Profit and Loss Practice Question and Answer
8 Q: Which one of the following costs more?
I. 200 packets of ₹ 250 each
II . 20 dozens of ₹ 250 each
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622b2fe57c4208076bab6480- 1Ifalse
- 2IItrue
- 3Both I and II are equalfalse
- 4Cannot be calculatedfalse
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Answer : 2. "II"
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:
1077 06489bb4ef4063d472f4b2f0e
6489bb4ef4063d472f4b2f0e- 1620true
- 2680false
- 3720false
- 4640false
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Answer : 1. "620 "
Q: A fan is listed at ₹ 150 and a discount of 20% is given. Then the selling price is
1075 06246cec8e6c50b4b29b7fe44
6246cec8e6c50b4b29b7fe44- 1₹ 120true
- 2₹ 110false
- 3₹ 180false
- 4₹ 150false
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Answer : 1. "₹ 120 "
Explanation :

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
1073 06400bc3335d86258eccfa256
6400bc3335d86258eccfa256- 1Rs. 320false
- 2Rs. 360false
- 3Rs. 400true
- 4Rs 440false
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Answer : 3. "Rs. 400 "
Q: By selling 100 pencils, A shopkeeper gains the selling price of 20 pencils. His gain percentage is
1071 062ff76688921e519c1485fd5
62ff76688921e519c1485fd5- 115false
- 212false
- 325true
- 420false
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Answer : 3. "25 "
Q: If the cost price of 25 perts is equal to the selling price of 20 pens, then profit percent is
1066 06400bb31a9f6c7de51a26e7f
6400bb31a9f6c7de51a26e7f- 120%false
- 225%true
- 315%false
- 45%false
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Answer : 2. "25% "
Q: The selling price and the cost price of an article are ₹6,000 and ₹5,000, respectively. What is the profit percentage?
1066 0643d1a2219f0af16e38ba3d3
643d1a2219f0af16e38ba3d3- 125%false
- 210%false
- 320%true
- 415%false
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Answer : 3. "20%"
Q: There is a profit of 10% when an item is sold at $${{5\over6}}$$ of its actual selling price. What will be the profit percentage on the cost price when the item is sold at its actual selling price?
1063 0643d1d391ce944a93ea9385b
643d1d391ce944a93ea9385b- 128%false
- 232%true
- 326%false
- 430%false
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