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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.

Q111

Q111 Ram sells his article at some gain percent. If he sells the article for one-fourth time the actual selling price, then he incured a loss of 35%. Calculate the actual gain percent.

A

120%

B

145%

C

160%

D

195%

Q112

Q112 Aman purchase 40 mangoes for Rs.5000 and sell them at a profit equals to selling price of 10 mangoes. What is the selling price of one dozen mangoes if the price of each mango is same.

A

Rs.166.66

B

Rs.500

C

Rs.1000

D

Rs.2000

Q113

Q113 Shashank bought a old watch and if he spent 13% of cost on repairs and sold the watch for Rs.3300. What much he spend on repair if he made a profit of 22%.

A

Rs.3361.5

B

Rs.3461.5

C

Rs.3561.5

D

Rs.3661.5

Q114

Q114 Anika sells a bicycle for Rs.3560 and gets a gain percent of 21% if the gain percent is reduced to 11%. What will be the new selling price?

A

Rs.3165.7

B

Rs.3565.8

C

Rs.3265.8

D

Rs.3765.8

Q115

Q115 Rohini and Radhika brought two varieties of wheat one costs Rs.24 per kg and another costs Rs.38 per kg, if they mix 34 kg of wheat at Rs.24 per kg with 28 kg of another variety wheat at Rs.38 per kg and sells the mixture for Rs.32 per kg. Find the gain percent.

A

5.25%

B

5.53%

C

5.78%

D

6.04%

Q116

Q116 Sarang wanted to sell cardboard with 25% profit but end up selling it at a loss of 25% for Rs.640. At what price he should sell the cardboard so that he can a profit of 25%?

A

Rs.853.33

B

Rs.966.73

C

Rs.1066.66

D

Rs.1156.77

Q117

Q117 Saniya procured a profit of 25% even if she gives 20% discount to her friend. If she makes a profit of Rs.2500. Find the marked price

A

Rs.10000

B

Rs.11000

C

Rs.12000

D

Rs.12500

Q118

Q118 Tarini bought 24 boxes of pens for Rs.60 per box from a wholesaler. If tarini sells each pen for Rs.8 and one box contains 12 pens. Find profit or loss percent

A

65%

B

60%

C

70%

D

50%

Q119

Q119 Two bussinessmen bought cloth materials at the same cost. One bussinessman sold the cloth material at 30% profit and another one bussinessman sold it at 40% loss. Find overall profit/loss percentages.

A

10% loss

B

10% profit

C

5% loss

D

5% profit

Q120

Q120 Rahul is a water supplier, but during summer season as there is scarcity of water. He started supplying water by doubling it's selling price despite his cost price remain the same, and he realised his profit got tripled. Find the original profit percent

A

10%

B

25%

C

75%

D

100%

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