Profit and Loss Questions Practice Question and Answer
8 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:
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60531866528a962d2e429ae1- 14 % profitfalse
- 2$$ {4 {1\over 6}}{ \%}$$ lossfalse
- 3$$ {4 {1\over 6}}{ \%}$$ profittrue
- 44 % lossfalse
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Answer : 3. "$$ {4 {1\over 6}}{ \%}$$ profit"
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?
1235 05f2a7212cef453383f1e6111
5f2a7212cef453383f1e6111- 11350false
- 21390false
- 31330true
- 41310false
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Answer : 3. "1330"
Q: The difference between the selling prices of some articles if sold for Rs.12 per article instead of Rs.9 per article is Rs.150. If the sold price of these articles is Rs.250 then find the selling price of 21 articles if profit earned is 20%.
1231 05ffc2ce71299b845c330a882
5ffc2ce71299b845c330a882- 1Rs.130false
- 2Rs. 126true
- 3Rs. 136false
- 4Rs. 125false
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Answer : 2. "Rs. 126"
Q: The selling price of 5 articles is the same as the cost price of 3 articles. The gain or loss is
1230 05ec5f5af980ff60a66c35afe
5ec5f5af980ff60a66c35afe- 120% gainfalse
- 225% gainfalse
- 333.33% lossfalse
- 440% losstrue
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Answer : 4. "40% loss "
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?
1226 063285bcca323937dac07886c
63285bcca323937dac07886c- 1profit of Rs.10false
- 2profit of Rs.90false
- 3profit of Rs.90false
- 4a loss of Rs 10true
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Answer : 4. "a loss of Rs 10"
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?
1224 064e7612460749cb6f2eb14b4
64e7612460749cb6f2eb14b4- 1₹ 365false
- 2₹ 320false
- 3₹ 420false
- 4₹ 400true
- 5₹ 510false
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Answer : 4. "₹ 400"
Q: An article is sold for Rs 4,777 after giving a discount of 15%. What is the marked price of the article?
1224 06116270c9c8721103cad168d
6116270c9c8721103cad168d- 15495false
- 25420false
- 35620true
- 45348false
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Answer : 3. "5620"
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?
1223 05ef18b8f7fed557ba2ab1daf
5ef18b8f7fed557ba2ab1daf- 1Rs 1000false
- 2Rs 1200false
- 3Rs 1500false
- 4Rs 2000true
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