Profit and Loss Practice Question and Answer
8 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?
1940 060c3443fb0fa62518b433b1e
60c3443fb0fa62518b433b1e- 1₹ 3650false
- 2₹ 4000false
- 3₹ 3600false
- 4₹ 3625true
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Answer : 4. "₹ 3625 "
Q: If shopkeeper sold the mobile for Rs.15000 and then he gets some loss. If he sold the same mobile at Rs.19200 and then he gets profit is double of loss. Find the cost price of the mobile?
1920 063d0c7b35392140e28eeca40
63d0c7b35392140e28eeca40- 1Rs.16000false
- 2Rs.18000false
- 3Rs.17500false
- 4None of thesetrue
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Answer : 4. "None of these "
Q: Due to increase in the value of eggs by 20 percent, two eggs started getting less at Rs. 24. The current price per dozen of eggs.
1911 05f76cedcf66ef56de858d438
5f76cedcf66ef56de858d438- 1Rs.25false
- 2Rs.26.20false
- 3Rs.27.80false
- 4Rs.28.80true
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Answer : 4. "Rs.28.80"
Q: The cost price of two items P and Q are equal. If item P sold at 40% profit and item Q sold at 20% less than the selling price of item P, then the total profit is ?
1901 05e9d3fe8bf0a265d837bfcbd
5e9d3fe8bf0a265d837bfcbd- 1₹ 600false
- 2₹ 500true
- 3₹ 660false
- 4₹ 550false
- 5None of thesefalse
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Answer : 2. "₹ 500"
Q: A cow was sold at 8% profit. If it were bought at 20% less and sold at 40% profit, then the owner would gain ₹ 640 more. Find the initial cost price of the cow.
1901 1614c6ea7cf76ad014639dbc3
614c6ea7cf76ad014639dbc3- 1₹ 15,000false
- 2₹ 16,000true
- 3₹ 20,000false
- 4₹ 25,000false
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Answer : 2. "₹ 16,000 "
Q: The reduction of Rs . 12 in the selling price of an article will changes 5 % gain into $$ 2{1\over 2}\% $$ loss . The cost price of the article is
1898 05d9dab835863b37fdc696095
5d9dab835863b37fdc696095- 1Rs. 140false
- 2Rs. 160true
- 3Rs. 80false
- 4Rs. 100false
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Answer : 2. "Rs. 160"
Q: A trader had 2000 kgs of rice. He sold a part of it at 10 % profit and the rest at 16 % profit so that he made a total profit of 14.2%. How much rice (in kg) did he sell at 10 % profit?
1897 05dca4eecf7c0852c4475b0b9
5dca4eecf7c0852c4475b0b9- 11400false
- 2600true
- 3800false
- 41000false
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Answer : 2. "600"
Q: An article is sold at a loss of 40%. The nominal amount of loss is approximately what percentage of the selling price of the article?
1881 0642253fd2b960e1a4180c9bb
642253fd2b960e1a4180c9bb- 166.67%true
- 238.33%false
- 341.33%false
- 451.33%false
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