Profit and Loss Practice Question and Answer

Q:

A man sold a watch at a loss of 5%. If he would have sold it for Rs. 27 more, he would have gained 7%. The cost price of the watch is -

1254 0

  • 1
    Rs. 325
    Correct
    Wrong
  • 2
    Rs. 225
    Correct
    Wrong
  • 3
    Rs. 500
    Correct
    Wrong
  • 4
    Rs. 375
    Correct
    Wrong
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Answer : 2. "Rs. 225"

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?

1252 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:

1243 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:

A woman buys a watch for Rs. 4,000 and sells it at a loss of 13%. What is the selling price of the watch?

1239 0

  • 1
    Rs.3,480
    Correct
    Wrong
  • 2
    Rs.3,500
    Correct
    Wrong
  • 3
    Rs.3,840
    Correct
    Wrong
  • 4
    Rs.3,620
    Correct
    Wrong
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Answer : 1. "Rs.3,480"

Q:

While selling an article, a shopkeeper gives a discount of 5%. If he gives a discount of 7%, he earns Rs.15 less as profit. The marked price of the article is -

1237 0

  • 1
    Rs.1250
    Correct
    Wrong
  • 2
    Rs.840
    Correct
    Wrong
  • 3
    Rs.750
    Correct
    Wrong
  • 4
    Rs.850
    Correct
    Wrong
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Answer : 3. "Rs.750"

Q:

There would be a 10 % loss. if rice is sold at ₹ 54 per kg. To earn a profit of 20 %, the price of rice per kg will be 

1231 0

  • 1
    ₹ 63
    Correct
    Wrong
  • 2
    ₹ 65
    Correct
    Wrong
  • 3
    ₹ 72
    Correct
    Wrong
  • 4
    ₹ 70
    Correct
    Wrong
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Answer : 3. "₹ 72 "

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.

1230 0

  • 1
    21%
    Correct
    Wrong
  • 2
    100%
    Correct
    Wrong
  • 3
    10%
    Correct
    Wrong
  • 4
    11%
    Correct
    Wrong
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Answer : 1. "21% "

Q:

A dealer sold an article at a loss of 2%. Had he sold it for ₹44 more, he would have gained 20%. Find the cost price of the article.

1223 0

  • 1
    ₹250
    Correct
    Wrong
  • 2
    ₹300
    Correct
    Wrong
  • 3
    ₹400
    Correct
    Wrong
  • 4
    ₹200
    Correct
    Wrong
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Answer : 4. "₹200"

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