Profit and Loss Questions Practice Question and Answer
8 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.
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64953a83cae316dfef75ba40- 120.23%false
- 223.08%true
- 318.75%false
- 415.23%false
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Answer : 2. "23.08% "
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?
2601 05da0599b0ba8fe2a19c24633
5da0599b0ba8fe2a19c24633- 1Rs 2500false
- 2Rs 2450true
- 3Rs 2550false
- 4Rs 3315false
- 5None of thesefalse
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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)?
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5efd52587228dd6b06e2cb07- 1300false
- 2240true
- 3360false
- 4250false
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Answer : 2. "240 "
Q: If 3 toys are sold at the cost price of 4 toys of the same kind, the profit will be:
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5d7f1dba50132761b5ef7bb9- 125%false
- 2$$ 33{1\over3}\%$$true
- 3$$ 66{1\over3}\%$$false
- 450%false
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Answer : 2. "$$ 33{1\over3}\%$$ "
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?
2531 0642c0a52dcb650c1457904b8
642c0a52dcb650c1457904b8- 1₹650false
- 2₹750true
- 3₹450false
- 4₹500false
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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?
2520 05fd9c16c89d4575ab4909a0b
5fd9c16c89d4575ab4909a0b- 125 %false
- 245 %false
- 322.5 %false
- 450 %true
- 535 %false
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Answer : 4. "50 %"
Q: 17 articles were bought for ₹3910 and sold for ₹4590. How much was the approximate profit percentage per article?
2517 05df2237ffb64ec452cb6e020
5df2237ffb64ec452cb6e020- 117 %true
- 212 %false
- 39 %false
- 421 %false
- 525 %false
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Answer : 1. "17 % "
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?
2510 05fa919e84e71ba46b02a59cf
5fa919e84e71ba46b02a59cf- 110 %false
- 225 %false
- 320 %true
- 415 %false
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