Profit and Loss Questions Practice Question and Answer

Q:

Remi earns a profit of 20% on selling an article at a certain price. If she sells the articles for ₹8 more, she will gain 30%. What is the original cost price of 16 such articles?

791 0

  • 1
    ₹1,152
    Correct
    Wrong
  • 2
    ₹1,120
    Correct
    Wrong
  • 3
    ₹1,280
    Correct
    Wrong
  • 4
    ₹1,200
    Correct
    Wrong
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Answer : 3. "₹1,280"

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:

778 0

  • 1
    24%
    Correct
    Wrong
  • 2
    36%
    Correct
    Wrong
  • 3
    20%
    Correct
    Wrong
  • 4
    27%
    Correct
    Wrong
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Answer : 3. "20%"

Q:

A trader sells an article at 16% below its cost price. Had he sold it for ₹192.20 more, he would have gained 15%. The cost price (in ₹) of the article is:

777 0

  • 1
    620
    Correct
    Wrong
  • 2
    680
    Correct
    Wrong
  • 3
    720
    Correct
    Wrong
  • 4
    640
    Correct
    Wrong
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Answer : 1. "620 "

Q:

A fan is listed at ₹ 150 and a discount of 20% is given. Then the selling price is

776 0

  • 1
    ₹ 120
    Correct
    Wrong
  • 2
    ₹ 110
    Correct
    Wrong
  • 3
    ₹ 180
    Correct
    Wrong
  • 4
    ₹ 150
    Correct
    Wrong
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Answer : 1. "₹ 120 "
Explanation :

Q:

The selling price and the cost price of an article are ₹6,000 and ₹5,000, respectively. What is the profit percentage?

764 0

  • 1
    25%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    20%
    Correct
    Wrong
  • 4
    15%
    Correct
    Wrong
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Answer : 3. "20%"

Q:

Total cost of A pens and (A-2) pencils is Rs 424. If one pencil and one pen costs Rs 4 and Rs 20 respectively then find A?

753 0

  • 1
    16
    Correct
    Wrong
  • 2
    18
    Correct
    Wrong
  • 3
    15
    Correct
    Wrong
  • 4
    20
    Correct
    Wrong
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Answer : 2. "18"

Q:

Answer the following questions

Rama dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%?

752 0

  • 1
    Rs. 520
    Correct
    Wrong
  • 2
    Rs. 650
    Correct
    Wrong
  • 3
    Rs. 620
    Correct
    Wrong
  • 4
    Rs. 550
    Correct
    Wrong
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Answer : 4. "Rs. 550"

Q:

A shopkeeper charges his customers 15% above the cost price, if a customer has bought a sofa-set for 9039, then for how much did the shopkeeper buy it?

743 0

  • 1
    Rs. 7880
    Correct
    Wrong
  • 2
    7660
    Correct
    Wrong
  • 3
    7860
    Correct
    Wrong
  • 4
    7680
    Correct
    Wrong
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Answer : 3. "7860 "

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