Profit and Loss Questions Practice Question and Answer
8 Q:Direction: A shopkeeper has some kg. rice of same price. He sold 150 kg. rice at 25 Rs. per kg. and earned a profit of 25%, another 180 kg. rice is sold at a profit of 20% and rest are sold at a loss of 10%. If the shopkeeper earns Rs. 1230 profit on all the rice that he has sold then answers the following question:
Find the quantity of those rice that are sold at a loss of 10%.
1060 05eb112b95e1730730e791d20
5eb112b95e1730730e791d20- 1110 kg.false
- 2125 kg.false
- 3150 kg.false
- 4120 kg.true
- 5115 kg.false
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Answer : 4. "120 kg."
Q: A shopkeeper sells a watch set on discount of 8% of printed price and gain 25 %. If marked price was Rs. 20,000 then, what was the cost price?
1055 15f5af5d1dc518b408a4158e4
5f5af5d1dc518b408a4158e4- 1Rs. 13,800false
- 2Rs. 14,720true
- 3Rs. 14, 800false
- 4Rs. 13, 720false
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Answer : 2. "Rs. 14,720"
Q: If the cost price of 28 items is equal to the selling price of 21 items, what is the profit percentage?
1046 05fb39a0fcb95815ec70d6877
5fb39a0fcb95815ec70d6877- 112 %false
- 2true
- 320 %false
- 422 %false
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Answer : 2. " "
Q: Ritesh sold a pen for Rs. 36 with a profit of 20%. If it were sold for Rs. 33, then what could be the percentage of profit or loss?
1042 0606d779e6a85553684e1c299
606d779e6a85553684e1c299- 110% Profittrue
- 215% Profitfalse
- 312% Lossfalse
- 418% Lossfalse
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Answer : 1. "10% Profit"
Q: When an article is sold for Rs 366, there is a loss of 39%. To gain 41% it should be sold for Rs?
1033 0602e38c1bb9bb966a304d6ff
602e38c1bb9bb966a304d6ff- 1626false
- 2426false
- 3846true
- 4354false
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Answer : 3. "846 "
Q: A watch is sold at a profit of 25%. Had it been sold for Rs.120 less then, there would have been a less then of 15%. What is the cost price in rupees?
1031 0648186e051bf19475306ca57
648186e051bf19475306ca57- 1Rs.400false
- 2Rs.350false
- 3Rs.200false
- 4Rs.300true
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Answer : 4. "Rs.300"
Q: A shopkeeper buys three products a, b, c and sells them at 20%, 30%, 40% profit, respectively. What is ratio of the selling price of these products, if the ratio of their cost prices is 4:3 :2?
1031 064131124b34a0b67fce4d0ef
64131124b34a0b67fce4d0ef- 148 : 39 : 28true
- 234 : 54 : 12false
- 324 : 39 : 14false
- 456 : 26 : 21false
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Answer : 1. "48 : 39 : 28"
Q: A dishonest dealer marks up his goods by 50% and then gives a discount of 20% on the marked price. Apart from this, he uses a faulty balance which reads 1kg for 900 gm. What is his net profit percentage (rounded off to the nearest integer)?
1027 0649d86baab3c5fffc2eb6b91
649d86baab3c5fffc2eb6b91- 124false
- 227false
- 336false
- 433true
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