Practice test

Profit and loss - Test Set 3

Review 10 exam-focused questions with detailed explanations, then start the interactive test when you are ready.

10 questions

Questions and explanations

  1. Question 1

    A vendor sold 16 clips for a rupee and got 25% profit. How many clips did he buy for a rupee?
    1. 20
    2. 10
    3. 25
    4. 15
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  2. Question 2

    What is the cost of three-fourths of a kilogram of vegetable, if the cost of two and a half kilogram of vegetable is Rs.120?

    A. Rs.48
    B. Rs.36
    C. Rs.60
    D. Rs.64
    1. D
    2. A
    3. C
    4. B
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  3. Question 3

    Shyam gets back the amount he had invested by buying 100 books by selling 65 of them. What is the profit percentage?
    1. 531113%
    2. 49913%
    3. 65%
    4. 35%
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  4. Question 4

    The cost price of 20 tables is equal to the selling price of 'x' tables. If there is profit of 25% in this deal then, find the value of 'x'.
    1. 18
    2. 16
    3. 25
    4. 15
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  5. Question 5

    A man sold his watch for Rs.144 and got a percentage profit equal to the cost price of the watch. Find cost price of that watch.
    1. Rs.80
    2. Rs.100
    3. Rs.72
    4. Rs.90
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  6. Question 6

    A man sells a wardrobe at a certain price ‘S’ and gets a profit equal to 20% of the selling price. If for him, the cost price of the cupboard increases by 10%, and he sells it at 4% more than ‘S’ then what will be his percentage profit this?
    1. 22.7%
    2. 23.4%
    3. 18.18%
    4. 21.8%
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  7. Question 7

    The profit earned by selling an article for Rs.832 is equal to the loss incurred when the article is sold for Rs.448. What will be the selling price of the article if it is sold at a 10% loss?
    1. Rs.576
    2. Rs.540
    3. Rs.625
    4. Rs.640
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  8. Question 8

    By selling an item for Rs.1741, the profit earned would be 11% more than the loss earned by selling the same item for Rs.897. Find the cost price of that item?
    1. 1297
    2. 1486
    3. 1144
    4. 1032
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  9. Question 9

    The loss incurred on selling an article for Rs.535 is 60% of the profit earned on selling the same article for Rs.775. Find the purchase price (in rupees) of that item.
    1. 625
    2. 615
    3. 610
    4. 600
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  10. Question 10

    10 dozen of chocolates are purchased at the rate of Rs.10 per dozen and sold at the rate of Rs.2 per piece. If the merchant spends Rs.50 on fare, find the percentage profit.
    1. 60%
    2. 18%
    3. 50%
    4. 40%
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