Profit and Loss Practice Question and Answer
8 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?
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6413144d67ad957a977a8e65- 1₹890true
- 2₹640false
- 3₹750false
- 4₹1,050false
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Answer : 1. "₹890"
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?
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5ff9afc5eb74c178bf40c824- 190false
- 2100false
- 3110false
- 4120true
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Answer : 4. "120"
Q: The cost price of item B is Rs. 150/- more than the cost price of item A. Item A was sold at a profit of 10% and item B was sold at a loss of 20%. If the respective ratio of selling prices of items A and B is 11 : 12, what is the cost price of item B?
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61cdbab5edcf9307082e58bb- 1Rs. 450/-true
- 2Rs. 420/-false
- 3Rs. 400/-false
- 4Rs. 350/-false
- 5Rs. 480/-false
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Answer : 1. "Rs. 450/-"
Q: By selling an article for Rs. 700 a man lost 30 %. At what price should he have sold it to gain 30%?
1714 05dcb847345ad6b59c82cf7a7
5dcb847345ad6b59c82cf7a7- 1Rs . 910false
- 2Rs . 1200false
- 3Rs . 1232false
- 4Rs . 1300true
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Answer : 4. "Rs . 1300 "
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?
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5f6d86d1f9079a64e3bed9f3- 115false
- 220true
- 325false
- 410false
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Answer : 2. "20"
Q: A and B invest in a business in the ratio 3:2. If 5% of the total profit goes to charity and A’s share is Rs.855, the total profit is:
1707 05ee056528c4c964f73d774b5
5ee056528c4c964f73d774b5- 1Rs. 1425false
- 2Rs. 1500true
- 3Rs. 1537.50false
- 4Rs.1576false
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Answer : 2. "Rs. 1500"
Q: A shopkeeper bought goods for Rs. 2025. He sold $$ {1\over 5}$$ th of it at 20% profit and the remaining at the profit of 5%, the profit per cent on the whole is
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5feda2d5d6478d501619b9f4- 16%false
- 27%false
- 36.5%false
- 48%true
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Answer : 4. "8%"
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?
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5f3f8f6d03c6925a59d346d4- 115false
- 250true
- 330false
- 480false
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