Profit and Loss Practice Question and Answer

Q:

The difference between the selling prices of a keyboard at losses 15% and 25% is Rs. 50. Then the cost price of a keyboard is :

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  • 1
    Rs. 240
    Correct
    Wrong
  • 2
    Rs. 330
    Correct
    Wrong
  • 3
    Rs. 300
    Correct
    Wrong
  • 4
    Rs. 500
    Correct
    Wrong
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Answer : 4. "Rs. 500"

Q:

A store sells a watch for a profit of 25% of the cost. Then the percentage of profit against selling price is-

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  • 1
    22%
    Correct
    Wrong
  • 2
    20%
    Correct
    Wrong
  • 3
    18%
    Correct
    Wrong
  • 4
    15%
    Correct
    Wrong
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Answer : 2. "20%"
Explanation :

Q:

By selling an article for Rs. 450, I lose 20%. For what price should I sell it to gain 20% ? 

1296 0

  • 1
    Rs. 470
    Correct
    Wrong
  • 2
    Rs. 562.50
    Correct
    Wrong
  • 3
    Rs. 490
    Correct
    Wrong
  • 4
    Rs. 675
    Correct
    Wrong
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Answer : 4. "Rs. 675 "
Explanation :

Q:

A person has 12 bananas for Rs 24. Sell in So he got the benefit of 25 percent. How many bananas he buy in Rs. 40?

1286 0

  • 1
    30
    Correct
    Wrong
  • 2
    25
    Correct
    Wrong
  • 3
    40
    Correct
    Wrong
  • 4
    45
    Correct
    Wrong
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Answer : 2. "25"

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Answer : 2. "450 kg."

Q:

If Cost price of an article is Rs.220 and profit is 20 %, then what will be the selling price of the article?

1278 0

  • 1
    Rs. 264
    Correct
    Wrong
  • 2
    Rs. 216
    Correct
    Wrong
  • 3
    Rs. 176
    Correct
    Wrong
  • 4
    Rs. 256
    Correct
    Wrong
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Answer : 1. "Rs. 264"

Q:

Chandu bought a watch at 20 percent discount on mark price but sold it at mark price. Find the percentage of profit.

1273 0

  • 1
    25 %
    Correct
    Wrong
  • 2
    20 %
    Correct
    Wrong
  • 3
    18 %
    Correct
    Wrong
  • 4
    30 %
    Correct
    Wrong
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Answer : 1. "25 % "

Q:

The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent.

1269 0

  • 1
    $$ {9}{1\over 11}\%$$
    Correct
    Wrong
  • 2
    $$ {10}{1\over 11}\%$$
    Correct
    Wrong
  • 3
    $$ {11}{1\over 9}\%$$
    Correct
    Wrong
  • 4
    $$ {12}{1\over 0}\%$$
    Correct
    Wrong
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Answer : 3. "$$ {11}{1\over 9}\%$$"

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