Profit and Loss Practice Question and Answer
8 Q: Arun bought an old computer and spent ₹110 on its repairs. He then sold it to Bhola at a profit of 20%. Bhola sold it to Chandan at a loss of 10%. Chandan finally sold it for ₹1,188 at a profit of 10%. How much did Arun buy the computer for?
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6413144d67ad957a977a8e65- 1₹890true
- 2₹640false
- 3₹750false
- 4₹1,050false
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Answer : 1. "₹890"
Q:Directions: Study the information given below and answer the questions that follow.
An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
What was the marked price of the article?
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5df0b4e6004abe5c78f74f21An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
- 1Rs 6207false
- 2Rs 6242false
- 3Rs 6292false
- 4Rs 6192false
- 5Rs 6272true
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Answer : 5. "Rs 6272"
Q: A scooter was purchased for Rs 30,000 and Rs 3,000 was spent to repair it. It was sold for Rs 39,600. What was the profit percentage?
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5f6d86d1f9079a64e3bed9f3- 115false
- 220true
- 325false
- 410false
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Answer : 2. "20"
Q: Sarita started a boutique investing an amount of 50,000. Six months later Neeta joined her with an amount of 80,000. At the end of one year they earned a profit of 18,000. What is the Sarita’s share in the profit?
1420 0605c58b03af5ff63fd6b47eb
605c58b03af5ff63fd6b47eb- 19000false
- 28000false
- 312000false
- 410000true
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Answer : 4. "10000"
Q: A shopkeeper allows 25% discount on his advertised price and to make a profit 25% on his outlay. What is the advertised price (in Rs.) on which he gains Rs. 6000?
1418 05f803b0be8f8143228973ff3
5f803b0be8f8143228973ff3- 136000false
- 245000false
- 339000false
- 440000true
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Answer : 4. "40000"
Q: A person bought some articles at the rate of 5 per rupee and the same number at the rate of 4 per rupee. He mixed both the types and sold at the rate of 9 for 2 rupees. In this business he suffered a loss of Rs. 3. The total number of articles bought by him was
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5efc6f0f196e681f76eace0e- 1540false
- 2545false
- 31090false
- 41080true
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Answer : 4. "1080 "
Q: Raghu sold an article for Rs. 180 after allowing a 20% discount on its marked price. Had he not allowed any discount, he would have gained 20%. What is the cost price of the article?
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5fbf7d5290530f6255a1b994- 1187.50true
- 2192.80false
- 3188.60false
- 4190.40false
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Answer : 1. "187.50"
Q: A shopkeeper bought goods for Rs. 2025. He sold $$ {1\over 5}$$ th of it at 20% profit and the remaining at the profit of 5%, the profit per cent on the whole is
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5feda2d5d6478d501619b9f4- 16%false
- 27%false
- 36.5%false
- 48%true
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