Profit and Loss Practice Question and Answer
8 Q: A sold a mobile phone to B at a gain of 25% and B sold it to C at a loss of 10%. If C paid ₹5,625 for it, how much did A pay (in ₹) for the phone?
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6479be5df4063d472f1a86a9- 15,100false
- 25,000true
- 34,500false
- 44,800false
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Answer : 2. "5,000"
Q: If the cost price of 25 perts is equal to the selling price of 20 pens, then profit percent is
1196 06400bb31a9f6c7de51a26e7f
6400bb31a9f6c7de51a26e7f- 120%false
- 225%true
- 315%false
- 45%false
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Answer : 2. "25% "
Q: On selling an article for ₹651, there is a loss of 7%. The cost price of that article is
1191 06246c7b2a008a64dd39ec8fd
6246c7b2a008a64dd39ec8fd- 1₹793false
- 2₹700true
- 3₹744false
- 4₹751false
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Answer : 2. "₹700"
Explanation :

Q: If the cost of production of an article is 2/5 of its marked retail price, If it is sold at 10% discount then what will be profit?
1189 06337205e2ff7535af68887dc
6337205e2ff7535af68887dc- 125%false
- 240%false
- 350%false
- 4125%true
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Answer : 4. "125%"
Q: Shopkeeper sold an article after allowing two successive discounts of 15% and 20% on it. If shopkeeper earned 2% profit on selling the article and total discount allowed by him is Rs. 192, then find cost price of the article?
1184 063d29910e144980db72d08b0
63d29910e144980db72d08b0- 1Rs.500false
- 2Rs.400true
- 3Rs.300false
- 4Rs.600false
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Answer : 2. "Rs.400"
Q: A dealer marks a washing machine for ₹7500, and allows a discount of 6% on it. Find the selling price
1183 06400bb97cbcfaac0530003a6
6400bb97cbcfaac0530003a6- 1₹ 6850false
- 2₹ 7050true
- 3₹ 7250false
- 4₹ 6950false
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Answer : 2. "₹ 7050 "
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?
1179 06479d594bf323e479a8002bb
6479d594bf323e479a8002bb- 1₹576true
- 2₹540false
- 3₹625false
- 4₹640false
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Answer : 1. "₹576 "
Q: The marked price of an article is 40% above its cost price. If its selling price is $$73{1\over 2}\%$$ of the marked price, then the profit percentage is
1177 064be607123047f4c71dc905b
64be607123047f4c71dc905b- 12.4%false
- 22.9%true
- 33.1%false
- 42.7%false
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