Profit and Loss Practice Question and Answer
8 Q: Remi earns a profit of 20% on selling an article at a certain price. If she sells the articles for ₹8 more, she will gain 30%. What is the original cost price of 16 such articles?
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64b90cd3e2108a723934c7eb- 1₹1,152false
- 2₹1,120false
- 3₹1,280true
- 4₹1,200false
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Answer : 3. "₹1,280"
Q: By selling an article for Rs. 600 there is a profit of 20%. What is the cost price of the article?
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632284373f5a4d2dcff467c8- 1600false
- 2457false
- 3244false
- 4500true
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Answer : 4. "500"
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?
1258 062f388da3342ab118439c1e0
62f388da3342ab118439c1e0- 1Rs.16000false
- 2Rs.18000false
- 3Rs.17500false
- 4Rs.15500false
- 5None of thesetrue
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Answer : 5. "None of these "
Q: Which one of the following costs more?
I. 200 packets of ₹ 250 each
II . 20 dozens of ₹ 250 each
1254 0622b2fe57c4208076bab6480
622b2fe57c4208076bab6480- 1Ifalse
- 2IItrue
- 3Both I and II are equalfalse
- 4Cannot be calculatedfalse
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Answer : 2. "II"
Q: An item when sold for ₹ 1,690 earned 30% profit on the cost price. Then the cost price is
1252 06246ce26e6c50b4b29b7fd4a
6246ce26e6c50b4b29b7fd4a- 1₹ 1,300true
- 2₹ 130false
- 3₹ 507false
- 4₹ 630false
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Answer : 1. "₹ 1,300 "
Explanation :

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?
1240 0643d1d391ce944a93ea9385b
643d1d391ce944a93ea9385b- 128%false
- 232%true
- 326%false
- 430%false
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Answer : 2. "32%"
Q: By selling 100 pencils, A shopkeeper gains the selling price of 20 pencils. His gain percentage is
1239 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?
1217 0643d1a2219f0af16e38ba3d3
643d1a2219f0af16e38ba3d3- 125%false
- 210%false
- 320%true
- 415%false
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