Profit and Loss Practice Question and Answer
8 Q: A cloth merchant sold half of his cloth at 20 % profit, half of the remaining cloth at 20 % loss and the rest was sold at its cost price. In the total transaction, his gain or loss will be
2736 05d8c92eb83050426e7abfd4d
5d8c92eb83050426e7abfd4d- 15% profittrue
- 2Neither loss nor gainfalse
- 35% lossfalse
- 410%false
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Answer : 1. "5% profit "
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?
2723 0642c0b072b960e1a41963e68
642c0b072b960e1a41963e68- 130%false
- 220%true
- 310%false
- 425%false
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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?
2716 05eb50b18a201e2350c47eea3
5eb50b18a201e2350c47eea3- 11152false
- 21240false
- 31200true
- 41180false
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Answer : 3. "1200 "
Q: A shopkeeper earns a profit equal to the cost price of 15 meter by selling 45 meter cloth. Find the profit percent? 2715 05d13365fd2441c3c5ff90a30
5d13365fd2441c3c5ff90a30- 133%false
- 230%false
- 3$$ 33 {1 \over 3} $$true
- 455%false
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Answer : 3. "$$ 33 {1 \over 3} $$"
Q: Priya purchased two mixers for Rs.1500 and made a profit of 9% on one and loss of 6% on the other. But overall there is no profit or loss, then cost price of mixture are in the ratio?
2683 0602270d8ad295556282ac6aa
602270d8ad295556282ac6aa- 13 : 5false
- 22 : 3true
- 35 : 3false
- 43 : 2false
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Answer : 2. "2 : 3"
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.
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5e7ee34a1425f51f3ac20305- 15%true
- 210%false
- 312%false
- 415%false
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Answer : 1. "5% "
Q: The price of 6 pencils is Rs. 30 and that of 12 pens is Rs. 120. What is the average price of 50 pencils and 50 pens?
2669 05e3255a67a622870856622dc
5e3255a67a622870856622dc- 16.75false
- 27.5true
- 35false
- 45.75false
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Answer : 2. "7.5"
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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