Profit and Loss Practice Question and Answer
8Q: On selling 36 oranges one incurs a loss equal to selling Price of 4 oranges. What will be the loss%? 2561 05d133058925caa2d5bbbff6b
5d133058925caa2d5bbbff6b- 110%true
- 234%false
- 313%false
- 414%false
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Answer : 1. "10%"
Q: If 5500 copies are published and the transportation cost on them amounts to Rs. 82,500, then what should be the selling price of the book so that the publisher can earn a profit of 25%?
2544 05d70c73bd8eebc768d114030
5d70c73bd8eebc768d114030
- 1Rs. 187.50true
- 2Rs. 191.50false
- 3Rs. 175false
- 4Rs. 180false
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Answer : 1. "Rs. 187.50"
Explanation :
For the publisher to earn a profit of 25% S.P = 125% of C.P.
Also Transportation Cost = 10% of C.P.
Let the S.P of 5500 books be Rs. x.
Then, 10 : 125 = 82500 : x ⇒ x = Rs.
= Rs. 1031250.
⸫ S.P. of one book = Rs.
= Rs. 187.50.
Q: If a chair sold for Rs. 600 at the profit of 20%, then the original price of the chair is:
2522 05dbfbb70d701145da0b070fd
5dbfbb70d701145da0b070fd- 1Rs. 540false
- 2Rs. 500true
- 3Rs. 480false
- 4Rs. 580false
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Answer : 2. "Rs. 500"
Q: An article is sold at a loss of 20 %. It yields Rs. 60 more when it is sold at a gain of 20 %. The cost price of the article is
2499 05dcb83b9e9d33d6509bd9859
5dcb83b9e9d33d6509bd9859- 1Rs. 200false
- 2Rs. 150true
- 3Rs. 140false
- 4Rs. 120false
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Answer : 2. "Rs. 150 "
Q: Two mobile phones were purchased at the same price. One was sold at a profit of 30 % and the second was sold at a price which was Rs 2500 less than the price at which the first was sold. If the overall profit earned by selling both the mobile phones was 5 %, what was the cost price of one mobile phone?
2497 05ea6d04ffb6adc33ce5c9c23
5ea6d04ffb6adc33ce5c9c23- 1Rs. 8000false
- 2Rs. 5000true
- 3Rs. 6000false
- 4Rs. 4500false
- 5Rs. 5500false
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Answer : 2. "Rs. 5000 "
Q: Arun buys one kilogram of apples for Rs . 120 and sells it to Swati gaining 25 %. Swati sells it to Divya and Divya again sells it for Rs. 198, making a profit of 10 %. What is the profit percentage made by Swati?
2455 05dd37c16c2282c484e46288e
5dd37c16c2282c484e46288e- 125 %false
- 220 %true
- 316.67 %false
- 415 %false
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Answer : 2. "20 % "
Q: A dishonest dealer professes to sell his good at cost price, but he uses a weight of 800 gm. For one kg. Find his gain percent? 2441 05d132e47925caa2d5bbbff61
5d132e47925caa2d5bbbff61- 120false
- 225true
- 340false
- 410false
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Answer : 2. "25"
Q: Cost of 24 bats and 32 sticks is Rs 5600. What is the price of 3 bats and 4 sticks?
2400 05da0551400e22578c9e9a004
5da0551400e22578c9e9a004- 1Rs 1400false
- 2Rs 2800false
- 3Rs 700true
- 4Data Inadequatefalse
- 5None of thesefalse
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