Profit and Loss Practice Question and Answer
8 Q: A shopkeeper by selling 13 Titan watches, earns a profit equal to the selling price of 3 Titan watches. His profit percentage is
1245 05f0e77d5f4c8bf4bad00388d
5f0e77d5f4c8bf4bad00388d- 116 %false
- 223.0 %false
- 346 %false
- 430 %true
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Answer : 4. "30 % "
Q: Cost price of 25 chairs equals the selling price of 20 chairs. Find the profit %.
1241 06078143263b9781494e3faaa
6078143263b9781494e3faaa- 120%false
- 233%false
- 325%true
- 412.5%false
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Answer : 3. "25%"
Q: By selling 100 pencils, a shopkeeper gains the selling price of 20 pencils, His gain percent is:
1237 05feeebc51f464d74015a0051
5feeebc51f464d74015a0051- 120%false
- 225%true
- 315%false
- 412%false
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Answer : 2. "25%"
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?
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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
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Answer : 3. "6.4 %"
Q: A drug dealer sells a tablet for 5 rupees. If he buys a tablet packet for Rs 50 and if a tablet packet contains 25 tablets, what will be his profit percentage?
1230 05f3f990c03c6925a59d3e2b4
5f3f990c03c6925a59d3e2b4- 1100%false
- 2150%true
- 350 %false
- 4200%false
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Answer : 2. "150%"
Q: A merchant fixes the sale price of his goods at 15 % above the cost price. He sells his goods at 12 % less than the fixed price. His percentage of profit is:
1228 05efc6ebeeb90be58c5901730
5efc6ebeeb90be58c5901730- 1$$1{1\over5}$$true
- 2$$2{1\over5}$$false
- 3$$2{1\over2}$$false
- 42false
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Answer : 1. " $$1{1\over5}$$"
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.
1223 05f76cc6853f6013e85c029f5
5f76cc6853f6013e85c029f5- 1Rs.370false
- 2Rs.372false
- 3Rs.375true
- 4Rs.378false
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Answer : 3. "Rs.375"
Q: The difference between the selling prices of an article at a profit of 15% and at a profit of 10% is Rs.10. The cost price of the article is -
1223 060361d00a0666c3c85056f10
60361d00a0666c3c85056f10- 1Rs.150false
- 2Rs.200true
- 3Rs.100false
- 4Rs.120false
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