Profit and Loss Practice Question and Answer
8 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?
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5dbab04312906e36bedde79c- 1Rs.720true
- 2Rs.840false
- 3Rs.600false
- 4Rs . 750false
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Answer : 1. "Rs.720 "
Q: The selling price of the product was equal to 50% of its cost price. Two gradual discounts were offered on the product. If the first discount was 20%, then what was the second discount?
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5f6d8a7df9079a64e3bf076b- 130 %false
- 237.5 %true
- 325 %false
- 433.33 %false
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Answer : 2. "37.5 %"
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 %?
1364 0606c2fb86a85553684dde0c1
606c2fb86a85553684dde0c1- 1Rs.25,300true
- 2Rs. 25,523false
- 3Rs. 25,522false
- 4Rs. 25, 521false
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Answer : 1. "Rs.25,300"
Q: Aparna changes the marked price of an item to 50% above its C.P. What % of discount allowed in approximately to gain 10%?
1364 0606d8013556643278a7a55a4
606d8013556643278a7a55a4- 127%true
- 225%false
- 335%false
- 437%false
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Answer : 1. "27%"
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%?
1361 06078097bc61d5c2ec94cebca
6078097bc61d5c2ec94cebca- 145false
- 236true
- 354false
- 428false
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Answer : 2. "36"
Q: A wholesaler purchased 7 hair clips for a rupee. How many for a rupee must he sell to get profit of 40%?
1359 0606d807d5fcabf6daf300ba3
606d807d5fcabf6daf300ba3- 16false
- 25true
- 34false
- 43false
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Answer : 2. "5"
Q: An article is sold at a profit of 25 %. If the selling price is doubled, the profit % will be:
1358 05efd3e5ceb90be58c5918cd7
5efd3e5ceb90be58c5918cd7- 1100%false
- 250%false
- 3200%false
- 4150%true
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Answer : 4. "150% "
Q: A fruit merchant makes a profit of 25% by selling mangoes at a certain price. If he charges Re. 1 more on each mango, he would gain 50%. At first the price of one mango was
1357 06246d84d398e4a497b442ac1
6246d84d398e4a497b442ac1- 1Rs. 4false
- 2Rs. 6false
- 3Rs. 5true
- 4Rs. 7false
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Answer : 3. "Rs. 5 "
Explanation :


