Profit and Loss Questions Practice Question and Answer
8 Q: If 5500 copies are published and the transportation cost on them amounts to Rs. 82,500, then what should be the selling price of the book so that the publisher can earn a profit of 25%?
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5d70c73bd8eebc768d114030
- 1Rs. 187.50true
- 2Rs. 191.50false
- 3Rs. 175false
- 4Rs. 180false
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Answer : 1. "Rs. 187.50"
Explanation :
For the publisher to earn a profit of 25% S.P = 125% of C.P.
Also Transportation Cost = 10% of C.P.
Let the S.P of 5500 books be Rs. x.
Then, 10 : 125 = 82500 : x ⇒ x = Rs. = Rs. 1031250.
⸫ S.P. of one book = Rs. = Rs. 187.50.
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?
2352 05ea6d04ffb6adc33ce5c9c23
5ea6d04ffb6adc33ce5c9c23- 1Rs. 8000false
- 2Rs. 5000true
- 3Rs. 6000false
- 4Rs. 4500false
- 5Rs. 5500false
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Answer : 2. "Rs. 5000 "
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: 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? 2282 05d132e47925caa2d5bbbff61
5d132e47925caa2d5bbbff61- 120false
- 225true
- 340false
- 410false
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Answer : 2. "25"
Q: The cost price of two dozen bananas is Rs. 32 After selling 18 bananas at the rate Rs. 12 per dozen, the shopkeeper reduced to rate as Rs. 4 per dozen. The percent loss is
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5efc6b968e73c352771d8e75- 136.5%false
- 237.5%true
- 325.2%false
- 432.4%false
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Answer : 2. "37.5% "
Q: A DVD player was purchased for Rs 4860. At what price should it be sold so that 25% profit is earned?
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5e6c991dd71e3c58da724d3d- 1Rs 6225false
- 2Rs 6275false
- 3Rs 6075true
- 4Rs 6025false
- 5None of thesefalse
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Answer : 3. "Rs 6075"
Q: A cloth merchant sold half of his cloth at 20 % profit, half of the remaining cloth at 20 % loss and the rest was sold at its cost price. In the total transaction, his gain or loss will be
2170 05d8c92eb83050426e7abfd4d
5d8c92eb83050426e7abfd4d- 15% profittrue
- 2Neither loss nor gainfalse
- 35% lossfalse
- 410%false
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