Profit and Loss Practice Question and Answer
8 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?
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642253fd2b960e1a4180c9bb- 166.67%true
- 238.33%false
- 341.33%false
- 451.33%false
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Answer : 1. "66.67%"
Q: A trader had 16 quintals of wheat. He sold a part of it at 17% profit and the rest at 27% profit, so that he made a total profit of 21%. How much wheat did he sell at 27 % profit?
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5f1a8687209bcc11a7898179- 1320 kgfalse
- 21280 kgfalse
- 3960 kgfalse
- 4640 kgtrue
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Answer : 4. "640 kg "
Q: If the selling price of a product is multiplied by 2, the resulting profit is 6 times the original profit. What is the original profit percentage?
1767 05f9a9db83149fe41bd5f7e1e
5f9a9db83149fe41bd5f7e1e- 125true
- 210false
- 320false
- 415false
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Answer : 1. "25"
Q: If the cost of production of an article is 2/5 of its marked retail price, If it is sold at 10 % discount then what will be profit ?
1761 05e6f7d2e3550c37dbe365029
5e6f7d2e3550c37dbe365029- 125%false
- 240%false
- 350%false
- 4125%true
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Answer : 4. "125% "
Q: A person bought pens at 25 for a rupee and sold at 15 for a rupee. What is his profit percentage?
1759 05f2e52432b354b255006cbff
5f2e52432b354b255006cbff- 1$$66{2\over 3}$$true
- 240false
- 3$$16{2\over 3}$$false
- 4$$33{1\over 3}$$false
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Answer : 1. "$$66{2\over 3}$$"
Q: If a vendor sells apples at Rs 170 per kg he suffers 15 % loss. If he sells at Rs 230 per kg, then what is his profit percentage?
1752 05f328208a19eae5979ff56a3
5f328208a19eae5979ff56a3- 15false
- 220false
- 315true
- 410false
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Answer : 3. "15 "
Q: Krishna bought a camera and paid 20 % less than its original price. He sold it at 40 % profit on the price he had paid. The percentage of profit earned by Krishna on the original price was
1744 05efc71668e73c352771d9da8
5efc71668e73c352771d9da8- 112true
- 215false
- 322false
- 432false
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Answer : 1. "12"
Q: If a man purchase 11 articles for Rs.10 and sold all the articles at the rate of 10 for Rs.11, the profit percentage will be.
1743 05ee21d122bf4c40446474582
5ee21d122bf4c40446474582- 110%false
- 211%false
- 321%true
- 4100%false
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