Profit and Loss Practice Question and Answer
8 Q: A tradesman marks his goods at 20 % above the cost price. He allows his customers a discount of 8% on marked price. Find out his profit percent.
1535 05e268e054064eb35eef6433a
5e268e054064eb35eef6433a- 112 %false
- 210.4 %true
- 316 %false
- 420 %false
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Answer : 2. "10.4 %"
Q: A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225/- for it, the cost price of the bicycle for A is:
1526 05e205e5c5f8f8e395f8f1439
5e205e5c5f8f8e395f8f1439- 1Rs. 110 / -false
- 2Rs. 125 /-false
- 3Rs. 120 / -false
- 4Rs. 150 /-true
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Answer : 4. "Rs. 150 /-"
Q: Rahul purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?
1524 05f97fca4d433054b5c8ae755
5f97fca4d433054b5c8ae755- 13.5false
- 24.5false
- 36.5false
- 45.6true
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Answer : 4. " 5.6"
Q: From 2008 to 2009, the sales of a book decreased by 80%. If the sales in 2010 were the same as in 2008, by what percent did it increase from 2009 to 2010?
1517 05ff4106fd4181b48e8fa7240
5ff4106fd4181b48e8fa7240- 1120%false
- 2400%true
- 380%false
- 4100%false
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Answer : 2. "400%"
Q: Last year Mr. A bought two paintings. This year he sold them for Rs. 20,000 each. On one, he made a 25 % profit and of the other he had a 25 % loss. Then his net profit or loss is
1511 05efd5101d4461c5b47d85bf4
5efd5101d4461c5b47d85bf4- 1He earned more than Rs. 2000false
- 2He earned less than Rs . 2000false
- 3He lost more than Rs. 2000true
- 4He lost more than Rs. 2000false
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Answer : 3. "He lost more than Rs. 2000 "
Q: A shopkeeper had 2000 kgs of rice. He sold a part of it at 11% profit and the rest at 17% profit, so that he made a total profit 15.2%. How much rice (in kgs) did he sell at 17% profit?
1509 05dca96a185d84c59cfba67a2
5dca96a185d84c59cfba67a2- 1600false
- 21400true
- 3700false
- 41200false
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Answer : 2. "1400"
Q: A shopkeeper sold his goods at half the list price and thus lost 20 %. If he had sold on the listed price, his gain percentage would be
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5efd3f4d7228dd6b06e2916a- 120%false
- 260%true
- 335%false
- 472%false
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Answer : 2. "60% "
Q: The marked price of a table fan is ₹3,750 and is available to the retailer at a discount of 20%. At what price should the retailer sell it to earn a profit of 15%?
1499 064479811cd6ea382cf821e76
64479811cd6ea382cf821e76- 1₹3,450true
- 2₹3,350false
- 3₹3,300false
- 4₹3,400false
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