Profit and Loss Practice Question and Answer
8 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: The ratio of the cost price and selling price of an article is 10 : 11. The gain per cent is:
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647f343362f8ada0354d5241- 15%false
- 215%false
- 310%true
- 48%false
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Answer : 3. "10%"
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
1332 06246cf529809e154c7050fac
6246cf529809e154c7050fac- 1₹ 550false
- 2₹ 600true
- 3₹ 650false
- 4₹ 700false
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Answer : 2. "₹ 600"
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
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5efd3b3b7228dd6b06e28a5b- 1Rs. 400true
- 2Rs. 100false
- 3Rs. 200false
- 4Rs. 300false
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Answer : 1. "Rs. 400"
Q: A trader sells an article at 16% below its cost price. Had he sold it for ₹192.20 more, he would have gained 15%. The cost price (in ₹) of the article is:
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6489bb4ef4063d472f4b2f0e- 1620true
- 2680false
- 3720false
- 4640false
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Answer : 1. "620 "
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: A man bought three articles, each of which cost Rs 3000. He sold those articles at 10% profit, 5% profit and 15% loss respectively. What is the total profit/loss percentage earned by him?
1323 06321bb9964c0411bf18aa7a4
6321bb9964c0411bf18aa7a4- 110% lossfalse
- 25% lossfalse
- 35% profitfalse
- 4no profit no losstrue
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Answer : 4. "no profit no loss"
Q: By selling 33 metres of cloth a person gain the cost price of 11 metres. find the gain%
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62ff77228921e519c148621b- 1$$33{1\over3}\%$$true
- 2$$33{1\over2}\%$$false
- 333%false
- 4$$34{1\over3}\%$$false
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Answer : 1. "$$33{1\over3}\%$$ "
Explanation :


