Profit and Loss Practice Question and Answer

Q:

17 articles were bought for ₹3910 and sold for ₹4590. How much was the approximate profit percentage per article?

2511 0

  • 1
    17 %
    Correct
    Wrong
  • 2
    12 %
    Correct
    Wrong
  • 3
    9 %
    Correct
    Wrong
  • 4
    21 %
    Correct
    Wrong
  • 5
    25 %
    Correct
    Wrong
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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?

2506 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:

There is 10 % loss if a watch is sold for Rs 1440/-. At What price it is to be sold to get 15 % profit. 

2478 0

  • 1
    Rs. 1840/-
    Correct
    Wrong
  • 2
    Rs. 1850/-
    Correct
    Wrong
  • 3
    Rs. 1800/-
    Correct
    Wrong
  • 4
    Rs. 1860/-
    Correct
    Wrong
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Answer : 1. "Rs. 1840/- "

Q:

Oranges are bought at 7 for Rs. 3. At what rate per hundred must they be sold to gain 33 % ? 

2474 0

  • 1
    Rs. 56
    Correct
    Wrong
  • 2
    Rs. 60
    Correct
    Wrong
  • 3
    Rs. 58
    Correct
    Wrong
  • 4
    Rs. 57
    Correct
    Wrong
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Answer : 4. "Rs. 57"

Q: A fruit seller buys lemons two for Rs 1 and sells at 5 for Rs 3 rate. Find his profit percent. 2470 0

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

Q:

By a selling basket for Rs. 19.50, a shopkeeper gains 30 %. For how much should he sell it to gain 40 %? 

2465 0

  • 1
    Rs.24
    Correct
    Wrong
  • 2
    Rs.23
    Correct
    Wrong
  • 3
    Rs.21
    Correct
    Wrong
  • 4
    Rs.21.50
    Correct
    Wrong
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Answer : 3. "Rs.21 "

Q:

Cost of 18 shirts and 45 trousers is Rs 68,400. What is the cost of 10 shirts and 25 trousers?

2464 0

  • 1
    Rs 38,000
    Correct
    Wrong
  • 2
    Rs 36,000
    Correct
    Wrong
  • 3
    Rs 34,200
    Correct
    Wrong
  • 4
    Rs 36,200
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Rs 38,000"

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.

2451 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"

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