Profit and Loss Questions Practice Question and Answer
8 Q: There is a profit of 10% when an item is sold at $${{5\over6}}$$ of its actual selling price. What will be the profit percentage on the cost price when the item is sold at its actual selling price?
742 0643d1d391ce944a93ea9385b
643d1d391ce944a93ea9385b- 128%false
- 232%true
- 326%false
- 430%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "32%"
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
738 06400bbe0cbcfaac053000555
6400bbe0cbcfaac053000555- 117 %true
- 220 %false
- 319 %false
- 415 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "17 %"
Q: The ratio of the cost price and selling price of an article is 10 : 11. The gain per cent is:
702 0647f343362f8ada0354d5241
647f343362f8ada0354d5241- 15%false
- 215%false
- 310%true
- 48%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "10%"
Q: On selling an article for ₹123.40, the gain is 20% more than the amount of loss incurred on selling it for ₹108. If the article is sold for ₹120.75, then what is the gain/loss per cent?
698 064b90c21568e7ff594bdd73e
64b90c21568e7ff594bdd73e- 1Loss 2.5%false
- 2Loss 5%false
- 3Gain 2.5%false
- 4Gain 5%true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Gain 5%"
Q: A dealer marks a washing machine for ₹7500, and allows a discount of 6% on it. Find the selling price
690 06400bb97cbcfaac0530003a6
6400bb97cbcfaac0530003a6- 1₹ 6850false
- 2₹ 7050true
- 3₹ 7250false
- 4₹ 6950false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "₹ 7050 "
Q: A dealer marks his goods at 40% above the cost price. He sells 60% of the goods at the marked price giving 10% discount and the rest by giving 50% discount on the marked price. What is his overall profit/loss per cent?
688 064c76623a919c8488e1e2375
64c76623a919c8488e1e2375- 1Loss 2.8%false
- 2Profit 2.8%false
- 3Profit 3.6%true
- 4Loss 3.6%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Profit 3.6%"
Q: A sold a mobile phone to B at a gain of 25% and B sold it to C at a loss of 10%. If C paid ₹5,625 for it, how much did A pay (in ₹) for the phone?
687 06479be5df4063d472f1a86a9
6479be5df4063d472f1a86a9- 15,100false
- 25,000true
- 34,500false
- 44,800false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "5,000"
Q: The selling prices of two articles are equal. If the first article is sold at a profit of 20% and the second article is sold at a loss of 20%, what will be the overall loss percentage?
663 06426e0ed9d18d2e8ae1e037c
6426e0ed9d18d2e8ae1e037c- 14%true
- 23.5%false
- 32.5%false
- 42%false
- Show AnswerHide Answer
- Workspace
- SingleChoice

