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Profit and loss Practice Questions & Answers

1 vote

 The cost of 14 bats and 35 balls is Rs 1190. What will be the cost of 16 bats and 40 balls ?

Asked on by Guest | Votes 1

 The cost of 14 bats and 35 balls is Rs 1190. What will be the cost of 16 bats and 40 balls ?

A). Rs. 13600

B). Rs. 14600

C). Rs. 15600

D). Rs. 16600

0 vote

 Ramesh purchased 64 items at Rs 450 per item. He invested Rs 1600 in transportation of these items. What should be the selling price of each item if he has to gain 20% as profit ?

Asked on by Guest | Votes 0

 Ramesh purchased 64 items at Rs 450 per item. He invested Rs 1600 in transportation of these items. What should be the selling price of each item if he has to gain 20% as profit ?

A). Rs. 150

B). Rs. 370

C). Rs. 420

D). Rs. 570

1 vote

 The labelled price of a product is Rs. 840. If it is sold at a 40% discount, the dealer earns 20% profit. What is the cost price ?

Asked on by Guest | Votes 1

 The labelled price of a product is Rs. 840. If it is sold at a 40% discount, the dealer earns 20% profit. What is the cost price ?

A). Rs. 240

B). Rs. 420

C). Rs. 520

D). Rs. 610

27 vote

 Akash sold a walkman for Rs. 795. If he made a 6% profit on the cost price, what was the original cost price of the walkman ?

Asked on by Guest | Votes 27

 Akash sold a walkman for Rs. 795. If he made a 6% profit on the cost price, what was the original cost price of the walkman ?

A). 750

B). 800

C). 850

D). 900

0 vote

 Mr X sold an item to Mr Y at 8% discount on print rate. The discount value was 710304. If the print rate includes 12% profit on the purchase cost, what is the purchase cost ?

Asked on by Guest | Votes 0

 Mr X sold an item to Mr Y at 8% discount on print rate. The discount value was 710304. If the print rate includes 12% profit on the purchase cost, what is the purchase cost ?

A). Rs. 10,000

B). Rs. 20,000

C). Rs. 30,000

D). Rs. 40,000