Profit and Loss Practice Question and Answer
8 Q: A salesman expects a gain of 13% on his cost price. If in a month his sale was ₹ 7,91,000, what was his profit ?
852 06246cce8a008a64dd39ef0b7
6246cce8a008a64dd39ef0b7- 1₹ 91,000true
- 2₹ 97,786false
- 3₹ 85,659false
- 4₹ 88,300false
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Answer : 1. "₹ 91,000 "
Explanation :

Q: If the shopkeeper sold the mobile for Rs.15000 and then he gets some loss. If he sold the same mobile at Rs.19200 and then he gets profit is double of loss. Find the cost price of the mobile?
851 062f388da3342ab118439c1e0
62f388da3342ab118439c1e0- 1Rs.16000false
- 2Rs.18000false
- 3Rs.17500false
- 4Rs.15500false
- 5None of thesetrue
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Answer : 5. "None of these "
Q: By selling 100 pencils, A shopkeeper gains the selling price of 20 pencils. His gain percentage is
849 062ff76688921e519c1485fd5
62ff76688921e519c1485fd5- 115false
- 212false
- 325true
- 420false
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Answer : 3. "25 "
Q: A man buys a cycle for ₹1400 and sells it at a loss of 15%. What is the selling price of the cycle?
848 06246c67a398e4a497b43d0bd
6246c67a398e4a497b43d0bd- 1₹1160false
- 2₹1000false
- 3₹1202false
- 4₹1190true
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Answer : 4. "₹1190 "
Explanation :

Q: If the loss is 20%, by what fraction should the selling price be multiplied to get the cost price?
847 06321bb433169cb1b15680415
6321bb433169cb1b15680415- 14/5false
- 28/5false
- 35/4true
- 46/5false
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Answer : 3. "5/4"
Q: A man bought an old typewriter for ₹1200 and spent ₹200 on its repair. He sold it for ₹1680. His profit percent is :
840 06246c87be6c50b4b29b7d521
6246c87be6c50b4b29b7d521- 18%false
- 216%false
- 320%true
- 410%false
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Answer : 3. "20% "
Explanation :

Q: Shopkeeper sold an article after allowing two successive discounts of 15% and 20% on it. If shopkeeper earned 2% profit on selling the article and total discount allowed by him is Rs. 192, then find cost price of the article?
837 063d29910e144980db72d08b0
63d29910e144980db72d08b0- 1Rs.500false
- 2Rs.400true
- 3Rs.300false
- 4Rs.600false
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Answer : 2. "Rs.400"
Q: A man bought three articles, each of which cost Rs 3000. He sold those articles at 10% profit, 5% profit and 15% loss respectively. What is the total profit/loss percentage earned by him?
836 06321bb9964c0411bf18aa7a4
6321bb9964c0411bf18aa7a4- 110% lossfalse
- 25% lossfalse
- 35% profitfalse
- 4no profit no losstrue
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