Profit and Loss Question Answer

Updated Profit and Loss Question Answer : In this article, we provided the Profit and Loss Question Answer 2022. The Profit and Loss questions and answers are mostly asked in all competitive exams. Eg:- Union Public Service Commission, State Public Service Commission, Staff Selection Commission, Railway Recruitment Board, etc. In this, questions related to the Profit and Loss Questions Answers are asked.


 

21. A cycle is bought for Rs.900 and sold for Rs.1080, find the gain percent?

(A)  16 2/3%

(B)  20%

(C)  18%

(D)  25%

Ans. (B) 20%

 

22. An article is bought for Rs.675 and sold for Rs.900, find the gain percent?

(A)  16 2/3%

(B)  30%

(C)  33 1/3%

(D)  33 1/6%

Ans. (C) 33 1/3%

 

23. The cost price of a radio is Rs.1500 and it was sold for Rs.1230, find the loss %?

(A)  18%

(B)  9%

(C)  15%

(D)  6%

Ans. (A) 18%

 

24. A watch was sold at a loss of 10%. If it was sold for Rs.140 more, there would have been a gain of 4%. What is the cost price?

(A)  1000

(B)  1140

(C)  860

(D)  760

Ans. (A) Rs.1000

 

25. The sale price series listed for Rs.400 after successive discount is 10% and 5% is?

(A)  357

(B)  340

(C)  342

(D)  338

Ans. (C) Rs. 342

 

26. The list price of an article is Rs.65. A customer pays Rs.56.16 for it. He was given two successive discounts, one of them being 10%. The other discount is?

(A)  3%

(B)  4%

(C)  5%

(D)  6%

Ans. (B) 4%

 

27. What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20%?

(A)  20%

(B)  25%

(C)  13 1/30%

(D)  12%

Ans. (A) 20%

 

28. A trader bought a car at 20% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price?

(A)  10%

(B)  11%

(C)  12%

(D)  15%

Ans. (C) 12%

 

29. A man sells a horse for Rs.800 and loses something, if he had sold it for Rs.980, his gain would have been double the former loss. Find the cost price of the horse?

(A)  900

(B)  875

(C)  850

(D)  860

Ans. (D) Rs. 860

 

30. By selling a house for Rs.45000, it was found that 1/8 of the outlay was gained, what ought the selling to price to have been in order to have lost 5 p.c?

(A)  38750

(B)  38000

(C)  40000

(D)  42000

Ans. (B) Rs. 38000

 

 


 

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