Profit and Loss Practice Question and Answer
8 Q: A & B jointly made a profit of Rs. 1650 and they decided to share it such that 1/3 of A's profit is equal to 2/5 of B's profit. Then profit of B is
1235 05efd50957228dd6b06e2c927
5efd50957228dd6b06e2c927- 1Rs. 850false
- 2Rs. 800false
- 3Rs. 700false
- 4Rs. 750true
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Answer : 4. "Rs. 750"
Q: Krishnan bought a camera and paid 20% less than its original price. He sold it at 40% profit on the price he had paid. The percentage of profit earned by Krishnan on the original price was
1234 06246ca90e6c50b4b29b7ed1d
6246ca90e6c50b4b29b7ed1d- 112%true
- 215%false
- 322%false
- 432%false
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Answer : 1. "12% "
Explanation :

Q: By what fraction selling price ( S.P. ) must be multiplied to get the cost price ( C.P. ) if the loss is 20%?
1230 05efd51677228dd6b06e2c96e
5efd51677228dd6b06e2c96e- 1$${5\over4}$$true
- 2$${6\over5}$$false
- 3$${4\over5}$$false
- 4$${8\over5}$$false
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Answer : 1. " $${5\over4}$$"
Q: A watch is sold at a profit of 25%. Had it been sold for Rs.120 less then, there would have been a less then of 15%. What is the cost price in rupees?
1227 0648186e051bf19475306ca57
648186e051bf19475306ca57- 1Rs.400false
- 2Rs.350false
- 3Rs.200false
- 4Rs.300true
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Answer : 4. "Rs.300"
Q: Aparna changes the marked price of an item to 50% above its C.P. What % of discount allowed in approximately to gain 10%?
1226 0606d8013556643278a7a55a4
606d8013556643278a7a55a4- 127%true
- 225%false
- 335%false
- 437%false
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Answer : 1. "27%"
Q:Direction: A shopkeeper has some kg. rice of same price. He sold 150 kg. rice at 25 Rs. per kg. and earned a profit of 25%, another 180 kg. rice is sold at a profit of 20% and rest are sold at a loss of 10%. If the shopkeeper earns Rs. 1230 profit on all the rice that he has sold then answers the following question:
Find the quantity of those rice that are sold at a loss of 10%.
1223 05eb112b95e1730730e791d20
5eb112b95e1730730e791d20- 1110 kg.false
- 2125 kg.false
- 3150 kg.false
- 4120 kg.true
- 5115 kg.false
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Answer : 4. "120 kg."
Q: If Manoj buys 324 toffees for Rs 486, then how many toffees should he sell for Rs 90 to make 50% profit?
1222 0632861564ada076be650f6c0
632861564ada076be650f6c0- 140true
- 255false
- 360false
- 445false
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Answer : 1. "40"
Q: A mobile plan costs Rs. 32 for 6 minutes. What is the approximate cost, in rupees, for 4 minutes?
1220 0606c3d6ff306525d8e18968d
606c3d6ff306525d8e18968d- 121.30true
- 221.20false
- 321.50false
- 421.40false
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