Profit and Loss Practice Question and Answer

Q: What should be % increased the Marked price so that even after allowing 10% discount one get the profit of 26%? 2443 0

  • 1
    20%
    Correct
    Wrong
  • 2
    50%
    Correct
    Wrong
  • 3
    60%
    Correct
    Wrong
  • 4
    40%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "40%"

Q: A shopkeeper earns a profit equal to the cost price of 15 meter by selling 45 meter cloth. Find the profit percent? 2435 0

  • 1
    33%
    Correct
    Wrong
  • 2
    30%
    Correct
    Wrong
  • 3
    $$ 33 {1 \over 3} $$
    Correct
    Wrong
  • 4
    55%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "$$ 33 {1 \over 3} $$"

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?

2423 0

  • 1
    30%
    Correct
    Wrong
  • 2
    20%
    Correct
    Wrong
  • 3
    10%
    Correct
    Wrong
  • 4
    25%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "20% "

Q:

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

2410 0

  • 1
    1152
    Correct
    Wrong
  • 2
    1240
    Correct
    Wrong
  • 3
    1200
    Correct
    Wrong
  • 4
    1180
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

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? 

2354 0

  • 1
    49.5
    Correct
    Wrong
  • 2
    48
    Correct
    Wrong
  • 3
    46
    Correct
    Wrong
  • 4
    47
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. " 49.5 "

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. 

2346 0

  • 1
    5%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    12%
    Correct
    Wrong
  • 4
    15%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "5% "

Q:

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

2345 0

  • 1
    10
    Correct
    Wrong
  • 2
    16.66
    Correct
    Wrong
  • 3
    12.5
    Correct
    Wrong
  • 4
    20
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "20"

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?

2338 0

  • 1
    3 : 5
    Correct
    Wrong
  • 2
    2 : 3
    Correct
    Wrong
  • 3
    5 : 3
    Correct
    Wrong
  • 4
    3 : 2
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "2 : 3"

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully