Profit and Loss Questions Practice Question and Answer
8 Q: A person bought some articles at the rate of 5 per rupee and the same number at the rate of 4 per rupee. He mixed both the types and sold at the rate of 9 for 2 rupees. In this business he suffered a loss of Rs. 3. The total number of articles bought by him was
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5efc6f0f196e681f76eace0e- 1540false
- 2545false
- 31090false
- 41080true
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Answer : 4. "1080 "
Q: What is the discount rate of a gift whose selling price is Rs. 420 after a reduction of Rs. 60 on its marked price ?
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5e3252331f73627362281714- 110.5false
- 212.5true
- 314.5false
- 413.5false
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Answer : 2. "12.5"
Q: The cost price of 60 articles is same as the selling price of x articles. If there is a profit of 20%, then what is the value of x?
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5f3f8f6d03c6925a59d346d4- 115false
- 250true
- 330false
- 480false
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Answer : 2. "50"
Q: An article is sold at 5 % profit. The ratio of selling price and cost price will be
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5dcb8a4385d84c59cfbb8aaf- 11 : 5false
- 220 : 21false
- 321 : 20true
- 45 : 1false
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Answer : 3. "21 : 20 "
Q: The price of 6 pencils is Rs. 30 and that of 12 pens is Rs. 120. What is the average price of 50 pencils and 50 pens?
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5f9a9ce13149fe41bd5f7c05- 1Rs. 6.75false
- 2Rs. 7.5true
- 3Rs. 5false
- 4Rs. 5.75false
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Answer : 2. "Rs. 7.5 "
Q: A man sold 18 cots for Rs.16800, gaining there by the cost price of 3 cots. The cost price of a cot is
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5ec5f4ea977d8b0224abe838- 1Rs.600false
- 2Rs.800true
- 3Rs.900false
- 4Rs.1000false
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Answer : 2. "Rs.800 "
Q:Directions: Study the information given below and answer the questions that follow.
An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
What was the marked price of the article?
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5df0b4e6004abe5c78f74f21An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
- 1Rs 6207false
- 2Rs 6242false
- 3Rs 6292false
- 4Rs 6192false
- 5Rs 6272true
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Answer : 5. "Rs 6272"
Q: Kuldeep sells an article for ₹ 3240 and earns a profit of 20%. What is the cost price of the article?
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603363b0ed952b1532dcf426- 1₹ 2750false
- 2₹ 2700true
- 3₹ 2800false
- 4₹ 2820false
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