Profit and Loss Practice Question and Answer

Q:

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

1553 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. "$$ {11}{1\over 9}\%$$"

Q:

Anil bought two articles A and B at a total cost of ₹ 10,000. He sold the article A at 15% profit and the actacle B at 10% loss. In the whole deal, be made no profit or no loss. Find the selling price of the article A.

1551 0

  • 1
    ₹4,500
    Correct
    Wrong
  • 2
    ₹5,400
    Correct
    Wrong
  • 3
    ₹4,600
    Correct
    Wrong
  • 4
    ₹4,200
    Correct
    Wrong
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Answer : 3. "₹4,600"

Q:

Mr. Kiran sold a bus for Rs.18,700 at a loss of 15 %. At what price should the bus be sold to get a profit of 15 %?

1547 0

  • 1
    Rs.25,300
    Correct
    Wrong
  • 2
    Rs. 25,523
    Correct
    Wrong
  • 3
    Rs. 25,522
    Correct
    Wrong
  • 4
    Rs. 25, 521
    Correct
    Wrong
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Answer : 1. "Rs.25,300"

Q:

There is a loss of 5% by selling an article for Rs.665. In order to get 12% profit on that article, its selling price has to be kept?

1547 0

  • 1
    Rs 800
    Correct
    Wrong
  • 2
    Rs 812
    Correct
    Wrong
  • 3
    Rs 784
    Correct
    Wrong
  • 4
    Rs 790
    Correct
    Wrong
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Answer : 3. "Rs 784"

Q:

By selling 90 chocolates for Rs. 160, a chocolate trader loses 20%. How many chocolates should he sell for Rs. 96 to make a profit of 20%?

1540 0

  • 1
    45
    Correct
    Wrong
  • 2
    36
    Correct
    Wrong
  • 3
    54
    Correct
    Wrong
  • 4
    28
    Correct
    Wrong
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Answer : 2. "36"

Q:

The cost price of 20 articles is the same as the selling price of x articles. If there is 25% gain, then the value of x

1540 1

  • 1
    15
    Correct
    Wrong
  • 2
    16
    Correct
    Wrong
  • 3
    18
    Correct
    Wrong
  • 4
    25
    Correct
    Wrong
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Answer : 2. "16"

Q:

By selling 100 pencils, a shopkeeper gains the selling price of 20 pencils, His gain percent is:

1532 0

  • 1
    20%
    Correct
    Wrong
  • 2
    25%
    Correct
    Wrong
  • 3
    15%
    Correct
    Wrong
  • 4
    12%
    Correct
    Wrong
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Answer : 2. "25%"

Q:

A sells a good to B at a profit of 20% and B sells it to C at a profit of 25%. If  C pays Rs. 225 for it, what was the cost price of A?

1531 0

  • 1
    Rs. 100
    Correct
    Wrong
  • 2
    Rs. 125
    Correct
    Wrong
  • 3
    Rs. 150
    Correct
    Wrong
  • 4
    Rs. 175
    Correct
    Wrong
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Answer : 3. "Rs. 150"

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