Profit and Loss Practice Question and Answer
8 Q: An article is sold at a gain of 16%. If it had been sold for Rs.400 more, 20% would have been gained. The cost price of the article is
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60892370fd171c780883aa5e- 1Rs.8000false
- 2Rs.9000false
- 3Rs.10000true
- 4Rs.12000false
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Answer : 3. "Rs.10000"
Q: Vivek buys 3 shirts at an average price of Rs. 1250. If he buys 2 more shirts at an average price of Rs. 1450. What will be the average price (in Rs.) of all the 5 shirts he buys?
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5f2a7212cef453383f1e6111- 11350false
- 21390false
- 31330true
- 41310false
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Answer : 3. "1330"
Q: If a shopkeeper increases the selling price of an article by 10% and gets a profit of 37.5% on its cost price. If he increases the selling price by 25% above on old selling price then he gets a profit of ₹ 225 on his cost price. Find the cost price of the article?
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64e7612460749cb6f2eb14b4- 1₹ 365false
- 2₹ 320false
- 3₹ 420false
- 4₹ 400true
- 5₹ 510false
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Answer : 4. "₹ 400"
Q: If the ratio of cost price and selling price is 5 : 4, then the loss percentage is-
1122 1617a3e034e71ee22ddb61aac
617a3e034e71ee22ddb61aac- 120 %true
- 225 %false
- 340 %false
- 450 %false
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Answer : 1. "20 % "
Q: A trader sold two items at the same price. One at 20% profit and another at 10% loss. The overall profit / loss percentage of the trader is ________
1122 06095241a5deaac0c4620f8e6
6095241a5deaac0c4620f8e6- 14% lossfalse
- 24% profitfalse
- 38% lossfalse
- 4None of thesetrue
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Answer : 4. "None of these"
Q: An item costing Rs. 840 was sold by a shopkeeper at a gain of 10 % and it was again sold by the new buyer at a loss of 5 %. Find selling price of the item is:
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5f294337921df80828929510- 1Rs. 924false
- 2Rs. 37.80false
- 3Rs. 877.80true
- 4Rs.798false
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Answer : 3. "Rs. 877.80 "
Q: The difference between the selling prices of some articles if sold for Rs.12 per article instead of Rs.9 per article is Rs.150. If the sold price of these articles is Rs.250 then find the selling price of 21 articles if profit earned is 20%.
1111 05ffc2ce71299b845c330a882
5ffc2ce71299b845c330a882- 1Rs.130false
- 2Rs. 126true
- 3Rs. 136false
- 4Rs. 125false
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Answer : 2. "Rs. 126"
Q: A men sells his cycle at 6% profit. Had he sold it at 15% profit, he would have received 180 Rs. More. What is the cost price of the cycle?
1111 05ef18b8f7fed557ba2ab1daf
5ef18b8f7fed557ba2ab1daf- 1Rs 1000false
- 2Rs 1200false
- 3Rs 1500false
- 4Rs 2000true
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