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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.

Q71

Q71 Aanchal sells a greeting card, if the difference between the selling prices of a greeting card at a gain of 5% and 10% if Rs.5. Find the cost price of the greeting card.

A

Rs.50

B

Rs.100

C

Rs.150

D

Rs.200

Q72

Q72 Jishant gains a profit of 25% while buying a skatebard and 35% profit while selling the skateboard. Find his overall profit percent.

A

48.75%

B

58.75%

C

68.75%

D

78.75%

Q73

Q73 Vidyut sells a house such that the ratio of cost price and selling price of the house is 36:37. The profit percent is

A

2.00%

B

2.44%

C

2.77%

D

3.00%

Q74

Q74 Shrikant sells a soccer ball such that the profit percent when the soccer ball is sold for Rs.1180 is twice than when it is sold for Rs.890. Find the cost price of the soccer ball

A

Rs.300

B

Rs.600

C

Rs.900

D

RS.1200

Q75

Q75 Arvind sells two titanium pipe for Rs.10,000 each without any profit or loss in the deal. If he sold one of them at a profit percent of 25%, At what percent the other pipe should be sold

A

11.11%

B

16.66%

C

22.22%

D

33.33%

Q76

Q76 Reshma sells 560 chikoos at the cost price of 480 chickoos. Find the loss percent incurred by Reshma.

A

11.11%

B

12.5%

C

14.28%

D

16.66%

Q77

Q77 Russia manufacture a jet at a cost of Rs. 25,00,000 and sell it to India at a cost of Rs.40,00,000. Find the difference between the profit procurred by Russia as a percentage of manufacturing cost and then as a percentage of the selling cost.

A

22.5%

B

25%

C

30.5%

D

37.5%

Q78

Q78 The profit percent when covishield vaccine is sold for Rs.780 is twice as when it is sold for Rs.690. Find the cost price of covisheild vaccine.

A

Rs.500

B

Rs.600

C

Rs.700

D

Rs.800

Q79

Q79 Ramesh by means of false balance makes a defraudes of 15% in buying alcohol-based hand sanitizers and also defraudes 15% in selling the alcohol-based hand sanitizer. Calculate the gain percent.

A

32.25%

B

34.25%

C

36.25%

D

38.25%

Q80

Q80 The ratio of the prices of three different types of COVID-19 vaccines is 4:5:7. If the difference between the costliest COVID-19 vaccine and the cheapest COVID-19 vaccine is Rs.600. Find the price of the modest COVID-19 vaccine.

A

Rs.500

B

Rs.750

C

Rs.1000

D

Rs.1250

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