Profit and Loss Practice Question and Answer
8 Q:Directions: Study the information given below and answer the questions that follow.
An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
What was the marked price of the article?
1732 05df0b4e6004abe5c78f74f21
5df0b4e6004abe5c78f74f21An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
- 1Rs 6207false
- 2Rs 6242false
- 3Rs 6292false
- 4Rs 6192false
- 5Rs 6272true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 5. "Rs 6272"
Q: Kuldeep sells an article for ₹ 3240 and earns a profit of 20%. What is the cost price of the article?
1730 0603363b0ed952b1532dcf426
603363b0ed952b1532dcf426- 1₹ 2750false
- 2₹ 2700true
- 3₹ 2800false
- 4₹ 2820false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "₹ 2700"
Q: A car worth Rs 30,000 was sold by A to B at 10 % profit. B sold the car back to A at 5 % loss. In the entire transaction.
1727 05f2cfe55be9f31290fb86bc9
5f2cfe55be9f31290fb86bc9- 1A gain Rs 1500false
- 2A loss Rs 1500false
- 3A gain Rs. 1650true
- 4A gain Rs. 1850false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "A gain Rs. 1650"
Q: A man sells two chairs at Rs. 120 each and by doing so he gains 25% on one chair and loses 25% on the other. His loss on the whole in Rs.is
1724 05f6d8bdfff25c92a085a9596
5f6d8bdfff25c92a085a9596- 120false
- 216true
- 325false
- 430false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "16"
Q: A phone is sold for Rs. 860 at a loss of 20% for how much should it be sold gain 10%?
1712 0608fbda10ce9ec791f085873
608fbda10ce9ec791f085873- 1Rs.1182.5true
- 2Rs.1168.5false
- 3Rs.1092.5false
- 4Rs.1220.5false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rs.1182.5"
Q: A vendor buys bananas at 12 for 45 and sells at 5 for 35. What will be the gain ?
1697 05ed9d0b4f528050f914ffb64
5ed9d0b4f528050f914ffb64- 187 %true
- 282 %false
- 392 %false
- 489 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. " 87 % "
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
1689 060068accda571525629f5e74
60068accda571525629f5e74- 1400true
- 2508false
- 3500false
- 4498false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "400"
Q: Sarita started a boutique investing an amount of 50,000. Six months later Neeta joined her with an amount of 80,000. At the end of one year they earned a profit of 18,000. What is the Sarita’s share in the profit?
1688 0605c58b03af5ff63fd6b47eb
605c58b03af5ff63fd6b47eb- 19000false
- 28000false
- 312000false
- 410000true
- Show AnswerHide Answer
- Workspace
- SingleChoice

