Profit and Loss Practice Question and Answer
8 Q: A discount of 20% in the price of rice enables X to buy 5 kg more rice for ₹100. What is the reduced price of rice per kg?
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60bf588b5d840673873efeb8- 1₹4true
- 2₹2false
- 3₹1false
- 4₹3false
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Answer : 1. "₹4"
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?
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5f5af5d1dc518b408a4158e4- 1Rs. 13,800false
- 2Rs. 14,720true
- 3Rs. 14, 800false
- 4Rs. 13, 720false
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Answer : 2. "Rs. 14,720"
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
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608fc80c8ab6116292311554- 115false
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Answer : 2. "16"
Q:Directions: Study the information given below and answer the questions that follow.
An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
What was amount of discount given?
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5df0b606004abe5c78f74f80An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
- 1Rs 319.6false
- 2Rs 303.6false
- 3Rs 306.3false
- 4Rs 313.6true
- 5Rs 316.9false
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Answer : 4. "Rs 313.6"
Q: A shopkeeper cheats to the extent of 10% while buying and selling fruits, by using tampered weights. His total gain , in percentage is:
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606c34606a85553684dde951- 122false
- 221false
- 323true
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Answer : 3. "23"
Q: When an article is sold for Rs 366, there is a loss of 39%. To gain 41% it should be sold for Rs?
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602e38c1bb9bb966a304d6ff- 1626false
- 2426false
- 3846true
- 4354false
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Answer : 3. "846 "
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
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5f1e630e3b87486bfc534450- 15400false
- 26060true
- 35600false
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Answer : 2. "6060"
Q: By selling 100 pencils, a shopkeeper gains the selling price of 20 pencils, His gain percent is:
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5feeebc51f464d74015a0051- 120%false
- 225%true
- 315%false
- 412%false
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