Profit and Loss Questions Practice Question and Answer
8 Q: A shopkeeper by selling 13 Titan watches, earns a profit equal to the selling price of 3 Titan watches. His profit percentage is
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5f0e77d5f4c8bf4bad00388d- 116 %false
- 223.0 %false
- 346 %false
- 430 %true
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Answer : 4. "30 % "
Q: Mr. Kiran sold a bus for Rs.18,700 at a loss of 15 %. At what price should the bus be sold to get a profit of 15 %?
1212 0606c2fb86a85553684dde0c1
606c2fb86a85553684dde0c1- 1Rs.25,300true
- 2Rs. 25,523false
- 3Rs. 25,522false
- 4Rs. 25, 521false
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Answer : 1. "Rs.25,300"
Q: By selling 100 pencils, a shopkeeper gains the selling price of 20 pencils, His gain percent is:
1207 05feeebc51f464d74015a0051
5feeebc51f464d74015a0051- 120%false
- 225%true
- 315%false
- 412%false
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Answer : 2. "25%"
Q: The cost price of 20 articles is the same as the selling price of x articles. If there is 25% gain, then the value of x
1207 1608fc80c8ab6116292311554
608fc80c8ab6116292311554- 115false
- 216true
- 318false
- 425false
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Answer : 2. "16"
Q: Cost price of 25 chairs equals the selling price of 20 chairs. Find the profit %.
1202 06078143263b9781494e3faaa
6078143263b9781494e3faaa- 120%false
- 233%false
- 325%true
- 412.5%false
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Answer : 3. "25%"
Q: A drug dealer sells a tablet for 5 rupees. If he buys a tablet packet for Rs 50 and if a tablet packet contains 25 tablets, what will be his profit percentage?
1201 05f3f990c03c6925a59d3e2b4
5f3f990c03c6925a59d3e2b4- 1100%false
- 2150%true
- 350 %false
- 4200%false
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Answer : 2. "150%"
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 percent profit on the transaction?
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5df0b5840183ea49d62ac0e3An 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.
- 16.8%false
- 26.3%false
- 36.4 %true
- 46.6 %false
- 56.2%false
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Answer : 3. "6.4 %"
Q: A merchant fixes the sale price of his goods at 15 % above the cost price. He sells his goods at 12 % less than the fixed price. His percentage of profit is:
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5efc6ebeeb90be58c5901730- 1$$1{1\over5}$$true
- 2$$2{1\over5}$$false
- 3$$2{1\over2}$$false
- 42false
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