Profit & Loss Questions and Answers

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Q71
on a Rs 10000 payment order, a person has a choice between 3 successive discounts of 10%, 10% and 30% and 3 successive discounts of 40%, 5% and 5%. By choosing the better offer, he can save :
  • A Rs 200
  • B Rs 255
  • C Rs 400
  • D Rs 433
Answer: Option B
Q72
The marked price of a fan is Rs 620. Due to off season, a 15% discount is allowed. The S.P. of the fan is :
  • A Rs 427
  • B Rs 527
  • C Rs 537
  • D Rs 547
Answer: Option B
Q73
The difference between a discount of 40% on Rs 500 and two successive discounts of 36% and 4% on the same amount is :
  • A Nil
  • B Rs 2
  • C Rs 7.20
  • D Rs 1.93
Answer: Option C
Q74
At what percentage above the C.P. must an article be marked so as to gain 33% after allowing a customer a discount of 5% ?
  • A 38%
  • B 40%
  • C 43%
  • D 48%
Answer: Option B
Q75
A dealer marks his goods 20% above C.P. He then allows some discount on it & makes a profit of 8%. The rate of discount is :
  • A 4%
  • B 6%
  • C 10%
  • D 12%
Answer: Option C
Q76
Rajesh buys an article with 25% discount o its marked price. He makes a profit of 10% by selling it Rs 660.The marked price is :
  • A Rs 600
  • B Rs 685
  • C Rs 700
  • D Rs 800
Answer: Option D
Q77
What price should a shopkeeper mark on an article, costing him Rs 53, to gain 20% after allowing a discount of 15% ?
  • A Rs 224
  • B Rs 216
  • C Rs 184
  • D Rs 162
Answer: Option B
Q78
A video cssette is listed at Rs 150, with a discount of 20%. What additional discount must be offered to bring the net price to Rs 108 ?
  • A 15%
  • B 25/2%
  • C 10%
  • D 8%
Answer: Option C
Q79
If the S.P.of Rs 24 results in a 20% discount on list price, what S.P.  would result in a 30% discount on list price ?
  • A Rs 27
  • B Rs 21
  • C Rs 20
  • D Rs 9
Answer: Option B
Q80
A trader allows two successive discounts of 20% and 10%. if he sells an article for Rs 108, then the marked price of the article is :
  • A Rs 150
  • B Rs 148
  • C Rs 142
  • D Rs 140
Answer: Option A
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