Profit and Loss Practice Question and Answer
8 Q: An article is sold at 5 % profit. The ratio of selling price and cost price will be
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5dcb8a4385d84c59cfbb8aaf- 11 : 5false
- 220 : 21false
- 321 : 20true
- 45 : 1false
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Answer : 3. "21 : 20 "
Q: Kuldeep sells an article for ₹ 3240 and earns a profit of 20%. What is the cost price of the article?
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603363b0ed952b1532dcf426- 1₹ 2750false
- 2₹ 2700true
- 3₹ 2800false
- 4₹ 2820false
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Answer : 2. "₹ 2700"
Q: A store sells a watch for a profit of 25% of the cost. Then the percentage of profit against selling price is-
1658 061161e5f56340c20700ab605
61161e5f56340c20700ab605- 122%false
- 220%true
- 318%false
- 415%false
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Answer : 2. "20%"
Explanation :

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?
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605c58b03af5ff63fd6b47eb- 19000false
- 28000false
- 312000false
- 410000true
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Answer : 4. "10000"
Q: The price of 6 pencils is Rs. 30 and that of 12 pens is Rs. 120. What is the average price of 50 pencils and 50 pens?
1647 05f9a9ce13149fe41bd5f7c05
5f9a9ce13149fe41bd5f7c05- 1Rs. 6.75false
- 2Rs. 7.5true
- 3Rs. 5false
- 4Rs. 5.75false
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Answer : 2. "Rs. 7.5 "
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
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60068accda571525629f5e74- 1400true
- 2508false
- 3500false
- 4498false
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Answer : 1. "400"
Q: A phone is sold for Rs. 860 at a loss of 20% for how much should it be sold gain 10%?
1629 0608fbda10ce9ec791f085873
608fbda10ce9ec791f085873- 1Rs.1182.5true
- 2Rs.1168.5false
- 3Rs.1092.5false
- 4Rs.1220.5false
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Answer : 1. "Rs.1182.5"
Q: What would be the printed price of a wallclock purchased at ₹380, so that after giving 5 % discount, there is 25 % profit?
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5e6b83310b8b1e6afc293a77- 1₹ 500true
- 2₹ 600false
- 3₹ 400false
- 4₹ 450false
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