Profit and Loss Practice Question and Answer
8 Q: If Arun purchases 11 articles for Rs.10 and sold all the articles at the rate of 10 for Rs.11, the profit percentage will be.
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6024f1cecce66f776c86d09b- 121%true
- 2100%false
- 310%false
- 411%false
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Answer : 1. "21% "
Q: A man sold a watch at a loss of 5%. If he would have sold it for Rs. 27 more, he would have gained 7%. The cost price of the watch is -
958 0609a63ad8ea85b2491016d43
609a63ad8ea85b2491016d43- 1Rs. 325false
- 2Rs. 225true
- 3Rs. 500false
- 4Rs. 375false
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Answer : 2. "Rs. 225"
Q: A Shopkeeper marks his goods 20 % above its cost price and gives 15 % discount on the marked price. Find the gain?
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60b71348cef13e72bbf96aef- 12 %true
- 23 %false
- 34 %false
- 45 %false
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Answer : 1. "2 %"
Q: The cost price of a radio is₹ 600. The 5% of the cost price is charged towards transportation. After adding that, if the net profit to be made is 15%, then the selling price of the radio must be
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6246d018e6c50b4b29b8032f- 1₹ 704.50false
- 2₹ 724.50true
- 3₹ 664.50false
- 4₹ 684.50false
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Answer : 2. "₹ 724.50 "
Explanation :

Q: A shopkeeper wants to make a profit of 20% on an article after selling it, while he gives a cash discount of 20%. Further allows 4 more articles for free after purchase of one dozen articles to his premium customer. How much per cent above the cost price he must mark his article?
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64dc8822d02c5c746bf4719e- 185%false
- 290%false
- 3110%false
- 480%false
- 5100%true
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Answer : 5. "100%"
Q: Nisha bought a number of oranges at 2 for a rupee and an equal number at 3 for a rupee. To make a profit of 20% she should sell a dozen for
923 06246d641a008a64dd39f1525
6246d641a008a64dd39f1525- 1₹ 10false
- 2₹ 12false
- 3₹ 6true
- 4₹ 8false
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Answer : 3. "₹ 6 "
Explanation :

Q: The cost of a new scooter is Rs 25000, at the end of each year its value becomes 80% of the starting price of that year, what will be the cost of the scooter after 3 years?
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6319af742d4ba278b66e2a82- 112000false
- 212800true
- 310000false
- 412500false
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Answer : 2. "12800"
Q: A dealer sold an article at a loss of 2%. Had he sold it for ₹44 more, he would have gained 20%. Find the cost price of the article.
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64cce7d0a919c8488e3039b2- 1₹250false
- 2₹300false
- 3₹400false
- 4₹200true
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