Profit and Loss Practice Question and Answer
8 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 Cost price of an article is Rs.220 and profit is 20 %, then what will be the selling price of the article?
1363 0610c03c65697913e672d1bab
610c03c65697913e672d1bab- 1Rs. 264true
- 2Rs. 216false
- 3Rs. 176false
- 4Rs. 256false
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Answer : 1. "Rs. 264"
Q: The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent.
1359 05f6329e9167e402436a6635c
5f6329e9167e402436a6635c- 1$$ {9}{1\over 11}\%$$false
- 2$$ {10}{1\over 11}\%$$false
- 3$$ {11}{1\over 9}\%$$true
- 4$$ {12}{1\over 0}\%$$false
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Answer : 3. "$$ {11}{1\over 9}\%$$"
Q: If the cost price of 28 items is equal to the selling price of 21 items, what is the profit percentage?
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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 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)?
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649d86baab3c5fffc2eb6b91- 124false
- 227false
- 336false
- 433true
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Answer : 4. "33"
Q: Krishnan bought a camera and paid 20% less than its original price. He sold it at 40% profit on the price he had paid. The percentage of profit earned by Krishnan on the original price was
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6246ca90e6c50b4b29b7ed1d- 112%true
- 215%false
- 322%false
- 432%false
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Answer : 1. "12% "
Explanation :

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?
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64131124b34a0b67fce4d0ef- 148 : 39 : 28true
- 234 : 54 : 12false
- 324 : 39 : 14false
- 456 : 26 : 21false
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Answer : 1. "48 : 39 : 28"
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:
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64f85038a910aab8f9ffdbf2- 1Rs. 522false
- 2Rs. 508false
- 3Rs. 527true
- 4Rs. 517false
- 5Rs. 817false
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