Profit and Loss Questions Practice Question and Answer
8 Q: When Vijay sells 12 pens, he gains the selling price of pens. Calculate his % profit?
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Answer : 2. "20%"
Q: By selling a pen for Rs 105 there is a loss of 30%. At what price (in Rs) the pen must be sold in order to gain 30%?
1978 05dca952b45ad6b59c82bb777
5dca952b45ad6b59c82bb777- 1215false
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Answer : 3. "195"
Q: There is 10 % loss if a watch is sold for Rs 1440/-. At What price it is to be sold to get 15 % profit.
1971 05e72fea9827ff55feb3197a5
5e72fea9827ff55feb3197a5- 1Rs. 1840/-true
- 2Rs. 1850/-false
- 3Rs. 1800/-false
- 4Rs. 1860/-false
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Answer : 1. "Rs. 1840/- "
Q: Oranges are bought at 7 for Rs. 3. At what rate per hundred must they be sold to gain 33 % ?
1967 05e16f7b1c4b67b290576ae6f
5e16f7b1c4b67b290576ae6f- 1Rs. 56false
- 2Rs. 60false
- 3Rs. 58false
- 4Rs. 57true
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Answer : 4. "Rs. 57"
Q: By a selling basket for Rs. 19.50, a shopkeeper gains 30 %. For how much should he sell it to gain 40 %?
1955 05f04375ebedd52553093dad3
5f04375ebedd52553093dad3- 1Rs.24false
- 2Rs.23false
- 3Rs.21true
- 4Rs.21.50false
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Answer : 3. "Rs.21 "
Q: A merchant buys an article for Rs. 27 and sells it at a profit of 10 % of the selling price. The selling price of the article is:
1933 05efc6f6dd4461c5b47d6b15c
5efc6f6dd4461c5b47d6b15c- 1Rs. 37false
- 2Rs.32false
- 3Rs. 29.70false
- 4Rs. 30true
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Answer : 4. "Rs. 30 "
Explanation :

Q: Sujatha sold 75% of her goods at a profit of 24% and the remaining at a loss of 40%. What is her gain/loss percentage on the whole transaction?
1930 05fbe732c2e911753dd5631ab
5fbe732c2e911753dd5631ab- 18% gaintrue
- 210% gainfalse
- 37.5 % lossfalse
- 49 % lossfalse
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Answer : 1. "8% gain"
Q: A wholesaler had 200 dozen of mangoes. He sold some of these mangoes at 20 % profit and the rest at 10 % profit, so that he made 13 % profit on selling all the mangoes. How many mangoes in dozens) did he sell at 20 % profit?
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