Profit and Loss Practice Question and Answer
8 Q: A woman buys a watch for Rs. 4,000 and sells it at a loss of 13%. What is the selling price of the watch?
898 0644faa52f3618908bf548c23
644faa52f3618908bf548c23- 1Rs.3,480true
- 2Rs.3,500false
- 3Rs.3,840false
- 4Rs.3,620false
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Answer : 1. "Rs.3,480"
Q: By selling 33 metres of cloth a person gain the cost price of 11 metres. find the gain%
894 062ff77228921e519c148621b
62ff77228921e519c148621b- 1$$33{1\over3}\%$$true
- 2$$33{1\over2}\%$$false
- 333%false
- 4$$34{1\over3}\%$$false
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Answer : 1. "$$33{1\over3}\%$$ "
Explanation :

Q: By selling an article for ₹72, there is a loss of 10%. At what price it should be sell to gain 10% profit?
893 0639c9287c7eb1b240b5fcd1e
639c9287c7eb1b240b5fcd1e- 1₹85false
- 2₹88true
- 3₹80false
- 4₹90false
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Answer : 2. "₹88"
Q: When a shopkeeper sells an item for Rs 230, he loses 20 percent. If he sells the item for Rs. 339.5, what percentage of profit will he make?
893 05f9be1b13dfc3659c697960e
5f9be1b13dfc3659c697960e- 118true
- 212false
- 320false
- 415false
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Answer : 1. "18"
Q: If books bought at prices from ₹150 to ₹ 300 are sold at prices ranging from ₹ 250 to ₹350, what is the greatest possible profit that might be made in selling 15 books ?
891 06246d5ad398e4a497b4421d3
6246d5ad398e4a497b4421d3- 1₹ 750false
- 2₹ 4,250false
- 3₹ 3,000true
- 4Cannot be determinedfalse
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Answer : 3. "₹ 3,000"
Explanation :

Q: An umbrella is marked for ₹150 and sold for ₹138. The rate of discount is:
887 064ccdd8d9e9013486a978d04
64ccdd8d9e9013486a978d04- 15%false
- 28%true
- 36%false
- 49%false
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Answer : 2. "8%"
Q: A cloth merchant on selling 33 metres of cloth obtain a profit equal to the selling price of 11 metre of cloth the profit is
886 062ff7762a6d1894ab156b2f5
62ff7762a6d1894ab156b2f5- 140%false
- 222%false
- 350%true
- 411%false
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Answer : 3. "50%"
Q: A trader marks his goods at 20% above cost price. If he allows a discount of 5% what is his final profit%?
880 06078156d63b9781494e3fd85
6078156d63b9781494e3fd85- 112%false
- 214%true
- 315%false
- 418%false
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