Profit and Loss Practice Question and Answer
8 Q: The cost price of 12 pens is equal to the selling price of 8 pens. The profit percentage is:
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609f9ba56397877f3199dea2- 150 %true
- 240 %false
- 355 %false
- 445 %false
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Answer : 1. "50 %"
Q: If an item is sold for Rs. 270, there is a loss of 10 percent on it , then what will be the cost price of that item?
2364 05f892eb358d85e164c5b5cb2
5f892eb358d85e164c5b5cb2- 1Rs. 300true
- 2Rs. 330false
- 3Rs. 240false
- 4Rs. 324false
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Answer : 1. "Rs. 300 "
Q: A loss of 19% gets converted into a profit of 17% when the selling price is increased by Rs. 162. The cost price of the article is
2362 05de495ef6528fb7f3ab00d26
5de495ef6528fb7f3ab00d26- 1Rs. 450true
- 2Rs. 600false
- 3Rs. 360false
- 4Rs. 540false
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Answer : 1. "Rs. 450"
Q: A wholesaler had 200 dozen of mangoes. He sold some of these mangoes at 20 % profit and the rest at 10 % profit, so that he made 13 % profit on selling all the mangoes. How many mangoes in dozens) did he sell at 20 % profit?
2349 05f0d97cdf4c8bf4badfdd75e
5f0d97cdf4c8bf4badfdd75e- 180false
- 2120false
- 3140false
- 460true
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Answer : 4. "60 "
Q: If the profit on selling an article for Rs. 425 is the same as the loss on selling it for Rs. 355, then the cost price of the article is
2349 05f803b6488aba328edaf3cd0
5f803b6488aba328edaf3cd0- 1Rs. 390true
- 2Rs. 380false
- 3Rs. 400false
- 4Rs. 440false
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Answer : 1. "Rs. 390"
Explanation :

Q: A wholesaler sold a water purifier at a loss of 40%. If the selling price has been increased by Its. 125, then wholesaler will get the profit of 10%. What was the cost price of the purifier?
2347 05ee05cab3f1add232d832452
5ee05cab3f1add232d832452- 1Rs. 250true
- 2Rs. 225false
- 3Rs. 275false
- 4Rs. 300false
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Answer : 1. "Rs. 250 "
Q: A trader bought 120 kg of potato at 24/kg. He sold 80 kg of it at 50% profit and the balance at 25% low. Find the total profit or loss?
2327 05eb507e64080050ac2650bc0
5eb507e64080050ac2650bc0- 150% Profitfalse
- 225% Profittrue
- 350% Lossfalse
- 425% Lossfalse
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Answer : 2. "25% Profit "
Q: A shopkeeper marked the price of an article by 40% above cost price and gave discount of Rs. 224. On the final amount, he charged 10% tax. In the whole transaction, he earned Rs. 158.6. Find cost price of the article.
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60408aafb0e8d85dadab7639- 1Rs 750true
- 2Rs 760false
- 3Rs 744false
- 4Rs 757false
- 5Rs 748false
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