Profit and Loss Practice Question and Answer
8 Q: A used car dealer sells a car for Rs 7.6 lakhs and makes some loss. If he had sold if for Rs.9.2 lakhs his profit would been thrice of his loss. What was the cost price of the car (in Rs. Lakhs)?
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5dca4f4a582669277c2973cc- 18.5false
- 28.75false
- 38.25false
- 48true
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Answer : 4. "8"
Q: A shopkeeper has 11 books of same cost price. He sells the first book at certain price, then he sells second book at a price which is ₹ 1 less than the selling price of first book and then he sells third book at a price which is ₹1 less than the selling price of second book. Following this pattern, he sold all 11 books. If he sells sixth book at its cost price. Find the overall percent profit or loss on selling all 11 books.
3040 05dd37ade874d2d52fa316a87
5dd37ade874d2d52fa316a87- 120%false
- 210%false
- 3$$ {1\over 11}\% $$false
- 4No profit no Losstrue
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Answer : 4. "No profit no Loss "
Q: A shopkeeper earns a profit equal to the selling price of 11 meter by selling 22-meter cloth. Find the profit percent. 2999 15d1331bc925caa2d5bbbff70
5d1331bc925caa2d5bbbff70- 150%true
- 252%false
- 345%false
- 455%false
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Answer : 1. "50%"
Q: Sandeep buys an old scooter for Rs.4700 and spends Rs.800 on its repairs. If he sells to its Rajesh for Rs.5800, then his gain percent will be:
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5ef1861d2c39485d739e832d- 1$$ 5 {5\over11}%$$true
- 2$$ 4 {4\over7}%$$false
- 310%false
- 412%false
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Answer : 1. "$$ 5 {5\over11}%$$"
Q: A man spends his 2 months income in 3 months and saves Rs 1500 in a year then Find his monthly income?
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5e7f4153a874324f6e0bd464- 1450false
- 2425false
- 3400false
- 4375true
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Answer : 4. "375"
Q: A person bought 8 quintals of rice for certain rupees. After a week, he sold 3 quintals of rice at 10% profit, 3 quintals of rice with neither profit nor loss and 2 quintals at 5% loss. In this transaction what is the profit?
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5ed4b0d7ebc5ce408e26b17a- 13.5false
- 20.5false
- 31.5false
- 42.5true
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Answer : 4. "2.5"
Q: If the profit on selling an article for Rs. 579 is the same as the loss on selling it for Rs. 337, then find the profit percent if its selling price is Rs. 687.
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605868ee9982dc053f988872- 1245%false
- 225%false
- 350%true
- 427 ½ %false
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Answer : 3. "50%"
Q: If the cost of pins reduces by Rs . 4 per dozen, 12 more pins can be purchased for Rs. 48. The cost of pins per dozen after reduction is:
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5efc791fd4461c5b47d6d0fb- 1Rs. 16false
- 2Rs. 20false
- 3Rs. 8false
- 4Rs . 12true
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