Profit and Loss Questions Practice Question and Answer
8 Q: By selling a car for ₹ 64,000, Mr. Rao lost 20%. Then the cost price of the car is :
1121 06246cd85e6c50b4b29b7f705
6246cd85e6c50b4b29b7f705- 1₹ 80,000true
- 2₹ 84,000false
- 3₹ 72,000false
- 4₹ 76,800false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "₹ 80,000 "
Explanation :

Q: A man sells an article at 5 % above its cost price. If he had bought it at 5 % less than what he had paid for it and sold it at Rs. 2 less, he would have gained 10 %. The cost price of the article is
1120 05efd3b3b7228dd6b06e28a5b
5efd3b3b7228dd6b06e28a5b- 1Rs. 400true
- 2Rs. 100false
- 3Rs. 200false
- 4Rs. 300false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 400"
Q: The cost price of a radio is₹ 600. The 5% of the cost price is charged towards transportation. After adding that, if the net profit to be made is 15%, then the selling price of the radio must be
1111 06246d018e6c50b4b29b8032f
6246d018e6c50b4b29b8032f- 1₹ 704.50false
- 2₹ 724.50true
- 3₹ 664.50false
- 4₹ 684.50false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "₹ 724.50 "
Explanation :

Q: A Shopkeeper marks his goods 20 % above its cost price and gives 15 % discount on the marked price. Find the gain?
1110 060b71348cef13e72bbf96aef
60b71348cef13e72bbf96aef- 12 %true
- 23 %false
- 34 %false
- 45 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "2 %"
Q: By selling an article at 2/3 of the Marked price, there is a loss of 10%. The profit percent when the article is sold at the Marked prices
1108 062ff7b8ffef7996822ddfb52
62ff7b8ffef7996822ddfb52- 120%false
- 230%false
- 335%true
- 440%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "35%"
Q: By selling an article for ₹72, there is a loss of 10%. At what price it should be sell to gain 10% profit?
1097 0639c9287c7eb1b240b5fcd1e
639c9287c7eb1b240b5fcd1e- 1₹85false
- 2₹88true
- 3₹80false
- 4₹90false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "₹88"
Q: If books bought at prices from ₹150 to ₹ 300 are sold at prices ranging from ₹ 250 to ₹350, what is the greatest possible profit that might be made in selling 15 books ?
1088 06246d5ad398e4a497b4421d3
6246d5ad398e4a497b4421d3- 1₹ 750false
- 2₹ 4,250false
- 3₹ 3,000true
- 4Cannot be determinedfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "₹ 3,000"
Explanation :

Q: Shivani purchased five pens for ₹600. She sells these five pens at the rate of ₹50 per pen. What is the approximate lo percentage that Shivani incurred on selling the five pens?
1088 06433cfa832185cce372c5000
6433cfa832185cce372c5000- 158.33%true
- 248.33%false
- 353.33%false
- 461.66%false
- Show AnswerHide Answer
- Workspace
- SingleChoice

