Profit and Loss Practice Question and Answer

Q:

If the ratio of cost price and selling price is 5 : 4, then the loss percentage is-

1209 1

  • 1
    20 %
    Correct
    Wrong
  • 2
    25 %
    Correct
    Wrong
  • 3
    40 %
    Correct
    Wrong
  • 4
    50 %
    Correct
    Wrong
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Answer : 1. "20 % "

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

1208 0

  • 1
    Rs.8000
    Correct
    Wrong
  • 2
    Rs.9000
    Correct
    Wrong
  • 3
    Rs.10000
    Correct
    Wrong
  • 4
    Rs.12000
    Correct
    Wrong
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Answer : 3. "Rs.10000"

Q:

The value of a mobile phone depreciates at the rate of 10% every year. It was purchased 3 years ago. If its present value is Rs. 6561/-, its purchase price was.

1202 0

  • 1
    Rs. 8100
    Correct
    Wrong
  • 2
    Rs. 9000
    Correct
    Wrong
  • 3
    Rs. 9100
    Correct
    Wrong
  • 4
    Rs. 9729
    Correct
    Wrong
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Answer : 2. "Rs. 9000 "

Q:

If a trader finds out that his profit is equal to 20 percent of the selling price, then his actual profit is.

1200 0

  • 1
    20 %
    Correct
    Wrong
  • 2
    22 %
    Correct
    Wrong
  • 3
    25 %
    Correct
    Wrong
  • 4
    30 %
    Correct
    Wrong
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Answer : 3. "25 %"

Q:

A cycle seller gives 10% discount on marked retail price and still earns 26% profit. If marked retail price of the cycle is Rs. 840/- Then how much money was paid by the seller for that cycle?

1183 0

  • 1
    ₹ 600/-
    Correct
    Wrong
  • 2
    ₹ 650/-
    Correct
    Wrong
  • 3
    ₹ 700/-
    Correct
    Wrong
  • 4
    ₹ 750/-
    Correct
    Wrong
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Answer : 1. "₹ 600/-"

Q:

A and B invested 1/2 and 1/3 of the total capital respectively, the remaining part C invested. If there is a profit of Rs. 9696 at the end of the year, then what is the profit of B?

1179 0

  • 1
    4848
    Correct
    Wrong
  • 2
    3232
    Correct
    Wrong
  • 3
    1616
    Correct
    Wrong
  • 4
    2424
    Correct
    Wrong
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Answer : 2. "3232"

Q:

The cash difference between the selling price of an article at a profit of 8 % and 12 % is Rs 3. The ratio of two selling prices is:

1172 0

  • 1
    27 : 31
    Correct
    Wrong
  • 2
    27 : 28
    Correct
    Wrong
  • 3
    27 : 29
    Correct
    Wrong
  • 4
    29 : 31
    Correct
    Wrong
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Answer : 2. "27 : 28"

Q:

Radhe buys two TVs at the same cost price, one of them is sold at $$11 {1\over 9}\% $$ profit and the other at   $$14{2\over 7}\% $$ profit, then the difference between their selling price is Rs $${200\over 7}$$. Find the cost price of the TV.

1171 0

  • 1
    रु 900
    Correct
    Wrong
  • 2
    रु 650
    Correct
    Wrong
  • 3
    रु 700
    Correct
    Wrong
  • 4
    रु 800
    Correct
    Wrong
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Answer : 3. "रु 700 "

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