Profit and Loss Practice Question and Answer
8 Q: A man bought an old typewriter for ₹1200 and spent ₹200 on its repair. He sold it for ₹1680. His profit percent is :
1029 06246c87be6c50b4b29b7d521
6246c87be6c50b4b29b7d521- 18%false
- 216%false
- 320%true
- 410%false
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Answer : 3. "20% "
Explanation :

Q: A salesman expects a gain of 13% on his cost price. If in a month his sale was ₹ 7,91,000, what was his profit ?
1024 06246cce8a008a64dd39ef0b7
6246cce8a008a64dd39ef0b7- 1₹ 91,000true
- 2₹ 97,786false
- 3₹ 85,659false
- 4₹ 88,300false
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Answer : 1. "₹ 91,000 "
Explanation :

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?
1021 06321bb9964c0411bf18aa7a4
6321bb9964c0411bf18aa7a4- 110% lossfalse
- 25% lossfalse
- 35% profitfalse
- 4no profit no losstrue
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Answer : 4. "no profit no loss"
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
1018 062ff7981fef7996822ddf60b
62ff7981fef7996822ddf60b- 140%false
- 222%false
- 350%true
- 411%false
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Answer : 3. "50%"
Q: Which one of the following costs more?
I. 200 packets of ₹ 250 each
II . 20 dozens of ₹ 250 each
1016 0622b2fe57c4208076bab6480
622b2fe57c4208076bab6480- 1Ifalse
- 2IItrue
- 3Both I and II are equalfalse
- 4Cannot be calculatedfalse
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Answer : 2. "II"
Q: If the shopkeeper sold the mobile for Rs.15000 and then he gets some loss. If he sold the same mobile at Rs.19200 and then he gets profit is double of loss. Find the cost price of the mobile?
1012 062f388da3342ab118439c1e0
62f388da3342ab118439c1e0- 1Rs.16000false
- 2Rs.18000false
- 3Rs.17500false
- 4Rs.15500false
- 5None of thesetrue
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Answer : 5. "None of these "
Q: The ratio of the cost price and selling price of an article is 10 : 11. The gain per cent is:
1011 0647f343362f8ada0354d5241
647f343362f8ada0354d5241- 15%false
- 215%false
- 310%true
- 48%false
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Answer : 3. "10%"
Q: A pen passing through two hands is finally sold at a profit of 44% of the original cost price. If the first dealer makes a profit of 20%, then the profit made by the second dealer is:
1011 0644271a96db4aa24292a8275
644271a96db4aa24292a8275- 124%false
- 236%false
- 320%true
- 427%false
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