of 10% is Rs.10. The cost price of the article is -

1533 0

  • 1
    Rs.150
    Correct
    Wrong
  • 2
    Rs.200
    Correct
    Wrong
  • 3
    Rs.100
    Correct
    Wrong
  • 4
    Rs.120
    Correct
    Wrong
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Answer : 2. "Rs.200"

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Answer : 1. "Rs. 1800 "

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