Profit and Loss Questions Practice Question and Answer
8 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%?
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63bd5c1161d62119f1d53419- 1Rs. 520false
- 2Rs. 650false
- 3Rs. 620false
- 4Rs. 550true
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Answer : 4. "Rs. 550"
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:
663 06489bb4ef4063d472f4b2f0e
6489bb4ef4063d472f4b2f0e- 1620true
- 2680false
- 3720false
- 4640false
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Answer : 1. "620 "
Q: By selling an article for Rs. 600 there is a profit of 20%. What is the cost price of the article?
655 0632284373f5a4d2dcff467c8
632284373f5a4d2dcff467c8- 1600false
- 2457false
- 3244false
- 4500true
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Answer : 4. "500"
Q: A fan is listed at ₹ 150 and a discount of 20% is given. Then the selling price is
648 06246cec8e6c50b4b29b7fe44
6246cec8e6c50b4b29b7fe44- 1₹ 120true
- 2₹ 110false
- 3₹ 180false
- 4₹ 150false
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Answer : 1. "₹ 120 "
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:
642 0644271a96db4aa24292a8275
644271a96db4aa24292a8275- 124%false
- 236%false
- 320%true
- 427%false
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Answer : 3. "20%"
Q: The marked price of an article is 30% higher than the cost price. If a trader sells the articles allowing 10% discount to customer, then the gain per- cent will be
639 06400bbe0cbcfaac053000555
6400bbe0cbcfaac053000555- 117 %true
- 220 %false
- 319 %false
- 415 %false
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Answer : 1. "17 %"
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?
637 063108f5e7c72c07784687b91
63108f5e7c72c07784687b91- 1Rs. 7880false
- 27660false
- 37860true
- 47680false
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Answer : 3. "7860 "
Q: The selling price and the cost price of an article are ₹6,000 and ₹5,000, respectively. What is the profit percentage?
637 0643d1a2219f0af16e38ba3d3
643d1a2219f0af16e38ba3d3- 125%false
- 210%false
- 320%true
- 415%false
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- SingleChoice