Profit and Loss Practice Question and Answer

Q:

A man gain 15% by selling a calculator for a certain price. If he sells it at the triple price, then what will be the profit percentage?

1452 0

  • 1
    125
    Correct
    Wrong
  • 2
    175
    Correct
    Wrong
  • 3
    225
    Correct
    Wrong
  • 4
    245
    Correct
    Wrong
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Answer : 4. "245"

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?

1451 0

  • 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:

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 %?

1447 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:

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? 

1446 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 "

Q:

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

1445 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:

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

1444 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:

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

1444 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:

A wholesaler purchased 7 hair clips for a rupee. How many for a rupee must he sell to get profit of 40%?

1442 0

  • 1
    6
    Correct
    Wrong
  • 2
    5
    Correct
    Wrong
  • 3
    4
    Correct
    Wrong
  • 4
    3
    Correct
    Wrong
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Answer : 2. "5"

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