Profit and Loss Questions Practice Question and Answer

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?

2286 0

  • 1
    10 %
    Correct
    Wrong
  • 2
    25 %
    Correct
    Wrong
  • 3
    20 %
    Correct
    Wrong
  • 4
    15 %
    Correct
    Wrong
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Answer : 3. "20 % "

Q:

If A purchased 109 cars for Rs.2,64,89,071. How much does 1 car cost? 

2282 0

  • 1
    Rs.2,43,109
    Correct
    Wrong
  • 2
    Rs.2,39,140
    Correct
    Wrong
  • 3
    Rs.2,43,019
    Correct
    Wrong
  • 4
    Rs.2,43,190
    Correct
    Wrong
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Answer : 3. "Rs.2,43,019 "

Q:

If the selling price of a shirt is reduced from 440 to ₹410, the loss increases by 4%. What is the cost price of the shirt?

2278 0

  • 1
    ₹650
    Correct
    Wrong
  • 2
    ₹750
    Correct
    Wrong
  • 3
    ₹450
    Correct
    Wrong
  • 4
    ₹500
    Correct
    Wrong
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Answer : 2. "₹750 "

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?

2269 0

  • 1
    25 %
    Correct
    Wrong
  • 2
    45 %
    Correct
    Wrong
  • 3
    22.5 %
    Correct
    Wrong
  • 4
    50 %
    Correct
    Wrong
  • 5
    35 %
    Correct
    Wrong
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Answer : 4. "50 %"

Q:

Mohan purchased an article and sold it for Rs 2817.50 and earned 15% profit on the cost price. What was the cost price of the article?

2265 0

  • 1
    Rs 2500
    Correct
    Wrong
  • 2
    Rs 2450
    Correct
    Wrong
  • 3
    Rs 2550
    Correct
    Wrong
  • 4
    Rs 3315
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Rs 2450"

Q:

The cost price of an article is Rs x. It is marked up by 200%. It is sold at Rs. 540 after giving 25% discount. What is the value of x (in Rs)? 

2244 1

  • 1
    300
    Correct
    Wrong
  • 2
    240
    Correct
    Wrong
  • 3
    360
    Correct
    Wrong
  • 4
    250
    Correct
    Wrong
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Answer : 2. "240 "

Q:

A shopkeeper marked an article 75% above the cost price and sold it after a discount of 50%. Find the cost price of the article if he had a loss of Rs. 156.

2211 0

  • 1
    Rs. 1200
    Correct
    Wrong
  • 2
    Rs. 1240
    Correct
    Wrong
  • 3
    Rs. 1250
    Correct
    Wrong
  • 4
    Rs. 1248
    Correct
    Wrong
  • 5
    Rs. 1270
    Correct
    Wrong
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Answer : 4. "Rs. 1248"

Q: A fruit seller buys lemons two for Rs 1 and sells at 5 for Rs 3 rate. Find his profit percent. 2206 0

  • 1
    10
    Correct
    Wrong
  • 2
    15
    Correct
    Wrong
  • 3
    20
    Correct
    Wrong
  • 4
    25
    Correct
    Wrong
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Answer : 3. "20 "

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