Profit and Loss Questions Practice Question and Answer
8 Q: A shopkeeper allows 25% discount on his advertised price and to make a profit 25% on his outlay. What is the advertised price (in Rs.) on which he gains Rs. 6000?
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5f803b0be8f8143228973ff3- 136000false
- 245000false
- 339000false
- 440000true
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Answer : 4. "40000"
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: A man sells two chairs at Rs. 120 each and by doing so he gains 25% on one chair and loses 25% on the other. His loss on the whole in Rs.is
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5f6d8bdfff25c92a085a9596- 120false
- 216true
- 325false
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Answer : 2. "16"
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: 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: Vinayak bought an item and sold it at a loss of 5%. If he had bought it for 10% less and sold it for Rs.390 more, he would have had a profit of 20%, find the cost price of item.
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5f2e3ff48c86ab1da0005995- 1Rs. 3300false
- 2Rs. 3600false
- 3Rs. 3200false
- 4Rs. 3000true
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Answer : 4. "Rs. 3000"
Q: A shopkeeper bought goods for Rs. 2025. He sold $$ {1\over 5}$$ th of it at 20% profit and the remaining at the profit of 5%, the profit per cent on the whole is
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5feda2d5d6478d501619b9f4- 16%false
- 27%false
- 36.5%false
- 48%true
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Answer : 4. "8%"
Q: Sarita started a boutique investing an amount of 50,000. Six months later Neeta joined her with an amount of 80,000. At the end of one year they earned a profit of 18,000. What is the Sarita’s share in the profit?
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605c58b03af5ff63fd6b47eb- 19000false
- 28000false
- 312000false
- 410000true
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