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- Question
A merchant buys 25 litres of milk daily at the rate of ? 12 per litre. He mixes 5 litres of water in it and sells at the rate ? 10.40 per litre. His gain/loss is:
Options- A. 8% profit
- B. 2% profit
- C. 4% profit
- D. 6% profit
- Correct Answer
- 4% profit
- 1. A and B invest Rs. 3000 and Rs. 2400 respectively in a business. If after one year there is a loss of Rs. 720, how much loss will B bear? (Loss or Profit is in proportion to their investments)
Options- A. Rs. 72
- B. Rs. 320
- C. Rs..400
- D. Rs. 360 Discuss
- 2. Selling price of a watch is Rs 966 and profit percentage is 15%. If selling price is Rs 798, then what will be the loss percentage?
Options- A. 5
- B. 8
- C. 7.21
- D. 6.26 Discuss
- 3. The marked price of a chair is 40% more than its cost price. If the chair is sold for Rs 520 after a discount of Rs 40, then what will be the profit percentage?
Options- A. 33
- B. 40
- C. 25
- D. 30 Discuss
- 4. By selling a bag at Rs. 230, profit of 15% is made. The selling price of the bag, when it is sold at 20% profit would be
Options- A. Rs.250
- B. Rs.205
- C. Rs.240
- D. Rs.200 Discuss
- 5. A vendor buys 12 bananas for Rs 60 and sells 5 bananas for Rs 32. What will be his gain (in %)?
Options- A. 28
- B. 32
- C. 24
- D. 22 Discuss
- 6. A retailer gets a discount of 40% on the printed price of an article. The retailer sells it at the printed price. His gain percent is
Options- A. 40
- B. 55
- C. 66 2/3
- D. 75 Discuss
- 7. If the cost price of 25 pens is equal to the selling price of 20 pens, then the profit percent is
Options- A. 20%
- B. 25%
- C. 15%
- D. 5% Discuss
- 8. Loss of 20% on selling price is equal to x% loss in cost price. What is x?
Options- A. 20%
- B. 20
- C. 16 2/3%
- D. 16 Discuss
- 9. A contractor has got two orders A and B. On one (A) he spends Rs. 25,000 and makes a bill of Rs. 30,500. On the other (B) he makes a bill keeping a profit of 20%. Which of the two orders is more profitable to him?
Options- A. B
- B. A
- C. A nor B
- D. None of the above Discuss
- 10. If the loss of percent on article is 15%. Then the ratio of the cost price and sell price will be
Options- A. 17:20
- B. 20:17
- C. 23:15
- D. 15:23 Discuss
Profit and Loss problems
Search Results
Correct Answer: Rs. 320
Correct Answer: 5
Correct Answer: 30
Correct Answer: Rs.240
Correct Answer: 28
Correct Answer: 66 2/3
Correct Answer: 25%
Correct Answer: 16 2/3%
Correct Answer: A
Correct Answer: 20:17
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