Profit and Loss Questions Practice Question and Answer
8 Q: If a chair sold for Rs. 600 at the profit of 20%, then the original price of the chair is:
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5dbfbb70d701145da0b070fd- 1Rs. 540false
- 2Rs. 500true
- 3Rs. 480false
- 4Rs. 580false
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Answer : 2. "Rs. 500"
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
2567 05dcb83b9e9d33d6509bd9859
5dcb83b9e9d33d6509bd9859- 1Rs. 200false
- 2Rs. 150true
- 3Rs. 140false
- 4Rs. 120false
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Answer : 2. "Rs. 150 "
Q: Cost of 24 bats and 32 sticks is Rs 5600. What is the price of 3 bats and 4 sticks?
2558 05da0551400e22578c9e9a004
5da0551400e22578c9e9a004- 1Rs 1400false
- 2Rs 2800false
- 3Rs 700true
- 4Data Inadequatefalse
- 5None of thesefalse
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Answer : 3. "Rs 700"
Q: Two mobile phones were purchased at the same price. One was sold at a profit of 30 % and the second was sold at a price which was Rs 2500 less than the price at which the first was sold. If the overall profit earned by selling both the mobile phones was 5 %, what was the cost price of one mobile phone?
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5ea6d04ffb6adc33ce5c9c23- 1Rs. 8000false
- 2Rs. 5000true
- 3Rs. 6000false
- 4Rs. 4500false
- 5Rs. 5500false
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Answer : 2. "Rs. 5000 "
Q: Arun buys one kilogram of apples for Rs . 120 and sells it to Swati gaining 25 %. Swati sells it to Divya and Divya again sells it for Rs. 198, making a profit of 10 %. What is the profit percentage made by Swati?
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5dd37c16c2282c484e46288e- 125 %false
- 220 %true
- 316.67 %false
- 415 %false
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Answer : 2. "20 % "
Q: A dishonest dealer professes to sell his good at cost price, but he uses a weight of 800 gm. For one kg. Find his gain percent? 2493 05d132e47925caa2d5bbbff61
5d132e47925caa2d5bbbff61- 120false
- 225true
- 340false
- 410false
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Answer : 2. "25"
Q: On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is ? 2476 05b5cc74fe4d2b4197774fb3a
5b5cc74fe4d2b4197774fb3a- 1Rs. 55false
- 2Rs. 60true
- 3Rs. 65false
- 4Rs. 70false
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Answer : 2. "Rs. 60"
Explanation :
Answer: B) Rs. 60 Explanation: Let the cost price of a ball is Rs.xGiven, on selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 ballsThe equation is :17x - 720 = 5xSolving the equation we get x = 60Therefore, cost price of a ball is Rs. 60.
Q: The retail price of a water geyser is 1265. If the manufacturer gains 10 %, the wholesale dealer gains 15 % and the retailer gains 25 % , then the cost of the product is –
2439 0600e8ccd59b22a1f1cdd8aea
600e8ccd59b22a1f1cdd8aea- 1₹ 800true
- 2₹ 900false
- 3₹ 700false
- 4₹ 600false
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