Profit and Loss Practice Question and Answer
8 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
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Answer : 3. "846 "
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
1437 06246d84d398e4a497b442ac1
6246d84d398e4a497b442ac1- 1Rs. 4false
- 2Rs. 6false
- 3Rs. 5true
- 4Rs. 7false
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Answer : 3. "Rs. 5 "
Explanation :

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: A shopkeeper by selling 13 Titan watches, earns a profit equal to the selling price of 3 Titan watches. His profit percentage is
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5f0e77d5f4c8bf4bad00388d- 116 %false
- 223.0 %false
- 346 %false
- 430 %true
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Answer : 4. "30 % "
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 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
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Answer : 3. "23"
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?
1424 15f5af5d1dc518b408a4158e4
5f5af5d1dc518b408a4158e4- 1Rs. 13,800false
- 2Rs. 14,720true
- 3Rs. 14, 800false
- 4Rs. 13, 720false
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Answer : 2. "Rs. 14,720"
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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