Profit and Loss Questions Practice Question and Answer
8 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 –
2160 0600e8ccd59b22a1f1cdd8aea
600e8ccd59b22a1f1cdd8aea- 1₹ 800true
- 2₹ 900false
- 3₹ 700false
- 4₹ 600false
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Answer : 1. "₹ 800 "
Q: Cost of 24 bats and 32 sticks is Rs 5600. What is the price of 3 bats and 4 sticks?
2156 05da0551400e22578c9e9a004
5da0551400e22578c9e9a004- 1Rs 1400false
- 2Rs 2800false
- 3Rs 700true
- 4Data Inadequatefalse
- 5None of thesefalse
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Answer : 3. "Rs 700"
Q: What should be % increased the Marked price so that even after allowing 10% discount one get the profit of 26%? 2127 05d133e2fd2441c3c5ff90a46
5d133e2fd2441c3c5ff90a46- 120%false
- 250%false
- 360%false
- 440%true
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Answer : 4. "40%"
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 ? 2103 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: A shopkeeper earns a profit equal to the cost price of 15 meter by selling 45 meter cloth. Find the profit percent? 2093 05d13365fd2441c3c5ff90a30
5d13365fd2441c3c5ff90a30- 133%false
- 230%false
- 3true
- 455%false
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Answer : 3. "
Q: A shopkeeper sold an item at a profit of 20 %. If he reduces the price of the item by Rs. 900, he incurs a loss of 10 %. What is the cost price of the item?
2064 062f38b523342ab118439cab1
62f38b523342ab118439cab1- 1Rs. 4900false
- 2Rs. 4200false
- 3Rs. 3500false
- 4Rs. 3000true
- 5None of thesefalse
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Answer : 4. "Rs. 3000"
Q: Jack sold a dress for Rs.1440 and made a profit of 20%. What was its cost?
2057 05eb50b18a201e2350c47eea3
5eb50b18a201e2350c47eea3- 11152false
- 21240false
- 31200true
- 41180false
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Answer : 3. "1200 "
Q: A dealer bought an item at 10% discount on its original price. He sold it at 35 % more than the original price. What percentage profit did he get?
2044 05fd9c16c89d4575ab4909a0b
5fd9c16c89d4575ab4909a0b- 125 %false
- 245 %false
- 322.5 %false
- 450 %true
- 535 %false
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