Profit and Loss Questions Practice Question and Answer
8 Q: A cloth merchant on selling 33 metres of cloth obtain a profit equal to the selling price of 11 metre of cloth the profit is
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- 222%false
- 350%true
- 411%false
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Answer : 3. "50%"
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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6319af742d4ba278b66e2a82- 112000false
- 212800true
- 310000false
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Answer : 2. "12800"
Q: When a shopkeeper sells an item for Rs 230, he loses 20 percent. If he sells the item for Rs. 339.5, what percentage of profit will he make?
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5f9be1b13dfc3659c697960e- 118true
- 212false
- 320false
- 415false
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Answer : 1. "18"
Q: By selling an article for ₹72, there is a loss of 10%. At what price it should be sell to gain 10% profit?
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639c9287c7eb1b240b5fcd1e- 1₹85false
- 2₹88true
- 3₹80false
- 4₹90false
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Answer : 2. "₹88"
Q: Nisha bought a number of oranges at 2 for a rupee and an equal number at 3 for a rupee. To make a profit of 20% she should sell a dozen for
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6246d641a008a64dd39f1525- 1₹ 10false
- 2₹ 12false
- 3₹ 6true
- 4₹ 8false
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Answer : 3. "₹ 6 "
Explanation :
Q: If books bought at prices from ₹150 to ₹ 300 are sold at prices ranging from ₹ 250 to ₹350, what is the greatest possible profit that might be made in selling 15 books ?
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6246d5ad398e4a497b4421d3- 1₹ 750false
- 2₹ 4,250false
- 3₹ 3,000true
- 4Cannot be determinedfalse
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Answer : 3. "₹ 3,000"
Explanation :
Q: A trader marks his goods at 20% above cost price. If he allows a discount of 5% what is his final profit%?
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6078156d63b9781494e3fd85- 112%false
- 214%true
- 315%false
- 418%false
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Answer : 2. "14%"
Q: A woman buys a watch for Rs. 4,000 and sells it at a loss of 13%. What is the selling price of the watch?
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644faa52f3618908bf548c23- 1Rs.3,480true
- 2Rs.3,500false
- 3Rs.3,840false
- 4Rs.3,620false
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