Profit and Loss Practice Question and Answer
8 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?
1471 05f9be27ad433054b5ca00be6
5f9be27ad433054b5ca00be6- 1$$ {6\ {2\over 3}}$$true
- 2$$ {8\ {1\over 3}}$$false
- 310false
- 415false
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Answer : 1. "$$ {6\ {2\over 3}}$$"
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
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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?
1470 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 buys three products a, b, c and sells them at 20%, 30%, 40% profit, respectively. What is ratio of the selling price of these products, if the ratio of their cost prices is 4:3 :2?
1460 064131124b34a0b67fce4d0ef
64131124b34a0b67fce4d0ef- 148 : 39 : 28true
- 234 : 54 : 12false
- 324 : 39 : 14false
- 456 : 26 : 21false
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Answer : 1. "48 : 39 : 28"
Q: If Manoj buys 324 toffees for Rs 486, then how many toffees should he sell for Rs 90 to make 50% profit?
1456 0632861564ada076be650f6c0
632861564ada076be650f6c0- 140true
- 255false
- 360false
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Answer : 1. "40"
Q: A dishonest dealer marks up his goods by 50% and then gives a discount of 20% on the marked price. Apart from this, he uses a faulty balance which reads 1kg for 900 gm. What is his net profit percentage (rounded off to the nearest integer)?
1455 0649d86baab3c5fffc2eb6b91
649d86baab3c5fffc2eb6b91- 124false
- 227false
- 336false
- 433true
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Answer : 4. "33"
Q: If Cost price of an article is Rs.220 and profit is 20 %, then what will be the selling price of the article?
1450 0610c03c65697913e672d1bab
610c03c65697913e672d1bab- 1Rs. 264true
- 2Rs. 216false
- 3Rs. 176false
- 4Rs. 256false
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Answer : 1. "Rs. 264"
Q: A mobile plan costs Rs. 32 for 6 minutes. What is the approximate cost, in rupees, for 4 minutes?
1443 0606c3d6ff306525d8e18968d
606c3d6ff306525d8e18968d- 121.30true
- 221.20false
- 321.50false
- 421.40false
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