Profit and Loss Practice Question and Answer
8 Q: A cloth merchant on selling 33 metres of cloth obtain a profit equal to the selling price of 11 metre of cloth the profit is
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Answer : 3. "50%"
Q: If the loss is 20%, by what fraction should the selling price be multiplied to get the cost price?
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6321bb433169cb1b15680415- 14/5false
- 28/5false
- 35/4true
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Answer : 3. "5/4"
Q: A shopkeeper on selling 33 metres of cloth obtain a profit equal to the selling price of 11 metre of cloth the profit is
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62ff7981fef7996822ddf60b- 140%false
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Answer : 3. "50%"
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 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
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Answer : 3. "10 %"
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
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Answer : 3. "35%"
Q: An umbrella is marked for ₹150 and sold for ₹138. The rate of discount is:
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64ccdd8d9e9013486a978d04- 15%false
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Answer : 2. "8%"
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:
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5efd39ee7228dd6b06e28838- 1Rs. 60true
- 2Rs. 55false
- 3Rs. 45false
- 4Rs. 50false
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