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Profit and loss Practice Questions & Answers

36 vote

 A ball pen factory decided to reduce its production by 10% over that of previous month for next 3 months starting from February 1999. In January 1999, it produced 3000 ball pens. How many ball pens we

Asked on by Guest | Votes 36

 A ball pen factory decided to reduce its production by 10% over that of previous month for next 3 months starting from February 1999. In January 1999, it produced 3000 ball pens. How many ball pens we

A). 2430

B). 2330

C). 2230

D). 2130

0 vote

 Chamanlal purchased 20 dozen note books @ Rs.48 per dozen. He sold 8 dozen at 10% profit and the remaining12 dozens with 20% profit. What is the profit percentage in this transaction?

Asked on by Guest | Votes 0

 Chamanlal purchased 20 dozen note books @ Rs.48 per dozen. He sold 8 dozen at 10% profit and the remaining12 dozens with 20% profit. What is the profit percentage in this transaction?

A). 2 %

B). 4 %

C). 8 %

D). 16 %

0 vote

 7000 bricks were purchased for Rs.5740. The cost of transportation of these bricks to construction sight was Rs.805. What was the overall cost per thousand bricks?

Asked on by Guest | Votes 0

 7000 bricks were purchased for Rs.5740. The cost of transportation of these bricks to construction sight was Rs.805. What was the overall cost per thousand bricks?

A). Rs. 635

B).  Rs. 735

C). Rs. 835

D). Rs. 935

0 vote

 If the cost price of 50 oranges is equal to the selling price of 40 oranges, then the profit per cent is

Asked on by Guest | Votes 0

 If the cost price of 50 oranges is equal to the selling price of 40 oranges, then the profit per cent is

A). 5 %

B). 15 %

C). 25 %

D). 35 %

0 vote

 A man sells two tables at the same price. On one he makes a profit of 10% and on the other he suffers a loss of 10%. His loss percent on the whole transaction is

Asked on by Guest | Votes 0

 A man sells two tables at the same price. On one he makes a profit of 10% and on the other he suffers a loss of 10%. His loss percent on the whole transaction is

A). 1 % gain

B). 1 % loss

C). 2 % gain

D). 2 % loss