Profit and Loss Practice Question and Answer
8 Q: An article is sold at a profit of 20% of its cost price. If cost price and selling price reduces by Rs 10 and Rs. 5 respectively, then the percentage profit increased to 30%. Find the cost price?
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611f6b0dc5945f0fc869932f- 1Rs. 80true
- 2Rs. 50false
- 3Rs. 75false
- 4Rs. 60false
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Answer : 1. "Rs. 80"
Q: Raghu sold an article for Rs. 180 after allowing a 20% discount on its marked price. Had he not allowed any discount, he would have gained 20%. What is the cost price of the article?
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5fbf7d5290530f6255a1b994- 1187.50true
- 2192.80false
- 3188.60false
- 4190.40false
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Answer : 1. "187.50"
Q: A vendor buys bananas at 12 for 45 and sells at 5 for 35. What will be the gain ?
1617 05ed9d0b4f528050f914ffb64
5ed9d0b4f528050f914ffb64- 187 %true
- 282 %false
- 392 %false
- 489 %false
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Answer : 1. " 87 % "
Q: A trader purchased a gift box for Rs. 150. What should be the marked price on the gift box so that after allowing a discount of 10 %, he makes a profit of 10 %?
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5dd37b4cbfcbc45cddedd7e2- 1Rs . 180false
- 2Rs . 183.3true
- 3Rs . 186.6false
- 4Rs . 190false
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Answer : 2. "Rs . 183.3 "
Q: A trader makes a profit equal to the selling price of 75 articles when he sold 100 of the articles . What % profit did he make in the transaction?
1610 060f7d47d3ca0726dff34f56c
60f7d47d3ca0726dff34f56c- 1300%true
- 2150%false
- 333.33%false
- 475%false
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Answer : 1. "300% "
Q: While selling an article for Rs 18450, a person suffered a loss of 50%. At what price he should have sold the article (in Rs) to earn a profit of 50%?
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5f3f8e269ab97f7febf641f0- 113837false
- 252000false
- 356775false
- 455350true
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Answer : 4. "55350"
Q: By selling an article for Rs. 450, I lose 20%. For what price should I sell it to gain 20% ?
1593 06246d9ec398e4a497b442d20
6246d9ec398e4a497b442d20- 1Rs. 470false
- 2Rs. 562.50false
- 3Rs. 490false
- 4Rs. 675true
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Answer : 4. "Rs. 675 "
Explanation :

Q: If an article is sold at 200 % profit then the ratio of its cost price to its selling price will be
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5dcb89e2e9d33d6509bd9e1c- 11 : 2false
- 22 : 1false
- 31 : 3true
- 43 : 1false
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