Profit and Loss Practice Question and Answer

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%?

1503 0

  • 1
    ₹3,450
    Correct
    Wrong
  • 2
    ₹3,350
    Correct
    Wrong
  • 3
    ₹3,300
    Correct
    Wrong
  • 4
    ₹3,400
    Correct
    Wrong
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Answer : 1. "₹3,450"

Q:

Cost of 8 pencils, 5 pens and 3 erasers is Rs.111. Cost of 9 pencils, 6 pens and 5 erasers is Rs.130. Cost of 16 pencils, 11 pens and 3 erases is Rs. 221 What is the Cost (in Rs) of 39 pencil , 26 pens and 13 erasers ?

1503 0

  • 1
    316
    Correct
    Wrong
  • 2
    624
    Correct
    Wrong
  • 3
    546
    Correct
    Wrong
  • 4
    482
    Correct
    Wrong
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Answer : 3. "546"

Q:

Selling price of an article is $${7\over6}$$ of cost price. What is the profit percentage?

1496 0

  • 1
    $$14{7\over6}\% $$
    Correct
    Wrong
  • 2
    $$12{1\over2}\% $$
    Correct
    Wrong
  • 3
    20%
    Correct
    Wrong
  • 4
    $$16{2\over3}\% $$
    Correct
    Wrong
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Answer : 4. "$$16{2\over3}\% $$"

Q:

If Cost Price of 20 tables is equal to the Selling Price of 25 tables. Find the loss percentage.

1490 0

  • 1
    20%
    Correct
    Wrong
  • 2
    24%
    Correct
    Wrong
  • 3
    12%
    Correct
    Wrong
  • 4
    16%
    Correct
    Wrong
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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?

1473 0

  • 1
    90
    Correct
    Wrong
  • 2
    100
    Correct
    Wrong
  • 3
    110
    Correct
    Wrong
  • 4
    120
    Correct
    Wrong
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Answer : 4. "120"

Q:

The cost price of 60 articles is same as the selling price of x articles. If there is a profit of 20%, then what is the value of x?

1472 0

  • 1
    15
    Correct
    Wrong
  • 2
    50
    Correct
    Wrong
  • 3
    30
    Correct
    Wrong
  • 4
    80
    Correct
    Wrong
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Answer : 2. "50"

Q:

A sells to B an iron box at 10% profit. B sells it to C for 20% profit. If C pays Rs. 528 then then the cost price of A is

1464 0

  • 1
    400
    Correct
    Wrong
  • 2
    508
    Correct
    Wrong
  • 3
    500
    Correct
    Wrong
  • 4
    498
    Correct
    Wrong
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Answer : 1. "400"

Q:

If a man were to sell his chair for Rs. 720, he would loss 25 %. To gain 25% he should sell it for__

1459 0

  • 1
    Rs. 1,200
    Correct
    Wrong
  • 2
    Rs. 1,000
    Correct
    Wrong
  • 3
    Rs. 960
    Correct
    Wrong
  • 4
    Rs. 900
    Correct
    Wrong
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Answer : 1. "Rs. 1,200"

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