Profit and Loss Practice Question and Answer
8 Q: If the cost price of 25 perts is equal to the selling price of 20 pens, then profit percent is
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6400bb31a9f6c7de51a26e7f- 120%false
- 225%true
- 315%false
- 45%false
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Answer : 2. "25% "
Q: A dishonest dealer professes to sell his goods at cost price but uses a false weight and thus gains 15%. For a kilogram, he uses a weight of _________ (rounded off to one digit after decimal).
1003 0647f56c4f4063d472f2d3177
647f56c4f4063d472f2d3177- 1833.3 gmfalse
- 2876.7 gmfalse
- 3869.6 gmtrue
- 4898.33 gmfalse
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Answer : 3. "869.6 gm"
Q: By selling 100 pencils, A shopkeeper gains the selling price of 20 pencils. His gain percentage is
997 062ff76688921e519c1485fd5
62ff76688921e519c1485fd5- 115false
- 212false
- 325true
- 420false
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Answer : 3. "25 "
Q: The selling price and the cost price of an article are ₹6,000 and ₹5,000, respectively. What is the profit percentage?
988 0643d1a2219f0af16e38ba3d3
643d1a2219f0af16e38ba3d3- 125%false
- 210%false
- 320%true
- 415%false
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Answer : 3. "20%"
Q: A merchant marked the price of an article by incresing its pro- duction cost by 40% .Now he al- lows 20% discount and gets a profit of Rs. 48 after selling it. The production cost is
987 06400bc3335d86258eccfa256
6400bc3335d86258eccfa256- 1Rs. 320false
- 2Rs. 360false
- 3Rs. 400true
- 4Rs 440false
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Answer : 3. "Rs. 400 "
Q: On selling an article for ₹651, there is a loss of 7%. The cost price of that article is
983 06246c7b2a008a64dd39ec8fd
6246c7b2a008a64dd39ec8fd- 1₹793false
- 2₹700true
- 3₹744false
- 4₹751false
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Answer : 2. "₹700"
Explanation :

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:
978 06489bb4ef4063d472f4b2f0e
6489bb4ef4063d472f4b2f0e- 1620true
- 2680false
- 3720false
- 4640false
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Answer : 1. "620 "
Q: The profit earned by selling an article for ₹832 is equal to the loss incurred when the article is sold for ₹448. What will be the selling price of the article if it is sold at a ₹10%, loss?
977 06479d594bf323e479a8002bb
6479d594bf323e479a8002bb- 1₹576true
- 2₹540false
- 3₹625false
- 4₹640false
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