Profit and Loss Practice Question and Answer
8 Q: Ratio of CP and SP is 12:13, then the profit percent is?
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6019060c6d6bae40a6361ab4- 18.33%true
- 212.5%false
- 37.82%false
- 49.4%false
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Answer : 1. "8.33%"
Q: A man sold 18 cots for Rs.16800, gaining there by the cost price of 3 cots. The cost price of a cot is
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5ec5f4ea977d8b0224abe838- 1Rs.600false
- 2Rs.800true
- 3Rs.900false
- 4Rs.1000false
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Answer : 2. "Rs.800 "
Q: What is the discount rate of a gift whose selling price is Rs. 420 after a reduction of Rs. 60 on its marked price ?
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5e3252331f73627362281714- 110.5false
- 212.5true
- 314.5false
- 413.5false
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Answer : 2. "12.5"
Q: A car worth Rs 30,000 was sold by A to B at 10 % profit. B sold the car back to A at 5 % loss. In the entire transaction.
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5f2cfe55be9f31290fb86bc9- 1A gain Rs 1500false
- 2A loss Rs 1500false
- 3A gain Rs. 1650true
- 4A gain Rs. 1850false
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Answer : 3. "A gain Rs. 1650"
Q: By selling an article for Rs. 700 a man lost 30 %. At what price should he have sold it to gain 30%?
1433 05dcb847345ad6b59c82cf7a7
5dcb847345ad6b59c82cf7a7- 1Rs . 910false
- 2Rs . 1200false
- 3Rs . 1232false
- 4Rs . 1300true
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Answer : 4. "Rs . 1300 "
Q: Vinayak bought an item and sold it at a loss of 5%. If he had bought it for 10% less and sold it for Rs.390 more, he would have had a profit of 20%, find the cost price of item.
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5f2e3ff48c86ab1da0005995- 1Rs. 3300false
- 2Rs. 3600false
- 3Rs. 3200false
- 4Rs. 3000true
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Answer : 4. "Rs. 3000"
Q: The cost price of item B is Rs. 150/- more than the cost price of item A. Item A was sold at a profit of 10% and item B was sold at a loss of 20%. If the respective ratio of selling prices of items A and B is 11 : 12, what is the cost price of item B?
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61cdbab5edcf9307082e58bb- 1Rs. 450/-true
- 2Rs. 420/-false
- 3Rs. 400/-false
- 4Rs. 350/-false
- 5Rs. 480/-false
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Answer : 1. "Rs. 450/-"
Q: A and B invest in a business in the ratio 3:2. If 5% of the total profit goes to charity and A’s share is Rs.855, the total profit is:
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5ee056528c4c964f73d774b5- 1Rs. 1425false
- 2Rs. 1500true
- 3Rs. 1537.50false
- 4Rs.1576false
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