Profit and Loss Practice Question and Answer
8 Q: A trader sold two items at the same price. One at 20% profit and another at 10% loss. The overall profit / loss percentage of the trader is ________
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6095241a5deaac0c4620f8e6- 14% lossfalse
- 24% profitfalse
- 38% lossfalse
- 4None of thesetrue
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Answer : 4. "None of these"
Q: A radio is sold for Rs.900 at 10% profit. If it had been sold for Rs 890, what would have been the actual profit or loss?
986 063285bcca323937dac07886c
63285bcca323937dac07886c- 1profit of Rs.10false
- 2profit of Rs.90false
- 3profit of Rs.90false
- 4a loss of Rs 10true
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Answer : 4. "a loss of Rs 10"
Q: While selling an article, a shopkeeper gives a discount of 5%. If he gives a discount of 7%, he earns Rs.15 less as profit. The marked price of the article is -
982 06024ebb0cce66f776c86b170
6024ebb0cce66f776c86b170- 1Rs.1250false
- 2Rs.840false
- 3Rs.750true
- 4Rs.850false
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Answer : 3. "Rs.750"
Q: A cycle seller gives 10% discount on marked retail price and still earns 26% profit. If marked retail price of the cycle is Rs. 840/- Then how much money was paid by the seller for that cycle?
974 06337231a5c208a6bf71d20a4
6337231a5c208a6bf71d20a4- 1₹ 600/-true
- 2₹ 650/-false
- 3₹ 700/-false
- 4₹ 750/-false
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Answer : 1. "₹ 600/-"
Q: A shopkeeper bought 25 kg. of pulses at the rate of Rs. 54 kg. He sold forty percent of the total quantity at the rate of Rs. 50 per kg. at what price per kg should he sell the approximately quantity to make 25% overall profit ?
972 060acc2fe5b70231d286a910c
60acc2fe5b70231d286a910c- 179true
- 281false
- 398false
- 467false
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Answer : 1. "79"
Q: The total cost of x pens and (x-2) pencils is Rs 424. If one pencil and one pen costs Rs 4 and Rs 20 respectively then find x?
967 063d29831307947462bedecb1
63d29831307947462bedecb1- 116false
- 218true
- 315false
- 420false
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Answer : 2. "18 "
Q: The marked price of an article is Rs.800. A retailer buys it for Rs.540 after getting two successive discounts. The first discount is 25 %. What is the second discount?
967 0605316f3a01bc44789ae0ff1
605316f3a01bc44789ae0ff1- 18 %false
- 212 %false
- 310 %true
- 415 %false
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Answer : 3. "10 %"
Q: By selling an article at 2/3 of the Marked price, there is a loss of 10%. The profit percent when the article is sold at the Marked prices
966 062ff7b8ffef7996822ddfb52
62ff7b8ffef7996822ddfb52- 120%false
- 230%false
- 335%true
- 440%false
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