Profit and Loss Practice Question and Answer
8 Q: A shopkeeper sold an item at a profit of 20 %. If he reduces the price of the item by Rs. 900, he incurs a loss of 10 %. What is the cost price of the item?
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62f38b523342ab118439cab1- 1Rs. 4900false
- 2Rs. 4200false
- 3Rs. 3500false
- 4Rs. 3000true
- 5None of thesefalse
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Answer : 4. "Rs. 3000"
Q: Jack sold a dress for Rs.1440 and made a profit of 20%. What was its cost?
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5eb50b18a201e2350c47eea3- 11152false
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- 31200true
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Answer : 3. "1200 "
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?
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642c0b072b960e1a41963e68- 130%false
- 220%true
- 310%false
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Answer : 2. "20% "
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?
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5fd877c4079b5044b45ecc62- 141%false
- 242%false
- 345%true
- 450%false
- 5None of thesefalse
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Answer : 3. "45%"
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?
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5dc296a1ee5d9e2ea2b548c7- 149.5true
- 248false
- 346false
- 447false
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Answer : 1. " 49.5 "
Q: A dealer bought an item at 10% discount on its original price. He sold it at 35 % more than the original price. What percentage profit did he get?
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5fd9c16c89d4575ab4909a0b- 125 %false
- 245 %false
- 322.5 %false
- 450 %true
- 535 %false
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Answer : 4. "50 %"
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?
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5fa919e84e71ba46b02a59cf- 110 %false
- 225 %false
- 320 %true
- 415 %false
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Answer : 3. "20 % "
Q: If the ratio of selling price and cost price is 4:5 respectively, then what is the loss percentage?
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5e4e10f61b69e805d0bbee10- 110false
- 216.66false
- 312.5false
- 420true
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