Profit and Loss Practice Question and Answer
8 Q: The difference between the selling prices of an article at a profit of 15% and at a profit of 10% is Rs.10. The cost price of the article is -
1136 060361d00a0666c3c85056f10
60361d00a0666c3c85056f10- 1Rs.150false
- 2Rs.200true
- 3Rs.100false
- 4Rs.120false
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Answer : 2. "Rs.200"
Q: On selling an article for Rs.240, a trader loss of 10%.In order to gain 10%, he must sell that article for -
1132 06024eaee835ee17373904d25
6024eaee835ee17373904d25- 1Rs.267.50false
- 2Rs.290.80false
- 3Rs.293.32true
- 4Rs.296.84false
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Answer : 3. "Rs.293.32"
Q: A drug dealer sells a tablet for 5 rupees. If he buys a tablet packet for Rs 50 and if a tablet packet contains 25 tablets, what will be his profit percentage?
1130 05f3f990c03c6925a59d3e2b4
5f3f990c03c6925a59d3e2b4- 1100%false
- 2150%true
- 350 %false
- 4200%false
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Answer : 2. "150%"
Q: The price of jewelry , passing through three hands. rises on the whole by 65 %. If the first and the second sellers earned 20 % and 25 % profit respectively, the profit earned by the third seller is
1130 05efc6bffeb90be58c590074b
5efc6bffeb90be58c590074b- 110%true
- 25%false
- 320%false
- 415%false
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Answer : 1. "10% "
Q: A man purchased a bedsheet for₹ 450 and sold it at a gain of 10% calculated on the selling price. The selling price of the bedsheet was
1128 06246cb1d9809e154c705035f
6246cb1d9809e154c705035f- 1₹ 480false
- 2₹500true
- 3₹ 460false
- 4₹ 475false
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Answer : 2. "₹500"
Explanation :

Q: By selling 25 m of cloth a man gains the selling price of 5 m of cloth. Find the gain percent?
1117 05ec71f119d324637e76c0591
5ec71f119d324637e76c0591- 125 %true
- 220 %false
- 330 %false
- 422 %false
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Answer : 1. "25 %"
Q: Cost price of 25 chairs equals the selling price of 20 chairs. Find the profit %.
1107 06078143263b9781494e3faaa
6078143263b9781494e3faaa- 120%false
- 233%false
- 325%true
- 412.5%false
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Answer : 3. "25%"
Q: Bananas are bought at 3 for Rs. 2 and sold at 5 for Rs. 4. Find the gain or loss percent.
1100 0601905a2552e5f41f7ac408d
601905a2552e5f41f7ac408d- 125%false
- 220%true
- 330%false
- 415%false
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