Profit and Loss Practice Question and Answer
8 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: A piece of land came to a person through three middlemen each gaining 20%. If the person purchased the land for Rs. 3,45,600 the original cost of the land was:
3177 15efd52dceb90be58c591c022
5efd52dceb90be58c591c022- 1Rs.1,75,800false
- 2Rs.2,00,000true
- 3Rs.1,00,000false
- 4Rs.1,50,000false
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Answer : 2. "Rs.2,00,000"
Q: By selling 15 mangoes, a fruit seller gains the selling price of 3 mangoes. His gain is
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5ee9abc7eee45c3b8374b6aa- 125%true
- 216%false
- 324%false
- 427%false
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Answer : 1. "25%"
Q: By selling an article for Rs. 320, a man incurs a loss of 20%, what should be the selling price of an article to gain 30%?
3139 05eb94b27a445f56aef0937ca
5eb94b27a445f56aef0937ca- 1Rs. 520true
- 2Rs. 690false
- 3Rs. 550false
- 4Rs. 440false
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Answer : 1. "Rs. 520"
Q: Prakash, Sunil and Anil started a business jointly investing Rs. 11 lakhs, Rs. 16.5 lakhs and Rs 8.25 lakhs respectively. The profit earned by them in the business at the end of three years was Rs. 19.5 lakhs. What will be the 50% of Anil's share in the profit?
3108 05e4d07f9701cfd31ff632dc3
5e4d07f9701cfd31ff632dc3- 1Rs. 4.5 lakhsfalse
- 2Rs. 2.25 lakhstrue
- 3Rs. 2.5 lakhsfalse
- 4Rs. 3.75 lakhsfalse
- 5None of thesefalse
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Answer : 2. "Rs. 2.25 lakhs "
Q: A starts a business, after 6 months B also join him with Rs.4500 and after 2 months of B’s joining C also join them with Rs.4500. If A gets approx. Rs 4900 out of total annual profit of Rs. 10,000 then find the approximate value of initial investment of A.
3092 05df9b7bd9e7c624c9bfe900b
5df9b7bd9e7c624c9bfe900b- 1Rs. 4800false
- 2Rs. 4200false
- 3Rs. 3600true
- 4Rs 4400false
- 5Rs. 5200false
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Answer : 3. "Rs. 3600"
Q: A trader sold an article at profit of 20%. Had he bought that article at 60% less price and sold it at Rs 90 less, then he would have gained 50%. What is the value (in Rs) of cost price?
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5efd52047228dd6b06e2c9a3- 1250false
- 2300false
- 3150true
- 4200false
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Answer : 3. "150 "
Q: On selling 36 oranges one incurs a loss equal to selling Price of 4 oranges. What will be the loss%? 3002 05d133058925caa2d5bbbff6b
5d133058925caa2d5bbbff6b- 110%true
- 234%false
- 313%false
- 414%false
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