Profit and Loss Practice Question and Answer

Q: A shopkeeper earns a profit equal to the cost price of 15 meter by selling 45 meter cloth. Find the profit percent? 2345 0

  • 1
    33%
    Correct
    Wrong
  • 2
    30%
    Correct
    Wrong
  • 3
    $$ 33 {1 \over 3} $$
    Correct
    Wrong
  • 4
    55%
    Correct
    Wrong
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Answer : 3. "$$ 33 {1 \over 3} $$"

Q:

Ram sells a car to Mohan at a profit of 16% and Mohan sells it to Shyam at a profit of 25%. How much profit% Ram would have got if he had sold the car directly to Shyam at the price Shyam bought it?

2330 0

  • 1
    41%
    Correct
    Wrong
  • 2
    42%
    Correct
    Wrong
  • 3
    45%
    Correct
    Wrong
  • 4
    50%
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 3. "45%"

Q:

A fan is sold for ₹1,560 at a profit of 30%. If its selling price is ₹960, then what will be the loss percentage?

2321 0

  • 1
    30%
    Correct
    Wrong
  • 2
    20%
    Correct
    Wrong
  • 3
    10%
    Correct
    Wrong
  • 4
    25%
    Correct
    Wrong
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Answer : 2. "20% "

Q:

Jack sold a dress for Rs.1440 and made a profit of 20%. What was its cost? 

2306 0

  • 1
    1152
    Correct
    Wrong
  • 2
    1240
    Correct
    Wrong
  • 3
    1200
    Correct
    Wrong
  • 4
    1180
    Correct
    Wrong
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Answer : 3. "1200 "

Q:

A trader bought 10 kg of apples for Rs. 405 out of which 1 kg of apples were found to be rotten. If he wishes to make a profit of 10 % at what rate should he sell the remaining apples per kg? 

2269 0

  • 1
    49.5
    Correct
    Wrong
  • 2
    48
    Correct
    Wrong
  • 3
    46
    Correct
    Wrong
  • 4
    47
    Correct
    Wrong
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Answer : 1. " 49.5 "

Q:

If the ratio of selling price and cost price is 4:5 respectively, then what is the loss percentage?

2263 0

  • 1
    10
    Correct
    Wrong
  • 2
    16.66
    Correct
    Wrong
  • 3
    12.5
    Correct
    Wrong
  • 4
    20
    Correct
    Wrong
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Answer : 4. "20"

Q:

P purchase an item for Rs 1200 and sold it on a profit of 10%. If he sells it at Rs 1380 then calculate his increase in profit percentage. 

2225 0

  • 1
    5%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    12%
    Correct
    Wrong
  • 4
    15%
    Correct
    Wrong
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Answer : 1. "5% "

Q:

30 dozen walnuts were purchased for Rs. 14400 and 32 packets of walnuts (20 walnuts in each packet) were purchased for Rs. 57600. If a packet of Akharato was sold for five rupees in a pack at Rs. 432, what would be the profit percentage?

2220 0

  • 1
    10 %
    Correct
    Wrong
  • 2
    25 %
    Correct
    Wrong
  • 3
    20 %
    Correct
    Wrong
  • 4
    15 %
    Correct
    Wrong
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Answer : 3. "20 % "

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