Profit and Loss Practice Question and Answer
8 Q: When Vijay sells 12 pens, he gains the selling price of pens. Calculate his % profit?
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5ee05d150cb2490dae74fa27- 115%false
- 220%true
- 318%false
- 412%false
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Answer : 2. "20%"
Q: By selling a pen for Rs 105 there is a loss of 30%. At what price (in Rs) the pen must be sold in order to gain 30%?
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5dca952b45ad6b59c82bb777- 1215false
- 2165false
- 3195true
- 4200false
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Answer : 3. "195"
Q: Naresh purchased a TV set for Rs. 11,250 after getting a discount of 10 % on the labeled price. He spent Rs. 150 on transport and Rs. 800 on installation. At what price should it be sold so that the profit earned would have been 15 % if no discount was offered?
2433 05e4d0e43701cfd31ff635155
5e4d0e43701cfd31ff635155- 1Rs. 12937.50false
- 2Rs. 14,030true
- 3Rs. 13,450false
- 4Rs. 15467.50false
- 5None of thesefalse
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Answer : 2. "Rs. 14,030 "
Q: Sujatha sold 75% of her goods at a profit of 24% and the remaining at a loss of 40%. What is her gain/loss percentage on the whole transaction?
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5fbe732c2e911753dd5631ab- 18% gaintrue
- 210% gainfalse
- 37.5 % lossfalse
- 49 % lossfalse
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Answer : 1. "8% gain"
Q: A dishonest dealer marks up the price of an article by 15% and gave a discount of 20%. He also uses 900gm instead of 1000gm. Find his profit percent.
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5df9b9517c41ef1d193379e4- 1$$ { 23\over8}$$false
- 2$$ { 20\over9}$$true
- 310false
- 4$$ { 15\over7}$$false
- 520false
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Answer : 2. "$$ { 20\over9}$$"
Q: The cost price of an article is 480. If it is to be sold at a profit of 6.25 %, how much would be its selling price?
2404 05e6c5be78fcee56af205341b
5e6c5be78fcee56af205341b- 1Rs 510true
- 2Rs 530false
- 3Rs 503false
- 4Rs 519false
- 5None of thesefalse
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Answer : 1. "Rs 510"
Q: If a man estimates his loss as 20% of the selling price, then his loss percent is:
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5dbfbbd8c559bc74bfc42b8c- 120%false
- 225%false
- 340/3%false
- 450/3%true
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Answer : 4. "50/3%"
Q: A vacuum cleaner was marked at 30% above the cost price and a discount of 24% was given on its marked price. What is the profit/loss percentage?
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611f795bb14e9c13a8ec06c3- 14%false
- 21.2%true
- 36.25%false
- 42.5%false
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