Profit Loss Questions and Answers

1.

A book seller buys a book for Rs. 12 and sells it at 15% profit. Find out the selling price of the book.
A. Rs. 10
B. Rs. 13.8
C. Rs. 12
D. Rs. 15.2
Answer with Explanation
Answer: Option B
Explanation:
No explanation for this question.

2.

After selling a water filter at Rs. 423 mainak made 6% of loss. Find out the selling price when he made 8% of profit.
A. Rs. 350
B. Rs. 400
C. Rs. 450
D. Rs. 486
Answer with Explanation
Answer: Option D
Explanation:
No explanation for this question.

3.

A businessman sells a item at 20% loss. If he sells the item at Rs. 100 more, then he could made 5% of profit. Find the cost price of the item.
A. Rs. 200
B. Rs. 300
C. Rs. 400
D. Rs. 500
Answer with Explanation
Answer: Option C
Explanation:
No explanation for this question.

4.

A tea seller mixing Dargelling tea of Rs. 50/kg and Assam tea of Rs. 35/kg and prepare a mixed blend at 2:5 ratio. If he sells the tea at Rs. 44/kg then what percent of profit or loss he got?
A. 10%
B. 12%
C. 15%
D. 20%
Answer with Explanation
Answer: Option B
Explanation:
No explanation for this question.

5.

A 20% hike in the price of rice forces a person to purchase 3 kg less for Rs. 150. Find the new and original prices of the wheat.
A. Rs. 10 and Rs. 25/3 per kg.
B. Rs. 10 and Rs. 50 per kg.
C. Rs. 20 and Rs. 23 per kg.
D. None of these.
Answer with Explanation
Answer: Option A
Explanation:
No explanation for this question.

6.

A reduction of 20% in the price of wheat enables a person to buy 2kg more for Rs. 30. Find the reduced and the original price per kg og sugar.
A. Rs. 3.75
B. Rs. 4
C. Rs. 5.65
D. None of these.
Answer with Explanation
Answer: Option A
Explanation:
No explanation for this question.

7.

A sells a computer to B at a profit of 30% and B sells it to C at a loss of 20%. Find the resultant profit or loss.
A. 7% profit
B. 4% profit
C. 4% loss
D. None of these.
Answer with Explanation
Answer: Option B
Explanation:
No explanation for this question.

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