Profit and Loss Questions Practice Question and Answer
8 Q: If the profit on selling an article for Rs. 425 is the same as the loss on selling it for Rs. 355, then the cost price of the article is
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5f803b6488aba328edaf3cd0- 1Rs. 390true
- 2Rs. 380false
- 3Rs. 400false
- 4Rs. 440false
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Answer : 1. "Rs. 390"
Explanation :
Q: A shopkeeper marked the price of an article by 40% above cost price and gave discount of Rs. 224. On the final amount, he charged 10% tax. In the whole transaction, he earned Rs. 158.6. Find cost price of the article.
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60408aafb0e8d85dadab7639- 1Rs 750true
- 2Rs 760false
- 3Rs 744false
- 4Rs 757false
- 5Rs 748false
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Answer : 1. "Rs 750"
Q: Due to increase in the value of eggs by 20 percent, two eggs started getting less at Rs. 24. The current price per dozen of eggs.
1531 05f76cedcf66ef56de858d438
5f76cedcf66ef56de858d438- 1Rs.25false
- 2Rs.26.20false
- 3Rs.27.80false
- 4Rs.28.80true
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Answer : 4. "Rs.28.80"
Q: An article is sold at a loss of 40%. The nominal amount of loss is approximately what percentage of the selling price of the article?
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642253fd2b960e1a4180c9bb- 166.67%true
- 238.33%false
- 341.33%false
- 451.33%false
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Answer : 1. "66.67%"
Q: If shopkeeper sold the mobile for Rs.15000 and then he gets some loss. If he sold the same mobile at Rs.19200 and then he gets profit is double of loss. Find the cost price of the mobile?
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63d0c7b35392140e28eeca40- 1Rs.16000false
- 2Rs.18000false
- 3Rs.17500false
- 4None of thesetrue
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Answer : 4. "None of these "
Q: A trade buys 800 kgs of tomatoes for Rs 7200. 10% tomatoes are damaged in transportation. At what rate (Rs / kg) should he sell the rest earn 30 % profit?
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5f0ecea3f4c8bf4bad02134a- 110false
- 212false
- 39false
- 413true
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Answer : 4. "13 "
Q: The profit percentage of P and Q is same on selling the articles at Rs. 1800 each but A calculates his profit on the selling price while Q calculates it correctly on the cost price which is equal to 20%. What is the difference in their profits?
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5e84392241a4013349c16e43- 140false
- 250false
- 360true
- 470false
- 5None of thesefalse
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Answer : 3. "60"
Q: An article was sold for Rs.4000. Had a discount of 10% was being offered, the profit would have been 20%. The cost price of the article was:
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60c09b39c197293a48275231- 1Rs.3000true
- 2Rs.3600false
- 3Rs. 3200false
- 4Rs. 3310false
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