Profit and Loss Questions Practice Question and Answer
8 Q: By selling 15 mangoes, a fruit seller gains the selling price of 3 mangoes. His gain is
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5ee9abc7eee45c3b8374b6aa- 125%true
- 216%false
- 324%false
- 427%false
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Answer : 1. "25%"
Q: On selling an article for Rs 162 there is a loss of 10%.At what price it should be sell in order to gain a profit of 10%?
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5ebeb7f2f51fcb2168f8cfe1- 1200false
- 2198false
- 3196true
- 4194false
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Answer : 3. "196"
Q: Prakash, Sunil and Anil started a business jointly investing Rs. 11 lakhs, Rs. 16.5 lakhs and Rs 8.25 lakhs respectively. The profit earned by them in the business at the end of three years was Rs. 19.5 lakhs. What will be the 50% of Anil's share in the profit?
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5e4d07f9701cfd31ff632dc3- 1Rs. 4.5 lakhsfalse
- 2Rs. 2.25 lakhstrue
- 3Rs. 2.5 lakhsfalse
- 4Rs. 3.75 lakhsfalse
- 5None of thesefalse
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Answer : 2. "Rs. 2.25 lakhs "
Q: A piece of land came to a person through three middlemen each gaining 20%. If the person purchased the land for Rs. 3,45,600 the original cost of the land was:
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5efd52dceb90be58c591c022- 1Rs.1,75,800false
- 2Rs.2,00,000true
- 3Rs.1,00,000false
- 4Rs.1,50,000false
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Answer : 2. "Rs.2,00,000"
Q: A trader sold an article at profit of 20%. Had he bought that article at 60% less price and sold it at Rs 90 less, then he would have gained 50%. What is the value (in Rs) of cost price?
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5efd52047228dd6b06e2c9a3- 1250false
- 2300false
- 3150true
- 4200false
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Answer : 3. "150 "
Q: Profit after selling a commodity for 524 is the same as loss after selling it for Rs. 452. The cost price of the commodity is
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5ddfc6a70fc39a7688757a3b- 1480false
- 2500false
- 3488true
- 4485false
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Answer : 3. "488 "
Q: On selling 36 oranges one incurs a loss equal to selling Price of 4 oranges. What will be the loss%? 2425 05d133058925caa2d5bbbff6b
5d133058925caa2d5bbbff6b- 110%true
- 234%false
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Answer : 1. "10%"
Q: An article is sold at a loss of 20 %. It yields Rs. 60 more when it is sold at a gain of 20 %. The cost price of the article is
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5dcb83b9e9d33d6509bd9859- 1Rs. 200false
- 2Rs. 150true
- 3Rs. 140false
- 4Rs. 120false
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