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Profit and Loss Questions & Answers

Practice crucial Profit and Loss questions to improve understanding. Profit and Loss questions and answers carry a high weightage at the examination and should be prepared on a daily basis.

Q101

Q101 A wholesaler buys two refrigerator for Rs.16000. he sells one at a profit of 33% and other at a loss of 7% and make no profir or loss at the end. What is the selling price of the article that he sold at a profit?

A

Rs.14680

B

Rs.14500

C

Rs.14860

D

Rs.15230

Q102

Q102 Amey buys a scooter where the scooter's cost price is 1.33 times its selling price. Find loss percent

A

0.187%

B

0.248%

C

0.287%

D

0.314%

Q103

Q103 Abhinav and suchi bought a television for Rs.25000 where Abhinav and suchi paid the amount in a ratio of 5:6 and they sold the television by making a gain of 6%. If the gain is distributed between in the same ratio of 5:6. How much amount does suchi gets after they sold the television.

A

Rs.14000

B

Rs.14256

C

Rs.14455

D

Rs.1565

Q104

Q104 Anirudh sells a washing machine for Rs.10000 and gains a profit of 21%. If the profit percent is reduced to 6%. Find the new selling price of anirudh

A

Rs.8800

B

Rs.8950

C

Rs.8760.3

D

Rs.8876.8

Q105

Q105 Ashmita wants to sell her cupboard and sold it for Rs.8000 and incured a loss of 7.5%. To gain 12.5% she should sell it for

A

Rs.9800

B

Rs.9730

C

Rs.9780

D

Rs.9000

Q106

Q106 Shanaya buys a pen where the loss percent is equal to the cost price of the pen numerically. If she sells the pen for Rs.56. Find the cost price of the pen

A

Rs.500

B

Rs.600

C

Rs.800

D

1000

Q107

Q107 A shopkeeper marked the price of a bed 26% more than its cost price. If the discount of 16% is given on the marked price, the profit percent is

A

5.2%

B

5.5%

C

5.8%

D

6.1%

Q108

Q108 Raju and Ramu are two vendors selling sugar, Raju earns a profit of 11.11% per kg but Ramu reduced the scale to 800 grams in the place of 1kg and sell the sugar at his cost price. Who gains more Raju or Ramu and difference between their gain percent?

A

Raju,5.05

B

Ramu,13.89

C

Raju,4.78

D

Ramu,14.79

Q109

Q109 Ashish buys sugar at Rs.45, Rs.30, Rs. 25 per kilogram. He mixes them in the ratio of 5:6:7 by weight and sells at a profit of 40%. At what price per kilogram he sells the sugar?

A

Rs.42.11

B

Rs.45.11

C

Rs.35.11

D

Rs.37.11

Q110

Q110 Aditya buys a farm for Rs.5,00,000. He sells two-fifths of the farm at a loss percent of 23% and one-third of farm at a gain percent of 28%. At what price should he sell the remaining farm to make a overall profit of 13%?

A

Rs.2,00,000

B

Rs.1,97,666.7

C

Rs.1,90,000

D

Rs.1,60,000

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