Profit and Loss Practice Question and Answer
8 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?
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6337231a5c208a6bf71d20a4- 1₹ 600/-true
- 2₹ 650/-false
- 3₹ 700/-false
- 4₹ 750/-false
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Answer : 1. "₹ 600/-"
Q: If Arun purchases 11 articles for Rs.10 and sold all the articles at the rate of 10 for Rs.11, the profit percentage will be.
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6024f1cecce66f776c86d09b- 121%true
- 2100%false
- 310%false
- 411%false
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Answer : 1. "21% "
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.
1468 05eb11506566500732ed068ed
5eb11506566500732ed068ed- 1Rs.450false
- 2Rs.400false
- 3Rs.480true
- 4Rs. 420false
- 5None of thesefalse
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Answer : 3. "Rs.480 "
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.
1465 062f11ebe09a97851b626689c
62f11ebe09a97851b626689c- 1Rs. 8100false
- 2Rs. 9000true
- 3Rs. 9100false
- 4Rs. 9729false
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Answer : 2. "Rs. 9000 "
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
1462 05efc6bffeb90be58c590074b
5efc6bffeb90be58c590074b- 110%true
- 25%false
- 320%false
- 415%false
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Answer : 1. "10% "
Q: If the ratio of cost price and selling price is 5 : 4, then the loss percentage is-
1456 1617a3e034e71ee22ddb61aac
617a3e034e71ee22ddb61aac- 120 %true
- 225 %false
- 340 %false
- 450 %false
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Answer : 1. "20 % "
Q: The cost of a new scooter is Rs 25000, at the end of each year its value becomes 80% of the starting price of that year, what will be the cost of the scooter after 3 years?
1456 06319af742d4ba278b66e2a82
6319af742d4ba278b66e2a82- 112000false
- 212800true
- 310000false
- 412500false
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Answer : 2. "12800"
Q: A shopkeeper wants to make a profit of 20% on an article after selling it, while he gives a cash discount of 20%. Further allows 4 more articles for free after purchase of one dozen articles to his premium customer. How much per cent above the cost price he must mark his article?
1455 064dc8822d02c5c746bf4719e
64dc8822d02c5c746bf4719e- 185%false
- 290%false
- 3110%false
- 480%false
- 5100%true
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