Profit and Loss Questions Practice Question and Answer

Q:

A fan is sold for ₹1,560 at a profit of 30%. If its selling price is ₹960, then what will be the loss percentage?

2198 0

  • 1
    30%
    Correct
    Wrong
  • 2
    20%
    Correct
    Wrong
  • 3
    10%
    Correct
    Wrong
  • 4
    25%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "20% "

Q:

Ram sells a car to Mohan at a profit of 16% and Mohan sells it to Shyam at a profit of 25%. How much profit% Ram would have got if he had sold the car directly to Shyam at the price Shyam bought it?

2172 0

  • 1
    41%
    Correct
    Wrong
  • 2
    42%
    Correct
    Wrong
  • 3
    45%
    Correct
    Wrong
  • 4
    50%
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "45%"

Q:

A trader bought 10 kg of apples for Rs. 405 out of which 1 kg of apples were found to be rotten. If he wishes to make a profit of 10 % at what rate should he sell the remaining apples per kg? 

2166 0

  • 1
    49.5
    Correct
    Wrong
  • 2
    48
    Correct
    Wrong
  • 3
    46
    Correct
    Wrong
  • 4
    47
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. " 49.5 "

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?

2147 0

  • 1
    25 %
    Correct
    Wrong
  • 2
    45 %
    Correct
    Wrong
  • 3
    22.5 %
    Correct
    Wrong
  • 4
    50 %
    Correct
    Wrong
  • 5
    35 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "50 %"

Q:

30 dozen walnuts were purchased for Rs. 14400 and 32 packets of walnuts (20 walnuts in each packet) were purchased for Rs. 57600. If a packet of Akharato was sold for five rupees in a pack at Rs. 432, what would be the profit percentage?

2142 0

  • 1
    10 %
    Correct
    Wrong
  • 2
    25 %
    Correct
    Wrong
  • 3
    20 %
    Correct
    Wrong
  • 4
    15 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "20 % "

Q:

If the ratio of selling price and cost price is 4:5 respectively, then what is the loss percentage?

2131 0

  • 1
    10
    Correct
    Wrong
  • 2
    16.66
    Correct
    Wrong
  • 3
    12.5
    Correct
    Wrong
  • 4
    20
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "20"

Q:

Priya purchased two mixers for Rs.1500 and made a profit of 9% on one and loss of 6% on the other. But overall there is no profit or loss, then cost price of mixture are in the ratio?

2117 0

  • 1
    3 : 5
    Correct
    Wrong
  • 2
    2 : 3
    Correct
    Wrong
  • 3
    5 : 3
    Correct
    Wrong
  • 4
    3 : 2
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "2 : 3"

Q:

A man buys a machine for Rs.5,000. After one year, he sells it for Rs.6000. After two years, again he buys the same machine at Rs.8,000 and sells it for Rs.10,000. Find his overall profit percentage for both the transactions.

2100 0

  • 1
    20.23%
    Correct
    Wrong
  • 2
    23.08%
    Correct
    Wrong
  • 3
    18.75%
    Correct
    Wrong
  • 4
    15.23%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "23.08% "

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully