Profit and Loss Practice Question and Answer
8 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: If apples are bought at the rate of 30 for a rupee. How many apples must be sold for a rupee to gain 20%?
1573 060acc670d752621d4f9c7739
60acc670d752621d4f9c7739- 120false
- 222false
- 328false
- 425true
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Answer : 4. "25 "
Q: A shopkeeper marks an article 24% above its cost price and allows a 15% discount on the marked price. If he earns a profit of Rs. 27 by selling the article, then the selling price of the article is:
1569 064f85038a910aab8f9ffdbf2
64f85038a910aab8f9ffdbf2- 1Rs. 522false
- 2Rs. 508false
- 3Rs. 527true
- 4Rs. 517false
- 5Rs. 817false
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Answer : 3. "Rs. 527"
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:
1569 05efc76f2196e681f76eae97b
5efc76f2196e681f76eae97b- 1Rs . 120false
- 2Rs . 150false
- 3Rs . 100true
- 4Rs . 200false
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Answer : 3. "Rs . 100 "
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 %?
1568 05efd37377228dd6b06e28497
5efd37377228dd6b06e28497- 1Rs. 3.50false
- 2Rs. 3.60true
- 3Rs. 3.25false
- 4Rs. 3.30false
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Answer : 2. "Rs. 3.60"
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?
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60373d3ccd43d04a8f4a7767- 130false
- 225true
- 340false
- 445false
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Answer : 2. "25"
Q: If the cost price of 28 items is equal to the selling price of 21 items, what is the profit percentage?
1557 05fb39a0fcb95815ec70d6877
5fb39a0fcb95815ec70d6877- 112 %false
- 2$$ {33{1\over 3}}\%$$true
- 320 %false
- 422 %false
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Answer : 2. "$$ {33{1\over 3}}\%$$"
Q: A shopkeeper gains 20 percent by giving a discount of 10 percent of the marked price of a toy. If he had given a discount of 20 percent, then what would be his profit percentage?
1555 05f9be27ad433054b5ca00be6
5f9be27ad433054b5ca00be6- 1$$ {6\ {2\over 3}}$$true
- 2$$ {8\ {1\over 3}}$$false
- 310false
- 415false
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