Profit and Loss Questions Practice Question and Answer
8 Q: If 3 toys are sold at the cost price of 4 toys of the same kind, the profit will be:
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5d7f1dba50132761b5ef7bb9- 125%false
- 2true
- 3false
- 450%false
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Answer : 2. " "
Q: The cost price of an article is 480. If it is to be sold at a profit of 6.25 %, how much would be its selling price?
1775 05e6c5be78fcee56af205341b
5e6c5be78fcee56af205341b- 1Rs 510true
- 2Rs 530false
- 3Rs 503false
- 4Rs 519false
- 5None of thesefalse
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Answer : 1. "Rs 510"
Q: By a selling basket for Rs. 19.50, a shopkeeper gains 30 %. For how much should he sell it to gain 40 %?
1771 05f04375ebedd52553093dad3
5f04375ebedd52553093dad3- 1Rs.24false
- 2Rs.23false
- 3Rs.21true
- 4Rs.21.50false
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Answer : 3. "Rs.21 "
Q: Oranges are bought at 7 for Rs. 3. At what rate per hundred must they be sold to gain 33 % ?
1767 05e16f7b1c4b67b290576ae6f
5e16f7b1c4b67b290576ae6f- 1Rs. 56false
- 2Rs. 60false
- 3Rs. 58false
- 4Rs. 57true
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Answer : 4. "Rs. 57"
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:
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5efc6f6dd4461c5b47d6b15c- 1Rs. 37false
- 2Rs.32false
- 3Rs. 29.70false
- 4Rs. 30true
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Answer : 4. "Rs. 30 "
Explanation :
Q: When Vijay sells 12 pens, he gains the selling price of pens. Calculate his % profit?
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5ee05d150cb2490dae74fa27- 115%false
- 220%true
- 318%false
- 412%false
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Answer : 2. "20%"
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?
1718 05fbe732c2e911753dd5631ab
5fbe732c2e911753dd5631ab- 18% gaintrue
- 210% gainfalse
- 37.5 % lossfalse
- 49 % lossfalse
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Answer : 1. "8% gain"
Q: Profit obtained on selling an article for Rs 540 is equal to the loss incurred on selling the article for Rs 370. if selling price is Rs. 910, Then what is the profit percentage?
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5f211ad70fc7110ad91fb995- 150false
- 2100true
- 3false
- 4false
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