Profit and Loss Questions Practice Question and Answer
8 Q: By selling an article for Rs. 600 there is a profit of 20%. What is the cost price of the article?
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632284373f5a4d2dcff467c8- 1600false
- 2457false
- 3244false
- 4500true
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Answer : 4. "500"
Q: A man bought an old typewriter for ₹1200 and spent ₹200 on its repair. He sold it for ₹1680. His profit percent is :
1030 06246c87be6c50b4b29b7d521
6246c87be6c50b4b29b7d521- 18%false
- 216%false
- 320%true
- 410%false
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Answer : 3. "20% "
Explanation :

Q: A man bought three articles, each of which cost Rs 3000. He sold those articles at 10% profit, 5% profit and 15% loss respectively. What is the total profit/loss percentage earned by him?
1025 06321bb9964c0411bf18aa7a4
6321bb9964c0411bf18aa7a4- 110% lossfalse
- 25% lossfalse
- 35% profitfalse
- 4no profit no losstrue
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Answer : 4. "no profit no loss"
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 ?
1024 06246cce8a008a64dd39ef0b7
6246cce8a008a64dd39ef0b7- 1₹ 91,000true
- 2₹ 97,786false
- 3₹ 85,659false
- 4₹ 88,300false
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Answer : 1. "₹ 91,000 "
Explanation :

Q: A shopkeeper on selling 33 metres of cloth obtain a profit equal to the selling price of 11 metre of cloth the profit is
1020 062ff7981fef7996822ddf60b
62ff7981fef7996822ddf60b- 140%false
- 222%false
- 350%true
- 411%false
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Answer : 3. "50%"
Q: Which one of the following costs more?
I. 200 packets of ₹ 250 each
II . 20 dozens of ₹ 250 each
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622b2fe57c4208076bab6480- 1Ifalse
- 2IItrue
- 3Both I and II are equalfalse
- 4Cannot be calculatedfalse
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Answer : 2. "II"
Q: The ratio of the cost price and selling price of an article is 10 : 11. The gain per cent is:
1013 0647f343362f8ada0354d5241
647f343362f8ada0354d5241- 15%false
- 215%false
- 310%true
- 48%false
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Answer : 3. "10%"
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?
1013 062f388da3342ab118439c1e0
62f388da3342ab118439c1e0- 1Rs.16000false
- 2Rs.18000false
- 3Rs.17500false
- 4Rs.15500false
- 5None of thesetrue
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