Profit and Loss Questions Practice Question and Answer
8 Q: A shopkeeper bought 25 kg. of pulses at the rate of Rs. 54 kg. He sold forty percent of the total quantity at the rate of Rs. 50 per kg. at what price per kg should he sell the approximately quantity to make 25% overall profit ?
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Answer : 1. "79"
Q: The cost of a new scooter is Rs 25000, at the end of each year its value becomes 80% of the starting price of that year, what will be the cost of the scooter after 3 years?
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Answer : 2. "12800"
Q: The marked price of an article is Rs.800. A retailer buys it for Rs.540 after getting two successive discounts. The first discount is 25 %. What is the second discount?
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Answer : 3. "10 %"
Q: By selling an article at 2/3 of the Marked price, there is a loss of 10%. The profit percent when the article is sold at the Marked prices
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Answer : 3. "35%"
Q: A man sold a watch at a loss of 5%. If he would have sold it for Rs. 27 more, he would have gained 7%. The cost price of the watch is -
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609a63ad8ea85b2491016d43- 1Rs. 325false
- 2Rs. 225true
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- 4Rs. 375false
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Answer : 2. "Rs. 225"
Q: A shopkeeper wants to make a profit of 20% on an article after selling it, while he gives a cash discount of 20%. Further allows 4 more articles for free after purchase of one dozen articles to his premium customer. How much per cent above the cost price he must mark his article?
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Answer : 5. "100%"
Q: If Arun purchases 11 articles for Rs.10 and sold all the articles at the rate of 10 for Rs.11, the profit percentage will be.
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Answer : 1. "21% "
Q: The cost price of a radio is₹ 600. The 5% of the cost price is charged towards transportation. After adding that, if the net profit to be made is 15%, then the selling price of the radio must be
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6246d018e6c50b4b29b8032f- 1₹ 704.50false
- 2₹ 724.50true
- 3₹ 664.50false
- 4₹ 684.50false
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Answer : 2. "₹ 724.50 "
Explanation :


