Profit and Loss Questions Practice Question and Answer
8Q: On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is ? 2347 05b5cc74fe4d2b4197774fb3a
5b5cc74fe4d2b4197774fb3a- 1Rs. 55false
- 2Rs. 60true
- 3Rs. 65false
- 4Rs. 70false
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Answer : 2. "Rs. 60"
Explanation :
Answer: B) Rs. 60 Explanation: Let the cost price of a ball is Rs.xGiven, on selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 ballsThe equation is :17x - 720 = 5xSolving the equation we get x = 60Therefore, cost price of a ball is Rs. 60.
Q: The retail price of a water geyser is 1265. If the manufacturer gains 10 %, the wholesale dealer gains 15 % and the retailer gains 25 % , then the cost of the product is –
2346 0600e8ccd59b22a1f1cdd8aea
600e8ccd59b22a1f1cdd8aea- 1₹ 800true
- 2₹ 900false
- 3₹ 700false
- 4₹ 600false
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Answer : 1. "₹ 800 "
Q: A cloth merchant sold half of his cloth at 20 % profit, half of the remaining cloth at 20 % loss and the rest was sold at its cost price. In the total transaction, his gain or loss will be
2344 05d8c92eb83050426e7abfd4d
5d8c92eb83050426e7abfd4d- 15% profittrue
- 2Neither loss nor gainfalse
- 35% lossfalse
- 410%false
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Answer : 1. "5% profit "
Q: A shopkeeper earns a profit of shopkeeper earns a profit of 25% after giving a discount of 20%. Find the ratio between the cost price and the marked price. 2322 15d134055d2441c3c5ff90aa4
5d134055d2441c3c5ff90aa4- 125:16false
- 216:25true
- 316:27false
- 427:10false
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Answer : 2. "16:25"
Q: What should be % increased the Marked price so that even after allowing 10% discount one get the profit of 26%? 2267 05d133e2fd2441c3c5ff90a46
5d133e2fd2441c3c5ff90a46- 120%false
- 250%false
- 360%false
- 440%true
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Answer : 4. "40%"
Q: A shopkeeper earns a profit equal to the cost price of 15 meter by selling 45 meter cloth. Find the profit percent? 2261 05d13365fd2441c3c5ff90a30
5d13365fd2441c3c5ff90a30- 133%false
- 230%false
- 3$$ 33 {1 \over 3} $$true
- 455%false
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Answer : 3. "$$ 33 {1 \over 3} $$"
Q: A shopkeeper sold an item at a profit of 20 %. If he reduces the price of the item by Rs. 900, he incurs a loss of 10 %. What is the cost price of the item?
2258 062f38b523342ab118439cab1
62f38b523342ab118439cab1- 1Rs. 4900false
- 2Rs. 4200false
- 3Rs. 3500false
- 4Rs. 3000true
- 5None of thesefalse
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Answer : 4. "Rs. 3000"
Q: Jack sold a dress for Rs.1440 and made a profit of 20%. What was its cost?
2211 05eb50b18a201e2350c47eea3
5eb50b18a201e2350c47eea3- 11152false
- 21240false
- 31200true
- 41180false
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