Profit and Loss Questions Practice Question and Answer

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.

1530 0

  • 1
    Rs.370
    Correct
    Wrong
  • 2
    Rs.372
    Correct
    Wrong
  • 3
    Rs.375
    Correct
    Wrong
  • 4
    Rs.378
    Correct
    Wrong
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Answer : 3. "Rs.375"

Q:

Radhe buys two TVs at the same cost price, one of them is sold at $$11 {1\over 9}\% $$ profit and the other at   $$14{2\over 7}\% $$ profit, then the difference between their selling price is Rs $${200\over 7}$$. Find the cost price of the TV.

1527 0

  • 1
    रु 900
    Correct
    Wrong
  • 2
    रु 650
    Correct
    Wrong
  • 3
    रु 700
    Correct
    Wrong
  • 4
    रु 800
    Correct
    Wrong
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Answer : 3. "रु 700 "

Q:

On selling an article for Rs.240, a trader loss of 10%.In order to gain 10%, he must sell that article for -

1510 0

  • 1
    Rs.267.50
    Correct
    Wrong
  • 2
    Rs.290.80
    Correct
    Wrong
  • 3
    Rs.293.32
    Correct
    Wrong
  • 4
    Rs.296.84
    Correct
    Wrong
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Answer : 3. "Rs.293.32"

Q:

An item costing Rs. 840 was sold by a shopkeeper at a gain of 10 % and it was again sold by the new buyer at a loss of 5 %. Find selling price of the item is: 

1507 0

  • 1
    Rs. 924
    Correct
    Wrong
  • 2
    Rs. 37.80
    Correct
    Wrong
  • 3
    Rs. 877.80
    Correct
    Wrong
  • 4
    Rs.798
    Correct
    Wrong
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Answer : 3. "Rs. 877.80 "

Q:

If a shopkeeper increases the selling price of an article by 10% and gets a profit of 37.5% on its cost price. If he increases the selling price by 25% above on old selling price then he gets a profit of ₹ 225 on his cost price. Find the cost price of the article?

1506 0

  • 1
    ₹ 365
    Correct
    Wrong
  • 2
    ₹ 320
    Correct
    Wrong
  • 3
    ₹ 420
    Correct
    Wrong
  • 4
    ₹ 400
    Correct
    Wrong
  • 5
    ₹ 510
    Correct
    Wrong
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Answer : 4. "₹ 400"

Q:

A dealer sold an article at a loss of 2%. Had he sold it for ₹44 more, he would have gained 20%. Find the cost price of the article.

1499 0

  • 1
    ₹250
    Correct
    Wrong
  • 2
    ₹300
    Correct
    Wrong
  • 3
    ₹400
    Correct
    Wrong
  • 4
    ₹200
    Correct
    Wrong
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Answer : 4. "₹200"

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 ________

1497 0

  • 1
    4% loss
    Correct
    Wrong
  • 2
    4% profit
    Correct
    Wrong
  • 3
    8% loss
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 4. "None of these"

Q:

Cost price of 25 chairs equals the selling price of 20 chairs. Find the profit %.

1496 0

  • 1
    20%
    Correct
    Wrong
  • 2
    33%
    Correct
    Wrong
  • 3
    25%
    Correct
    Wrong
  • 4
    12.5%
    Correct
    Wrong
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Answer : 3. "25%"

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