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Profit and Loss Questions and Answers

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Q :  On selling oranges 5 for Rs.1. One gets 20% profit. How many orange were purchased for Rs.1.

(A) 3

(B) 7

(C) 4

(D) 6

Correct Answer : D

Q :  On selling 36 oranges one incurs a loss equal to selling Price of 4 oranges. What will be the loss%?

(A) 10%

(B) 34%

(C) 13%

(D) 14%

Correct Answer : A

Q :  Cost price of 21 objects is equal to selling price of 15 objects. What is the profit?

(A) 25%

(B) 30%

(C) 33%

(D) 40%

Correct Answer : D

Q :  A dishonest dealer professes to sell his good at cost price, but he uses a weight of 800 gm. For one kg. Find his gain percent?

(A) 20

(B) 25

(C) 40

(D) 10

Correct Answer : B

Q :  A machine was sold at 10% Profit had it been sold for Rs 80 less the seller would have incurred 10% loss. What is cost price of Machine?

(A) 350

(B) 400

(C) 450

(D) 520

Correct Answer : B

Q :  If one object is sold for 5% instead of 5 % loss the seller gets Rs. 33.6 more. What is the cost Price?

(A) 336

(B) 454

(C) 672

(D) 785

Correct Answer : A

Q :  A cycle is sold for Rs.2070 at profit of 15%, at what profit of 15%, at what price it should be sold so as to earn 25% Profit.

(A) 2150

(B) 2250

(C) 2350

(D) 2450

Correct Answer : B

Q :  

If 5500 copies are published and the transportation cost on them amounts to Rs. 82,500, then what should be the selling price of the book so that the publisher can earn a profit of 25%?

(A) Rs. 187.50

(B) Rs. 191.50

(C) Rs. 175

(D) Rs. 180

Correct Answer : A
Explanation :
For the publisher to earn a profit of 25% S.P = 125% of C.P.
Also Transportation Cost = 10% of C.P.
Let the S.P of 5500 books be Rs. x.
Then, 10 : 125 = 82500 : x ⇒ x = Rs.  = Rs. 1031250.
⸫ S.P. of one book = Rs. = Rs. 187.50. 



Q :  A shopkeeper earns a profit equal to the cost price of 15 meter by selling 45 meter cloth. Find the profit percent?

(A) 33%

(B) 30%

(C)

(D) 55%

Correct Answer : C

Q :  

Cost of 24 bats and 32 sticks is Rs 5600. What is the price of 3 bats and 4 sticks?

(A) Rs 1400

(B) Rs 2800

(C) Rs 700

(D) Data Inadequate

(E) None of these

Correct Answer : C

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