Profit and Loss Practice Question and Answer
8 Q: An umbrella is marked for ₹150 and sold for ₹138. The rate of discount is:
1071 064ccdd8d9e9013486a978d04
64ccdd8d9e9013486a978d04- 15%false
- 28%true
- 36%false
- 49%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "8%"
Q: By selling 33 metres of cloth a person gain the cost price of 11 metres. find the gain%
1068 062ff77228921e519c148621b
62ff77228921e519c148621b- 1$$33{1\over3}\%$$true
- 2$$33{1\over2}\%$$false
- 333%false
- 4$$34{1\over3}\%$$false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "$$33{1\over3}\%$$ "
Explanation :

Q: If the loss is 20%, by what fraction should the selling price be multiplied to get the cost price?
1058 06321bb433169cb1b15680415
6321bb433169cb1b15680415- 14/5false
- 28/5false
- 35/4true
- 46/5false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "5/4"
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
1054 062ff7762a6d1894ab156b2f5
62ff7762a6d1894ab156b2f5- 140%false
- 222%false
- 350%true
- 411%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "50%"
Q: A merchant purchases a wrist watch for ₹ 450 and fixes its list price in such a way that after allowing a discount of 10%, he earns a profit of 20%. Then the list price of the watch is
1039 06246cf529809e154c7050fac
6246cf529809e154c7050fac- 1₹ 550false
- 2₹ 600true
- 3₹ 650false
- 4₹ 700false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "₹ 600"
Explanation :

Q: An item when sold for ₹ 1,690 earned 30% profit on the cost price. Then the cost price is
1038 06246ce26e6c50b4b29b7fd4a
6246ce26e6c50b4b29b7fd4a- 1₹ 1,300true
- 2₹ 130false
- 3₹ 507false
- 4₹ 630false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "₹ 1,300 "
Explanation :

Q: A sold a watch to B at a profit of 20%. B sold it to C at 30% profit. C sold it to D at 10% loss. If B's profit is ₹80 more than that of A, then D bought it for:
1038 064b90e7388d5e4f52ddf7bf3
64b90e7388d5e4f52ddf7bf3- 1₹700false
- 2₹680false
- 3₹652false
- 4₹702true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "₹702"
Q: By selling an article for Rs. 600 there is a profit of 20%. What is the cost price of the article?
1033 0632284373f5a4d2dcff467c8
632284373f5a4d2dcff467c8- 1600false
- 2457false
- 3244false
- 4500true
- Show AnswerHide Answer
- Workspace
- SingleChoice

