# Profit and Loss Questions

**Profit and Loss**

**Six Mangoes are brought at 3 for Rs. 2 & sold at 2 for Rs. 3. Find cost price of 6 Mangoes & selling price of 6 Mangoes? /**

- Rs. 5,10
- Rs. 5,10
- Rs. 3,8
- Rs. 2,7

Answer 5,10

**A sold a table to B at profit of 15%.Later on B sold it back to A at a profit of 2% There by gaining Rs. 69 How much did A pay for it originally? **

- Rs. 400
- Rs. 200
- Rs. 100
- Rs. 300

Correct Answer :Rs. 300

**If the cost price of 30 articles is equal to the selling price of 20 articles. Find the Profit percentage? **

60%

70%

80%

50%

Correct Answer :50%

**A Fruit seller buys 200 apples for Rs. 80 & sells it for Rs. 100. What is his profit Percent?**

- 30%
- 35%
- 25%
- None of these

Correct Answer: 25 %

**When a commodity is sold for Rs. 34, there is a loss of 15%. What is the cost price of the commodity?**

- 50
- 40
- 60
- 70

Correct Answer :40

**A shopkeeper marks his items 40% above the cost price and gives a discount of 20% on the marked price. His gain percentage is:**

- 20%
- 14%
- 15%
- 12%

Correct Answer: 12%

**An Iron box was brought for Rs. 770.75 and was sold for a profit of Rs. 50.25. Find selling price of Iron box? **

- Rs. 721
- Rs. 521
- Rs. 821
- Rs. 621

Correct Answer: Rs. 821

**A person purchased a bike for Rs. 50,440 including sales tax. If the rate of the sales tax is 4%, find the original cost of the bike.**

- Rs. 48,500
- Rs. 49,500
- Rs. 48,000
- Rs. 49,000

Correct Answer: 49,500

**A briefcase was sold at a profit of 10%. If its cost price was 5% less and it had been sold for Rs. 7 more than the profit, it would have been 20%. Find the cost of briefcase.**

- Rs. 170
- Rs. 169
- Rs. 175
- Rs. 174

Correct Answer :- Rs 175

**When a book is sold for Rs. 24, the seller loses 20% of its cost. What would be his profit or loss, if he sells it for Rs. 27? **

- A loss Rs. 3
- A loss Rs. 1
- A profit Rs. 4
- A profit Rs. 6

Correct Answer: A loss Rs. 3

**The selling price of 4 articles is the same as the cost price of 5 articles. Find the loss or profit percentage?**

- 30 %
- 25 %
- 10 %
- 40 %

Correct Answer :-25 %

**A person sells a radio of price Rs. 1000 at 20% discount to another person. The second person increases its price by Rs. 400 and sells it at a discount of 25%. What is the profit percentage made by the second person?**

- 12.5%
- 5%
- 12%
- 10%

Correct Answer :- 12.5%

**A grain merchant sold 600 quintals of rice at a profit of 7 %. If a quintal of rice costs him Rs. 1600, find his total profit and his selling price respectively.**

- Rs. 77,200, and Rs. 9,27,200
- Rs. 57,200, and Rs. 8,27,200
- Rs. 62,200, and Rs. 7,27,200
- Rs. 67,200, and Rs. 10,27,200

Correct Answer :- Rs. 67,200, and Rs. 10,27,200

**A trader marks his goods at 40 % above the cost price but allows a discount of 25 %. What is his gain percent? **

- 6 %
- 7 %
- 5 %
- 8 %

Correct Answer :- 5 %

**Check also: Trigonometry | Definition, Formulas, Ratios, Table, & Identities**

## Leave a Reply