Profit and Loss Practice Question and Answer

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?

1219 0

  • 1
    Rs 800
    Correct
    Wrong
  • 2
    Rs 812
    Correct
    Wrong
  • 3
    Rs 784
    Correct
    Wrong
  • 4
    Rs 790
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Rs 784"

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:

1215 0

  • 1
    Rs. 522
    Correct
    Wrong
  • 2
    Rs. 508
    Correct
    Wrong
  • 3
    Rs. 527
    Correct
    Wrong
  • 4
    Rs. 517
    Correct
    Wrong
  • 5
    Rs. 817
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Rs. 527"

Q:

A shopkeeper bought 80 pens in Rs. 400. He sold 40 pens at 60% profit and sold the remaining pens at 20% profit. If he had sold all the pens at a 15% profit, how much less profit would he have made?

1213 0

  • 1
    Rs. 65
    Correct
    Wrong
  • 2
    Rs. 80
    Correct
    Wrong
  • 3
    Rs. 100
    Correct
    Wrong
  • 4
    Rs. 120
    Correct
    Wrong
  • 5
    Rs. 150
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Rs. 100"

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 %?

1211 0

  • 1
    Rs. 2980
    Correct
    Wrong
  • 2
    Rs. 3000
    Correct
    Wrong
  • 3
    Rs. 2990
    Correct
    Wrong
  • 4
    Rs. 2970
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Rs. 2990"

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? 

1205 0

  • 1
    Rs.720
    Correct
    Wrong
  • 2
    Rs.840
    Correct
    Wrong
  • 3
    Rs.600
    Correct
    Wrong
  • 4
    Rs . 750
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Rs.720 "

Q:

A shopkeeper sells a watch set on discount of 8% of printed price and gain 25 %. If marked price was Rs. 20,000 then, what was the cost price?

1192 1

  • 1
    Rs. 13,800
    Correct
    Wrong
  • 2
    Rs. 14,720
    Correct
    Wrong
  • 3
    Rs. 14, 800
    Correct
    Wrong
  • 4
    Rs. 13, 720
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "Rs. 14,720"

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?

1189 0

  • 1
    10% Profit
    Correct
    Wrong
  • 2
    15% Profit
    Correct
    Wrong
  • 3
    12% Loss
    Correct
    Wrong
  • 4
    18% Loss
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "10% Profit"

Q:

A buys a water cooler at some price and sells it to B at 20% profit. B sells it to C at 10% profit. If C bought it for Rs 6666, then B's cost price is

1188 0

  • 1
    5400
    Correct
    Wrong
  • 2
    6060
    Correct
    Wrong
  • 3
    5600
    Correct
    Wrong
  • 4
    6400
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "6060"

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully