Profit and Loss Practice Question and Answer
8 Q: A store sells a watch for a profit of 25% of the cost. Then the percentage of profit against selling price is-
1975 061161e5f56340c20700ab605
61161e5f56340c20700ab605- 122%false
- 220%true
- 318%false
- 415%false
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Answer : 2. "20%"
Explanation :

Q: Selling price of an article is $${7\over6}$$ of cost price. What is the profit percentage?
1975 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: 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?
1969 06413144d67ad957a977a8e65
6413144d67ad957a977a8e65- 1₹890true
- 2₹640false
- 3₹750false
- 4₹1,050false
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Answer : 1. "₹890"
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?
1968 05dca96a185d84c59cfba67a2
5dca96a185d84c59cfba67a2- 1600false
- 21400true
- 3700false
- 41200false
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Answer : 2. "1400"
Q: A merchant sells a radio at 10 % profit if he bought 10% less and sold it Rs.132 less then he got 10% profit. Find the cost price of radio?
1962 05ec7cd82112c8637e1b4fe6f
5ec7cd82112c8637e1b4fe6f- 11100false
- 21200true
- 31300false
- 41320false
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Answer : 2. "1200"
Q: Vinayak bought an item and sold it at a loss of 5%. If he had bought it for 10% less and sold it for Rs.390 more, he would have had a profit of 20%, find the cost price of item.
1950 05f2e3ff48c86ab1da0005995
5f2e3ff48c86ab1da0005995- 1Rs. 3300false
- 2Rs. 3600false
- 3Rs. 3200false
- 4Rs. 3000true
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Answer : 4. "Rs. 3000"
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
1949 05efc71058e73c352771d9cd7
5efc71058e73c352771d9cd7- 1Rs. 800true
- 2Rs. 900false
- 3Rs. 700false
- 4Rs. 750false
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Answer : 1. "Rs. 800 "
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
1940 05efd3f4d7228dd6b06e2916a
5efd3f4d7228dd6b06e2916a- 120%false
- 260%true
- 335%false
- 472%false
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