Profit and Loss Questions Practice Question and Answer
8 Q: If the cost price of 28 items is equal to the selling price of 21 items, what is the profit percentage?
1246 05fb39a0fcb95815ec70d6877
5fb39a0fcb95815ec70d6877- 112 %false
- 2$$ {33{1\over 3}}\%$$true
- 320 %false
- 422 %false
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Answer : 2. "$$ {33{1\over 3}}\%$$"
Q: Anil bought two articles A and B at a total cost of ₹ 10,000. He sold the article A at 15% profit and the actacle B at 10% loss. In the whole deal, be made no profit or no loss. Find the selling price of the article A.
1246 064ccda74b6a5e472e27fbd48
64ccda74b6a5e472e27fbd48- 1₹4,500false
- 2₹5,400false
- 3₹4,600true
- 4₹4,200false
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Answer : 3. "₹4,600"
Q: If apples are bought at the rate of 30 for a rupee. How many apples must be sold for a rupee to gain 20%?
1245 060acc670d752621d4f9c7739
60acc670d752621d4f9c7739- 120false
- 222false
- 328false
- 425true
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Answer : 4. "25 "
Q: The cost price of 27 articles is same as the selling price of 18 articles. What is the profit percent? 1242 060bf560ac40f0c12f4b8e2f5
60bf560ac40f0c12f4b8e2f5- 140%false
- 230%false
- 350%true
- 425%false
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Answer : 3. "50%"
Q: A man gain 15% by selling a calculator for a certain price. If he sells it at the triple price, then what will be the profit percentage?
1237 05ff9af6e576a027ccbddd47a
5ff9af6e576a027ccbddd47a- 1125false
- 2175false
- 3225false
- 4245true
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Answer : 4. "245"
Q: A & B jointly made a profit of Rs. 1650 and they decided to share it such that 1/3 of A's profit is equal to 2/5 of B's profit. Then profit of B is
1235 05efd50957228dd6b06e2c927
5efd50957228dd6b06e2c927- 1Rs. 850false
- 2Rs. 800false
- 3Rs. 700false
- 4Rs. 750true
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Answer : 4. "Rs. 750"
Q: Krishnan bought a camera and paid 20% less than its original price. He sold it at 40% profit on the price he had paid. The percentage of profit earned by Krishnan on the original price was
1234 06246ca90e6c50b4b29b7ed1d
6246ca90e6c50b4b29b7ed1d- 112%true
- 215%false
- 322%false
- 432%false
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Answer : 1. "12% "
Explanation :

Q: By what fraction selling price ( S.P. ) must be multiplied to get the cost price ( C.P. ) if the loss is 20%?
1230 05efd51677228dd6b06e2c96e
5efd51677228dd6b06e2c96e- 1$${5\over4}$$true
- 2$${6\over5}$$false
- 3$${4\over5}$$false
- 4$${8\over5}$$false
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