Profit and Loss Questions Practice Question and Answer
8 Q: Remi earns a profit of 20% on selling an article at a certain price. If she sells the articles for ₹8 more, she will gain 30%. What is the original cost price of 16 such articles?
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64b90cd3e2108a723934c7eb- 1₹1,152false
- 2₹1,120false
- 3₹1,280true
- 4₹1,200false
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Answer : 3. "₹1,280"
Q: A merchant marked the price of an article by incresing its pro- duction cost by 40% .Now he al- lows 20% discount and gets a profit of Rs. 48 after selling it. The production cost is
853 06400bc3335d86258eccfa256
6400bc3335d86258eccfa256- 1Rs. 320false
- 2Rs. 360false
- 3Rs. 400true
- 4Rs 440false
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Answer : 3. "Rs. 400 "
Q: A trader sells an article at 16% below its cost price. Had he sold it for ₹192.20 more, he would have gained 15%. The cost price (in ₹) of the article is:
836 06489bb4ef4063d472f4b2f0e
6489bb4ef4063d472f4b2f0e- 1620true
- 2680false
- 3720false
- 4640false
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Answer : 1. "620 "
Q: The selling price and the cost price of an article are ₹6,000 and ₹5,000, respectively. What is the profit percentage?
827 0643d1a2219f0af16e38ba3d3
643d1a2219f0af16e38ba3d3- 125%false
- 210%false
- 320%true
- 415%false
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Answer : 3. "20%"
Q: A fan is listed at ₹ 150 and a discount of 20% is given. Then the selling price is
822 06246cec8e6c50b4b29b7fe44
6246cec8e6c50b4b29b7fe44- 1₹ 120true
- 2₹ 110false
- 3₹ 180false
- 4₹ 150false
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Answer : 1. "₹ 120 "
Explanation :

Q: The ratio of the cost price and selling price of an article is 10 : 11. The gain per cent is:
807 0647f343362f8ada0354d5241
647f343362f8ada0354d5241- 15%false
- 215%false
- 310%true
- 48%false
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Answer : 3. "10%"
Q: Total cost of A pens and (A-2) pencils is Rs 424. If one pencil and one pen costs Rs 4 and Rs 20 respectively then find A?
803 0630de4ad7c72c077845c2f8d
630de4ad7c72c077845c2f8d- 116false
- 218true
- 315false
- 420false
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Answer : 2. "18"
Q: The marked price of an article is 30% higher than the cost price. If a trader sells the articles allowing 10% discount to customer, then the gain per- cent will be
803 06400bbe0cbcfaac053000555
6400bbe0cbcfaac053000555- 117 %true
- 220 %false
- 319 %false
- 415 %false
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