Profit and Loss Practice Question and Answer

Q:

Ritesh sold a pen for Rs. 36 with a profit of 20%. If it were sold for Rs. 33, then what could be the percentage of profit or loss?

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  • 1
    10% Profit
    Correct
    Wrong
  • 2
    15% Profit
    Correct
    Wrong
  • 3
    12% Loss
    Correct
    Wrong
  • 4
    18% Loss
    Correct
    Wrong
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Answer : 1. "10% Profit"

Q:

A & B jointly made a profit of Rs. 1650 and they decided to share it such that 1/3 of A's profit is equal to 2/5 of B's profit. Then profit of B is 

1303 0

  • 1
    Rs. 850
    Correct
    Wrong
  • 2
    Rs. 800
    Correct
    Wrong
  • 3
    Rs. 700
    Correct
    Wrong
  • 4
    Rs. 750
    Correct
    Wrong
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Answer : 4. "Rs. 750"

Q:

A watch is sold at a profit of 25%. Had it been sold for Rs.120 less then, there would have been a less then of 15%. What is the cost price in rupees?

1302 0

  • 1
    Rs.400
    Correct
    Wrong
  • 2
    Rs.350
    Correct
    Wrong
  • 3
    Rs.200
    Correct
    Wrong
  • 4
    Rs.300
    Correct
    Wrong
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Answer : 4. "Rs.300"

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?

1300 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"

Q:

A man wanted to sell an article with 20% profit: but he actually sold at 20% loss for Rs. 480, At what price he wanted to sell it to earn the profit? 

1300 0

  • 1
    Rs.720
    Correct
    Wrong
  • 2
    Rs.840
    Correct
    Wrong
  • 3
    Rs.600
    Correct
    Wrong
  • 4
    Rs . 750
    Correct
    Wrong
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Answer : 1. "Rs.720 "

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Answer : 4. "120 kg."

Q:

Aparna changes the marked price of an item to 50% above its C.P. What % of discount allowed in approximately to gain 10%?

1296 0

  • 1
    27%
    Correct
    Wrong
  • 2
    25%
    Correct
    Wrong
  • 3
    35%
    Correct
    Wrong
  • 4
    37%
    Correct
    Wrong
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Answer : 1. "27%"

Q:

Mr. Dev sold a bus for Rs. 2210 with a loss of 15 %. At what price should the bus be sold to get a profit ot 15 %?

1288 0

  • 1
    Rs. 2980
    Correct
    Wrong
  • 2
    Rs. 3000
    Correct
    Wrong
  • 3
    Rs. 2990
    Correct
    Wrong
  • 4
    Rs. 2970
    Correct
    Wrong
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Answer : 3. "Rs. 2990"

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