Profit and Loss Questions Practice Question and Answer
8 Q: A fan is sold for ₹1,560 at a profit of 30%. If its selling price is ₹960, then what will be the loss percentage?
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Answer : 2. "20% "
Q: Jack sold a dress for Rs.1440 and made a profit of 20%. What was its cost?
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Answer : 3. "1200 "
Q: A trader bought 10 kg of apples for Rs. 405 out of which 1 kg of apples were found to be rotten. If he wishes to make a profit of 10 % at what rate should he sell the remaining apples per kg?
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Answer : 1. " 49.5 "
Q: P purchase an item for Rs 1200 and sold it on a profit of 10%. If he sells it at Rs 1380 then calculate his increase in profit percentage.
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Answer : 1. "5% "
Q: If the ratio of selling price and cost price is 4:5 respectively, then what is the loss percentage?
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Answer : 4. "20"
Q: Priya purchased two mixers for Rs.1500 and made a profit of 9% on one and loss of 6% on the other. But overall there is no profit or loss, then cost price of mixture are in the ratio?
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Answer : 2. "2 : 3"
Q: The price of 6 pencils is Rs. 30 and that of 12 pens is Rs. 120. What is the average price of 50 pencils and 50 pens?
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Answer : 2. "7.5"
Q: A man buys a machine for Rs.5,000. After one year, he sells it for Rs.6000. After two years, again he buys the same machine at Rs.8,000 and sells it for Rs.10,000. Find his overall profit percentage for both the transactions.
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