Profit and Loss Practice Question and Answer
8 Q: Two - third of a consignment was sold at a profit of 5% and the remaining at a loss of 2 %. If the total profit was Rs. 400. then the value of the consignment was
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5efc7750eb90be58c5903259- 1Rs . 16,000false
- 2Rs . 16,500false
- 3Rs . 15,000true
- 4Rs . 15,500false
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Answer : 3. "Rs . 15,000 "
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_____.
1065 06337237393021d4ee41cc654
6337237393021d4ee41cc654- 110false
- 220true
- 315false
- 425false
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Answer : 2. "20"
Q: A cloth merchant on selling 33 metres of cloth obtains a profit equal to the selling price of 11 metres of cloth , the profit is
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5ef40c82d40ebf3f783309f0- 150%true
- 211%false
- 340%false
- 422%false
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Answer : 1. "50% "
Q: When a mobile is sold at 6 percent profit, it gets Rs. 870 more than it is sold at 6 percent loss. So what is the purchase price of mobile?
1061 05f97f2cef6ce7f2367fdf82c
5f97f2cef6ce7f2367fdf82c- 17250true
- 27266false
- 37217false
- 47243false
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Answer : 1. "7250"
Q: If a trader finds out that his profit is equal to 20 percent of the selling price, then his actual profit is.
1050 060373ef89d90e74af72ad62e
60373ef89d90e74af72ad62e- 120 %false
- 222 %false
- 325 %true
- 430 %false
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Answer : 3. "25 %"
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
1048 06246d7b0398e4a497b442a72
6246d7b0398e4a497b442a72- 1₹ 250true
- 2₹ 225false
- 3₹ 240false
- 4₹ 220false
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Answer : 1. "₹ 250 "
Explanation :

Q: An item costing Rs. 840 was sold by a shopkeeper at a gain of 10 % and it was again sold by the new buyer at a loss of 5 %. Find selling price of the item is:
1045 05f294337921df80828929510
5f294337921df80828929510- 1Rs. 924false
- 2Rs. 37.80false
- 3Rs. 877.80true
- 4Rs.798false
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Answer : 3. "Rs. 877.80 "
Q: Vivek buys 3 shirts at an average price of Rs. 1250. If he buys 2 more shirts at an average price of Rs. 1450. What will be the average price (in Rs.) of all the 5 shirts he buys?
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5f2a7212cef453383f1e6111- 11350false
- 21390false
- 31330true
- 41310false
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