Profit and Loss Practice Question and Answer
8 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:
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5f294337921df80828929510- 1Rs. 924false
- 2Rs. 37.80false
- 3Rs. 877.80true
- 4Rs.798false
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Answer : 3. "Rs. 877.80 "
Q: Medha sells her bag for ₹ 300 and loses ₹ 60. At what price must she sell the article to gain 15%?
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608666a29229540f6fa156fc- 1146false
- 2172false
- 3414true
- 4516false
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Answer : 3. "414"
Q: The cash difference between the selling price of an article at a profit of 8 % and 12 % is Rs 3. The ratio of two selling prices is:
1042 0606afedbc476de27c7addbc2
606afedbc476de27c7addbc2- 127 : 31false
- 227 : 28true
- 327 : 29false
- 429 : 31false
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Answer : 2. "27 : 28"
Q: An article is sold at a gain of 16%. If it had been sold for Rs.400 more, 20% would have been gained. The cost price of the article is
1040 060892370fd171c780883aa5e
60892370fd171c780883aa5e- 1Rs.8000false
- 2Rs.9000false
- 3Rs.10000true
- 4Rs.12000false
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Answer : 3. "Rs.10000"
Q: A and B invested 1/2 and 1/3 of the total capital respectively, the remaining part C invested. If there is a profit of Rs. 9696 at the end of the year, then what is the profit of B?
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5f9be21ee009b95e73932066- 14848false
- 23232true
- 31616false
- 42424false
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Answer : 2. "3232"
Q: A men sells his cycle at 6% profit. Had he sold it at 15% profit, he would have received 180 Rs. More. What is the cost price of the cycle?
1035 05ef18b8f7fed557ba2ab1daf
5ef18b8f7fed557ba2ab1daf- 1Rs 1000false
- 2Rs 1200false
- 3Rs 1500false
- 4Rs 2000true
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Answer : 4. "Rs 2000"
Q: If a shopkeeper increases the selling price of an article by 10% and gets a profit of 37.5% on its cost price. If he increases the selling price by 25% above on old selling price then he gets a profit of ₹ 225 on his cost price. Find the cost price of the article?
1027 064e7612460749cb6f2eb14b4
64e7612460749cb6f2eb14b4- 1₹ 365false
- 2₹ 320false
- 3₹ 420false
- 4₹ 400true
- 5₹ 510false
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Answer : 4. "₹ 400"
Q: A man sells an article at 5 % above its cost price. If he had bought it at 5 % less than what he had paid for it and sold it at Rs. 2 less, he would have gained 10 %. The cost price of the article is
1017 05efd3b3b7228dd6b06e28a5b
5efd3b3b7228dd6b06e28a5b- 1Rs. 400true
- 2Rs. 100false
- 3Rs. 200false
- 4Rs. 300false
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