Profit and Loss Practice Question and Answer
8 Q: By selling 25 m of cloth a man gains the selling price of 5 m of cloth. Find the gain percent?
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5ec71f119d324637e76c0591- 125 %true
- 220 %false
- 330 %false
- 422 %false
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Answer : 1. "25 %"
Q: A shopkeeper sold sarees at Rs. 266 each after giving 5 % discount on labelled price. Had he not given the discount, he would have earned a profit of 12 % on the cost price. What was the cost price of each saree?
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5efd3996196e681f76ec5b0b- 1Rs. 240false
- 2Rs. 250true
- 3Rs. 280false
- 4Rs. 260false
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Answer : 2. "Rs. 250 "
Q: Vishal sells a bag at a profit of 40%. If Vishal's profit is ₹880, then what is the cost price of the bag?
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6426da015bff3d098d16cf64- 1₹ 2,000false
- 2₹ 2,450false
- 3₹ 1,900false
- 4₹ 2,200true
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Answer : 4. "₹ 2,200"
Q: Ram sold an article for Rs 380 at some profit. Had he sold it for Rs 300, then there would have been a loss equal to one-third at the initial point. What was the cost price of the article?
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602e419d6d461f6639881a26- 1320true
- 2350false
- 3420false
- 4450false
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Answer : 1. "320 "
Q: Pooja wants to sell a watch at a profit of 20%. She bought it at 10% less and sold it at ₹ 30 less, but still she gained 20%. The cost price of watch is
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6246d7b0398e4a497b442a72- 1₹ 250true
- 2₹ 225false
- 3₹ 240false
- 4₹ 220false
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Answer : 1. "₹ 250 "
Explanation :

Q: Two things were sold at same sale-price. One thing got 10% profit and another suffered 10% loss. The difference of their purchase price will be in multiple of which number.Tell_____.
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6337237393021d4ee41cc654- 110false
- 220true
- 315false
- 425false
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Answer : 2. "20"
Q: Bananas are bought at 3 for Rs. 2 and sold at 5 for Rs. 4. Find the gain or loss percent.
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601905a2552e5f41f7ac408d- 125%false
- 220%true
- 330%false
- 415%false
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Answer : 2. "20% "
Q: An article is sold for Rs 4,777 after giving a discount of 15%. What is the marked price of the article?
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6116270c9c8721103cad168d- 15495false
- 25420false
- 35620true
- 45348false
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