Profit and Loss Questions Practice Question and Answer
8 Q: There would be a 10 % loss. if rice is sold at ₹ 54 per kg. To earn a profit of 20 %, the price of rice per kg will be
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5efd3a49196e681f76ec5b83- 1₹ 63false
- 2₹ 65false
- 3₹ 72true
- 4₹ 70false
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Answer : 3. "₹ 72 "
Q: If Arun purchases 11 articles for Rs.10 and sold all the articles at the rate of 10 for Rs.11, the profit percentage will be.
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6024f1cecce66f776c86d09b- 121%true
- 2100%false
- 310%false
- 411%false
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Answer : 1. "21% "
Q: By selling a car for ₹ 64,000, Mr. Rao lost 20%. Then the cost price of the car is :
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6246cd85e6c50b4b29b7f705- 1₹ 80,000true
- 2₹ 84,000false
- 3₹ 72,000false
- 4₹ 76,800false
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Answer : 1. "₹ 80,000 "
Explanation :

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.
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64cce7d0a919c8488e3039b2- 1₹250false
- 2₹300false
- 3₹400false
- 4₹200true
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Answer : 4. "₹200"
Q: When a mobile is sold at 6 percent profit, it gets Rs. 870 more than it is sold at 6 percent loss. So what is the purchase price of mobile?
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5f97f2cef6ce7f2367fdf82c- 17250true
- 27266false
- 37217false
- 47243false
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Answer : 1. "7250"
Q: If a seller bought an item for Rs. 900 and determined the mark price in such a way that after giving 10 percent discount, he would get a profit of 20 percent, what would be the mark price?
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5fb399bfcb95815ec70d6862- 1Rs. 1180false
- 2Rs.1080false
- 3Rs. 1200true
- 4Rs. 1100false
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Answer : 3. "Rs. 1200 "
Q: On selling 17 balls at Rs. 720 there is a loss equal to the cost price of 5 balls. The cost price of a ball is:
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5efd39ee7228dd6b06e28838- 1Rs. 60true
- 2Rs. 55false
- 3Rs. 45false
- 4Rs. 50false
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Answer : 1. "Rs. 60 "
Q: The marked price of an article is Rs.800. A retailer buys it for Rs.540 after getting two successive discounts. The first discount is 25 %. What is the second discount?
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605316f3a01bc44789ae0ff1- 18 %false
- 212 %false
- 310 %true
- 415 %false
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