Profit and Loss Practice Question and Answer
8 Q: The cost price of an article is Rs. 480. If it is sold at a profit of 12.5 percent, what will be the selling price of the article?
1855 05f1aa68498004644da94fca3
5f1aa68498004644da94fca3- 1Rs. 500false
- 2Rs.560false
- 3Rs. 540true
- 4Rs.492.5false
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Answer : 3. "Rs. 540"
Q: Selling price of an article is $${7\over6}$$ of cost price. What is the profit percentage?
1840 05eb94f8064cb07648b62f9f5
5eb94f8064cb07648b62f9f5- 1$$14{7\over6}\% $$false
- 2$$12{1\over2}\% $$false
- 320%false
- 4$$16{2\over3}\% $$true
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Answer : 4. "$$16{2\over3}\% $$"
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
1820 05efd3f4d7228dd6b06e2916a
5efd3f4d7228dd6b06e2916a- 120%false
- 260%true
- 335%false
- 472%false
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Answer : 2. "60% "
Q: Arun bought an old computer and spent ₹110 on its repairs. He then sold it to Bhola at a profit of 20%. Bhola sold it to Chandan at a loss of 10%. Chandan finally sold it for ₹1,188 at a profit of 10%. How much did Arun buy the computer for?
1818 06413144d67ad957a977a8e65
6413144d67ad957a977a8e65- 1₹890true
- 2₹640false
- 3₹750false
- 4₹1,050false
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Answer : 1. "₹890"
Q: If a manufacturer gains 10 percent, wholesaler 15 percent and retailer 25 percent, then the production cost of an article, whose retail price is Rs. 1,265, is
1814 05efc71058e73c352771d9cd7
5efc71058e73c352771d9cd7- 1Rs. 800true
- 2Rs. 900false
- 3Rs. 700false
- 4Rs. 750false
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Answer : 1. "Rs. 800 "
Q: A scooter was purchased for Rs 30,000 and Rs 3,000 was spent to repair it. It was sold for Rs 39,600. What was the profit percentage?
1812 05f6d86d1f9079a64e3bed9f3
5f6d86d1f9079a64e3bed9f3- 115false
- 220true
- 325false
- 410false
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Answer : 2. "20"
Q: If Cost Price of 20 tables is equal to the Selling Price of 25 tables. Find the loss percentage.
1810 06024f2fbcce66f776c86d5ee
6024f2fbcce66f776c86d5ee- 120%true
- 224%false
- 312%false
- 416%false
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Answer : 1. "20% "
Q: By Selling 90 pens for Rs. 80 a man loses 20%. What should be the selling price (in Rs.) of 90 pens for 20% profit?
1809 05ff9afc5eb74c178bf40c824
5ff9afc5eb74c178bf40c824- 190false
- 2100false
- 3110false
- 4120true
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