Profit and Loss Questions Practice Question and Answer

Q:

A salesman expects a gain of 13% on his cost price. If in a month his sale was ₹ 7,91,000, what was his profit ? 

966 0

  • 1
    ₹ 91,000
    Correct
    Wrong
  • 2
    ₹ 97,786
    Correct
    Wrong
  • 3
    ₹ 85,659
    Correct
    Wrong
  • 4
    ₹ 88,300
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "₹ 91,000 "
Explanation :

Q:

A sold a watch to B at a profit of 20%. B sold it to C at 30% profit. C sold it to D at 10% loss. If B's profit is ₹80 more than that of A, then D bought it for:

965 0

  • 1
    ₹700
    Correct
    Wrong
  • 2
    ₹680
    Correct
    Wrong
  • 3
    ₹652
    Correct
    Wrong
  • 4
    ₹702
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "₹702"

Q:

A man bought an old typewriter for ₹1200 and spent ₹200 on its repair. He sold it for ₹1680. His profit percent is :

959 0

  • 1
    8%
    Correct
    Wrong
  • 2
    16%
    Correct
    Wrong
  • 3
    20%
    Correct
    Wrong
  • 4
    10%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "20% "
Explanation :

Q:

If the shopkeeper sold the mobile for Rs.15000 and then he gets some loss. If he sold the same mobile at Rs.19200 and then he gets profit is double of loss. Find the cost price of the mobile?

959 0

  • 1
    Rs.16000
    Correct
    Wrong
  • 2
    Rs.18000
    Correct
    Wrong
  • 3
    Rs.17500
    Correct
    Wrong
  • 4
    Rs.15500
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 5. "None of these "

Q:

By selling an article for Rs. 600 there is a profit of 20%. What is the cost price of the article?

955 0

  • 1
    600
    Correct
    Wrong
  • 2
    457
    Correct
    Wrong
  • 3
    244
    Correct
    Wrong
  • 4
    500
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "500"

Q:

If the cost price of 25 perts is equal to the selling price of 20 pens, then profit percent is

951 0

  • 1
    20%
    Correct
    Wrong
  • 2
    25%
    Correct
    Wrong
  • 3
    15%
    Correct
    Wrong
  • 4
    5%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "25% "

Q:

On selling an article for ₹651, there is a loss of 7%. The cost price of that article is

950 0

  • 1
    ₹793
    Correct
    Wrong
  • 2
    ₹700
    Correct
    Wrong
  • 3
    ₹744
    Correct
    Wrong
  • 4
    ₹751
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "₹700"
Explanation :

Q:

A pen passing through two hands is finally sold at a profit of 44% of the original cost price. If the first dealer makes a profit of 20%, then the profit made by the second dealer is:

949 0

  • 1
    24%
    Correct
    Wrong
  • 2
    36%
    Correct
    Wrong
  • 3
    20%
    Correct
    Wrong
  • 4
    27%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "20%"

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully