Profit and Loss Practice Question and Answer
8 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).
1218 062f3888809a97851b6327359
62f3888809a97851b6327359- 132%true
- 269%false
- 345%false
- 489%false
- 597%false
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Answer : 1. "32%"
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
1216 05efd36d27228dd6b06e2843f
5efd36d27228dd6b06e2843f- 1Rs. 2,800false
- 2Rs. 3,000false
- 3Rs. 2,600false
- 4Rs. 2,700true
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Answer : 4. "Rs. 2,700 "
Q: On selling an article for Rs.240, a trader loss of 10%.In order to gain 10%, he must sell that article for -
1213 06024eaee835ee17373904d25
6024eaee835ee17373904d25- 1Rs.267.50false
- 2Rs.290.80false
- 3Rs.293.32true
- 4Rs.296.84false
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Answer : 3. "Rs.293.32"
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
1211 05efc73df196e681f76ead763
5efc73df196e681f76ead763- 1Rs . 150true
- 2Rs . 160false
- 3Rs. 130false
- 4Rs. 140false
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Answer : 1. "Rs . 150 "
Q: The price of jewelry , passing through three hands. rises on the whole by 65 %. If the first and the second sellers earned 20 % and 25 % profit respectively, the profit earned by the third seller is
1210 05efc6bffeb90be58c590074b
5efc6bffeb90be58c590074b- 110%true
- 25%false
- 320%false
- 415%false
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Answer : 1. "10% "
Q: A man purchased a bedsheet for₹ 450 and sold it at a gain of 10% calculated on the selling price. The selling price of the bedsheet was
1210 06246cb1d9809e154c705035f
6246cb1d9809e154c705035f- 1₹ 480false
- 2₹500true
- 3₹ 460false
- 4₹ 475false
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Answer : 2. "₹500"
Explanation :

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.
1196 05eb11506566500732ed068ed
5eb11506566500732ed068ed- 1Rs.450false
- 2Rs.400false
- 3Rs.480true
- 4Rs. 420false
- 5None of thesefalse
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Answer : 3. "Rs.480 "
Q: The selling price of 5 articles is the same as the cost price of 3 articles. The gain or loss is
1186 05ec5f5af980ff60a66c35afe
5ec5f5af980ff60a66c35afe- 120% gainfalse
- 225% gainfalse
- 333.33% lossfalse
- 440% losstrue
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