Profit and Loss Practice Question and Answer
8 Q: If a seller bought an item for Rs. 900 and determined the mark price in such a way that after giving 10 percent discount, he would get a profit of 20 percent, what would be the mark price?
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5fb399bfcb95815ec70d6862- 1Rs. 1180false
- 2Rs.1080false
- 3Rs. 1200true
- 4Rs. 1100false
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Answer : 3. "Rs. 1200 "
Q: A shopkeeper bought 25 kg. of pulses at the rate of Rs. 54 kg. He sold forty percent of the total quantity at the rate of Rs. 50 per kg. at what price per kg should he sell the approximately quantity to make 25% overall profit ?
1144 060acc2fe5b70231d286a910c
60acc2fe5b70231d286a910c- 179true
- 281false
- 398false
- 467false
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Answer : 1. "79"
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.
1134 06024f1cecce66f776c86d09b
6024f1cecce66f776c86d09b- 121%true
- 2100%false
- 310%false
- 411%false
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Answer : 1. "21% "
Q: The marked price of an article is Rs.800. A retailer buys it for Rs.540 after getting two successive discounts. The first discount is 25 %. What is the second discount?
1130 0605316f3a01bc44789ae0ff1
605316f3a01bc44789ae0ff1- 18 %false
- 212 %false
- 310 %true
- 415 %false
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Answer : 3. "10 %"
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.
1124 064cce7d0a919c8488e3039b2
64cce7d0a919c8488e3039b2- 1₹250false
- 2₹300false
- 3₹400false
- 4₹200true
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Answer : 4. "₹200"
Q: By selling a car for ₹ 64,000, Mr. Rao lost 20%. Then the cost price of the car is :
1119 06246cd85e6c50b4b29b7f705
6246cd85e6c50b4b29b7f705- 1₹ 80,000true
- 2₹ 84,000false
- 3₹ 72,000false
- 4₹ 76,800false
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Answer : 1. "₹ 80,000 "
Explanation :

Q: A man sells an article at 5 % above its cost price. If he had bought it at 5 % less than what he had paid for it and sold it at Rs. 2 less, he would have gained 10 %. The cost price of the article is
1118 05efd3b3b7228dd6b06e28a5b
5efd3b3b7228dd6b06e28a5b- 1Rs. 400true
- 2Rs. 100false
- 3Rs. 200false
- 4Rs. 300false
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Answer : 1. "Rs. 400"
Q: The cost price of a radio is₹ 600. The 5% of the cost price is charged towards transportation. After adding that, if the net profit to be made is 15%, then the selling price of the radio must be
1110 06246d018e6c50b4b29b8032f
6246d018e6c50b4b29b8032f- 1₹ 704.50false
- 2₹ 724.50true
- 3₹ 664.50false
- 4₹ 684.50false
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Answer : 2. "₹ 724.50 "
Explanation :


