Profit and Loss Practice Question and Answer
8 Q: A man bought a chair for ₹580. At what price should he sell the chair so as to gain 25%?
1811 06428210fdcb650c145720e76
6428210fdcb650c145720e76- 1₹1,080false
- 2₹725true
- 3₹590false
- 4₹820false
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Answer : 2. "₹725 "
Q: The cost price of a radio is Rs. 600. The 5% of the cost price is charged towards transportation. After adding that, If net profit to be made is 15%, then the selling price of the radio must be
1808 15efd532ceb90be58c591c03c
5efd532ceb90be58c591c03c- 1Rs. 664.50false
- 2Rs. 684.50false
- 3Rs. 704.50false
- 4Rs. 724.50true
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Answer : 4. "Rs. 724.50 "
Explanation :

Q: A person bought pens at 25 for a rupee and sold at 15 for a rupee. What is his profit percentage?
1804 05f2e52432b354b255006cbff
5f2e52432b354b255006cbff- 1$$66{2\over 3}$$true
- 240false
- 3$$16{2\over 3}$$false
- 4$$33{1\over 3}$$false
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Answer : 1. "$$66{2\over 3}$$"
Q: The profit percentage of P and Q is same on selling the articles at Rs. 1800 each but A calculates his profit on the selling price while Q calculates it correctly on the cost price which is equal to 20%. What is the difference in their profits?
1802 05e84392241a4013349c16e43
5e84392241a4013349c16e43- 140false
- 250false
- 360true
- 470false
- 5None of thesefalse
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Answer : 3. "60"
Q: Cost of 8 pencils, 5 pens and 3 erasers is Rs.111. Cost of 9 pencils, 6 pens and 5 erasers is Rs.130. Cost of 16 pencils, 11 pens and 3 erases is Rs. 221 What is the Cost (in Rs) of 39 pencil , 26 pens and 13 erasers ?
1798 0600939c4a41f3f2fa41e9ee4
600939c4a41f3f2fa41e9ee4- 1316false
- 2624false
- 3546true
- 4482false
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Answer : 3. "546"
Q: A man buys 12 articles for Rs. 12 /- and sells them at the rate of Rs.1.25 per article. His gain percentage is:
1794 05dbab0d733aa9436e0e60d77
5dbab0d733aa9436e0e60d77- 120false
- 225true
- 315false
- 418false
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Answer : 2. "25 "
Q: If a shopkeeper bought 70 kg of potatoes for Rs 420 and sold the entire purchase at the rate of 6.50 per kg, what was his profit percentage?
1787 05fb39f7206649f682b909ba7
5fb39f7206649f682b909ba7- 1$$ {8{1\over 3}\%}$$true
- 2$$ {5{1\over 3}\%}$$false
- 3$$ {8{2\over 3}\%}$$false
- 4$$ {4{1\over 3}\%}$$false
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Answer : 1. "$$ {8{1\over 3}\%}$$"
Q: A trade buys 800 kgs of tomatoes for Rs 7200. 10% tomatoes are damaged in transportation. At what rate (Rs / kg) should he sell the rest earn 30 % profit?
1784 05f0ecea3f4c8bf4bad02134a
5f0ecea3f4c8bf4bad02134a- 110false
- 212false
- 39false
- 413true
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