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.

Important Profit and Loss Question Answer for preparation


51. At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price?

(A)  62.50

(B)  72.50

(C)  75.00

(D)  80.00

Ans. (A) Rs.62.50

 

52. A trader marked the price of a car 20% above the cost price and allowed the purchaser 5% discount on the marked price there by gained Rs.8400. Find the cost price of the car?

(A)  60000

(B)  75000

(C)  68400

(D)  78400

Ans. (A) Rs.60000

 

53. A trader marked the price of the T.V. 30% above the cost price of the T.V. and gave the purchaser 10% discount on the marked price, thereby gaining Rs.340. Find the cost price of the T.V?

(A)  2250

(B)  2000

(C)  2150

(D)  2200

Ans. (B) Rs.2000

 

54. A man buys milk at a certain rate per liter and after adding water to it sells the mixture at the same rate. Find in what ration he much mix water to milk so as to gain 20% on his outlay?

(A)  1:5

(B)  1:20

(C)  2:5

(D)  1:6

Ans. (A) 1:5

 

55. A person buys an article at Rs.500. At what price should he sell the article so as to make a profit of 20%?

(A)  600

(B)  500

(C)  250

(D)  700

Ans. (A) Rs.600

 

56. By selling an article at Rs.600, a profit of 25% is made. Find its cost price?

(A)  350

(B)  400

(C)  573

(D)  480

Ans. (D) Rs.480

 

57. By selling an article at Rs.800, a shopkeeper makes a profit of 25%. At what price should he sell the article so as to make a loss of 25%?

(A)  600

(B)  480

(C)  500

(D)  450

Ans. (B) Rs.480

 

58. A shopkeeper buys two articles for Rs.1000 each and then sells them, making 20% profit on the first article and 20% loss on second article. Find the net profit or loss percent?

(A)  1%

(B)  2%

(C)  3%

(D)  Neither profit nor loss

Ans. (D) Neither profit nor loss

 

59. A shopkeeper sells two articles at Rs.1000 each, making a profit of 20% on the first article and a loss of 20% on the second article. Find the net profit or loss that he makes?

(A)  3%

(B)  4%

(C)  5%

(D)  Neither profit nor loss

Ans. (B) Neither profit nor loss

 

60. A shopkeeper buys mangoes at the rate of 4 a rupee and sells them at 3 a rupee. Find his net profit or loss percent?

(A)  20%

(B)  28%

(C)  33 1/3 %

(D)  35 2/7 %

Ans. (C) 33 1/3 %

 


 

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