Profit and Loss Practice Question and Answer
8 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 ?
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Answer : 1. "79"
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 -
1054 0609a63ad8ea85b2491016d43
609a63ad8ea85b2491016d43- 1Rs. 325false
- 2Rs. 225true
- 3Rs. 500false
- 4Rs. 375false
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Answer : 2. "Rs. 225"
Q: By selling an article at 2/3 of the Marked price, there is a loss of 10%. The profit percent when the article is sold at the Marked prices
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62ff7b8ffef7996822ddfb52- 120%false
- 230%false
- 335%true
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Answer : 3. "35%"
Q: A Shopkeeper marks his goods 20 % above its cost price and gives 15 % discount on the marked price. Find the gain?
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60b71348cef13e72bbf96aef- 12 %true
- 23 %false
- 34 %false
- 45 %false
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Answer : 1. "2 %"
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
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6246d018e6c50b4b29b8032f- 1₹ 704.50false
- 2₹ 724.50true
- 3₹ 664.50false
- 4₹ 684.50false
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Answer : 2. "₹ 724.50 "
Explanation :

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?
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644faa52f3618908bf548c23- 1Rs.3,480true
- 2Rs.3,500false
- 3Rs.3,840false
- 4Rs.3,620false
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Answer : 1. "Rs.3,480"
Q: Nisha bought a number of oranges at 2 for a rupee and an equal number at 3 for a rupee. To make a profit of 20% she should sell a dozen for
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6246d641a008a64dd39f1525- 1₹ 10false
- 2₹ 12false
- 3₹ 6true
- 4₹ 8false
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Answer : 3. "₹ 6 "
Explanation :

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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