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.


 

31. A man purchases 8 pens for Rs.9 and sells 9 pens for Rs.8, how much profit or loss does he make?

(A)  98% Profit

(B)  98% Loss

(C)  89% Profit

(D)  89% Loss

Ans. (B) 20.98% Loss

 

32. A reduction of 40% in the price of bananas would enable a man to obtain 64 more for Rs.40, what is reduced price per dozen?

(A)  5

(B)  4

(C)  2

(D)  3

Ans. (D) Rs. 3

 

33. A reduction of 25% in the price of oil enables a house wife to obtain 5kgs more for Rs.800, what is the reduced price for kg?

(A)  20

(B)  30

(C)  40

(D)  25

Ans. (C) Rs. 40

 

34. A man buys two articles for Rs.1980 each and he gains 10% on the first and loses 10% on the next. Find his total gain or loss percent?

(A)  1% Gain

(B)  1% Loss

(C)  10% Loss

(D)  No Gain or No Loss

Ans. (A) 1% Gain

35. A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on the next. Find his total gain or loss?

(A)  9% Loss

(B)  400

(C)  4000

(D)  324

Ans. (A) 9% Loss

 

36. I bought two books; for Rs.480. I sold one at a loss of 15% and other at a gain of 19% and then I found each book was sold at the same price. Find the cost of the book sold at a loss?

(A)  28

(B)  280

(C)  140

(D)  70

Ans. (B) Rs. 280

 

37. A man buys an article and sells it at a profit of 20%. If he had bought it at 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?

(A)  370

(B)  375

(C)  350

(D)  300

Ans. (B) Rs. 375

 

38. If goods be purchased for Rs.840 and one-fourth be sold at a loss of 20% at what gain percent should the remainder be sold so as to gain 20% on the whole transaction?

(A)  30%

(B)  33%

(C)  33 1/3%

(D)  35%

Ans. (C) 33 1/3%

 

39. Oranges are bought at 11 for a rupee and an equal number more at 9 a rupee. If these are sold at 10 for a rupee, find the loss or gain percent?

(A)  1% Gain

(B)  2% Gain

(C)  1% Loss

(D)  2% Loss

Ans. (C) 1% Loss

40. A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent?

(A)  75%

(B)  50%

(C)  100%

(D)  80%

Ans. (C) 100%

 

 


 

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