Profit and Loss Questions Practice Question and Answer
8 Q: A and B invested 1/2 and 1/3 of the total capital respectively, the remaining part C invested. If there is a profit of Rs. 9696 at the end of the year, then what is the profit of B?
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Answer : 2. "3232"
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?
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Answer : 1. "18"
Q: If the selling price of a product is multiplied by 2, the resulting profit is 6 times the original profit. What is the original profit percentage?
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Answer : 1. "25"
Q: The price of 6 pencils is Rs. 30 and that of 12 pens is Rs. 120. What is the average price of 50 pencils and 50 pens?
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5f9a9ce13149fe41bd5f7c05- 1Rs. 6.75false
- 2Rs. 7.5true
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- 4Rs. 5.75false
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Answer : 2. "Rs. 7.5 "
Q: Rahul purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?
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Answer : 4. " 5.6"
Q: When a mobile is sold at 6 percent profit, it gets Rs. 870 more than it is sold at 6 percent loss. So what is the purchase price of mobile?
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Answer : 1. "7250"
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?
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5f892eb358d85e164c5b5cb2- 1Rs. 300true
- 2Rs. 330false
- 3Rs. 240false
- 4Rs. 324false
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Answer : 1. "Rs. 300 "
Q: A shopkeeper allows 25% discount on his advertised price and to make a profit 25% on his outlay. What is the advertised price (in Rs.) on which he gains Rs. 6000?
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