Profit and Loss Practice Question and Answer
8 Q: A merchant loses 10% by selling an article. If the cost price of the article is ₹ 15, then the selling price of the article is
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6246d6e89809e154c70525c2- 1₹ 12.30false
- 2₹ 13.50true
- 3₹ 13.20false
- 4₹ 16.50false
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Answer : 2. "₹ 13.50"
Explanation :

Q: On selling 17 balls at Rs. 720 there is a loss equal to the cost price of 5 balls. The cost price of a ball is:
1012 05efd39ee7228dd6b06e28838
5efd39ee7228dd6b06e28838- 1Rs. 60true
- 2Rs. 55false
- 3Rs. 45false
- 4Rs. 50false
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Answer : 1. "Rs. 60 "
Q: There would be a 10 % loss. if rice is sold at ₹ 54 per kg. To earn a profit of 20 %, the price of rice per kg will be
1010 05efd3a49196e681f76ec5b83
5efd3a49196e681f76ec5b83- 1₹ 63false
- 2₹ 65false
- 3₹ 72true
- 4₹ 70false
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Answer : 3. "₹ 72 "
Q: The difference between the selling prices of some articles if sold for Rs.12 per article instead of Rs.9 per article is Rs.150. If the sold price of these articles is Rs.250 then find the selling price of 21 articles if profit earned is 20%.
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5ffc2ce71299b845c330a882- 1Rs.130false
- 2Rs. 126true
- 3Rs. 136false
- 4Rs. 125false
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Answer : 2. "Rs. 126"
Q: Radhe buys two TVs at the same cost price, one of them is sold at $$11 {1\over 9}\% $$ profit and the other at $$14{2\over 7}\% $$ profit, then the difference between their selling price is Rs $${200\over 7}$$. Find the cost price of the TV.
1008 0607ec77ffe4134683660af29
607ec77ffe4134683660af29- 1रु 900false
- 2रु 650false
- 3रु 700true
- 4रु 800false
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Answer : 3. "रु 700 "
Q: If the ratio of cost price and selling price is 5 : 4, then the loss percentage is-
1002 1617a3e034e71ee22ddb61aac
617a3e034e71ee22ddb61aac- 120 %true
- 225 %false
- 340 %false
- 450 %false
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Answer : 1. "20 % "
Q: If a seller bought an item for Rs. 900 and determined the mark price in such a way that after giving 10 percent discount, he would get a profit of 20 percent, what would be the mark price?
1001 05fb399bfcb95815ec70d6862
5fb399bfcb95815ec70d6862- 1Rs. 1180false
- 2Rs.1080false
- 3Rs. 1200true
- 4Rs. 1100false
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Answer : 3. "Rs. 1200 "
Q: The value of a mobile phone depreciates at the rate of 10% every year. It was purchased 3 years ago. If its present value is Rs. 6561/-, its purchase price was.
1000 062f11ebe09a97851b626689c
62f11ebe09a97851b626689c- 1Rs. 8100false
- 2Rs. 9000true
- 3Rs. 9100false
- 4Rs. 9729false
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