Profit & Loss Questions and Answers
Practice ModeShowing 10 of 101 questions
Q21
A man buys oranges at Rs 5 a dozen and an equal number at Rs 4 a dozen. He sells them at Rs 5.50 a dozen and makes a profit of Rs 50. How many oranges does he buy ?
Answer: Option C
Q22
Ajay bought 15 kg of dal at the rate of Rs 14.50 per kg and 10 kg at the rate of Rs 13 per kg. He mixed the two and sold the mixture at the rate of Rs 15 per kg. What was his total gain in this transaction ?
Answer: Option D
Q23
A producer of tea blends two varieties of tea from two tea gardens one costing Rs 18 per kg and another Rs 20 per kg in the ratio 5 ; 13. If he sells the blended variety at R 21 per kg, then his gain percent is :
Answer: Option B
Q24
Gopal purchased 35 kg of rice at the rate of Rs 9.50 per kg and 30 kg at the rate of Rs 10.50 per kg. he mixed the two. Approximately, at what price per kg should he sell the mixture to make 35 % profit in the transaction ?
Answer: Option D
Q25
Pure ghee costs Rs 100 per kg. After adulteratig it with vegetable oil costing Rs 50 per kg, a shopkeer sells the mixture at the rate of Rs 96 per kg, thereby making a profit of 20%. In what ratio does he mix the two ?
Answer: Option B
Q26
By mixing two qualities of pulses in the ratio 2 ; 3 and selling the mixture at the rate of Rs 22 per kilogram, a shopkeeper makes a profit of 10%. If the cost of the smaler quantity be Rs 14 per kg, the cost per kg of the larger quantity is :
Answer: Option B
Q27
A dealer professing to sell his goods at cost price, uses a 900 gm weight for a kilogram. His gain percent is :
Answer: Option D
Q28
Toffees are bought at the rate of 3 for a rupee. To gain 50%, they must be sold at :
Answer: Option A
Q29
By selling toffees at 20 for a rupee, a man loses 4%. To gain 20%, for one rupee, he must sell
Answer: Option A
Q30
By selling 45 lemons for Rs 40, a man loses 20%. How many shoud he sell for Rs 24 to gain 20% in the transaction ?
Answer: Option B