Profit and Loss Practice Question and Answer
8 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?
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5eb507e64080050ac2650bc0- 150% Profitfalse
- 225% Profittrue
- 350% Lossfalse
- 425% Lossfalse
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Answer : 2. "25% Profit "
Q: Purchased a table for 13500 and sold it 11000. What is his loss percentage?
2146 05e7c376f50339c736669288a
5e7c376f50339c736669288a- 119.81%false
- 220.62%false
- 321.78%false
- 418.52%true
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Answer : 4. "18.52%"
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.
2144 060408aafb0e8d85dadab7639
60408aafb0e8d85dadab7639- 1Rs 750true
- 2Rs 760false
- 3Rs 744false
- 4Rs 757false
- 5Rs 748false
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Answer : 1. "Rs 750"
Q: A man purchased a bed sheet for Rs. 450 and sold it at again of 10 % calculated on the selling price. The selling price of the bedsheets was
2137 05dcb896ae9d33d6509bd9de7
5dcb896ae9d33d6509bd9de7- 1Rs. 460false
- 2Rs . 475false
- 3Rs . 480false
- 4Rs . 500true
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Answer : 4. "Rs . 500 "
Q: Cost of 36 pens and 42 Pencils is Rs 460. What is the cost of 18 pens and 21 pencils?
2137 05df0b8600183ea49d62ac237
5df0b8600183ea49d62ac237- 1230true
- 2203false
- 3302false
- 4320false
- 5None of thesefalse
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Answer : 1. "230"
Explanation :
(36 Pens + 42 Pencils)=460
2(18Pens + 21 Pencils) = 460
18 Pens +21 Pencils =230 Ans.
Q: A Microwave oven is sold in Hyderabad for Rs.M. A retailer, Elahi from Hyderabad went to Madras and bought it for 25% less (when compared to the price in Hyderabad). He spends Rs.1,000 on transport to bring it from Madras to Hyderabad. He sold it in Hyderabad for Rs.M making a profit of 10%. Find the value of M (in Rs.).
2108 0647f3858e72c4684a1e26e61
647f3858e72c4684a1e26e61- 16,285.7true
- 26,258.8false
- 36,305.8false
- 46,527.9false
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Answer : 1. "6,285.7 "
Q: Ranjan made a profit of 25% when selling a TV set at Rs. 3000. If he now has to pay Rs. 500 more for the set, what should be his new selling price in order to make the same percentage of profit?
2100 060c3443fb0fa62518b433b1e
60c3443fb0fa62518b433b1e- 1₹ 3650false
- 2₹ 4000false
- 3₹ 3600false
- 4₹ 3625true
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Answer : 4. "₹ 3625 "
Q: Profit obtained on selling an article for Rs 540 is equal to the loss incurred on selling the article for Rs 370. if selling price is Rs. 910, Then what is the profit percentage?
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5f211ad70fc7110ad91fb995- 150false
- 2100true
- 3$$16{2\over 3}$$false
- 4$$33{1\over 3}$$false
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