Profit and Loss Practice Question and Answer
8 Q: A merchant has 1000 kg sugar, some part of which he sells at 8 % profit and the rest at 18 % profit. He gains 14 % on the whole. The quantity sold at 8 % profit is:
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5efd3fae7228dd6b06e29173- 1400 kgtrue
- 2560 kgfalse
- 3600 kgfalse
- 4640 kgfalse
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Answer : 1. "400 kg"
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: 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 %?
1660 0606aee16556643278a728009
606aee16556643278a728009- 1Rs. 2980false
- 2Rs. 3000false
- 3Rs. 2990true
- 4Rs. 2970false
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Answer : 3. "Rs. 2990"
Q: A man purchased a bedsheet for₹ 450 and sold it at a gain of 10% calculated on the selling price. The selling price of the bedsheet was
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6246cb1d9809e154c705035f- 1₹ 480false
- 2₹500true
- 3₹ 460false
- 4₹ 475false
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Answer : 2. "₹500"
Explanation :

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?
1654 05f5af6da69ed13038c19cc99
5f5af6da69ed13038c19cc99- 1Rs. 100false
- 2Rs. 125false
- 3Rs. 150true
- 4Rs. 175false
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Answer : 3. "Rs. 150"
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?
1648 06321b37a69fe1d77bc026341
6321b37a69fe1d77bc026341- 1Rs 800false
- 2Rs 812false
- 3Rs 784true
- 4Rs 790false
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Answer : 3. "Rs 784"
Q: Pooja wants to sell a watch at a profit of 20%. She bought it at 10% less and sold it at ₹ 30 less, but still she gained 20%. The cost price of watch is
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6246d7b0398e4a497b442a72- 1₹ 250true
- 2₹ 225false
- 3₹ 240false
- 4₹ 220false
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Answer : 1. "₹ 250 "
Explanation :

Q: By selling a bicycle for Rs. 2,850 a shopkeeper gain 14%. If the profit is reduced to 8 %, then the selling price will be
1647 05efd36d27228dd6b06e2843f
5efd36d27228dd6b06e2843f- 1Rs. 2,800false
- 2Rs. 3,000false
- 3Rs. 2,600false
- 4Rs. 2,700true
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