Profit and Loss Practice Question and Answer
8 Q: A pen passing through two hands is finally sold at a profit of 44% of the original cost price. If the first dealer makes a profit of 20%, then the profit made by the second dealer is:
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Answer : 3. "20%"
Q: A fan is listed at ₹ 150 and a discount of 20% is given. Then the selling price is
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6246cec8e6c50b4b29b7fe44- 1₹ 120true
- 2₹ 110false
- 3₹ 180false
- 4₹ 150false
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Answer : 1. "₹ 120 "
Explanation :

Q: A trader sells an article at 16% below its cost price. Had he sold it for ₹192.20 more, he would have gained 15%. The cost price (in ₹) of the article is:
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6489bb4ef4063d472f4b2f0e- 1620true
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Answer : 1. "620 "
Q: The selling price and the cost price of an article are ₹6,000 and ₹5,000, respectively. What is the profit percentage?
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Answer : 3. "20%"
Q: Total cost of A pens and (A-2) pencils is Rs 424. If one pencil and one pen costs Rs 4 and Rs 20 respectively then find A?
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Answer : 2. "18"
Q:Answer the following questions
Rama dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%?
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63bd5c1161d62119f1d53419- 1Rs. 520false
- 2Rs. 650false
- 3Rs. 620false
- 4Rs. 550true
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Answer : 4. "Rs. 550"
Q: A shopkeeper charges his customers 15% above the cost price, if a customer has bought a sofa-set for 9039, then for how much did the shopkeeper buy it?
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63108f5e7c72c07784687b91- 1Rs. 7880false
- 27660false
- 37860true
- 47680false
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Answer : 3. "7860 "
Q: There is a profit of 10% when an item is sold at $${{5\over6}}$$ of its actual selling price. What will be the profit percentage on the cost price when the item is sold at its actual selling price?
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