Profit and Loss Practice Question and Answer
8 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
1148 05efd36d27228dd6b06e2843f
5efd36d27228dd6b06e2843f- 1Rs. 2,800false
- 2Rs. 3,000false
- 3Rs. 2,600false
- 4Rs. 2,700true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Rs. 2,700 "
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
1148 1608fc80c8ab6116292311554
608fc80c8ab6116292311554- 115false
- 216true
- 318false
- 425false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "16"
Q: A seller gives 15% discount on an item, if he marked up the price of item 40% above C.P and while selling he cheats the buyer by giving 10% less in weight. Find this overall profit percent (approximately).
1146 062f3888809a97851b6327359
62f3888809a97851b6327359- 132%true
- 269%false
- 345%false
- 489%false
- 597%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "32%"
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 the percent profit on the transaction?
1146 05df0b5840183ea49d62ac0e3
5df0b5840183ea49d62ac0e3An 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.
- 16.8%false
- 26.3%false
- 36.4 %true
- 46.6 %false
- 56.2%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "6.4 %"
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%?
1145 06078097bc61d5c2ec94cebca
6078097bc61d5c2ec94cebca- 145false
- 236true
- 354false
- 428false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "36"
Q: A person sold a horse with a profit of 15 percent. If he had bought it for 25 percent less and sold it for less than 60 rupees, he would have gained 32 percent. The purchase price of the horse was.
1143 05f76cc6853f6013e85c029f5
5f76cc6853f6013e85c029f5- 1Rs.370false
- 2Rs.372false
- 3Rs.375true
- 4Rs.378false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs.375"
Q: A book seller sells a book at a profit of 10 %. If he had bought it at 4 % less and sold it for Rs. 6 more. he would have gained $$18{3\over4}\%$$. The cost price of the book is
1143 05efc73df196e681f76ead763
5efc73df196e681f76ead763- 1Rs . 150true
- 2Rs . 160false
- 3Rs. 130false
- 4Rs. 140false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rs . 150 "
Q:Direction: A shopkeeper has some kg. rice of same price. He sold 150 kg. rice at 25 Rs. per kg. and earned a profit of 25%, another 180 kg. rice is sold at a profit of 20% and rest are sold at a loss of 10%. If the shopkeeper earns Rs. 1230 profit on all the rice that he has sold then answers the following question:
If the shopkeeper earns 10% profit instead of 10% loss on the rest rice then find the difference between the old and new profit.
1140 05eb11506566500732ed068ed
5eb11506566500732ed068ed- 1Rs.450false
- 2Rs.400false
- 3Rs.480true
- 4Rs. 420false
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice

