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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.

Q131

Q131 A dishonest shopkeeper professes to sell pulses at the cost price, but he uses a false weight of 950gm. for a kg. His gain is____%.

A

5%

B

11%

C

4 4/19%

D

5 5/19%

Q132

Q132 A dishonest shopkeeper professes to sell pulses at the 20% profit , also he uses a false weight of 800gm for a kg, His actual gain is____%.

A

25%

B

15%

C

20%

D

50%

Q133

Q133 A dishonest milkman sells milk at cost price but he mixes water and earns 14(2/7)%. Find the ratio of mixture and milk in the mixture?

A

2:3

B

7:1

C

1:7

D

8:7

Q134

Q134 Chamanlal purchased 20 dozen note books @ Rs.48 per dozen. He sold 8 dozen at 10% profit and the remaining12 dozens with 20% profit. What is the profit percentage in this transaction?

A

25%

B

12%

C

16%

D

50%

Q135

Q135 A cow and a horse are bought for rs 200000. The cow is sold at a profit of 20% and the horse at a loss of 10%.the overall gain​ is rs4000. T​he cost price of cow is

A

Rs 96000

B

Rs 80000

C

Rs 104000

D

Rs 108000

Q136

Q136 A trader has 600kgs of rice , a part of which he sells at 15% profit and the remaining quantity at 20% loss. On the whole , he incurs an overall loss of 6% .What is the quantity of rice he sold at 20% loss?

A

Rs 960

B

Rs 360

C

Rs 560

D

Rs 460

Q137

Q137 A watch dealer incurs an expense of Rs. 150 for producing every watch. He also incurs an additional expenditure of Rs. 30,000, which is independent of the number of watches produced. If he is able to sell a watch during the season, he sells it for Rs. 250. If he fails to do so, he has to sell each watch for Rs. 100.If he produces 1500 watches, what is the number of watches that he must sell during the season in order to breakeven, given that he is able to sell all the watches produced?

A

900

B

800

C

700

D

400

Q138

Q138 By selling 12 oranges for Rs 60 a man losses 25%. The number of oranges he has to sell for Rs 100 so as to gain 25% is?

A

9

B

11

C

15

D

12

Q139

Q139 A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

A

5

B

10

C

6

D

7

Q140

Q140 Shopkeeper sells two items at the same price. If he sells one of them at a profit of 10% and the other at a loss of 10%, find the percentage profit/loss.Same SP different profit loss %

A

2% profit

B

10% loss

C

1% loss

D

3% profit

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