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Class 5 Maths Study Material

An Educational platform for Preparation and Practice Class 5. Kidsfront provide unique pattern of learning Maths with free online comprehensive study material in the form of QUESTION & ANSWER for each Chapter of Maths for Class 5. This study material help Class 5, Maths students in learning every aspect of Profit and Loss. Students can understand Profit and Loss concept easily and consolidate their learning by doing Online Practice Tests on Maths,Profit and Loss chapter repeatedly till they excel in Class 5, Profit and Loss. Free ONLINE PRACTICE TESTS on Class 5, Profit and Loss comprise of Hundreds of Questions on Profit and Loss, prepared by the highly professionals team. Every repeat test of Profit and Loss will have new set of questions and help students to prepare themselves for exams by doing unlimited Online Test exercise on Profit and Loss. Attempt ONLINE TEST on Class 5,Maths,Profit and Loss in Academics section after completing this Profit and Loss Question Answer Exercise.

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Profit and Loss

A washing machine is sold at Rs.25000 at a profit of Rs.1200. What was the Cost Price of the washing machine?

a) RS.20,380
b) RS.24,000
c) Rs.23,800
d) RS.28,300

✔Answer

✔Solution

Correct Answer Is : Rs.23,800

Solution Is : S.P = Rs.25,000 Profit = Rs.1200 C.P = S.P - profit = RS.25,000-RS.1200 = RS.23,800

A shopkeeper bought 312 eggs at Rs.16 per dozen. From which 12 eggs were broken and 12 eggs were rotten. What would be his profit or loss if he sells remaining egg at Rs.25 per dozen?

a) Rs.112
b) Rs.121
c) RS.115
d) Rs.102

✔Answer

✔Solution

Correct Answer Is : Rs.112

Solution Is : As 12 things make a dozen therefore, he bought = 312 / 12 = 26 dozen eggs Cost price of 26 dozen eggs = 26 x 16 = Rs.416 He sold number of eggs = 312 - 24 = 288 eggs Therefore he sold =288/12 = 24 dozen eggs his selling price is = 24 x 22 = Rs.528 As 528 > 416 so S.P > C.P he makes profit . Therefore, profit = S.P - C.P = 528 - 416 = Rs.112

A man buys an pen for Rs.34 and sells it for Rs.56.Find its gain percent?

a) 9%
b) 8%
c) 10%
d) 12%

✔Answer

✔Solution

Correct Answer Is : 12%

Solution Is : C.p = Rs.50 S.P = Rs.56 therefore, gain = S.p - c.p = Rs.6 Gain percent = (gain/c.p)x100 % = (6/50)x100 % = 12%

John purchased a bed for Rs.7460.He spent Rs.400 on transportation. He sold it at a profit of Rs.800.Find the selling price of the bed?

a) RS.7660
b) RS.8660
c) RS.8066
d) RS.9000

✔Answer

✔Solution

Correct Answer Is : RS.8660

Solution Is : C.P of a bed = Rs.7460 Transportation fees = Rs.400 Therefore , total cost price = Rs.7860 Selling price = C.P + profit = Rs.7860 +Rs.800 = Rs.8660 Selling price of the bed = Rs.8660

A motorbike was bought for Rs.76500 and sold at a gain of Rs.6100. Find the Selling Price of the motorbike.

a) RS.80,000
b) RS.80,620
c) Rs.82,600
d) RS.86,200

✔Answer

✔Solution

Correct Answer Is : Rs.82,600

Solution Is : C.P = Rs.76,500 , Profit = RS.6100 Therefore, Selling price = C.P +Profit = Rs.82,600

Jerry buys a basket of apple at Rs.4800. He sells the basket at Rs. 4225. Find his gain or loss.

a) RS.525
b) Rs.575
c) Rs.557
d) RS.560

✔Answer

✔Solution

Correct Answer Is : Rs.575

Solution Is : C.P = RS.4800 , S.P = RS.4225 As C.P > S.P he makes loss Loss = C.P -S.P = Rs.575

At what price should the mahima mark a microwave that costs her Rs. 27000/- so that even after offering a 10% discount, She makes 5% profit?

a) Rs.30,050
b) RS.31,005
c) Rs.31,500
d) Rs.30,150

✔Answer

✔Solution

Correct Answer Is : Rs.31,500

Solution Is : Cost of microwave = Rs.27000 So after giving 10% discount on marked price of microwave ,the cost price is : = 100/90x27000 =Rs.30,000 Selling price of microwave after 5% profit = 105/100x30000 = Rs.31500

Deepak bought a car for Rs.2,50,000. He spent Rs.4000 on repairs. He sold the car at a profit of Rs. 2300. At what price did he sell the car?

a) RS.2,56,003
b) Rs.2,56,300
c) RS.2,36,500
d) RS.254,300

✔Answer

✔Solution

Correct Answer Is : Rs.2,56,300

Solution Is : C.P = RS.2,50,000+Rs.4000 = Rs.2,54,000 profit = RS.2300 therefore, S.P = C.P + Profit = RS.2,54,000+RS.2300 = RS.256300

Rahul bought a Scooter for Rs.6600 and sold it at a loss of Rs. 850. What is his selling price?

a) RS.5705
b) RS.5057
c) RS.5570
d) RS.5750

✔Answer

✔Solution

Correct Answer Is : RS.5750

Solution Is : C.P = Rs.6600 , loss= RS.850 therefore, S.P = C.P - loss = RS.5750

Find gain or loss percent: if C.P = Rs. 300 and S.P = Rs.500 ?

a) 66.66%
b) 56.66%
c) 70%
d) 76.66%

✔Answer

✔Solution

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Profit and Loss

A washing machine is sold at Rs.25000 at a profit of Rs.1200. What was the Cost Price of the washing machine?

Correct Answer Is : Rs.23,800

Solution Is : S.P = Rs.25,000 Profit = Rs.1200 C.P = S.P - profit = RS.25,000-RS.1200 = RS.23,800

A shopkeeper bought 312 eggs at Rs.16 per dozen. From which 12 eggs were broken and 12 eggs were rotten. What would be his profit or loss if he sells remaining egg at Rs.25 per dozen?

Correct Answer Is : Rs.112

A man buys an pen for Rs.34 and sells it for Rs.56.Find its gain percent?

Correct Answer Is : 12%

Solution Is : C.p = Rs.50 S.P = Rs.56 therefore, gain = S.p - c.p = Rs.6 Gain percent = (gain/c.p)x100 % = (6/50)x100 % = 12%

John purchased a bed for Rs.7460.He spent Rs.400 on transportation. He sold it at a profit of Rs.800.Find the selling price of the bed?

Correct Answer Is : RS.8660

Solution Is : C.P of a bed = Rs.7460 Transportation fees = Rs.400 Therefore , total cost price = Rs.7860 Selling price = C.P + profit = Rs.7860 +Rs.800 = Rs.8660 Selling price of the bed = Rs.8660

A motorbike was bought for Rs.76500 and sold at a gain of Rs.6100. Find the Selling Price of the motorbike.

Correct Answer Is : Rs.82,600

Solution Is : C.P = Rs.76,500 , Profit = RS.6100 Therefore, Selling price = C.P +Profit = Rs.82,600

Jerry buys a basket of apple at Rs.4800. He sells the basket at Rs. 4225. Find his gain or loss.

Correct Answer Is : Rs.575

Solution Is : C.P = RS.4800 , S.P = RS.4225 As C.P > S.P he makes loss Loss = C.P -S.P = Rs.575

At what price should the mahima mark a microwave that costs her Rs. 27000/- so that even after offering a 10% discount, She makes 5% profit?

Correct Answer Is : Rs.31,500

Solution Is : Cost of microwave = Rs.27000 So after giving 10% discount on marked price of microwave ,the cost price is : = 100/90x27000 =Rs.30,000 Selling price of microwave after 5% profit = 105/100x30000 = Rs.31500

Deepak bought a car for Rs.2,50,000. He spent Rs.4000 on repairs. He sold the car at a profit of Rs. 2300. At what price did he sell the car?

Correct Answer Is : Rs.2,56,300

Solution Is : C.P = RS.2,50,000+Rs.4000 = Rs.2,54,000 profit = RS.2300 therefore, S.P = C.P + Profit = RS.2,54,000+RS.2300 = RS.256300

Rahul bought a Scooter for Rs.6600 and sold it at a loss of Rs. 850. What is his selling price?

Correct Answer Is : RS.5750

Solution Is : C.P = Rs.6600 , loss= RS.850 therefore, S.P = C.P - loss = RS.5750

Find gain or loss percent: if C.P = Rs. 300 and S.P = Rs.500 ?

Correct Answer Is : 66.66%

Solution Is : As S.P > C.P , Profit = S.p - C.P = RS.500-Rs.300 = Rs.200 therefore gain% = gain/c.px100 = 200/300x100 = 66.66%

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