Profit and Loss Practice Question and Answer
8 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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61161e5f56340c20700ab605- 122%false
- 220%true
- 318%false
- 415%false
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Answer : 2. "20%"
Explanation :

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 :
1403 0608665e11acafc129c1a3768
608665e11acafc129c1a3768- 1Rs. 240false
- 2Rs. 330false
- 3Rs. 300false
- 4Rs. 500true
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Answer : 4. "Rs. 500"
Q: A man bought 20 dozen eggs for Rs. 720. What should be the selling price of each egg if he wants to make a profit of 20 %?
1399 05efd37377228dd6b06e28497
5efd37377228dd6b06e28497- 1Rs. 3.50false
- 2Rs. 3.60true
- 3Rs. 3.25false
- 4Rs. 3.30false
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Answer : 2. "Rs. 3.60"
Q:Direction: A shopkeeper has some kg. rice of same price. He sold 150 kg. rice at 25 Rs. per kg. and earned a profit of 25%, another 180 kg. rice is sold at a profit of 20% and rest are sold at a loss of 10%. If the shopkeeper earns Rs. 1230 profit on all the rice that he has sold then answers the following question:
What is the total quantity of rice that the shopkeeper has?
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5eb1145b8870e50a27e0ebd0- 1400 kg.false
- 2450 kg.true
- 3500 kg.false
- 4480 kg.false
- 5None of thesefalse
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Answer : 2. "450 kg."
Q: Chandu bought a watch at 20 percent discount on mark price but sold it at mark price. Find the percentage of profit.
1379 05fa695fd4e71ba46b01f13c6
5fa695fd4e71ba46b01f13c6- 125 %true
- 220 %false
- 318 %false
- 430 %false
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Answer : 1. "25 % "
Q: A shopkeeper bought 80 pens in Rs. 400. He sold 40 pens at 60% profit and sold the remaining pens at 20% profit. If he had sold all the pens at a 15% profit, how much less profit would he have made?
1377 064e5efca60749cb6f2e600e0
64e5efca60749cb6f2e600e0- 1Rs. 65false
- 2Rs. 80false
- 3Rs. 100true
- 4Rs. 120false
- 5Rs. 150false
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Answer : 3. "Rs. 100"
Q: Mohan bought 25 books for Rs. 2,000 and sold them at a profit equal to the selling price of 5 books. The selling price of 1 book is:
1371 05efc76f2196e681f76eae97b
5efc76f2196e681f76eae97b- 1Rs . 120false
- 2Rs . 150false
- 3Rs . 100true
- 4Rs . 200false
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Answer : 3. "Rs . 100 "
Q: If apples are bought at the rate of 30 for a rupee. How many apples must be sold for a rupee to gain 20%?
1370 060acc670d752621d4f9c7739
60acc670d752621d4f9c7739- 120false
- 222false
- 328false
- 425true
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