Profit and Loss Questions Practice Question and Answer
8 Q: Ranjan made a profit of 25% when selling a TV set at Rs. 3000. If he now has to pay Rs. 500 more for the set, what should be his new selling price in order to make the same percentage of profit?
1575 060c3443fb0fa62518b433b1e
60c3443fb0fa62518b433b1e- 1₹ 3650false
- 2₹ 4000false
- 3₹ 3600false
- 4₹ 3625true
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Answer : 4. "₹ 3625 "
Q: A cow was sold at 8% profit. If it were bought at 20% less and sold at 40% profit, then the owner would gain ₹ 640 more. Find the initial cost price of the cow.
1552 1614c6ea7cf76ad014639dbc3
614c6ea7cf76ad014639dbc3- 1₹ 15,000false
- 2₹ 16,000true
- 3₹ 20,000false
- 4₹ 25,000false
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Answer : 2. "₹ 16,000 "
Q: If an item is sold for Rs. 270, there is a loss of 10 percent on it , then what will be the cost price of that item?
1544 05f892eb358d85e164c5b5cb2
5f892eb358d85e164c5b5cb2- 1Rs. 300true
- 2Rs. 330false
- 3Rs. 240false
- 4Rs. 324false
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Answer : 1. "Rs. 300 "
Q: A person bought pens at 25 for a rupee and sold at 15 for a rupee. What is his profit percentage?
1542 05f2e52432b354b255006cbff
5f2e52432b354b255006cbff- 1true
- 240false
- 3false
- 4false
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Answer : 1. " "
Q: A man purchased a bed sheet for Rs. 450 and sold it at again of 10 % calculated on the selling price. The selling price of the bedsheets was
1541 05dcb896ae9d33d6509bd9de7
5dcb896ae9d33d6509bd9de7- 1Rs. 460false
- 2Rs . 475false
- 3Rs . 480false
- 4Rs . 500true
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Answer : 4. "Rs . 500 "
Q: Cost of 36 pens and 42 Pencils is Rs 460. What is the cost of 18 pens and 21 pencils?
1536 05df0b8600183ea49d62ac237
5df0b8600183ea49d62ac237- 1230true
- 2203false
- 3302false
- 4320false
- 5None of thesefalse
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Answer : 1. "230"
Explanation :
(36 Pens + 42 Pencils)=460
2(18Pens + 21 Pencils) = 460
18 Pens +21 Pencils =230 Ans.
Q: The reduction of Rs . 12 in the selling price of an article will changes 5 % gain into loss . The cost price of the article is
1533 05d9dab835863b37fdc696095
5d9dab835863b37fdc696095- 1Rs. 140false
- 2Rs. 160true
- 3Rs. 80false
- 4Rs. 100false
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Answer : 2. "Rs. 160"
Q: A trader had 2000 kgs of rice. He sold a part of it at 10 % profit and the rest at 16 % profit so that he made a total profit of 14.2%. How much rice (in kg) did he sell at 10 % profit?
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5dca4eecf7c0852c4475b0b9- 11400false
- 2600true
- 3800false
- 41000false
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