Profit and Loss Practice Question and Answer
8 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.
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64cce7d0a919c8488e3039b2- 1₹250false
- 2₹300false
- 3₹400false
- 4₹200true
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Answer : 4. "₹200"
Q: When a mobile is sold at 6 percent profit, it gets Rs. 870 more than it is sold at 6 percent loss. So what is the purchase price of mobile?
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5f97f2cef6ce7f2367fdf82c- 17250true
- 27266false
- 37217false
- 47243false
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Answer : 1. "7250"
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?
1208 05fb399bfcb95815ec70d6862
5fb399bfcb95815ec70d6862- 1Rs. 1180false
- 2Rs.1080false
- 3Rs. 1200true
- 4Rs. 1100false
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Answer : 3. "Rs. 1200 "
Q: On selling 17 balls at Rs. 720 there is a loss equal to the cost price of 5 balls. The cost price of a ball is:
1207 05efd39ee7228dd6b06e28838
5efd39ee7228dd6b06e28838- 1Rs. 60true
- 2Rs. 55false
- 3Rs. 45false
- 4Rs. 50false
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Answer : 1. "Rs. 60 "
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?
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605316f3a01bc44789ae0ff1- 18 %false
- 212 %false
- 310 %true
- 415 %false
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Answer : 3. "10 %"
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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60acc2fe5b70231d286a910c- 179true
- 281false
- 398false
- 467false
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Answer : 1. "79"
Q: By selling an article for ₹72, there is a loss of 10%. At what price it should be sell to gain 10% profit?
1191 0639c9287c7eb1b240b5fcd1e
639c9287c7eb1b240b5fcd1e- 1₹85false
- 2₹88true
- 3₹80false
- 4₹90false
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Answer : 2. "₹88"
Q: Shashi sells two articles for ₹5,000 each with no loss and no profit in the overall transaction. If one article is sold at $$16{2\over 3}\%$$loss, then the other is sold at a profit of:
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64bfb961a2d4dcaf044d563e- 125%true
- 224%false
- 316%false
- 418%false
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