Profit and Loss Practice Question and Answer

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? 

1526 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 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?

1525 0

  • 1
    125
    Correct
    Wrong
  • 2
    175
    Correct
    Wrong
  • 3
    225
    Correct
    Wrong
  • 4
    245
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "245"

Q:

When an article is sold for Rs 366, there is a loss of 39%. To gain 41% it should be sold for Rs? 

1520 0

  • 1
    626
    Correct
    Wrong
  • 2
    426
    Correct
    Wrong
  • 3
    846
    Correct
    Wrong
  • 4
    354
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "846 "

Q:

A shopkeeper by selling  13 Titan watches, earns a profit equal to the selling  price  of 3 Titan watches. His profit percentage is

1519 0

  • 1
    16 %
    Correct
    Wrong
  • 2
    23.0 %
    Correct
    Wrong
  • 3
    46 %
    Correct
    Wrong
  • 4
    30 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "30 % "

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?

1519 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

1517 0

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

Answer : 2. "6060"

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?

1517 0

  • 1
    30 %
    Correct
    Wrong
  • 2
    37.5 %
    Correct
    Wrong
  • 3
    25 %
    Correct
    Wrong
  • 4
    33.33 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "37.5 %"

Q:

Chandu bought a watch at 20 percent discount on mark price but sold it at mark price. Find the percentage of profit.

1515 0

  • 1
    25 %
    Correct
    Wrong
  • 2
    20 %
    Correct
    Wrong
  • 3
    18 %
    Correct
    Wrong
  • 4
    30 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "25 % "

      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