Profit and Loss Practice Question and Answer
8 Q: Arun purchased 30 kg. of rice at the rate of Rs. 17.50 per kg. and another Rs. 30 kg. at a certain rate. He mixed the two and sold the entire quantity at the rate Rs. 18.60 per kg. and made 20% overall profit. At what price per kg. did he pruchase the lot of another 30 kg. rice?
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605a967b281aeb2a4f44a211- 1Rs.11.50false
- 2Rs.12.00false
- 3Rs.14.50false
- 4Rs.13.50true
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Answer : 4. "Rs.13.50"
Q: A man sells two chairs at Rs. 120 each and by doing so he gains 25% on one chair and loses 25% on the other. His loss on the whole in Rs.is
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5f6d8bdfff25c92a085a9596- 120false
- 216true
- 325false
- 430false
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Answer : 2. "16"
Q: If a manufacturer gains 10 percent, wholesaler 15 percent and retailer 25 percent, then the production cost of an article, whose retail price is Rs. 1,265, is
1399 05efc71058e73c352771d9cd7
5efc71058e73c352771d9cd7- 1Rs. 800true
- 2Rs. 900false
- 3Rs. 700false
- 4Rs. 750false
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Answer : 1. "Rs. 800 "
Q: While selling an article for Rs 18450, a person suffered a loss of 50%. At what price he should have sold the article (in Rs) to earn a profit of 50%?
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5f3f8e269ab97f7febf641f0- 113837false
- 252000false
- 356775false
- 455350true
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Answer : 4. "55350"
Q: A trader purchased a gift box for Rs. 150. What should be the marked price on the gift box so that after allowing a discount of 10 %, he makes a profit of 10 %?
1394 05dd37b4cbfcbc45cddedd7e2
5dd37b4cbfcbc45cddedd7e2- 1Rs . 180false
- 2Rs . 183.3true
- 3Rs . 186.6false
- 4Rs . 190false
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Answer : 2. "Rs . 183.3 "
Q: A trader makes a profit equal to the selling price of 75 articles when he sold 100 of the articles . What % profit did he make in the transaction?
1383 060f7d47d3ca0726dff34f56c
60f7d47d3ca0726dff34f56c- 1300%true
- 2150%false
- 333.33%false
- 475%false
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Answer : 1. "300% "
Q: An article is sold at 5 % profit. The ratio of selling price and cost price will be
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5dcb8a4385d84c59cfbb8aaf- 11 : 5false
- 220 : 21false
- 321 : 20true
- 45 : 1false
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Answer : 3. "21 : 20 "
Q: What would be the printed price of a wallclock purchased at ₹380, so that after giving 5 % discount, there is 25 % profit?
1375 05e6b83310b8b1e6afc293a77
5e6b83310b8b1e6afc293a77- 1₹ 500true
- 2₹ 600false
- 3₹ 400false
- 4₹ 450false
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